Market Conditions in 60646 : Questions & Answers

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Sylvia Marti…, Real Estate Pro in Chicago, IL
Sylvia Martinez-Johnson answered:
how is the market value for townhomes in bucktown compared to river north, west loop, and near north.?
It really depends on the area and property. Do you have a specific property that you would like to compare. Give me a call when you have a chance to discuss. Thanks. 312-217-3237
0 votes Share Flag Mon Apr 30, 2012 Market Conditions in Chicago
Sohail Salah…, Real Estate Pro in Chicago, IL
Sohail Salahuddin answered:
what is the asking price for the building located 717 north central park?
Bertha,


This is a another Trulia property that is not listed. Could be a mistake in the actual address or a property that doesn't really exist for sale as there are many on Trulia ... more
0 votes Share Flag Sun Apr 22, 2012 Market Conditions in Chicago
Sohail Salah…, Real Estate Pro in Chicago, IL
Sohail Salahuddin answered:
what is the asking price what about a land contract for this building?
Bertha,

Land contracts are an option however the main factor depends on the seller's reasons for selling, his ability to a land contract and your ability to get a loan in the future. ... more
0 votes Share Flag Sun Apr 15, 2012 Market Conditions in Chicago
Jeff Stewart, Real Estate Pro in Chicago, IL
Jeff Stewart answered:
How much have property values declined in Rogers Park on homes east of Glenwood since June 2008?
Hey Dan,

Although every home is different (making it impossible to say for certain until I get more information) the Rogers Park real estate market has declined substantially and, in ... more
0 votes Share Flag Mon Apr 16, 2012 Market Conditions in Rogers Park
Lucid Realty, Real Estate Pro in 60622
Lucid Realty answered:
Has anyone used a firm to assist a condo association to get their Association recertified FHA prior to actually getting a buyer?
Hi,

Our lender partners have always been willing to help us out.

Sari
Lucid Realty
0 votes Share Flag Tue Mar 19, 2013 Market Conditions in Rogers Park
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
What's the trend on new developments in the following neighborhoods in Chicago? Also, is gentrification slowing down since the recession?
Gentrification came to a screaming halt everywhere and it is not about to change for a number of years. Wicker has held up better than the others, but it depends on what you are referri ... more
0 votes Share Flag Sat Dec 3, 2011 Market Conditions in Chicago
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
I am curious about rent prices trend for neighborhoods of Chicago since 2005 to now : Wicker Park, Logan Square, Pilsen, and Bridgeport
The rentshave raised in the last few years. Its as simple as supply and demand. There is a high demand to rent, thus the price is raised I see rent prices being high for the next few ye ... more
0 votes Share Flag Fri Dec 9, 2011 Market Conditions in Chicago
Allie Payne, Real Estate Pro in Evanston, IL
Allie Payne answered:
Average condo monthy fee for a 2 bed 2 bath condo in the chicago area
There really is no "average". A lot depends on your condo association and their budget. Some associations keep the assesments low and then implement a special assesment for ... more
0 votes Share Flag Sun Oct 21, 2012 Market Conditions in Dunning
Christopher T…, Real Estate Pro in Clearfield, PA
Christopher T Luzier answered:
How does one post an open house on Trulia?
I believe the way to do it is make sure you're signed in. From there, you should see your profile pic in the top right. If you hover the mouse over that you should see "My Lis ... more
0 votes Share Flag Wed Nov 16, 2011 Market Conditions in Chicago
Wanda Monter…, Real Estate Pro in Chicago, IL
Wanda Monterrubio answered:
What is average time on the market in the Galewood area?
Hello Jeff,
The average market time for sold properties is 144 days in Galewood Chicago. Do you have a client that is looking to sell there?
0 votes Share Flag Fri Nov 2, 2012 Market Conditions in Chicago
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
What are building costs per square foot in Kanakee, IL?
Residential, comercial, garage, SFR, Condo, new, rehab, union, non union, in reference to code variences as compared to Chicago, rural, city, tradesmen, general costs, what exactly are ... more
0 votes Share Flag Thu Dec 1, 2011 Market Conditions in 60614
MarkusAIC, Real Estate Pro in Chicago, IL
MarkusAIC answered:
If there are no similar comparable properties, what else can be used to help with deciding on an offer
At that location there should be things nearby that can be used as Comps. Try peeling away amenities or oddities about the property that make you think it so different that there are no ... more
0 votes Share Flag Tue Aug 9, 2011 Market Conditions in 60614
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
I've been interested in real estate for quite some time, but given current conditions, I've been a bit gun shy about pursuing a career.
Hi, real estate is a 24/7 business. You can achieve your financial goal if you have the proper resources and referral base. If you let anybody you already know and anybody you come in ... more
0 votes Share Flag Mon May 30, 2011 Market Conditions in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
does my condo have to be FHA approved in order to get a reverse mortgage?
No. One has nothing to do with the other.
0 votes Share Flag Sun Oct 12, 2014 Market Conditions in Rogers Park
J, Other/Just Looking in American Canyon, CA
J answered:
Is section 8 included in the budget cuts along with other welfare programs?And what are the items in it that will effect us
These programs are almost never ever cut
its a built in voter base for the dems
0 votes Share Flag Fri Jan 11, 2013 Market Conditions in Chicago Lawn
Gene Hacker, Real Estate Pro in Lake Isabella, CA
Gene Hacker answered:
How long until I could sell in Rogers Park?
If you are selling and buying it should be a wash regardless if prices increase or decrease.

Say you can sell for more a year from today...you would likely be paying more too for t ... more
0 votes Share Flag Fri Mar 15, 2013 Market Conditions in 60626
NonRealtor, Other/Just Looking in 23456
NonRealtor answered:
what do you think the trend will be in the south loop in the next five years and have prices stoppped dropping in the area?
You can look at Trulia's stats and trends (in the menu above) here is a link.

http://www.trulia.com/real_estate/60616-Chicago/

Wait another year to buy, prices are declining ... more
0 votes Share Flag Thu Jul 25, 2013 Market Conditions in 60616
Ben Kastein…, Real Estate Pro in Naperville, IL
Ben Kastein and Bob Hudetz answered:
I'm off to NAR. I'm on the Conv. Lending and Public policy committees. What would you like NAR to know about the Chicago market &?
You posed so many great conversation starters but one issue I feel should be discussed is the local & state taxes imposed on property owners. Its the old "adage" when hom ... more
0 votes Share Flag Tue Nov 2, 2010 Market Conditions in Chicago
Jack Lewitz, Real Estate Pro in Chicago, IL
Jack Lewitz answered:
Is the Chicago market getting better? My company maintains foreclosed homes (www.ilcleanout.com) & recently we've seen several sell. Is?
You can go visit my website as it is all about Illinois Foreclosure market . You can log in look at active Short Sale and REO listings and look up closed sale of same properties in Illi ... more
0 votes Share Flag Tue Nov 2, 2010 Market Conditions in Chicago
Hillary Deck, Real Estate Pro in Chicago, IL
Hillary Deck answered:
Do you think that the current foreclosure stoppage will affect short sales?
Anything is possible. You just need to be sure that you are working with an agent and attorney who are experts on short sales. Feel free to give me a call anytime with questions about ... more
0 votes Share Flag Wed Oct 20, 2010 Market Conditions in 60613
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