Home Selling in Chicago : Advice

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Kenan Jue, Real Estate Pro in San Francisco, CA
According to AARP, for the next 18 years, baby boomers will be turning 65 at a rate of about 8,000 a day. That’s a lot of American homeowners who are reaching retirement age and are starting thinking… Read more
Blogged Wed Mar 12, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Mike Opyd, Real Estate Pro in Near North Side, Chi...
Mike Opyd answered:
How important in $ is floor level in a bldg? How to translate into $, 9th flr vs. 19 flr. same unit?
The higher the floor the more valuable the unit. Use about $2K as a basis for each floor. So 9th floor would be $20K less than a 19th floor unit.
0 votes Share Flag Wed Mar 12, 2014 Home Selling in Near North Side
Mike Opyd, Real Estate Pro in Near North Side, Chi...
Mike Opyd answered:
Best ways to sell condo
Reach out to a few agents to interview and see who you feel would be the best fit for you. On average using an agent will net you more than selling it yourself.
0 votes Share Flag Wed Mar 12, 2014 Home Selling in Near North Side
Lucid Realty, Real Estate Pro in 60126
The inventory supply of single family homes in Chicago’s Edgewater neighborhood was 1.8 months of inventory as of Jan. 31, 2014. This is the lowest amount of single family home inventory in the past… Read more
Blogged Wed Mar 12, 2014 by Lucid Realty Market Conditions Home Buying Home Selling
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
Who are the best architects and contractors in Chicago for vintage properties?
For a Qualified & Trustworthy Contractor feel free to reach out to:

Nick Psyhogios
nick@exemplarybuilders.com
0 votes Share Flag Tue Mar 11, 2014 Home Selling in 60610
Lucid Realty, Real Estate Pro in 60126
The inventory supply of condos and townhomes for sale in the Edgewater neighborhood was a 2.7 month supply as of Jan. 31, 2014, the lowest level in the last 5 years. Market times averaged just below 110… Read more
Blogged Tue Mar 11, 2014 by Lucid Realty Market Conditions Home Buying Home Selling
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Jeff Nobleza, Real Estate Pro in 60640
Some interesting information I pulled up in two buildings where I own units.655 West Irving Park Road (991 unit building)Calendar year 2012  25 one bedroom one bathroom units sold at an average price… Read more
Blogged Mon Mar 10, 2014 by Jeff Nobleza Market Conditions Home Selling Property Q&A
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Kenan Jue, Real Estate Pro in San Francisco, CA
Over the past year, we have seen an increase of 10.4% on home prices nationally, according to Trulia’s Price Monitor. We are seeing the beginnings of a robust recovery from the housing market crash… Read more
Blogged Mon Mar 10, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
Noah Seidenb…, Real Estate Pro in Evanston, IL
West Rogers Park Real Estate or also known as the neighborhood called West Ridge has done very well in the last year and today we have data through the end of January 2014. The percent of list to sales… Read more
Blogged Mon Mar 10, 2014 by Noah Seidenberg Market Conditions Home Buying Home Selling
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Lucid Realty, Real Estate Pro in 60126
The inventory of single family homes for sale in Lincoln Square was below a 2 month supply on January 31, 2014. This is the lowest inventory supply in the more than 5 years. The highest inventory level… Read more
Blogged Mon Mar 10, 2014 by Lucid Realty Market Conditions Home Buying Home Selling
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Jeff Nobleza, Real Estate Pro in 60640
I recently had been contacted by two clients who I helped purchase condos in 2009 and 2011.One was a first time home buyer whom I helped purchase a condo in Lincoln Square for $105,000 in 2009. He is interested… Read more
Blogged Sun Mar 9, 2014 by Jeff Nobleza Home Selling Property Q&A Investment Properties
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Jeff Nobleza, Real Estate Pro in 60640
Here's some interesting information pulled from the MLS about recently flipped homes within the last 90 days:3843 N Francisco bought for $235,000 rehabbed and flipped for $395,0004330 N Bernard bought… Read more
Blogged Sun Mar 9, 2014 by Jeff Nobleza Market Conditions Home Selling Investment Properties
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Doug Boehm, Real Estate Pro in Chicago, IL
Doug Boehm answered:
What is your opinion about the 680 Lake shore Drive building ?
Chris,

I am a real estate broker and I currently live in the 680 Lake Shore building. I know I am losing some of my view because of the buildings going up. It is also going to make t ... more
0 votes Share Flag Sun Mar 9, 2014 Home Selling in Near North Side
Michael Rose…, Real Estate Pro in 60654
Michael Rosenblum answered:
I am having a hard time selling my home because the buyers I am running into are having a hard time qualifying for the full amount of the loan.
You should be very careful about giving owner financing to any buyer who can't qualify for a bank loan. I would advise you speak with your attorney first to determine if this is the bes ... more
0 votes Share Flag Sun Mar 9, 2014 Home Selling in Chicago
Lucid Realty, Real Estate Pro in 60126
The market times for condos in Lincoln Square still remains below 100 days as of January 31, 2014.  This is much lower than the previous years. In February 2013, the average market time for Lincoln Square… Read more
Blogged Sun Mar 9, 2014 by Lucid Realty Market Conditions Home Buying Home Selling
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Lucid Realty, Real Estate Pro in 60126
The inventory of 2 and 3 bedroom condos for sale in Lincoln Square was just over 2 months supply on Jan 31, 2014. This is the lowest supply in more than 5 years. Read more
Blogged Sat Mar 8, 2014 by Lucid Realty Market Conditions Home Buying Home Selling
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Lucid Realty, Real Estate Pro in 60126
The inventory of single family homes in Chicago’s Lincoln Park neighborhood was a 3.1 month supply as of Jan. 31, 2014. This has increased over the past few months but is still considerably low. Read more
Blogged Fri Mar 7, 2014 by Lucid Realty Market Conditions Home Buying Home Selling
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Mark Malave,…, Real Estate Pro in 60626
As most of you know, I am primarily a buyer's agent here on the far north/northwest sides of the city. Understanding this, I go see many, many properties on an almost daily basis. I see the whole market… Read more
Blogged Thu Mar 6, 2014 by Mark Malave, Buyer's Agent Market Conditions Home Buying Home Selling
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John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
What's the best way to determine expected selling price and based on that the reasonable listing price in order to ensure the place sells in 3
Have your real estate agent pull comps of homes like yours which have sold in the last 6 months. Price the home about 5% above the average of those selling prices. After that, you shoul ... more
0 votes Share Flag Thu Mar 6, 2014 Home Selling in 60607
Kenan Jue, Real Estate Pro in San Francisco, CA
The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed… Read more
Blogged Thu Mar 6, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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John Robinson, Agent in Chicago, IL
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