REAL ESTATE RESOURCES

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical Steps to Getting Rich”:

“While renting on a temporary basis isn’t terrible, you should most certainly own the roof over your head...

We’ve said it before and we’ll say it again: setting the right listing price (the first time!) is one of the keys to faster market times and higher selling prices.

The proof is in the numbers. In 2017, Chicagoland homes that required one or more price changes sold on average for 89.7% of original list price in 138 days, whereas homes that did not require a price change sold for 97.5% of original list price in just 58 days, according to BrokerMetrics, LLC.

So, if you’re getting ready to put your home on...

You know that feeling you get when something you’ve always known is backed up by numbers and facts? We firmly believe that Chicago is the absolute best place to live, but now we have the receipts to prove it. For the second time in a row, Chicago was ranked the best city for having it all through Time Out’s extensive City Life Index. We surveyed 15,000 people in 32 cities—from Austin to Hong Kong to Tel Aviv—and asked in-depth questions about sex, dining, neighborhoods, affordability, happiness and s...

The spring season is a peak season for real estate and despite the current sub-freezing temperatures, it is just around the corner.

When three @properties’ brokers were recently quoted in an article on GO Banking Rates about common real estate myths that you need to know, we decided to debunk a few of them ourselves.

Before the spring market begins in full force, here are 10 real estate myths that you need to know if you’re planning on buying or selling a home. 

Read More

A Chicago winter has the potential to whip up so many face-numbing days that it can push its residents to the edge of sanity.

She is a cruel mistress indeed, but fortunately there’s an app for pretty much everything these days to keep you from getting stir-crazy.

Before you buy that non-refundable one-way plane ticket to Fiji, try one of these home delivery service apps.

From massages and mechanics to a healthy dinner and late-night cookies, you can have almost anything you need delivered — without peel...

It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring as compared to the rest of the year? The National Association of Realtors (NAR) r...

Some Highlights

  • The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging.

  • 50% of staged homes saw a 1-10% increase in dollar value offers from buyers.

  • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.

  • The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room.

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.

The report also revealed:

  • The average homeowner gained approximately $14,900 in equity during the past year.

  • Compared to Q3 2016, negative equity decreased 22% from 3.2 million homes, or...

Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.

Homeownership is NOT just about the money. In fact, some of the major benefits are non-financial. Here are a few of those benefits as per the National Association of Realtors:

Con...

Please reload

Follow Me
  • Grey Facebook Icon
  • Grey LinkedIn Icon
Resource Archives
Please reload

Residential Real Estate Sales

jean@chicagolakecondos.com

312-315-6116

  • Grey Facebook Icon

Real Estate Broker

Top 1% of Chicago Agents
@Properties
Chicago Lakefront Properties 

©2018 Chicago Lakefront Properties. Website by My Marketing Tech.