Emerging Real Estate Markets
Boarded up brownstones in Cicero I never thought I’d see the city of my birth blow out Miami and Phoenix when it comes to having the most foreclosures in the nation right now, but Chicago takes the cake. Almost 119,000 homes in foreclosure. The problem: those stubborn banks are not letting go. This, of course,…
Can you remodel a ranch and make it a liveable, sellable home? So there is this house on Northaven. I called the builder a few weeks ago and he told me he buys homes like this 1950’s ranch and rather than tear down the whole house, he preserves as much as he can and remodels…
Texas Realtors are getting more optimistic. According to one of my favorite sources, HomeGain, three quarters of Texas real estate professionals and homeowners expect home prices (in Texas) to rise or stay the same in the coming six months. That’s pretty good news and the most positive they’ve been in awhile. HomeGain’s second quarter 2011 nationwide…