Interesting elevators for your car when you come to the Bucktown and Wicker Park Area...
http://neighborhoods.redeyechicago.com/bucktown-wicker-park/bizspot/2011/02/23/robots-set-to-help-park-your-car/
Friday, February 25, 2011
Wednesday, February 23, 2011
Tuesday, February 22, 2011
Homeownership and occupancy
This is one of several articles coming out today on Chicago home ownership.
Please note that this new low is 67.2%
In the second quarter of 2002, the rate was 66.7%....
From 1996 to 2010, the average local quarterly rate was 67.8%... The highest ever was 71.2% during third-quarter 2006.
Homeownership hits new 8-year low as residents seek refuge in renting Residential News Crain's Chicago Business
Please note that this new low is 67.2%
In the second quarter of 2002, the rate was 66.7%....
From 1996 to 2010, the average local quarterly rate was 67.8%... The highest ever was 71.2% during third-quarter 2006.
Homeownership hits new 8-year low as residents seek refuge in renting Residential News Crain's Chicago Business
Friday, February 18, 2011
First Impressions Matter
Spaces February 14, 2011
First impressions matter
It is widely accepted that a lasting first impression is made in 30 seconds or less, perhaps as little at 7 seconds. Whether you are meeting the date of your dreams, or searching for the home of your dreams the initial presentation counts!
Over 80% of home/condo buyers start their search online at national sites, or local ones. In either case the buyer is creating their first impression from the photos and descriptions available. The exterior “curb appeal” must present a welcoming face to the buyer – shining windows, great doorway, nice building, landscaping and decorating that shows it off well.
Decorating or staging your home is critical to position your home as better than the competition at that price. This can be as simple as rearranging furniture, subtracting items and adding current fashion touches, or hiring a professional to refurnish and redecorate rooms or the entire home.
A few of the easy and inexpensive tips are:
· Clean and shine everything. Add lamps that bounce light off the ceilings. Use light curtains open to the clean windows.
· Put away personal items while removing clutter and out of season items from the closets and rooms.
· Paint and make minor repairs.
· Use colorful accessories such as pillows, vases, and rugs. Keep the background more neutral so the buyer can see the space and how they will occupy it.
· Arrange furniture for easy traffic flow and obvious uses. Avoid blocking doorways and using rugs that trip.
· Keep kitchen counters clean and clear of all items, including the front of the refrigerator.
· Get new matching towels, bathmat and shower curtain. Put away your personal items. Shine and clean every bathroom surface.
· Display fresh flowers that complement your color scheme.
· Treat your outdoor space as a room in the home with its’ own décor.
· Make the home inviting to buyers and give them enough space to see themselves living there.
Bucktown/Wicker Park closings this past week***: One detached single family home at 1439 N Elk Grove, 4 bedroom 4 ½ bath stunning contemporary for $1,475,000. One attached single family 1919 W Crystal Unit 203, 2 bedroom 2 bath contemporary duplex $447,000.
*** Information sourced from MREDLLC; 2/13/11. Attached Property and Detached Property residential Bucktown (Ashland, Western, Fullerton, North) and WickerPark (Ashland, Western, North, Division)
Have a topic you’d like to see explored or a real estate question send it in.
If you’d like more information on properties currently on the market or selling your home just drop me a note at EvaB@atproperties.com
Monday, February 14, 2011
Downtown condo sales hit new low in 2010 | Trend Of The Week | Crain's Chicago Business
Selling 498 units of the 3000 in the market is a tough loss ... and most of these units are in just 30 buildings downtown. New lower pricing has helped buyers and sellers come to agreements, but there is a long tail to this absorbtion.
Downtown condo sales hit new low in 2010 Trend Of The Week Crain's Chicago Business
Downtown condo sales hit new low in 2010 Trend Of The Week Crain's Chicago Business
Thursday, February 10, 2011
More than half state's 2010 homebuyers were first-timers | Residential News | Crain's Chicago Business
Here's a piece from Crain's Chciago Business.
First time buyers in Illinois were more than 50% of the buyers this year - mostly from the federal credit in the early part of the year. This also accounts for the significantly lower numbers of purchases in the later part of the year. ... a slow down of business... a lack of federal stimulus to maintain the interest in buying.....
More than half state's 2010 homebuyers were first-timers Residential News Crain's Chicago Business
First time buyers in Illinois were more than 50% of the buyers this year - mostly from the federal credit in the early part of the year. This also accounts for the significantly lower numbers of purchases in the later part of the year. ... a slow down of business... a lack of federal stimulus to maintain the interest in buying.....
More than half state's 2010 homebuyers were first-timers Residential News Crain's Chicago Business
Wednesday, February 9, 2011
Monday, February 7, 2011
Location, location, location
Spaces February 7
The Blizzard of 2011 reminded us of a few things that matter -
Location. Anyone living close to a major street had a better chance of getting out that those living deeper in a Chicago neighborhood.
Access to public transportation. The Blue Line Blessing (and curse) falls on Bucktown and Wicker Park and surrounding neighborhoods.
Local businesses. Thanks to Chambers of Commerce and to all the small shops that provided neighbors with the missing essentials. Food, coffee, meals, banks
Good neighbors. Working together got sidewalks cleared, streets and alleys passable and many stuck cars moving again.
The saying in Real Estate is “Location, Location, Location” Those of us living in Bucktown and Wicker Park understand it! If you want to check out how other great neighborhoods stacks up, or your own address, go to WalkScore.com
Two detached single family homes closing this past week: (Average market time 485 days) 1870 N Wilmot 3 bedroom, 3 bath townhouse $555,000 and 1811 N Honore 4 bedroom 3 ½ bath house $1,460,000
Two attached homes closing this past week (Average Market Time 255 days)
1720 N Marshfield #110 2 bedroom 1 ½ bath loft condo with parking spot $325,000 and 2007 W Churchill #201 3 bedroom 2 bath condo, with garage $419,000
Have a topic you’d like to see explored a real estate question send it in.
If you’d like more information on properties currently on the market or selling your home just drop me a note at EvaB@atproperties.com
*** Information sourced from MREDLLC; 2/6/11. Attached Property and Detached Property residential Bucktown (Ashland, Western, Fullerton, North) and WickerPark (Ashland, Western, North, Division)
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