More of the same from Dream Town
This video promises "complete access" to the MLS. Don't believe it. Consumers don't get "complete access" to the MLS. Be skeptical - very, very ske [...]
Sellers settle for less in first half of '09
Up until this year, the real estate recession could be seen in Chicago mostly in the declining number of home sales -- and time on the market -- but n [...]
A glut of homes in Kenilworth?
Having lived in Kenilworth for 5 years some time back, I can vouch for the fact that it's an exceedingly pleasant, low-key, and friendly place to be [...]
Jon Stewart on Timothy Geithner's house
The Daily Show With Jon StewartMon - Thurs 11p / 10cHome Crisis Investigationwww.thedailyshow.comDaily Show Full EpisodesPolitical HumorJoke of the Da [...]
Sue first, ask questions later
By now everyone from The Wall Street Journal to the Sun-Times has reported Horizon Realty Group's lawsuit against a tenant over an allegedly defamator [...]
All signs point down in first half of '09
June home sales data are out and a few news organizations are clinging on an increase in sales between May and June, pointing to signs of optimism. Th [...]
Case-Shiller Tuesday: Chicago home values rose slightly from April to May
The values of single-family homes and condos in Chicago rose from April to May 2009, but values nationwide dipped by another fraction of a percent whe [...]
Quote of the day: December approaches
"I only wonder how much of the increase is coming from rising demand from new homebuyers. The tax credit is boosting demand, but what will happen when [...]
Chicago in 1948: A Traveltalks time capsule
Occasionally we come across Flickr photosets filled with great old pictures of the Windy City. Today, "Colonel Tribune" pointed readers to another b [...]
Appraisal issues, new opportunities in Chicago
Recent changes have created a number of problems with appraisals in Chicago, says Kathleen Cordes of Prudential Preferred Properties' Lincoln Park o [...]
Short sales, foreclosures, REOs and new construction deals
The question of whether this is "a good time to buy" doesn't make much sense to me without a specific factual context. Whatever your take might be o [...]
Quote of the day: Why pay full price?
“To me, it doesn’t make sense to buy something on the retail market when you can buy a foreclosed home so far under the market.”
- Real estate agent [...]
Quote of the day: Deep discounts and auctions
Several readers have asked us about the possible consequences at buying distressed properties or homes at auction. Here's some advice from one develop [...]
Quote of the day – condos dead in the water
"I walk out of my office in Printer's Row and all around me I see condos dead in the water."
David Hanna, Chicago Association of Realtors president, [...]
Carlos Zambrano on the Chicago River
Jeremy Schnitker and I were out exploring the Chicago Riverwalk this afternoon when Jeremy spotted Cubs pitcher Carlos Zambrano in a boat on the Chi [...]
Quote of the day: Time is running out
"There's not as much sand in the hourglass as we may think."
Jim Merrion, regional director at Re/Max Northern Illinois, telling the Tribune that fir [...]
Quote of the day: protected by title insurance
"They are 100 percent protected by their title insurance," is what John Carroll, CEO of Kirk Homes, said of homeowners who've had contractor lien clai [...]
Remembering Dempsey Travis
The Tribune is reporting that Dempsey Travis, one of Chicago's most accomplished real estate developers, died in his home today, at the age of 89.
[...]
Case-Shiller: Chicago condo values still declining less than overall city, national values
The news peg for the latest Standard & Poor's Case-Shiller Home Price Indices is that the decline in home values may be slowing. "April ... marked [...]
Quote of the day: Take my home, please
"I have even begged them for a foreclosure,"
Delinquent mortgage holder Charlotte Jensen told the Washington Post in response to the fact that a yea [...]