Urban Real Estate's newest partners were featured in Crain's Chicago Business today.
In recent months, our brokerage has named three partners to its company, Matt Silver, Kelly Smith and Chris Vernald. Silver is an expert in the North Shore and Downtown, Smith, in property renovated and multi-family and Vernald on financing complicated purchases.
Check out the full write-up at Crain's here .
Each year Chicago Agent Magazine puts together a market handbook. In print and online, the handbook brings together a variety of data related to sales in markets across the city and suburbs.
They also reach out to agents to add valuable insight and help interpret the data. Among those quoted were Urban Real Estate's very own partner Kelly Smith.
"In the past six months the majority of my clients have been coming from the tech sector," Smith told Chicago Agent Magazine. "A
Urban Real Estate has named real estate broker Chris Vernald partner to the Chicago-based brokerage.
Mr. Vernald joined Urban in January 2012, and has made the most positive impression on his colleagues and clients since the moment he came into the industry. Consistently ranked a top producer, Chris has made it his business to learn the intricacies of the transaction, helping to better anticipate his clients’ needs and foresee the pitfalls before they arise...
When ABC7 reporter Alan Krashesky was looking for expertise on the local real estate market and the up-coming (and in progress) Spring selling season, he turned to Matt Silver, Urban Real Estate's own Partner and Chicago Association of REALTORS® President-elect.
February home sales data shows the median selling price up 7.8 percent to $160,000, while March sales data is not out yet.
Silver says that the city's appreciation has varied neighborhood by neighborhood...
When Crain's wrote a story this week on CoreLogic's latest report that shows home values in the city rising faster than the rest of the state, they turned to Urban's Matt Silver, also the president-elect of the Chicago Association of REALTORS®, for some insight.
"You hear so many more people say they want to bike to work, they want to walk to work, they don't want to spend so much of their day commuting," Silver told Crain's...
Urban Real Estate (Urban) is expanding its leadership team, announcing Kelly Smith as partner. Mr. Smith has been with Urban since 2012. Smith’s clients rely on him for his expertise in helping them with their real estate investment portfolio. Often, his clients will count on his guidance in building short- and long-term goals for acquiring single-family or multi-family properties, and create a plan for their rehabilitation, rental and/or resale...
Chicago Agent Magazine profiled and featured our recent company rebranding, including our new website ( www.UrbanRealEstate.com ), logo, as well as resources and amenities for our brokers and clients.
Managing Partner, Matt Farrell, sat down with Chicago Agent Magazine to discuss the new design and the advantages of using it in congruence with any of our fabulous brokers...
When Chicago Agent Magazine was looking for some expertise on the future of the local housing market, they turned to Urban Real Estate's Director of Professional Development, Matt Silver, to offer his insight.
With 41 percent of all mortgages in the Chicagoland market going to buyers aged 25 to 34, Millennials are a key demographic for agents...
The organization that manages the Chicagoland Multiple Listing Service has added Urban Real Estate's very own Michael Emery to its board of directors. Emery is a Senior Broker and Parter at Urban.
The local MLS, managed by Midwest Real Estate Data (MRED), is a data aggregator providing information to more than 40,000 brokers and appraisers and 8,000 offices.
Read more here .
It's a building known for its height, its architecture and its great location on the Chicago River. It's also known for its name: Trump Tower. Residents of the building love the views, but Donald Trump's presidential campaign has left many of them shaking their heads. In a recent story, the Chicago Tribune residents sounded off on living in the tower during the presidential campaign...
A new tower will soon be replacing the iconic Ed Debevic's restaurant in River North. Demolition of the restaurant is underway and a new tower will soon begin to rise in its place. The 22-story building will feature 251 rentals, 117 parking spaces and 12,000 square feet of retail. For more, head over to Curbed Chicago here . A new report out from Freddie Mac suggests that an unlikely culprit is keeping supply of real estate for sale at the current low: baby boomers.
Justin Oliver, a trusted Urban broker and adviser to his clients far and near, is a familiar face to the Chicago real estate scene. Check out this profile to learn more about one of the industry's rising stars.
Another day, another residential skyscraper is proposed for Chicago. This time, Jupiter Realty and Pappageorge Haymes have partnered on a proposal for a 500-foot tall tower at 465 North Park in Streeterville. The tower would feature 444 apartments, 181 parking spaces and just under 12,000 square feet of retail. They're hoping to start construction in January 2016...
Chicago's next great public space officially opened over the weekend. The 606, a connected series of parks with the overhead rails-to-trails project known as the Bloomingdale Trail, will connect diverse neighborhoods from Logan Square and Humboldt Park to Wicker Park and Bucktown. Running along an abandoned railroad bed along Bloomingdale Avenue, the trail has caused new interest in housing and in real estate development along its entire length...
Urban Real Estate's very own Matt Farrell was recently quoted in Crain's Chicago regarding the increasing number of listings coming into the local market. Crain's story, "More choice for homebuyers as Chicago listings rise", delved into the gentle rise in home inventory. Last month, 62,316 homes were on the local market which represents a 5.1 percent increase from September of 2013...
Urban Real Estate Managing Partner Matt Farrell recently offered some insight to Chicago Tribune Reporter Mary Ellen Podmolik. The Tribune is reporting that downtown Chicago's condo market is rebounding and that affluent buyers are driving the resurgence. "For the most part, it's a good thing that we haven't been bloated with new construction in the condo market because it has allowed for (price) stabilization," Farrell told Podmolik...
We are proud and honored to be a part of the Fall 2014 issue of the New Eastside NEWS, a newsletter from and for the New Eastside community . The newsletter provides great content for all demographics highlighting local events, area news events, and advertisements from local establishments and services, as well as important Chicago information. Please check out the digital version yourself and see if you can find us!
Although monthly home sales have been unable to surpass last year's comparisons throughout Chicagoland, home prices continue to rise . Urban Real Estate managing broker/Chicago Association of REALTORS® (C.A.R.) president, Matt Farrell, is still confident in the market. "Demand continues to outpace home supply, and buyers are finding the home they want in a shorter amount of time," said Matt...
From Chicago Agent Magazine : 'In his role as president of the Chicago Association of REALTORS® (C.A.R.), Matt Farrell has been the president to watch, as he has engaged members across generations, especially amongst young professionals since his involvement in 2009. “I was never asked to get involved at C.A.R...
From Chicago Agent Magazine : 'Urban Real Estate’s top-producing agents all play a part in driving the company’s continued success. A few of these top producers – Matt Silver, Chris Vernald and Kelly Smith – have notable individual achievements, experience, market knowledge and tenacious work ethic that rank them among Chicago’s elite residential agents...
