Author Archives | Paul Gorney

About Paul Gorney

Paul Gorney has been selling real estate on Chicago?s north side for 18 years. He is the #1 salesperson in homes sold company-wide at Sudler Sotheby?s International Real Estate (2007). He has sold over 675 homes in his career and is one of the most experienced and productive agents in the Chicago area. He specializes in representing clients who are buying or selling townhomes, condos, single family homes, or multi-units. Paul was born and raised on the north side of Chicago and ran track and field on a full-scholarship in college. He has 5 children. You can contact Paul at paul.gorney@SothebysRealty.com or at www.TopRealEstateAgentChicago.com.

Downtown Chicago New Construction Sales Still Very Low Compared to Inventories

Written by: - August 18, 2009

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Downtown Chicago New Construction Sales Still Very Low Compared to Inventories

The number of new construction units sold in downtown Chicago has jumped from a paltry 55 in the first quarter of 2009 to 313 units in second quarter. While this may sound very encouraging, it is still a far cry from the numbers of the second quarter of 2008. Last year 484 new units sold […]

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$8,000 Tax Credit a Plus, But Not a Decision Driver

Written by: - July 27, 2009

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$8,000 Tax Credit a Plus, But Not a Decision Driver

First-time buyers have been driving the market in Chicago for months. They are taking advantage of both the low prices and the nearly record breaking interest rates available to them. First-time buyers are also helping the market by buying homes from sellers wanting to also take advantage of the market by buying something larger. In […]

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The Hazards of Buying and Selling Short-Sale Properties

Written by: - July 22, 2009

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The Hazards of Buying and Selling Short-Sale Properties

Not since the post-1987 stock market, have so many sellers been ?upside down? on their mortgages. Unlike this early 1990?s real estate market, when sellers commonly would bring money to closing to make up the difference, banks are now commonly willing to forgo part of what is owed to them to get the liability off […]

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