Disappointment Creates Opportunity

Roosevelt Collection, a 342 unit new construction condo building in Chicago’s South Loop is now going to be rental apartments according to this week’s Crain’s Chicago. Many new construction buildings sold as condominiums are ultimately ending up as rentals.

There is always a positive out of a negative.

The purchasers who entered into contracts on these units at the height of the market should look at this as opportunity. They now can take advantage of today’s prices and inventory. Currently on the market buyers can get new or almost new units and take advantage of historically low interest rates especially in neighborhoods like the South Loop and West Loop where the inventory is plentiful and full of brand new buildings with empty units.

To view Chicago's listings click here.

Open Houses Chicago: Saturday, May 2 and Sunday, May 3

This week's featured open house is 111 S. Racine at the Chelsea Townhomes in Chicago's West Loop. This 2 year old townhome built by the Belgravia Group, a company with over 60 years of experience. This spacious 3 bedroom, 3.1 bath extrawide home was thoughtfully upgraded and is tastefully decorated, ready for its new owners.
This property will be open Sunday, May 3 from noon -2pm and always can be shown by appointment.

Open houses provide a great way to to learn about the local real estate marketplace and meet your local Realtors. Pictures are never a substitute for actually seeing the space.


This Weekend's Open Houses:

Saturday and Sunday, May 2 and 3, 11am-4pm
Fletcher Row Townhomes: Model at 2452 W Fletcher, Chicago

Sunday, May 3,
Noon-2pm - Edgewater: 5555 Sheridan Road, Unit 316,

Noon-2pm - West Loop: 111 S Racine,

11am-1pm Lakeview: 3330 N Ashland, Unit 2,

Start your Chicago home search at http://hotpropertychicago.listingbook.com/.

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Chicago Open Houses Saturday and Sunday, April 25 and 26

Open houses are always a great way to to learn about the local real estate marketplace and meet your local Realtors. Pictures are never a substitute for actually seeing the space.

This Weekend's Open Houses:
Saturday and Sunday, April 25 and 26, 11am-4pm Fletcher Row Townhomes:

Model at 2452 W Flethcer, Chicago

Sunday, April 26:
Noon-2pm Edgewater: 5555 Sheridan Road, Unit 316, Chicago
1pm-3pm West Loop: 111 S Racine, Chicago
1:30pm-3:30pm Lakeview: 3330 N Ashland, Unit 2, Chicago

Start your Chicago home search at http://hotpropertychicago.listingbook.com/.

Follow me on on Twitter

Shop and Compare

In a time when so many factors that go into a home buyers decision regarding their purchase are favorable to the buyer as an investment such as pricing and interest rates , it still comes down to this will be your home.

• Does the space work for you?
• Do you like the location?
• Does this home work for your lifestyle?

Today, March 2, you can visit 3 very different properties in 3 locations all in the same price range.

1. 1pm-3pm - Chicago's West Loop: 111 S Racine
2. 12pm-2pm - West Lakeview: 3330 N Ashland, #2
3. 1pm-3pm - East Lakeview: 508 W Melrose, 5C