Quentin Green

@minc798 8-10 typically does it. We’ve had had agents write up 25% over ask eight unseen just to lock it down bc they have ptsd form missing out. It’s normally one or two agent who blow it out of the water tho and everyone else is in a similar range.

Chicago residential realtors especially - how many bids does it take to see stuff going for $100K, $150K, $200K+ over ask like these?

@Eric_Erins Gold Coast shoe repair on State. Not cheap but good work.

Does anybody have a cobbler they really like in Chicago the soles on my favorite boots are getting shot

@AJManaseer Exactly. There are damages here.

The other odious thing about this story is that these tenants *have already* cost the owner money. No landlord in their right mind is going to buy this building and deal with these nutjobs. He has a case for tortious interference.

@TraceyRyniec @StatisticUrban Agreed, for normal people. The person who buys this will cherish the fact that they’re are higher up than everyone else. It’s a weird psychological component I’ve seen in some peopl.

@StatisticUrban Here's my problem with it: there IS a time when being that high just isn't that great. We have this in Chicago's John Hancock. Views are okay but no real connection with the earth. You don't hear birds or even see people. It can be cold and distant living.

The world's highest duplex residence is for sale. Stunning views of Manhattan. Two floors. 12,000 square feet. Yours for only $128 million.

@leadlagreport Venezuela

WHY

@Acyn Inject this into my veins

Pritzker: The problem is clear: rent is too high and home ownership is too far out of reach. The cause is clear, too: we are not building enough homes fast enough. In many places, local regulations have made it too difficult and costly to build new housing. Some of the rules even have shameful roots that go back to the days of redlining. Often, the problem is a failure to modernize and keep up with the changing times we live in. It all adds up to bureaucratic red tape that unnecessarily increases costs, delays construction, and frequently kills projects altogether.  For example, local parking mandates often require a uniform minimum number of spaces for every new build – even in places where people don’t have cars because they have ample public transit and available street parking. Unused parking spots add millions of dollars in costs and severely limit the number of new units that can be built affordably. Spaces for cars are being prioritized over spaces for people.  The great news is we have developers ready to build homes and Illinoisans who need them – but it doesn’t get done because of these regulations. It’s on us to help fix it.

@KobeissiLetter Last two weeks of the year and first two weeks of the year don’t count. This is Rookie ball.

BREAKING: US Pending Home Sales unexpectedly fall -9.3% month-over-month, far worse than the -0.3% expected decline. This marks the largest decline since the pandemic in 2020.

@stoolpresidente This whole post was a dig at osu.

What Curt Cignetti has done at Indiana is without a shadow of a doubt one of the most impressive things I’ve seen in the history of sports. Indiana was one of the worst football programs in the history of college football. I thought Cig was a clown during that initial presser when he said “google me”. I was like this guy is gonna get throttled by the big boys. Instead it only took him 2 years to turn Indiana into a dominant national power. Sure NIL helps but still this is insane. It seemed beyond impossible to ever do it but to do it this fast? I still can’t believe it. The Big 10 now goes through Ann Arbor and Bloomington. Who would have ever dreamed it?

@CollinRugg Was this investigation not opened up under Biden FBI?

NEW: ESPN's Stephen A. Smith says the NBA game-rigging mafia-linked scandal uncovered by the FBI is President Trump's revenge, says this is only the beginning. "Don't be surprised that the WNBA is next on his list." "Because when you've got all of these protests that have been going on out there and people that have been protesting against him and what have you, this man is coming. He’s coming." What a horrible take.

@StealthQE4 Or markets just priced in somewhere between 25 bps and 50 bps prior to that cut…

The bond market has completely rejected the Fed’s rate cut. Yields have ripped higher following an initial drop on the rate cut announcement. The rate cuts had the exact opposite effect of what the Fed wanted. Mortgage rates will now spike.

@VladTheInflator This is one of the worst accounts out there

Figuring out value of homes is pretty simple. Take the payment the last time the home sold in a normal market Correct for interest rates then vs now Adjust that payment for inflation You have the actual price of the home

@SantiagoAuFund Correct take.

Governments are essentially protection rackets. People will put up with lots gov sponsored terrors if feel physically safe. But if gov doesnt protect them & people no longer feel safe, then people will challenge govs monopoly on violence. This is where parts of Europe is at now.

Meh. Just bc you don’t think there’s room for prices to go up bc they didn’t go down when rates went up isn’t really an argument. People underestimate how hard it is for real prices to materially go down. You need a ton of supply. Lower rates typically lock up supply and increase first time buyer pool all else being equal.

He’s right. Plus when rates do drop significantly it will likely be because the economy is in the toilet and unemployment will be higher making the housing problem even worse.

@ThinkAppraiser Mortgages are amortized. So you stick to the schedule until it’s completely paid off. I’d never make additional payments and would invest the rest. Once you have enough saved to pay it off, then why not. Making additional payments feels good, but it’s not the right move.

My rental is at 4.75% and I’m paying extra each month Payment is $800 I’m paying $2400/month so it will be paid off in 3 more years I got the loan in 2015 It’s rented for $2200/month Would I be better off investing into stocks With that extra $1600/month or should I continue paying off the rental? My goal is to pay off all the rentals eventually so I figure I should try to pay extra on this one then pay it off and pay extra on the next mortgage with all $2400 plus the existing mortgage so I’ll pay $3050 each month on the next one to pay that off early too Not sure if it’s smart but it feels good If you have rentals and plan to pay them off what is your plan?

@CollinJHumphrey 14k-15k should be a 3-4 unit zone.

Just had a client. I’m working for right now have a guy come over and service his mini split. We asked him how much they charge for mini split Installs and he said between $12,000 and $14,000. Yeah, there’s definitely a gap here in this market right now. Might be time to learn how to install these puppies and disrupt a little bit.

@DanProft I don’t necessarily disagree with this and love twisted spoke. Grew up going there as a kid. But grand retail has also become a very hot commodity. There is already a new tenant in place with plans to open a soccer pub (assuming based on permit data).

“The costs of running the Twisted Spoke and labor costs and so forth, and food costs, and really the operating, it’s just so hard to come out” ahead, he said. “Late-night dining has changed a lot. Staffing has gotten incredibly expensive. Real estate taxes are spiraling out of control. It just seemed like it was time.” +++ Tough to make it make sense in Chicago these days.

@stoolpresidente Chicken tenders

Barstool Pizza Review - Ranalli's Pizza Bar (Chicago, IL)

@khalil_knows 2 no doubt

I ignored the stager's advice. Which option do you prefer?

@murphy_thom @NewsLambert Yeah they’re the Google for RE for the consumer. But 90% of them still get rerouted to another platform once they start working w an agent.

@CHIREALTOR @NewsLambert Are you crazy? Buyers live on ZILLOW. They have the app on their phone and live on that site. Buyers think Zillow is the Bible for Real Estate.

ZILLOW FIRES BACK #NEW Zillow announces a new policy that if a home is publicly listed for sale in a private network, it will never appear on Zillow rismedia.com/2025/04/10/zil…