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Chicago real estate market sees fluctuating growth in 2017

Chicago real estate market sees fluctuating growth in 2017. With the continuing deficiency of inventory driving the accumulation of demand in the residential market, multi-family luxury developments continue to attract buyers to Chicago’s core neighbourhoods. 2016 was a year of uncertainty in many economic and political aspects influencing real estate market reactions throughout the United [...]

By | October 19th, 2017|Borrower News, Investor News, Real Estate News|0 Comments

5 Mistakes That Make House Flipping a Flop

House flipping has become the day trading of the first decades of the 2000s. But in the rush to make a profit, far too many would-be real estate moguls overlook the basics and end up failing. In this article, we'll look at the five biggest mistakes investors make in this market and how to avoid [...]

By | August 17th, 2017|Hard Money, Real Estate News|0 Comments

How to Get Started In Rehab Real Estate

You want to rehab houses, but where do you start? We see the fix-and-flip “reality” shows that, somehow, manage to have no basis in reality. How hard can it be to buy a house, rehab it, sell it, and retire to a life of luxury on the French Riviera? On TV, it all happens in [...]

By | August 10th, 2017|Real Estate News, Rehab|0 Comments

Should You Invest In Chicago Real Estate?

If you're planning to buy a rehab home, take your time; prices will go higher but slowly. Investments in single-family rental properties have good potential in the next few years, as do investments in housing developments, especially apartments . Mortgages written now have low risk because home prices will go higher, but the risk of [...]

House Flipping is Up 18% Over Last Year

House Flipping is Up 18% Over Last Year RealtyTrac® released its Q3 2015 U.S. House Flipping Report, showing that 43,197 single family homes and condos were flipped and resold for the second time within a 12-month period. While third quarter house flips were down from second quarter of 2015, they were up 18% over last year’s Q3, [...]

By | January 15th, 2016|Real Estate News|0 Comments

Shortage of Building Lots

Shortage of Building Lots by Kimberly Hoffman Are all of the good lots already taken?  Builders are increasingly vocalizing concern over the limited amount of developed building lots available, which is greatly hindering their ability to ramp up construction. Builders say restrictive regulations, a shortage of financing for lot development, and buyers’ growing preference to [...]

By | December 24th, 2015|Real Estate News|0 Comments

2016 Looks Even Better for Real Estate Opportunities

2016 Looks Even Better for Real Estate Opportunities By Kimberly Hoffman With economic growth chugging along, employment will continue to increase, meaning that people will have more money coming in and they’ll be able to buy their first home or upgrade to a new one. Here’s a closer look at the trends that will have [...]

By | December 21st, 2015|Real Estate News|0 Comments

Top 10 Real Estate Markets to Watch in 2016

Top 10 Real Estate Markets to Watch in 2016 Where are the next red-hot places for real estate? we don’t actually have a crystal ball here, but we do have our chief economist, Jonathan Smoke. As part of the 2016 Housing Forecast released on Wednesday, he homed in on the top 10 up-and-coming metropolitan [...]

By | December 3rd, 2015|Real Estate News|0 Comments

Property Inspections

Property Inspections Property inspections are not required by mortgage lenders and it is up to the home buyer whether or not to do a home inspection on a home they are purchasing. Property inspections normally cost around $300 to $500, depending on the county and state. Home buyers can check prices on property inspections. Since [...]

By | November 11th, 2015|Real Estate News|0 Comments