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Article: Brokers have to do extra hand-holding; Nervous buyers fret, sellers call constantly (until the Xanax arrives).(Business of Life)
- Article from:
- Crain's Chicago Business
- Article date:
- June 9, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: LAURA BIANCHI
After 18 months of searching, and perhaps 75 house tours, Justin Tauber still had no new home on the horizon.
"I thought we were never going to find a place,'' says Mr. Tauber, 30, a trader at the Chicago Board of Trade.
He and fiancee Brittany Fritzsche, 25, a business evaluation consultant for American Appraisal in Chicago, are getting married this month and wanted to move from their River North condo into a single-family home.
As the housing market tumbled, Mr. Tauber had nurtured expectations of finding a bargain. But he snapped to attention after a house listed at $2.9 million that he was watching sold for near its asking price-$2.8 ...