Real Estate Investments

AUTHOR: German Llanos

Brexit: Como afectara el Real Estate? ***En Espanol***

Brexit:

1) Que pasara con el Real Estate en Chicago?
2) Que pasara con el Real Estate en Miami? NY, LA o Boston?
3) Tasas de Interes, bajaran o subiran?
4) Va a bajar el comercio con Europa mainland?
5) Va frustar oportunidades a jovenes?
6) Disminuira la burocracia, el planeamiento central y las excesivas regulaciones?
7) Los pueblos tienen derecho a determiner su destino.
Cual es su opinion? Me encantaria conocerla! Comente abajo por favor.

4 Powerful Ways Real Estate Can Make You a Millionaire

Article written by Brandon Turner
Published in Entrepreneur magazine on 01/27/2016

The Chicago skyline illustrated at sunset

The Chicago skyline illustrated at sunset

Sometimes a team can accomplish far more than a group of lone individuals. For example, cyclists in the Tour de France take turns riding at the front of their group, decreasing the wind for those behind them. Wolves hunt in packs to take down animals 20 times their size. And for those of us who were children of the ’90s, we all remember Ducks Fly Together.

This brings up another team that can accomplish amazing things — not a team of people, but a team of benefits which, when combined, can help you achieve your greatest financial goals. Specifically, I want to talk about real estate.

My name is German Llanos, a Real Estate Expert. I this video I explain and discuss the reasons of the current “tight inventory” market situation.

There has not been much meaningful new construction during the 2008-2013 periods. The market was flooded with foreclosures and banks were not giving many construction loans at all. But during that period people still were having babies, forming households and relocating. The result is that now in 2016 we lots of housing demand and very tight supply.

Why distressed properties are so hot? Why I keep bidding full price and keep losing? What is a “Multiple Offer Situation”? What is a “Highest and Best Offer”?

My name is German Llanos, a Real Estate Expert. I this video I explain and discuss the reasons of the current “tight inventory” market situation.

There has not been much meaningful new construction during the 2008-2013 periods. The market was flooded with foreclosures and banks were not giving many construction loans at all. But during that period people still were having babies, forming households and relocating. The result is that now in 2016 we lots of housing demand and very tight supply.

Aldi and Ross will replace the former Bank of America site in Six Corners

Wednesday night, Clark Street Real Estate revealed their plans to develop the former site of Bank of America in Six Corners 4747 W. Irving Park Road (Milwaukee, Irving Park and Cicero) in Portage Park.

Six Corners

Six Corners

From: http://www.clarkstreet.com/portfolio/developments/six-corners

CSRE acquired approximately 4 acres at the prominent Six Corners intersection of Irving Park Road, Cicero Avenue & Milwaukee Avenue from Bank of America. CSRE plans to develop an exciting retail project that fits within the fabric of the community and acts as a catalyst for the revitalization of the historic Six Corners Shopping District.
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The project will include approximately 100,000 square feet of retail on the first level, approximately 270 parking spaces on the second level with a continuous pattern of building abutting the sidewalks of Irving Park Road and Milwaukee Avenue. The loading and access points to the parking deck will be on Kilpatrick Avenue. The Alderman and Six Corners Association have emphasized the pedestrian circulation system and public spaces that have been thoughtfully included in the Project’s plan.

The site is currently under demolition with plans for construction to commence summer 2016.
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Good morning Chicago!

WGN’s chopper shows you today’s morning view of the City of Big Shoulders!

Absolutely stunning! Skycam9 captured gorgeous video of Chicago’s skyline that looks almost too beautiful to be real.

Posted by WGN TV on Thursday, 18 February 2016


Why you should work with 24 Hour Real Estate LLC? Because we will always look for your best interest not ours. We are investors. We will advise you based not on “what we read others do”, we will advise you based on our daily deals. You will copy our successes and leverage our experiences. We are 24/7 and we truly mean it. We will work within your schedule, not ours. Finally, we share the same dreams of home ownership and financial independence that you have so it is a pleasure and a privilege to help you.
photo_24chitown

Why choosing 24 Hour Real Estate


Why you should work with 24 Hour Real Estate LLC? Because we will always look for your best interest not ours. We are investors. We will advise you based not on “what we read others do”, we will advise you based on our daily deals. You will copy our successes and leverage our experiences. We are 24/7 and we truly mean it. We will work within your schedule, not ours. Finally, we share the same dreams of home ownership and financial independence that you have so it is a pleasure and a privilege to help you.
photo_24chitown

Foreclosure inventory down 35 percent nationally from a year ago

Source: CoreLogic

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today released its June National Foreclosure Report, which provides data on completed U.S. foreclosures and foreclosure inventory. According to CoreLogic, for the month of June 2014, there were 49,000 completed foreclosures nationally, down from 54,000 in June 2013, a year-over-year decrease of 9.9 percent. On a month-over-month basis, completed foreclosures were up by 2.7 percent from the 48,000* reported in May 2014. As a basis of comparison, before the decline in the housing market in 2007, completed foreclosures averaged 21,000 per month nationwide between 2000 and 2006.

USAA Real Estate Co. and Golub & Co. Acquire Chestnut Place Apartments in Chicago’s Gold Coast Neighborhood

SAN ANTONIO, Aug. 1, 2014 /PRNewswire/ USAA Real Estate Company today announced the acquisition of Chestnut Place, a 30-story residential building located at 850 N. State Street in Chicago, in partnership with Chicago-based Golub & Company, an international real estate investment and development firm.

Michael Goldman and Collin McKenna of Golub, and David Reahl of USAA, negotiated the acquisition. The seller, Chestnut Place Associates, was represented in the transaction by CBRE. The purchase price is undisclosed.