Author Archive | Bruce Darata

Homeowner’s Opinion of Value Still Outpaces Appraisal Values in Chicago

Have you ever wondered what your home was worth?  Have you ever had a challenge with what the appraiser’s opinion of value is?  Every month, Quicken Loans measures the Home Value Index (HVI) and the Home Price Perception Index (HPPI) to identify trends in various metropolitan markets. Nationally, in October, 2015, the homeowner’s estimation of […]

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The State of the Chicago Area Office Market

Being involved in the commercial real estate business, people often ask me, “How is the market?” Of course the inevitable response is “That depends”. Each market segment has characteristics, which react to internal and external economic stimuli in different ways.  In this article we will look at the office market in the broadly defined East/West […]

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