Commercial Real Estate Happenings

Foreclosed and Bank owned more and more...Lake Zurich Homes we see these continue to surface despite what some press reports as an improving housing environment. I met a couple over the weekend that has been driving around viewing homes from the street, walking around the exterior, trying to find...

First time buyers in Lake Zurich and all over Chicagoland will feel the pinch...   What is your opinion view the video below and lets hear, does it make sense to put another $50,000 into those who are unemployed to make house payements, yet, the small business owners who could be hiring are strug...

What is really happening...our President says today that foreclosures are better now than they were...I just caught the beginning of his televised speech at the Education Forum early this am, and he, President Obama, actually said when he came into office, I am paraphrasing here, that many Americ...

Short Sales are they worth the wait? Wow more than ever buyers are latching onto the thought of "I am going to get a great deal and go after nothing but short sales!" In fact, just had one buyer say they were willing to submit an offer, wait the 4-6 months it usually takes, 4 mos being considered...

Lake Zurich Sales For June appear to be on the low side. Like many areas we saw an increase in April and May, yet now appears to be falling back to the pre-tax credit pace of about 10% of the property selling, with about 30% of those being sometype of distressed sale. With overall area being some...

Lake Zurich Village Meetings and website is a great place to check out the area if you are considering moving into town. Here you can see actual clips of various sections of the meetings without having to spend hours viewing the entire session. For instance this past meeting there was discussion ...

Lake Zurich Sales Up Year to date...so far we are up 30% over the same time last year in single family closed homes in Lake Zurich proper. Now that the tax credits are gone will see how we fair over the summer months, so far lots of renters out looking and still buyers who want to take advantage ...

Distressed Lake Zurich Homeowners Bank Goes Under was reported Friday that Midwest Bank and the Lake Zurich Branch was closed by the FDIC. So I get a phone call from a client who is considering a short sale and now they ask what happens, the bank folded. After listening to the details, they wonde...

Lake Zurich New Senior Housing - 94 Apartments New Construction was discussed at length and while it originally was on the table back in 2005, due to the various market conditions, was shelved. It is back on the table and the meeting segment can be viewed at the Village website, www.volz.org alon...

Having now lived in Lake Zurich Illinios for nearly 20 years and having seen the growth in the area, both positive and not so positive (negative growth), I was amazed when recently speaking with a friend they were not aware of the the positive developements regarding the Village of Lake Zurich Do...