Absorption Rate Chicago Luxury Apartments Bobby Pen & The Pen Get Smarter Faster

Insider Tip To Buy Chicago Luxury Apartments Smarter

Absorption rate is one key data piece that gives you leverage in a real estate negotiation. The trick is to track the ‘absorption rate’ on a monthly basis, each and every month. So that you have a complete story… a trend. And not just a snapshot. If you were to do this, then you’d have a feel on if it’s a ‘buyers market’ or ‘sellers market.’ In a nutshell, this information can be crucial in justifying your position in a negotiation.

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Confusing Residential Real Estate Rule Is Now Law

It officially went into effect October 3, 2015. The Dodd-Frank mandated (CFPB directed) residential real estate closing regulation (known as the “TRID Rule”). If you’re participating in a residential real estate transaction in America, then these closing rules shall apply.

It’s worth repeating.  These rules (timelines!) apply to any home purchase:

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Mortgage Loans Calculator Facts

The Four Hidden Ingredients In Your Mortgage Loans Drug

If you’re using bank financing to buy any property, then you’re using a type of drug. As you know, some drugs can be therapeutic. While other drugs can kill you. It doesn’t matter what type of property you buy.  Whether you’re buying a single family home, apartment or commercial property, these principles are as relevant as the laws of gravity.

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How To Value Real Estate Investment And Property Correctly

If you’re buying any property—whether as a personal residence or investment—then you must know how to value real estate investment and property accurately. In a nutshell, there are three ways.  And a little-known fourth way that shall help you detect residential real estate market bubbles.  This killer infographic summarizes everything you’ll ever need to know on how to value real estate.

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Ride The Next Chicago Real Estate Wealth Wave

It just started.  Despite what numerous pundits previously alleged regarding a Chicago real estate recovery, it has only now started.  If you’re interested in buying property—or investment in general—then you don’t want to miss this next wealth phase in Chicago real estate.

This month, our insider technical analysis trigger (shaded green areas) secretly alerted us to the start of the next Chicago real estate wealth cycle.  Heeding the guiding principles in this simple chart remains especially important if you’re buying property using debt financing.

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