See the orginal expression of this post at TheRealEstateLoungeChicago.com
Cinco de Mayo
Makes me smile
It's it's the day when my baby Lucas
Walked with style...
And like a battle-weary boxer reeling at the end of the fight, he staggered and jostled toward multiples of steps in a row. Congratulations on another feather in your cap!
By the way, I noticed earlier in the day at Trulia, where consumers have the opportunity to ask questions of real estate professionals this inquiry.
Here's the thing - despite proclamations regarding the demise of the market, the market has not met its demise. I repeat, the market has not met its demise.
In the neighborhood alluded to by the questioner activity has not capriciously declined. In fact, depending on what you are looking, for it is among the steadiest of Chicago's residential neighborhoods. In fact, the neighborhoods where I transact with my buying and selling clients most often on Chicago's north and northwest sides the market is doing just fine. These areas include the Gold Coast, Old Town, Lincoln Park, Lakeview, Wrigleyville, Roscoe Village, Uptown, Andersonville, Edgewater, Lincoln Square, Bucktown, East Village, Wicker Park and North Center.
To substantiate my belief are the facts of the market. See for yourself by clicking here to see a comprehensive neighborhood-by-neighborhood report done by my brokerage, Chicago's @properties.
I think I understand where the Trulia questioner is coming from - over and over the drum beat of the sour real estate market is sounded in media outlets. But whereas the Tribune or Time Magazine are reporting of specific locations, what is going on in Miami or Vegas IS NOT what is going on in Chicago. I wouldn't say the Chicago market is robust. But I also think it's entirely incorrect to paint our market with the same paintbrush that is coating the canvas of tanked markets like Miami, Vegas or elsewhere.
If nothing else I hope the comprehensive report I have provided here serves to offset some of the misperceptions and misconceptions of the current market.
By the end of the process we, like Lucas, will find our feet steadily below us as we continue moving forward.
Here's the thing - despite proclamations regarding the demise of the market, the market has not met its demise. I repeat, the market has not met its demise.
In the neighborhood alluded to by the questioner activity has not capriciously declined. In fact, depending on what you are looking, for it is among the steadiest of Chicago's residential neighborhoods. In fact, the neighborhoods where I transact with my buying and selling clients most often on Chicago's north and northwest sides the market is doing just fine. These areas include the Gold Coast, Old Town, Lincoln Park, Lakeview, Wrigleyville, Roscoe Village, Uptown, Andersonville, Edgewater, Lincoln Square, Bucktown, East Village, Wicker Park and North Center.
To substantiate my belief are the facts of the market. See for yourself by clicking here to see a comprehensive neighborhood-by-neighborhood report done by my brokerage, Chicago's @properties.
I think I understand where the Trulia questioner is coming from - over and over the drum beat of the sour real estate market is sounded in media outlets. But whereas the Tribune or Time Magazine are reporting of specific locations, what is going on in Miami or Vegas IS NOT what is going on in Chicago. I wouldn't say the Chicago market is robust. But I also think it's entirely incorrect to paint our market with the same paintbrush that is coating the canvas of tanked markets like Miami, Vegas or elsewhere.
If nothing else I hope the comprehensive report I have provided here serves to offset some of the misperceptions and misconceptions of the current market.
By the end of the process we, like Lucas, will find our feet steadily below us as we continue moving forward.
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