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News, tips and tricks about the Chicago Area and National Real Estate Market, brought to you by The Helen Oliveri Team of Keller Williams Realty.

ARCHIVED BLOG POSTS

2009 

The vast majority of foreclosure auction investors pick up one to a handful of units a year at most, then either rent them out or fix them up for eventual resale. Typically they also troll for distress situations, pre-foreclosures and "ugly" houses. But John Helmick, CEO of fast-growing Gorilla C...
05/29/2009
A certain inconvenient truth about the trend toward green building -- that it will neither fade like a bad dream nor match the utopian visions of its most ardent advocates -- is good news for both the state of New Jersey and the United States, according to veteran environmental attorney James A. ...
05/28/2009
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Congress is pumping out reform legislation, with support from both sides of the aisle, that's aimed at correcting some of the problems that contributed to the financial crisis. Last week alone President Obama signed two major bills into law. The first is intended to combat widespread mortgage fra...
05/27/2009
Loan modifications and principal reductions are big news for homeowners, but what about real estate investors who own apartment buildings, strip shopping centers, and small office buildings? Are loan "mods" possible for them? Absolutely, says Jonathan Hornik, executive vice president and general ...
05/26/2009
Being a salesperson is one of the greatest professions on earth. As real estate salespeople, we are helping people achieve the great "American Dream". We get into trouble when we don't understand the process of the sale. Most real estate salespeople have never studied sales. They have learned a f...
05/22/2009
A home is not an island. The surrounding neighborhood is just as important because it can have a big impact on your lifestyle -- safety, available amenities, and convenience all play their part, according to the National Association of Realtors (NAR). NAR also says you can keep your home value bu...
05/21/2009
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The National Association of Realtors is reporting that the national media existing single-family home price was $169,000 in the first quarter 2009 -- down 13.8 percent from the first quarter of 2008. Dr. Lawrence Yun, chief economist for the NAR, said some areas showed dramatic drops in home pric...
05/20/2009
Golf great Greg Norman was keynote speaker at the unveiling of 52 private villas that will act as the cornerstone of a $1 billion development in the island country of Dominican Republic in April. Known as “The Great White Shark,” Norman greeted an international press corps to show off his latest ...
05/19/2009
Home builders and Realtors cheered in Washington last week when HUD Secretary Shaun Donovan announced that FHA will allow lenders and government agencies to “monetize” the $8,000 federal homebuyer tax credit, providing purchasers with downpayment cash upfront, available at closing, rather than wa...
05/18/2009
When the sunshine starts to warm the air (and melt the snow, depending on where you live), many of us homeowners start to think about making some outdoor improvements. That can be a very good decision especially if selling is in the near future. According to Angie's List, a Web site where thousan...
05/15/2009
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News, tips and tricks about the Chicago Area and National Real Estate Market, brought to you by The Helen Oliveri Team of Keller Williams Realty Partners.