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Chicago Going Wireless

photo SVRPaul

A new $3 Billion dollar network system being built by Motorola Inc. and operated by Sprint Nextel Corp. will soon provide the Chicagoland Region full time internet access for users... allowing users to log into the internet from downtown and staying online as they travel to the suburbs or vice versa with the same power as many broadband services used by many homes and offices.

Chicago will be one of the first three cities in the nation to get the new network and according to Sprint the new technology should start operating by the end of the year.

This would be a fantastic service for Las Vegas For users such as ourselves that use multiple services and have multiple fees for having wireless internet access in our home, office and for when we are out and…

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Posted: 3 years ago, Comments: 0, Average Rating: Views: 634

New Chicago Condominium Tower Gains Approval

photo SVRPaul

Chicago Luxury Condominiums - The SpireThe Chicago Plan Commission approved the design for The Spire by world renowned architect Santiago Calatrava. The new condominium project, if built, will be the nations tallest building at around 2,000 feet high and will be home to aproximately 1,200 new Chicago luxury condominiums soaring high above the Chicago Skyline.

Being approved by the Chicago Plan Commission is one hurdle of many more to come including actually building the proposed tower. Due to the soaring height, building costs will be enormous due to the increase in materials required for such a structure.

It's really quite an interesting project that makes us wonder how something like this is even possible to build.

My biggest question --- who is going to clean the windows?

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Posted: 3 years ago, Comments: 0, Average Rating: Views: 771

Barrington IL Area Real Estate Market Report - Mar. 2007

photo SVRPaul

Barrington IL homes average a 4.68% increase in selling price for March of 2007 compared to March of 2006 according to information provided from the MLS of Northern Illinois.

Some notes before continuing: This is an overall analysis of Area 10 (60010 zip code) of detached homes from the local MLS and includes a pretty large area including the Villages of Barrington, Barrington Hills Real Estate, North Barrington, South Barrington Homes and Deer Park. The area is over 70 square miles and is approximately 35 miles from the Chicago loop. The report is an analysis of the overall Barrington area and obviously it should be noted that this is a report of actual homes that closed in March of 2007 in comparison to Barrington homes that closed in March of 2006.…

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Posted: 3 years ago, Comments: 2, Average Rating: 8 Views: 650

Chicago Wins USOC 2016 Olympics Bid

photo SVRPaul

After a long and well organized campaign to convince the United States Olympic Committee that Chicago would be a better candidate for the 2016 Olympics then Los Angeles, The USOC today announced that it has selected Chicago over Los Angeles for it's bid to host the 2016 Olympics.

This is a major step in the process for selecting a city to host the 2016 Olympics by the International Olympic Committee and a huge accomplishment for the City of Chicago who has never hosted an Olympics before. Planning for this honor to represent the USOC began years ago with a firm commitment by Chicago City officials to revitalize areas of Chicago that needed a little help.

Trump International Hotel and TowerThe revitalization of downtown areas has been nothing short of incredible and the side effect of this…

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Posted: 3 years ago, Comments: 0, Average Rating: Views: 1041

Zillow, Trulia, Oodle.... Oh My!

photo SVRPaul

In our quest of keeping up with what is going on in the Residential real estate world and staying in tune with trends effecting the online residential real estate side of our business, we've come across several issues that effect not only residential real estate agents, but also the consumer.

Last year it was Zillow and the Zestimate.  Trust us, we had to more then once explain this system to several clients concerning the valuation of their homes... obviously much easier to do when the Zestimate was lower for a homeseller then when the Zestimate was higher then our valuation of a clients home.  We can tell you this... not once was the Zestimate close enough to use it as a price valuation in putting a home up for sale... our experience.  The absolute…

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Posted: 3 years ago, Comments: 1, Average Rating: 10 Views: 1745

Buying A Brand New Chicago Home

photo SVRPaul

I was looking over some Broker/Client registration forms with a new home builder in the Chicagoland area and happened to flip over the back page. Three statements stand out and this is something that many new home buyers have a misconception about when beginning their search for a new Chicago home:

1) Builder acknowledges a single price policy.

2) Sales prices are not negotiable nor do they deviate for non-broker purchases.

3) Illinois real estate licensee must accompany and register the buyer on their first visit to the new home community.

Key highlights of this: Sales prices do not deviate for non-Broker purchases. You do not get a better price for a new home if you don't use a Real Estate Broker.

Since buyer representation is absolutely free for…

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Posted: 3 years ago, Comments: 0, Average Rating: Views: 676

It's Masters Week!

photo SVRPaul

It's Masters week in Georgia. This is always a week that I reminence of my background of growing up in Georgia and the special uniqueness that Georgia offers in real estate. I graduated from Warner Robins High school in Warner Robins and later attended school at the University of Georgia -- Go Dawgs!

Anyways, if you have a chance, watch The Masters and you'll see some beautiful real estate. In a world of the next great real estate finds by journalists who have zero experience in practicing real estate, Georgia seems to be forgotten year in and year out for great places to live. When you consider the real estate appreciation rates in the past several years for the "hot" areas of Florida, Nevada and Arizona, there are parts of Georgia that could be a great…

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Posted: 3 years ago, Comments: 0, Average Rating: Views: 612

New Homes In Barrington IL

photo SVRPaul

Barrington IL, located aproximately 35 miles from downtown Chicago offers unique real estate in an area that maintains a rural character. The area is established and one of the goals of the local governments is to preserve and maintain it's natural history. In an area with more then 350 homes listed in the National Historic Preservation district, it's quite surprising to just how much new construction there is in the Barrington area. There are currently three larger new communities being built by national builders in the Barrington area and a multitude of smaller builders that are offering new construction.

One such builder offers over 27 different floorplans with aproximately 5 to 6 different elevations for new homes in South Barrington. Five of these…

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Posted: 3 years ago, Comments: 0, Average Rating: Views: 732
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SVRPaul

SVRPaul Paul Francis, CRS specializes in the Master Planned communities of Las Vegas including Summerlin Real Estate, Lake Las Vegas and Green Valley Real Estate. Read More

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