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Did you just call me Coltrane? 12-20-2005 12:12 PM

Housing Market
 
Quote:

Originally posted by ltl/fb
Boys Town is very stable. We are all looking forward to pictures of you in chaps (and nothing else) in front of your lovely new home. Um, from the back, please.
Not quite in Boystown, but it's not a bad a idea to follow the gays - their flowers/yards are fabulous, which increases the vaule of the entire neighborhood.

You want a picture of my ass? Why didn't you just ask?

ltl/fb 12-20-2005 12:14 PM

Housing Market
 
Quote:

Originally posted by Did you just call me Coltrane?
Not quite in Boystown, but it's not a bad a idea to follow the gays - their flowers/yards are fabulous, which increases the vaule of the entire neighborhood.

You want a picture of my ass? Why didn't you just ask?
*sniff* I miss Chicago. Uh, except for the weather. And the lack of any sunshine whatsoever.

Your ass in chaps, baby.

Truth to tell, I know nothing about housing prices in Lakeview. I rented, and it was a long time ago.

Replaced_Texan 12-20-2005 12:14 PM

Housing Market
 
Quote:

Originally posted by Did you just call me Coltrane?
Not quite in Boystown, but it's not a bad a idea to follow the gays - their flowers/yards are fabulous, which increases the vaule of the entire neighborhood.
2. I live in Montrose in Houston, and the yard of the month competition can be cutthroat. Note: never cut your gay next-door-neighbor's vines.

I bought this book for Christmas for my sister who lives in the Mission District in San Francisco. It's sort of a look at bohemian neighborhoods and it focuses specifically on Wicker Park in Chicago. I may end up stealing it from my sister.

taxwonk 12-20-2005 12:19 PM

Housing Market
 
Quote:

Originally posted by Did you just call me Coltrane?
What do we think? I'm very close to buying a place in Lakeview - I think it's a great deal (compared to surrounding sales in the area). It's not new construction, and actually needs some work (which I like). Moreover, it's not a stepping-stone place; I plan to stay there for at least five years.

The Lakeview market is in no danger of moving drastically in any direction, right?
If it's in "West Lakeview" (i.e., around Ashland or Damen) then it's a strong growth area that's really only in the early stages of gentrification. That makes the five-year appreciation potential huge. Negatives are you might not want to do much walking around at night until you get a good feel for the neighborhood, and there is not nearly as much public transtportation. My brother lives near Barry and Damen and he drives downtown because it would be over an hour commuting by bus to the el.

Did you just call me Coltrane? 12-20-2005 12:19 PM

Housing Market
 
Quote:

Originally posted by ltl/fb
*sniff* I miss Chicago. Uh, except for the weather. And the lack of any sunshine whatsoever.

Your ass in chaps, baby.
I think we get a decent amount of sunshine. Of course, it's 12 degrees right now, so who really cares.

I'll PM you a picture of my chapped ass.

Did you just call me Coltrane? 12-20-2005 12:23 PM

Housing Market
 
Quote:

Originally posted by Replaced_Texan
2. I live in Montrose in Houston, and the yard of the month competition can be cutthroat. Note: never cut your gay next-door-neighbor's vines.
It's unbelievable how much better a well-landscaped 12x12 front yard makes a street look, especially when they are all beautiful.

Did you just call me Coltrane? 12-20-2005 12:24 PM

Housing Market
 
Quote:

Originally posted by taxwonk
If it's in "West Lakeview" (i.e., around Ashland or Damen) then it's a strong growth area that's really only in the early stages of gentrification. That makes the five-year appreciation potential huge. Negatives are you might not want to do much walking around at night until you get a good feel for the neighborhood, and there is not nearly as much public transtportation. My brother lives near Barry and Damen and he drives downtown because it would be over an hour commuting by bus to the el.
Not quite that far west. In fact, it's on Racine.

taxwonk 12-20-2005 12:57 PM

Housing Market
 
Quote:

Originally posted by Did you just call me Coltrane?
Not quite that far west. In fact, it's on Racine.
Then you're pretty much golden. Housing prices will drop in that area about the same time Thurgreed does NFH. And posts about it.

