by John Tsiaousis | Dec 29, 2015 | Chicago Real Estate
I was watching a video from the National Association of Realtors in which their Chief Economist Lawrence Yun talks about the effect of TRID on the national level (2:35 to 3:40 second mark). I decided to take a look at the effect of TRID in the Chicago real estate...
by John Tsiaousis | Dec 17, 2015 | Chicago Appraisal News, Chicago Real Estate, FHA Appraisals
The reason I write this appraisal blog is to provide valuable information about real estate appraisals and more importantly how it affects homeowners or would-be homeowners. This year saw many industry changes for real estate appraisal and chatter from appraisers was...
by John Tsiaousis | Dec 10, 2015 | Chicago Real Estate Trends
Chicago Market Report: The two-bedroom condo sales facts are in for the Near South Side for the month of November 2015 in the latest market report. The housing price ranged from $230,251 on the low end to $550,250 on the high end. The average sold price was $410,838...
by John Tsiaousis | Dec 3, 2015 | Chicago Real Estate Trends
Chicago Market Report: The two-bedroom condo sales facts are in for Uptown. The housing price ranged from $99,000 on the low end to $400,000 on the high end. The average sold price ($212,336) was close to the median sold price ($207,000). Two-bedroom condos on...
by John Tsiaousis | Nov 20, 2015 | FHA Appraisals
With the new changes that became effective September 14, 2015, there is a perception of the increased scope of work and liability in FHA appraisals. The perception is house appraisers are being asked to perform the work of property inspectors and would be violating...
