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The Subprime Mortgage Crisis

4 years ago (March 15th, 2008) by Ken Smith 0 Comments 1,538 Views
Ken Smith

To not take up huges amounts of server resources I am linking to the original post for this. Here are the basics of the Subprime Mortgage Crisis. It's funny, but at the same time very accurate. Read Full Post

Schaumburg, IL 2007 Real Estate Market Recap

4 years ago (January 10th, 2008) by Ken Smith 0 Comments 989 Views
Ken Smith

We all know that 2007 wasn't a very good year for real estate in Schaumburg. There was a sharp drop in purchasing activity that caused a huge increase in inventory, what most people don't understand is this all started in 2006. The chart below shows that the inventory curve started increasing at the start of 2006 and continued most of 2007. At the end of 2007 we start seeing a nice reduction in inventory that could be signs of the market picking up. The next chart will show that home prices h... Read Full Post

Map Search for Condos

4 years ago (December 10th, 2007) by Ken Smith 2 Comments 935 Views
Ken Smith

The Suburban House Hunters Team has been working on ways to make our site easier for our clients to use. One thing that many clients have in common is that they don't know exactly where every condo complex is, or they know where one is they like but not the name. To help make your condo search easier we have added a map search feature. This search is in "beta mode" currently, meaning we don't have all complexes listed. It also means that we are working out a few bugs, but the information list... Read Full Post

Roselle Conversion Update

5 years ago (June 5th, 2007) by Ken Smith 0 Comments 1,097 Views
Ken Smith

With our doors open for less than 3 months the conversion at Spring Hill in Roselle Illinois is going great. Even with a couple of slow weeks for traffic we already have over 100 contracts on our 264 unit conversion. The prime buying season is just starting and increased traffic is starting to be seen. There is a chance to finish this conversion in under 12 months if the projected sales over this summer happen. While this may not seem like a big deal to some consider a few facts. We are creat... Read Full Post

New Condo Conversion

5 years ago (March 2nd, 2007) by Ken Smith 2 Comments 1,567 Views
Ken Smith

Wanted to share a little bit of information about my new condo conversion in Roselle, IL. Spring Hill Apartments is currently being converted into condos. The size of the units range from studios up to two bedroom/two bath condos and the prices start at $99,900. These condos are located in walking distance of the Roselle train station. Our grand opening will be March 17th, 2007. If you would like information before our grand opening and best pricing please call (630)529-7780 and ask for Ken. ... Read Full Post

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