Britta Rivera Venture

CHICAGO REAL ESTATE NEWS & MORE

11/30/11: STOCK MARKET SOARS DUE TO CENTRAL BANKS CASH INJECTION; ABOVE 12,000

The stock market soared today after the Federal Reserve announced they would join other major central banks in injecting more money globally.

This was the biggest one-day point and percentage gain for this entire year.  But don’t get too excited, this is a band-aid on a burn not a longterm fix.

READ MORE via 11/30/11: STOCK MARKET SOARS DUE TO CENTRAL BANKS CASH INJECTION; ABOVE 12,000.

Advertisements

November 30, 2011 Posted by | HEADLINE NEWS | , , | Leave a comment

(VIDEO) 2011: SHERIFF DEPUTIES REFUSE TO EVICT 103-YEAR-OLD WOMAN; GOOD TO HEAR

It was good to hear that some Sheriff Deputies have a heart.  During a recent eviction visit, they refused to remove a 103-year-old woman and her 80-year-old daughter from their home.  After falling behind on their mortgage payments, for a home they lived in 53-years, their bank served them with an eviction notice.  It appears even seniors can be foreclosed on.

Upon arriving and finding the elderly women in their Atlanta home the deputies just could not proceed.  It would have been a very sad day if they would have thrown them out of their home.  No one deserves to be put through this process, but especially not our seniors.

In this economy, millions have lost their homes and it has been reported that there is 5 years worth of foreclosures on the horizon.  If you have requested a loan modification and have been refused, a short sale may be a better option.   Watch the short sale video and feel free to contact our team of short sale specialists at 312.475.4548,  if you are considering one in the Chicagoland area.

November 30, 2011 Posted by | REAL ESTATE NEWS | , , , , , | 2 Comments

CHICAGO TOPS LIST; CHEAPER TO OWN THAN RENT HOUSING

OLD TOWN VILLAGE

According to new data released this week, Chicago is among the top U.S. cities where owning a home is now cheaper than renting.  As rents continue to climb and interest rates keep dropping, this combination makes most monthly mortgage payments lower than rent.

Renter’s interested in the downtown South Loop neighborhood have had sticker shock, finding one bedrooms going for $1350-$1700 (on average) and two bedrooms at about $1800-$3500.

Experts suggest at these current rental amounts, it is cheaper to own a home in Chicago and many other cities.  This news is buzzing so many are doing just that…new reports released today show an increase in October sales in the Chicagoland area.

With the high amount of short sales and foreclosures on the market, great deals are available and buyers are snatching them up.  In recent months multiple offer situations have become a regular occurrence as investor’s, move-up, and first-time buyers are competing for the same home.  However, if you are looking at short sales, patience and flexibility in price is needed to stomach the ride.  In some cases you may be responsible for unpaid assessments or repairs, and the banks keep changing the rules.   But if you are looking for incredible deals and have about 3 months to wait, it is well worth it.

If you are considering your rent vs. own scenario and would like a FREE consultation, please call Britta Rivera Venture at 312.475.4548.

If you are searching for an amazing deal in Chicago, start viewing incredible homes now.   Also register here for your FREE list of available residences or to attend our FREE upcoming Rent Vs. Own Seminar.

November 28, 2011 Posted by | CHICAGO REAL ESTATE | , , , , , , , , | Leave a comment

(VIDEO) 2011: FORECLOSURE FIRM CLOSES AFTER HOMELESS HALLOWEEN PHOTO’S RELEASED

In this economy joking about someone losing their home is despicable. But when you work at a foreclosure firm it adds insult to injury. Well, that is exactly what happened and the employees are now paying the price.

According to news reports, New York’s largest foreclosure law firm, Steven J. Baum, felt the heat after photo’s were released of his employee’s making fun of victims who lost their homes.  During their annual Halloween party last year, staff members dressed up as homeless people and held signs mocking homeowners losing their homes.

via (VIDEO) 2011: FORECLOSURE FIRM CLOSES AFTER HOMELESS HALLOWEEN PHOTO’S RELEASED.

