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...
Managing partner/Chicago Association of REALTORS® president, Matt Farrell, was among the 'real estate visionaries' invited to speak today at Modern Luxury Men's Book Chicago event held at the fabulous Sunda in River North. Check out Matt's spread in the digital version of the magazine to the right!
Urban Real Estate's managing broker and CAR president, Matt Farrell, recently spoke with FinancialPost.com regarding an interesting trend the housing market is experiencing through foreign investors: the arrival of Canadians. According to the National Association of Realtors (NAR), Canadians account for 24 percent of sales to foreigners. Similarly, Realtor.com says Canadians account for the most international search activity on the website every month in nearly all major U.S
Managing broker and president of the Chicago Association of REALTORS®, Matt Farrell, recently sat down with WGN to discuss the rebounding housing market in the Chicagoland area . Matt went on to say that there's, "an upswing in prices with about a 25% increase in the median price since last year. Also, condo sales which stalled during the height of the recession are doing well. Our average days on the market is lower than it has ever been, even during the condo boom.”
It's not as bad as it sounds. Managing Broker, and president of the Chicago Association of REALTORS® Matt Farrell recently sat down with the Chicago Tribune to discuss Chicago-area home sales and their third consecutive month on the decline. "It's a good market, it's just a frustrating market," said Matt Farrell . "It's frustrating for buyers because there is limited inventory. They find themselves in bidding wars which isn’t good for anyone...
Urban Real Estate's managing broker/Chicago Association of REALTORS® president, Matt Farrell, lent his two cents to ABC7 Eyewitness News on shopping around for the best mortgage loans in the Chicagoland area. A key topic to the discussion was for consumers to do their homework beforehand; knowing their credit scores and seeking the advice of a REALTOR® is an important starting point. "Find out who they have done loans with...
Chicago Magazine and HousingWire recently compiled a list of the best Chicago suburbs to live in , basing their results on variables such as homes, education, crime, and city life...
A condo at the Park Tower, located steps from Michigan Avenue, recently closed for double it's purchase price, nearly $4.85 million . Similarly, a 19th Century row home on Bellevue Place in the Gold Coast sold for $2.97 million, around the same price the seller paid over 12 years ago. What do these two properties have in common? They both could have been found by YOU on our website ! Find (or sell!) your dream TODAY!
Chicago-area home sales down 9% in January... Matt Farrell, president of the Chicago Association of REALTORS, said he expects a strong spring, but it's unlikely to be a repeat of last year . "Last year we had five years' (worth) of people waiting to do something," he said. "This year we'll get the people who waited for last year to happen but it won't be the same drastic results as last year."
Urban Real Estate's Managing Broker and President of the Chicago Association of REALTORS®, Matt Farrell, spoke with the Chicago Tribune about CAR's advisement to Chicago landlords to stop requiring security deposits . "We were starting to feel like our members were at risk. We haven't been able to change the (ordinance) yet, so we're taking steps to protect (landlords.)"
Being directly across from the future Maggie Daley Park, we've witnessed a lot of the early transformation . We're very excited for the finished product!
Managing Partner Matt Farrell spoke with Crain's Chicago Business on a hot topic in Chicagoland real estate. “The reality is it's a fairness thing,” says Matt Farrell. “Why is it if I move to L.A. and I have my same income and my same credit score, I can get a loan that's worth $200,000 more?” If you own, or ever plan to own a home, over $450,000, this matters to you .
Managing Broker and President of the Chicago Association of REALTORS® Matt Farrell recently spoke to Fox Chicago 32 about Chicago rent prices and how the 3.2% nationwide increase will affect the renter in 2014.
Managing Broker and Chicago Association of REALTORS® President Matt Farrell reflects on a year of rising home prices and cautious optimism that could benefit Chicago real estate in 2014. "We see the consumer confidence has been bolstered with decent news on the job market and economic growth, strengthening housing market overall in Chicago," Matt explains.
Managing Broker, Matt Farrell, discusses the possible outcomes a winter listing could provide in today's Chicago Tribune, "If anybody is thinking about selling and they have a decent property to offer, it could be an interesting time. The field is pretty thin. If you have a property that will compete well in the spring, right now you could be the one getting all the traffic."
Chicago Association of REALTORS® President and Managing Broker Matt Farrell reflects on the resurgence of jumbo loans in Chicagoland . "Investors started getting back out there and creating a secondary market for these jumbo loans," said Farrell. "The availability of the jumbo loan allowed people to ‘buy up.’ "
We are proud to congratulate our own Mark Lale, who is preparing to exhibit a retrospective of his paintings coming to the Noyes Cultural Arts Center at the end of November! Check the press release for all details!
