Real estate blog entries tagged with overpriced listing by Geno Petro (ChicagoHomeEstates.com)

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Home : Blogs : Geno Petro : Geno Petro's Chicago Real Estate Blog : Tag "overpriced listing"

overpriced listing: The $800,000 House - 11/20/06 07:10 PM

Over the past year or so I discovered an interesting Real Estate wrinkle I call "The $800,000 House Phenomenon." I didn't recognize it at first because I think it used to be called "The $600,000 House Phenomenon" but as the housing market changed, so did the phenomenon. And although I personally find it unique to the Northeast Side and North Shores of Chicago, its probably present in every market in any city at some pricepoint or another. It lays out something like this:A client, or more accurately a young couple, decides to buy their first big single family home. If they … (41 comments)

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Geno Petro

Chicago, IL

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