Recently a couple of my clients made an offer on a foreclosed home in Arlington Heights. The lender who owns the home required that buyers be prequalified by them. The buyers called one of their loan representatives and shared their income, credit and assets information. My buyers were extremely well qualified and the loan representative […]
Naperville Gets High Marks From Its Residents
2 Bedroom Condo Prices Up in the Loop, NNS, NWS & NSS, But Sales Down
Today I started searching for a 2 bedroom condo in the Loop, Near North Side, Near West Side and Near South Side for a couple who will be relocating here from Colorado. Median sale prices for 2 bedroom condos in 3 of the 4 areas are up for the past 3 months compared to a […]
Number of New Homes for Sale by Month
Recently a reader, Michael Erdman, wrote me asking how many homes are added to the Chicagoland MLS every month. Using Agent Metrics, a tool for charting and reporting MLS data, I created the chart below showing the number of new listings for houses and condos each month during the past 2 years. I apologize for […]
Renters, Find Out If Your Building is in Foreclosure
A new service on BairdWarner.com lets renters find out if the building they are renting in is in foreclosure. Renters in a building that is foreclosed could be evicted. To use the service: 1. Go to BairdWarner.com 2. Click on Property Search 3. In the Rentals Section, click the link to check if your building […]
