It was bound to start and we predicted that it would happen well over a year ago. New Home builders in Chicago that would start offering great incentives for potential buyers to purchase their homes. Through years of experience working with new home sales there are several things we have learned and some of these are: New Home Builders Are in the business to sell Homes New home builders typically do not sit around on standing inventory and price their homes to see what will happen. They price... Read Full Post
I'm watching Bill O'Reilly on Fox and the headline comes flashing across the bottom of the screen - Barry Bonds breaks Home run record with #756! I don't even flick the channel over to ESPN or even bother to jump on line to check out the details. In fact, I don't even know where he hit it and I'm not even interested for something that was such a monumental achievement. Automatically the assumption readers will have with my above statement is that I am not a baseball fan or I don't like Barry ... Read Full Post
In my blog concerning "The Next Great Real Estate Investment" posted on May 5th I highlight the benefit of investing in cheap farm land surrounding Chicago with some highlights of how much land has gone up in Iowa in the past year. I would love to say I have some power followers for my real estate advice and take credit with what Crains Business Chicago featured in their article concerning Bill Gates buying up Illinois Farmland as highlighted on July 3rd, Hitting Pay Dirt but I can't. That's ... Read Full Post
It's not too hard to pick up something from the media and hear doomsday news about the real estate industry. Generally, the media picks up a story from a heavily speculated real estate market such as Arizona, Florida or Las Vegas real estate and pinpoints a story of a homeowner that paid too much money for their real estate in 2005. Now the prices have gone down resulting in the homeowner losing valuable equity and their great investment in real estate not being such a great investment for th... Read Full Post
How nice it is to have a full blown home search on our Las Vegas real estate website with everything that a potential home buyer needs to help narrow down all of the selections! It makes our job so much easier and it's also less confusing for the buyers.... if used properly. The latest couple we took out to search for Las Vegas real estate for sale actually used it to it's full potential. The beautiful benefit of this is that before we even went out to view the homes in Summerlin and Red Rock... Read Full Post
Lake in the Hills is located aprox. 45 miles Northwest of Chicago that has seen tremendous growth in the past 10 years. Once a sleepy farm town, it's now a booming Chicago Suburb with new construction everywhere. There are often times when a suburb grows so quick and so fast that the overall planning ends up being haphazard... or what I've often referred to as a mishmosh of zoning dictated by developers who are in and out and really don't care about future resale values. For us, it's easy to ... Read Full Post
There is actually a really good blog post that was posted by Ryan Ward, a REALTOR in Atlanta Georgia titled "NAR to Blame for Third Party Real Estate Listing Websites" and has probably had the most attention I've ever seen on a Real Estate Webmasters blog. One such comment, posted by Jennifer Mackay, a REALTOR in Panama City Florida really brought new light to the subject. Jennifer makes a great analysis --- "I feel the fault lies mostly with agents who have not and do not take an interest in... Read Full Post
I'm going to assume that it's the multi-million dollar advertising budgets of certain third party websites that have created a completely new advertising business that is real estate related. It's the push (in my opinion) for real estate consumers to search for homes online before searching for a real estate agent. Like any special interest, advertise it enough and it becomes something that becomes a normal practice. Savvy third party real estate advertising sites know this and obviously are ... Read Full Post
As we hit record gas prices... again...for another excuse (they never seem to end), the use of Hybrid technology has been one of our investment interests since 2002. Let's face it, unless something is done the American Consumer is just going to go through this year in and year out with each year prices going higher and higher due to one excuse or another. Like any commodity, high demand with a dwindling supply equals higher prices. Economics 101. On Wednesday, The Senate Energy and Natural Re... Read Full Post
We had our eyes on a stunning $1,425,000 Barrington Hills home for a client ... here one day.. gone the next. There seems to have all of a sudden been a surge for homes in Barrington Hills as evidenced by our April of 2007 Barrington Hills Market Report. According to the Multiple Listing Service of Northern Illinois (MLSNI), 4 homes in Barrington Hills closed escrow in April of 2006 for an average price of $805,625. In April of 2007, 5 homes closed escrow at an average price of $674,600... ob... Read Full Post
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