by John Tsiaousis | Aug 6, 2015 | Chicago Real Estate Trends
In an earlier post, we talked about if there was a lack of inventory as reported by the Chicago Tribune. The early indicators from Chicago’s Near South Side were there was an uptick in active listings and a downturn in closed sales for February – April 2015 that took...
by John Tsiaousis | Jun 17, 2015 | Chicago Real Estate
Beginning August 1, 2015 lenders, realtors, buyers & sellers will face new rules which govern how mortgages will be handled. Under the Real Estate Settlement Procedures Act and the Truth in Lending Act, new procedures and timelines will be implemented which could...
by John Tsiaousis | May 28, 2015 | Chicago Appraisal News
Did you or someone you know experience any delays for an appraisal? Appraisals came to a screeching halt on May 8, 2015, as the State of Illinois canceled Appraisal Management Company (AMC) registrations for over 70 of the 170+ companies effective immediately due to...
by John Tsiaousis | May 5, 2015 | Chicago Real Estate Trends
I recently read an article in the Chicago Tribune where it talked about the lack of inventory and how it was down from a year ago and how it may throw a spotlight on the appraisal process. This can carry many implications for future real estate trends so naturally, I...
by John Tsiaousis | Mar 23, 2015 | Chicago House Flipping
While listening to the radio going to and from appraisal appointments, I’ve been hearing an increased number of commercials advertising various Chicago house flipping programs. It got me thinking as a Chicago appraiser if the Chicago real estate market is primed for...
