Archive for the 'Real Estate News' Category



Home building ticked up unexpectedly in March

Housing starts rose to an annual pace of 1.52 million in March, the Census Bureau reported, from a revised 1.51 million rate in February. Economists surveyed by Briefing.com had forecast the pace of building would slow to a 1.5 million rate in March.
But most of the country saw a decline from February’s pace of housing […]

@properties co-founder on Msn.com

Here is something to be proud of: Thad Wong, our @properties co-founder, has an interesting article on MSN.com.
Four things to look at
The phrase “up-and-coming” can sometimes be code for a dangerous area, so it’s important to make sure you’re comfortable with the neighborhood and the potential risk it may pose to you as an […]

howrealtorshelp.ca answers the consumer questions

This is a great website, howrealtorshelp.ca it is a very smart design, they use Flash and video technology that helps consumers answer some of the questions they might have when facing one of the biggest financial transactions in their lives. The site is comprehensive, easy to navigate and very personal, almost feels customized for each […]

Leo Software Launches Leo Goes to College

This Program offers leading commercial real estate software and other resources to college and university programs across the nation, free of charge.
Leo Software, a provider of business intelligence systems for commercial real estate, today […]

Are traditional Realtors being undercut? There’s always room at the top

From http://www.bloodhoundrealty.com
Let’s see… Our customers are leaving us in a steady march. They’ve found an alternative that is easier to use, more convenient, overall just a better fit to their lives — and to top it all off, it’s much cheaper than our product.
What should we do?
Here’s an idea. Our customers are telling us in […]

Memo to Shrewd Condo Investors: Buy in Chicago

Thad Wong, one of the @properties brokerage founders, has pointed out this article to us today. The article was posted on www.thestreet.com by Peter Slatin.
“Any report on the condo development market routinely lists cities such as Miami and Las Vegas as the touchstones of a market gone mad. It’s just as easy to point to […]

Most affordable housing markets

As mortgage rates edged downward during the fourth quarter of 2006 and some real estate markets took price hits, affordability improved - albeit only marginally, according to a report released Thursday.
Some 41.6 percent of homes sold during the fourth quarter were affordable to Americans earning the median family income of $59,600, according to the Home […]

Ocean real estate: The next boom?

I just read this article on Money CNN, very very interesting approach. It’s a little long but worth reading it.
(Business 2.0 Magazine) — We’ve been promised many things in the world of Tomorrowland: jet packs, flying cars, picnics on the moon.
We remember those pledges, ruefully. But with all of our attention on the skies above, […]

Google Implements Local Search Results

Google introduces a new service: “Find and compare local businesses”. Local businesses and reviews are now getting prominent billing in Google’s search results.
Here is a search for “realtor chicago illinois”

Quoting google: “From now on, you’ll see this every time you search for a place, business, or other local information. In addition to providing the basic […]

OwnChicagoHome Job Board

After weeks of brainstorming sessions on how to improve my blog, I’ve decided that I needed to add something interesting, something that will appeal to my readers and will make them come back and enjoy the information. So, therefore, I’m excited to announce the launching of a new service for followers of OwnChicagoHome.com and for […]

Condo prices reveal housing trends

Comparing condo prices may be the best way to gauge the direction of housing prices.
NEW YORK (CNNMoney.com) — In trying to get a read on how much real estate markets are slumping, some people may be looking at the wrong indicator.
The National Association of Realtors (NAR) tracks sales of both single-family homes and condos.
In the […]

Preparing your home for big freezes

NEW YORK (CNNMoney.com) — From frozen oranges in California to deadly winter storms across the country, extreme weather has taken a very expensive toll. We tell you how to protect your most important assets from the wrath of Mother Nature.
1: Know what’s covered
Winter can be brutal on your home. Your homeowner’s insurance covers burst pipes […]