ARCHIVED BLOG POSTS
2009
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I read an article in the Chicago Tribune business section “Housing Market hits ’some kind of bottom’”. In the article it sited a recent study by The Standard & Poor’s/Case Shilling Index of home prices in 20 metropolitan areas. According to this study, home prices have showed a 1% increase in s...
10/28/2009
Is there a correlation between the number of Foreclosures and Unemployment. Can we assume that those States with more unemployment will have more Foreclosures? Below are the ranks for the Top 10 Foreclosure States according to Realty Trac. Illinois is listed as 10th by Realty Trac but other poles...
10/27/2009
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I want to thank Betty Cunningham of Re-Max for contributing two blog articles for my website. I recently received an email from Betty and she was enthusiastic about networking with other realtors and learning more about how to become a Short Sale and REO specialist. After talking with her and tel...
10/26/2009
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Happy Halloween... Happy Halloween... Happy Halloween... Happy Halloween
10/24/2009
Have you paid your Cook County Real Estate Taxes? No! Because Residents of Cook County have not received the second installment of their Real Estate Taxes for the 2008 Tax Year. Taxes in Cook County are paid in arrears. That means taxes paid in 2009 are for the 2008 tax year. ...
10/22/2009
Here are my top 2 Reasons Why a Short Sale Never Closes and How to Prevent It. Number 1 Reason: ” Seller Ambivalence” Most people want to keep their homes. This is true of most sellers in a Short Sale. During some stage in the selling process you will be confronted with what I call ” Seller Amb...
10/16/2009
The following article is being shared from NY Daily News:More than half of mortgage holders who get help fall behind again, just as lenders are ramping up efforts to avoid more home foreclosures, according to a new report by bank regulators.More than 50% of homeowners with loans modified in the f...
10/01/2009
Pending Home Sales are at the Highest Level Since March 2007. Short Sales and Complex Appraisals are causing delays in home sales. County # of Pending Sales # of Pending Short Sales % of Total Pending Sales # of Short Sales Pending 100 + Days % of Short Sales Pending 100+ Days Cook 5689 1058 19% ...
10/01/2009
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