Aloha Mr. Learned Hand 12-20-2005 01:10 PM

Quote:

The Lakeview market is in no danger of moving drastically in any direction, right?
No, but if it does it'll be up rather than down.

Did you just call me Coltrane? 12-20-2005 01:28 PM

Quote:

Originally posted by Aloha Mr. Learned Hand
No, but if it does it'll be up rather than down.
Cool. Thanks.

I wanted to buy in a more up-and-coming area, but that's b/c I can walk anywhere at night w/out really being worried. Sequels cannot.

baltassoc 12-20-2005 01:55 PM

Quote:

Originally posted by Did you just call me Coltrane?
Cool. Thanks.

I wanted to buy in a more up-and-coming area, but that's b/c I can walk anywhere at night w/out really being worried. Sequels cannot.
When I got here a year ago, theoretically with hip young family in tow, Lakeview was the neighborhood the agent I was working kept pointing me to, despite it being kind of outside his normal region (which was Lincoln Park, the area one of the partners thought would be "just perfect" fro me - apparently under the mis-impression that my firm pays associates $300,000 a year).

So if you're looking for a fairly safe neighborhood that is moderately hip but will transition you into early parenthood (if that's in your future), you're probably in the right place.

Did you just call me Coltrane? 12-20-2005 03:00 PM

Quote:

Originally posted by baltassoc
When I got here a year ago, theoretically with hip young family in tow, Lakeview was the neighborhood the agent I was working kept pointing me to, despite it being kind of outside his normal region (which was Lincoln Park, the area one of the partners thought would be "just perfect" fro me - apparently under the mis-impression that my firm pays associates $300,000 a year).

So if you're looking for a fairly safe neighborhood that is moderately hip but will transition you into early parenthood (if that's in your future), you're probably in the right place.
I don't really care about hip. I really just need safe and somewhat quiet (but not the suburbs). River North aint that quiet.

baltassoc 12-20-2005 05:13 PM

Quote:

Originally posted by Did you just call me Coltrane?
I don't really care about hip. I really just need safe and somewhat quiet (but not the suburbs). River North aint that quiet.
When I say "hip," I mean that there's interesting stuff to do around. There are some decent places to eat around there; some nice shops, etc.

As for River North, tell me about it.

Cletus Miller 12-21-2005 12:26 PM

Housing Market
 
Quote:

Originally posted by taxwonk
If it's in "West Lakeview" (i.e., around Ashland or Damen) then it's a strong growth area that's really only in the early stages of gentrification. That makes the five-year appreciation potential huge. Negatives are you might not want to do much walking around at night until you get a good feel for the neighborhood, and there is not nearly as much public transtportation. My brother lives near Barry and Damen and he drives downtown because it would be over an hour commuting by bus to the el.
Not that this matters to Coltrane, but South of Belmont and west of the tracks, this may be true, but from Belmont to Irving Park, Ashland to Western, the gentrification is nearly complete. Teardowns on my block have recently crossed the $500k barrier. And "West Lakeview" has been almost completely supplanted by Roscoe Village and St. Ben's/North Center for those neighborhoods. Haven't heard of anyone having any problems walking around at night in the last 4 or 5 years other than the stuff you get anywhere on the northside.

South of Belmont, while I know people who live there happily with kids, I wouldn't buy yet because of (i) the still crummy neighborhood elementary school and (ii) the proximity of the Lathrop Homes. I just don't understand spending $400k+ on a condo or $800k+ for a house directly across the street from a large-ish public housing project that isn't going away. But hey, it's their money.

In any case, 2 (or 4 or whatever) on not worrying about a value crash for property on/near Racine--especially since you aren't buying the most expensive place on the block, you can count on it staying ahead of the market as a whole.

Aloha Mr. Learned Hand 02-03-2006 12:27 PM

Actual Salary News...
 
Certain Chicago firms have begun bumping 1st year salaries to $135k from $125k, after almost 6 years of stagnation.


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