Can Chicago’s Housing Market Recover from COVID-19?
The world-wide spread of COVID-19 has put everything at a standstill. Those who are lucky enough to not be sick are burdened with the unforeseeable future that lies ahead of them when it comes to where their next check is coming from. Bills, food, and rent are top priorities with no certain regulation as to […]
COVID-19: What Does That Mean for Real Estate?
It is safe to say that these are very trying times. It is of utmost importance to stay safe and healthy. With that in mind, what does that mean for the real estate? Are there best practices that buyers and sellers should take? This blog will breakdown some essential tips suggested for those needing guidance during precautionary ordeals. Open […]
Changes to the Famous Chicago Skyline?
When you think of Chicago, what are some of the first things that come to mind? Other than its delectable deep-dish pizza, the Chicago skyline is a close second! Thousands of high-rises scraping the sky at a fight for the top. Each building holding a beautiful story all their own. To be exact, Chicago is […]
Affordable Housing Projects in Chicago
For the past 30 years, The Resurrection Project has been a longstanding organization to help the overall relationship of community and what it means for ownership, assets, and the structure of wealth. Originating in Pilsen in the 1990’s, the founding members want to fix the ongoing negligence and violence that their beloved neighborhood was […]
Midwest Gentrification: Transformative Makeover or Superfluous Alteration?
Gentrification is a commonly used term when referring to present-day Chicago neighborhoods. What is gentrification? In simple terms, it is the process of renovation to a neighborhood to better appeal to a newer market. This can lead to many issues for those currently residing in the areas in which are being revamped due to the […]
What is an Appraisal?
If you are one who is thinking becoming a homeowner there is so much to consider when stepping into the real estate field and looking for a property. It is best to hire a broker who can guide you to helping you find your dream property. At the Chicago Real Estate Institute, we offer top […]
Chicago’s Top Two Real Estate Stories of 2019
2019 was a long, crazy, and informative year for the real estate field in Chicago. Throughout the years, there seems to be many changes and updates to all topics from taxation, construction, projects, neighborhoods, etc. Chicago is an ever-changing city that knows the sky is the limit. Though the real estate headliners are countless, there […]
Zoning Simplified
Most people do not really pay attention to zoning laws or ordinances until they are directly impacted by them or their changes. The main purpose of zoning laws is to promote livable, as well as economically viable, communities. Zoning ordinances are set by local governments to regulate proposed developments. Let’s review the importance of your […]
Full Time Versus Part Time Real Estate Agents
One of the most crucial steps a home buyer must make when starting their home search is selecting the right real estate agent to work with. Realtors are the professionals in the transaction, the client is seeking their counsel and advice as an expert in the industry. Are there varying degrees of expertise in the […]
Real Estate in Social Media
In a world that is becoming increasingly consumed by social media, it is essential to understand how real estate is effected by these changes, but more importantly, how you can use social media to your advantage. Time Spent on Social Media First off, consider how much time either yourself or people around you spend just […]