Breaking: 1 in 5 Chicago area homeowners behind on payments; Opportunities and Precautions abound! An open letter from Nick Libert to consumers... - 09/30/10 12:58 PM
In the eight-county Chicago area, 19 percent of mortgages - representing nearly 1 in 5 residential properties with a loan - are delinquent by at least one month, helping create an inventory of almost 204,000 homes at risk of reverting back to lenders, according to data provided to the Chicago Tribune by John Burns Real Estate Consulting in Irvine, Calif. That "shadow inventory," as experts define distressed homes not yet put up for sale, is the largest in absolute terms for any metropolitan area in the country.
In my real estate practice, this presents us with many problems and opportunities at … (1 comments)

NEW RENTAL LISTING! Special 2 bed, 2 bath loft in University Commons only $1650 a month! 1111 W 14th Pl Chicago IL 60608 - 09/21/10 01:57 PM
(0 comments)

NEW LISTING! Short Sale Jefferson Park gorgeous bungalow a STEAL at only $199,900! 4705 N Laramie Chicago IL 60630 - 09/14/10 07:14 PM
(2 comments)

 

Find IL real estate agents and Chicago real estate on ActiveRain.