Author Archives | katie
katie - who has written 27 posts on The Chicago 77.
Katie Anderson is a respected and successful broker at Sudler Sotheby's Realty as well as a certified appraiser. She specializes in representing clients who purchase and sell condominiums, town homes, single-family homes and income property in the Chicago land area. In her small amount time in the real estate game (she became an agent in 2003) she has assisted in excess of 400 deals and over $200 million in sales and continues to use her skills as a certified appraiser. Katie resides in Chicago's Bucktown neighborhood with her loving husband and 4-year-old-daughter, where she spends much of her spare time with her family and friends. You can contact her at [email protected] or at andersonbraack.com
Five Things Buyers Should Know About New Construction Condos
There’s a lot to love about a new building: the smell of fresh paint, the gleam of new stainless steel appliances, the anticipation of waiting for the cardboard protecting the walls of the elevator to be taken down so you can finally see what’s behind it, the excitement of people wearing hardhats carrying blueprints around [...]
Continue reading...An Agent’s Thoughts on Realtor.com
Monday, February 2, 2009
Any Real Estate agent that has been in the business for any length of time has heard of Realtor.com. Many people outside of the real estate industry have also heard of Realtor.com. When Realtor.com first hit the scene it was an excellent outlet to get a listing out on the internet. That has changed rapidly [...]
Continue reading...How to Price a Home in Chicago’s Depreciating Market
Friday, January 23, 2009
So, how do you Ms/Mr Agent know how much to recommend lowering the price? How do you, Ms/Mr Seller know if the reduction is warranted? How do you know it's the right amount of reduction? Do you guess? Do you feel your way along? Instinct is important to an agent, but the appraiser side of me also forces me to present [...]
Continue reading...Agents Must Get Back Basics: Both New & Old
Tuesday, January 20, 2009
Many real estate agents who entered the industry within the last eight years have seen a serious downturn in their business, especially if they were on the scene during the boom years between 2003 and 2005. Back in the good ole days, all an agent had to do was to put out a for sale [...]
Continue reading...Zillow-Like Features Come to Chicago’s MLS
Tuesday, January 13, 2009
Yesterday Midwest Real Estate Data LLC (MRED) announced, in conjunction with Realist.com, that it had rolled out a new product today entitled Realist ValueMap (RVM). It's a automated valuation model (AVM) which is very similar to Zillow's Zestimates.
Continue reading...Eight Things For Buyers To Watch Out For
Saturday, January 10, 2009
When out with buyers for the first time, I explain that there is much more to a home or condo than meets the eye. Here’s a list of items I suggest you look at. I simply look for whatever may look like a potential problem that will cost money. I’m not an inspection or construction [...]
Continue reading...New Appraisal Rules Will Have An Impact
Saturday, January 10, 2009
How does the new Home Valuation Code of Conduct (HVCC) recently adopted by Freddie Mac and Fannie Mae affect the appraiser and the consumer? Just as there are many layers to an onion, there are many ways to look at the financial mess this country is in. Some blame the banks, some blame the mortgage [...]
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Daily Mortgage Update from A&N; Mortgage
6 August 2009 – Today the bond market opened up slightly around 6bps and are currently up 9bps. We had a slight movement down after the unemployment claims dropped, however dismal retail sales immediately turned the bonds back into the positive territory. We have had six straight weeks of decline in the moving average of jobs lost which may be an indicator of a slightly improving job market. The jobs report is due to be released tomorrow morning and again this can affect the bond market. We will be watching closely to see the impact of this report. The Dow is currently down 10. The 30 year rate remains around 5% and the 15 year around 4.625%.
Chris DePaepe
Daily Real Estate Update
6 August 2009 –I was pleased to see that Chicago was not on the Forbes’ list of the cities to get the best deals on a condo. Unlike many of Forbes’ lists, this is one list we as a city do not want to be on. Being on this list means that there are too many condos on the market and the prices are extremely low and/or dropping. Not being on this list means that there are worse places to own a condo! However, North Shore suburb Lake Forest is #9 on the list.
Stacy Braack
- Parking Squatters or a Chicago Tradition?
- What Causes Mortgage Rates to Move?
- Top Ten Deadly Buyer Mistakes
- New Appraisal Rules Will Have An Impact
- How to Price a Home in Chicago's Depreciating Market
- Why You Might Not Be Able to Get a 5% Mortgage
- Stimulus Bill Expands The First-Time Home Buyer Tax Credit
- The Ugly Truth About Loan Modifications
- Housing Industry Can Take Lead in Green Movement and Economic Recovery
- Chicago Market Sticky - Home Prices Not in Free Fall
- Sam Goody: I can't believe that home sales are up 25%! I did...
- Rick: Fantastic! and Indeed the future lies in sustainab...
- sam: The short sale process usually takes 3-6 months. I...
- Renee Healion: There is more to be done and before the report is...
- Appraisal Police: Appraisers Must Be Local or Disclose According to...
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Tuesday, February 3, 2009
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