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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 

In a move to ward off foreclosure, a luxury condo developer has turned the units intended to sell for more than a quarter million dollars into a homeless shelter with the help of a New York-based nonprofit. The Brooklyn units come complete with granite counter, terraces, marble bathrooms and walk...
06/30/2009
Fannie Mae's and Freddie Mac's controversial new appraisal rules are now coming direct attack by the biggest lobby on Capitol Hill - the National Association of Realtors. Though the association is saying nothing publicly, officials have confirmed to Realty Times that they are gearing up for a fig...
06/29/2009
Leaking toilets result in six billion gallons of water loss every day according to Richard Quintana, founder of AquaOne Technologies. That astonishing figure is a real problem with financial and physical effects. Here’s how the water gets washed away. Quintana says there are more than one billion...
06/26/2009
Now, mortgage modifications can include second mortgages -- not just first mortgages -- and cash incentives are sweetening short sale deals, thanks to new efforts by the Obama Administration.The new efforts give some homeowners a second shot at a home-saving loan modification, especially if they ...
06/25/2009
It might sound a little surprising, but in investment real estate, residential lots are hot, especially in markets that saw the highest peaks and the worst busts during the past three years.On Florida's west coast, Gary Tasman of Cushman & Wakefield affiliate Commercial Property Southwest of Flor...
06/24/2009
The most bearish of Wall Street economic analysts have made the same point for the past 18 months. There's no recovery or rebound in the housing market, they said, until home builders start building again. "Show us positive numbers on new home starts for a few months," they say, "and then we will...
06/23/2009
There's no question about what had Washington buzzing the most last week - and that buzz is likely to continue for months. It was the unveiling of President Obama's far-reaching plans to reform the U.S. financial regulatory system - including important changes affecting home mortgages and real es...
06/22/2009
It’s not always what buyers can see in a home that causes them to want to buy it or not. Sometimes it’s the way the home feels. I’m not talking about staging, the size, or how spacious the home is, although those factors are important too. In this column I’m focusing on how buyers’ allergies may ...
06/19/2009
[Note: To follow is an excerpt of an interview with Michael A. Anderson, CES, Certified Exchange Specialist. Michael is president of Exchange Services, LLC, an affiliate of Zions Bank that serves the QI needs of the affiliate banks and national customer base. To listen to the show archive or down...
06/18/2009
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I think I could base an entire blog on what I read in the Chicago Tribune each day. Why I even read the Tribune is a quandary to me, given that the paper reads more like the Huffington Post these days. From time to time I enjoy real estate writer Mary Umberger, although I think she's a little pes...
06/17/2009
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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.