Monday, March 14, 2016

Loop retail vacancy lowest since at least 2002

With more retailers pouring into the Loop in 2015, vacancy reached its lowest level in at least 14 years.
Overall vacancy fell to 9.9 percent last year, the lowest point since Stone Real Estate began compiling a Loop report in 2002, according to the Chicago-based retail brokerage.

 


­­­­­Posted by Bradford Miller Law, P.C.
 Real Estate Law, Landlord Tenant Law, Estate Planning
 134 N. LaSalle, Suite 1040
 Chicago, IL 60602
  312-238-9298
 http://www.bradfordmillerlaw.com/ 
 Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Sunday, January 24, 2016

When is it best to sell or buy a property?

A famous question with a lot of answers.  Right now, in Chicago, we are theoretically in a Sellers market because inventory is so low.  Because inventory is so low, Buyers have less to choose from so the "good" properties are taken right away - and often times there is a bidding war.

But some people also say that the best time to buy or make an offer is in the month of January. That is because there are not as many Buyers looking so some Sellers are a bit desperate to receive an offer.  As we have always heard, its location, location, location.  In some areas Sellers could be desperate.  In other areas Sellers have the upper hand because the inventory is so low.  Your Realtor will have more information on your specific area.

Whether you are a Buyer or Seller, you will need an excellent Attorney to represent your interests.  When you have a signed contract, call my office right away.  We are happy to help you.

Posted by Bradford Miller Law, P.C.

 Real Estate Law, Landlord Tenant Law, Estate Planning
 134 N. LaSalle, Suite 1040
 Chicago, IL 60602
  312-238-9298
 http://www.bradfordmillerlaw.com/ 

 Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Tuesday, January 19, 2016

The Hot Neighborhoods in Chicago – (Zillow)

Hottest Chicago neighborhoods for 2016 predicted by Zillow:

1. West Loop Gate: 6.3 percent forecasted home value growth

2. South Loop: 5.8 percent forecasted home value growth

3. Pill Hill: 5 percent forecasted home value growth

4. Budlong Woods and Belmont Terrace: both with 4.9 percent forecasted home value growth

5. Gage Park: 4.6 percent forecasted home value growth
 
If you are looking to sell or buy in these areas or anywhere in Chicagoland, please call our office for a free consultation – (312) 238-9298

Posted by Bradford Miller Law, P.C.

Real Estate Law, Landlord Tenant Law, Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602
312-238-9298

 http://www.bradfordmillerlaw.com/

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer. This is intended to be advertising. Please consult with an attorney before acting on any information given here.