November 24, 2011 Posted by | REAL ESTATE NEWS | , | Leave a comment

OPRAH RENTS CHICAGO CONDO FOR $15,000 PER MONTH

OPRAH is not even shielded in this heavily discounted housing market.  When she could not sell her “in-town” home, she put it on the market for rent.  But it won’t be cheap to live like the rich and famous, she is asking a whopping $15,000 a month.

This may be considered a great deal seeing that Oprah never really lived in this Chicago “in-town”.  This luxury condo is located at 199 East Lake Shore Drive, and has incredible views of the lake.   The home is stunning and includes a wine room, gourmet kitchen, butler’s pantry, solarium and many more features you would expect at this price point.

If you are not on a tight budget and need to live the “good life” this is a great opportunity.  If you are interested in viewing this home, it is likely being shown to “qualified renter’s” only.  However, for the curious looker’s you can see the interior photo’s here and check out what $15,000 a month get’s you in Chicago.

Maybe she should have rented it to Rosie O’Donnell?

LOOKING FOR A MORE AFFORDABLE RENTAL?   INCREDIBLE DEAL…HERE!

November 24, 2011 Posted by | CHICAGO REAL ESTATE | , , , , | Leave a comment

CHICAGO: OLD TOWN VILLAGE CONDO FOR SALE; 2BR ONLY $239,900

If you are searching for a great value in Chicago’s Old Town Village neighborhood, this amazing two-bedroom, one-and-a-half bath is available for purchase!  Sunlight fills the living areas through bay windows, there is also a private deck off the large master bedroom and reserved parking space is included.  This charming condominium is one level with no stairs.  It is conveniently located is near shopping, dining, I90 expressway and Gold Coast!

Specially priced at $239,900, makes this a great value in the heart of the city.  If you would like a tour please call 312.475.4548 to schedule your appointment.

Search for other great deals in Chicago by viewing incredible homes or register here for your FREE list of available residences.  For more information on 1115 N. Crosby, visit this link.  

CHICAGO REAL ESTATE NEWS

November 12, 2011 Posted by | Uncategorized | , , , , , , | Leave a comment

CHICAGO: FORMER ‘WILD HARE’ REGGAE BAR LOCATION FOR SALE

CHICAGO’S legendary former reggae bar, the “Wild Hare”, closed this summer and now its old location is up for sale.  The Robert Lurie family, who is the ex-partner of real estate billionaire Sam Zell, has hired Sperry Van Ness LLC to sell the space located at 3530 N. Clark St.

Many were surprised when it was announced that the bar would close, back in May of this year, leaving fond memories behind for many (including me).  The Wild Hare had incredible reggae band performances and was a lot of fun, so it is greatly missed.

The loss of historic Chicago spots is always sad…it seems like a piece of the city’s past is forgotten forever.

November 11, 2011 Posted by | CHICAGO BUSINESS - TOP PICKS | , | 2 Comments

CHICAGO’S CITYPOINT LOFT; NEW SOUTH LOOP VENUE HELPS COMMUNITIES

CityPoint Loft is a unique special events venue located in Chicago’s South Loop neighborhood.  As an L3C organization, CityPoint Loft donates 100% of its profits to non-profit organizations meeting social, educational, and economic needs around the globe.

This exceptional new venue is convenient to downtown and located steps away from Chicago’s world-class McCormick Place convention center.  The venue is affordable and has a sleek interior, with floor-to-ceiling windows, soaring ceilings and sophisticated style.  It is the perfect space for meetings, conferences, networking events, social gatherings and even upscale wedding receptions.  Intimate seated dinner occasions can host 120 people, Theater Style 150, and Cocktail receptions 175.

If you are interested in hosting a conference, reception, or any other event, this is an incredible venue.  And what’s more amazing; when supporting this venue you are also helping communities in need.  Call today to secure your date.

CityPoint Loft (Visit website to view stunning interior photo’s)
110 E. 23rd. St. (@ Michigan Ave.)
Chicago, IL 60616
Managed by:
L3 Eventeurs
(312)869-9207

November 9, 2011 Posted by | CHICAGO BUSINESS - TOP PICKS | , , , , , , , | Leave a comment

   

%d bloggers like this: