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: Closing Real Estate in Chicago

Slow Times for Real Estate Sales and Real Estate Blogs

By Peter Olson, Esq.

Forgive me for the dearth of postings lately. It's just kind of depressing in the whole field. I could post the quarterly foreclosure numbers or another monthly or quarterly drop in home sales. But I don't want to be a blogger based solely on secondary reporting. So....

Well last week one residential deal died and one residential new contract came into the office. The number of forcibles coming in both landlord and association stuff has been ramping up as the economy ramps down. And most importantly, the two homes around the Chicago area where I have some $25,000 in attorneys fees pending payment based on the sale of real estate post-trial, no offers in about a year in both cases.

Full post as published by Closing Real Estate in Chicago on May 09, 2008 (boomark / email).