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Articles from Chicago Real Estate Blog

Horse Takes On Agent! 2006-11-19 09:27:00 Erika McKinney had to go to the hospital hospital after a horse bit her and knocked her into a tree during showing last Friday! "We were just kind of standing there and the horse just kind of pulled its head back and reared her in the chest," said Diana Ritter, McKinney's client. "We were both worried that it would come over that fence. I love horses, but that one, I don't know about. It had some sort of problem." -Source Chicago Sun Times ...

No Money Down House Of Cards! 2006-11-18 11:55:00 You have to appreciate this one. Now I generally prefer writing original material and injecting my own twist on a subject but the west coast 'investor' quoted below takes the proverbial cake in the national real estate weblog arena."I don’t get it. I have several accounts with 90 day lates and one with 120 day late on it. Why are my credit scores so high?? " asks he. Those words pour from the mouth of the most interesting (and least self-effacing) blog writer I've read of late. This 24 year old dude (I'm just supposing from the picture and nature of his quagmire) from Cali' attended a few real estate seminars, subsequently bought eight houses in four states with no money down and is now, even more subsequently, in multiple stages of foreclosure on the ones he can't unload--which is most all of them. Anyway, for those of you who wish to check out this real time trainwreck, I've linked his blog in my sidebar under Cool Blogs & Sites at my Chicago's Home Weblog. And speaki ...

Multiple Listing Service of Northern Illinois & MAP MLS 2006-11-16 08:41:00 According to a story published on the Tribune website on Wednesday evening, the Multiple Listing Service of Northern Illinois (MLSNI) consolidate the Multiple Listing Service with MAP MLS, a rival. Seems to me that there are a lot of egos that are getting hurt as well as games being played, quorum issues huh... Give me a break. Reminds me of the games that we're played at the Fraternity meetings back in the day. ... Amp

Haloscan commenting and trackback have been added ... 2006-11-14 14:57:00 Haloscan commenting and trackback have been added to this blog. ...

10 Riskiest & Safest Housing Markets, Fall 2006 2006-11-13 10:16:00 The PMI Group is out with it’s quarterly report on the risks in the mortgage world: 10 Riskiest Housing Markets, Fall 2006 San Diego-Carlsbad-San Marcos, Calif., 60.3 percent Sacramento-Arden-Arcade-Roseville, Calif., 60.1 percent Oakland-Fremont-Hayward, Calif., 60 percent Santa Ana-Anaheim-Irvine, Calif., 59.9 percent Nassau-Suffolk, N.Y., 59.8 percent Riverside-San Bernardino-Ontario, Calif., 59.6 percent Boston-Quincy, Mass., 59.6 percent Providence-New Bedford-Fall River, R.I.-Mass., 59 percent Los Angeles-Long Beach-Glendale, Calif., 59 percent San Jose-Sunnyvale-Santa Clara, Calif., 58.9 percent The percentage is the probability determined by the PMI Institute that housing prices in that market sector will go down 10 percent or more in the next two years. So San Diego has a 60.3 percent chance of declines of 10 percent or greater according to the PMI Group. 10 Safest Housing Markets, Fall 2006 Pittsburgh, 6.1 percent Indianapolis-Carmel, Ind., 6.3 percent M ... Amp

Permit Parking For Chicago Real Estate Agents? 2006-11-10 14:26:00 I heard through the grapevine that Chicago real estate agents may have the opportunity to purchase a parking permit that will allow parking in residents-only parking areas. That real estate agents would be allowed to park in the restricted areas after buying $300 permits. Apparently it's a controversial topic. ...