by John Tsiaousis | Apr 11, 2021 | Appraisal Tips, Chicago Home Appraisal Blog, Chicago Real Estate
When Zillow first came out, real estate appraisers would often hear “Zillow says my home value is…”This is usually followed by a cringed face and sigh. To put this debate to rest, our lead appraiser John did a sampling of recently appraised homes in Chicago to see how...
by John Tsiaousis | Apr 29, 2020 | Chicago Home Appraisal Blog, Chicago Real Estate, Chicago Real Estate Trends
Last week we saw some optimism as homes under contract in Chicago experienced stable increases for the 3rd week in a row. This week the optimism continues as new listings jumped up from 78 to 125. Closed sales experienced an uptick for the 3rd week in a row as well...
by John Tsiaousis | Mar 14, 2017 | Chicago Home Appraisal Blog, Chicago Real Estate
On February 9, 2017, Sen. Pamela J. Althoff in the Illinois Senate introduced legislation that would remove a provision requiring written disclosure to a mortgage loan applicant of the total compensation paid to the real estate appraiser when the home appraisal has...
by John Tsiaousis | Jan 26, 2017 | Chicago Home Appraisal Blog, Chicago Real Estate
The Chicago Association of Realtors has released the 2017 Chicago Residential Lease for apartments, condominiums, single-family homes, and townhomes. In their post from January 4, 2017, the updated 2017 Chicago residential lease with the new security deposit interest...
by John Tsiaousis | Feb 25, 2016 | Chicago Real Estate
In our prior post, we only had one month of data which was for the month of November 2015. Now there are an additional two months of data and the effect of the Truth in Lending Act (TRID) isn’t so bad. The average contract to close for December 2014 was at 55 days. It...
by John Tsiaousis | Jan 7, 2016 | Chicago Real Estate
The Chicago Association of Realtors has released the 2016 Chicago Residential Lease for apartments, condominiums, single-family homes, and townhomes. In their post from January 4, 2016, they talk about the new 2016 Chicago residential lease and important information...
