Custom Built Chicago Home

Spring Chicago Residential Construction Update

Custom Renovation and Building Update

Custom Built Chicago Home

Custom Renovation work is up, custom building is down.  New purchase contracts are up, and so are interest rates and home values too.  Pat details the type of custom renovation and building projects that we and many of the management teams in Chicago and Naperville are seeing so far in 2018.  He even takes time to pick on the millennial generation as a reason for the high number of contracts that are falling out.  Lastly he will detail why SGHB Values and mission is to Be TRUE.  Get your head phones ready this is going to be a good one!

 

Basement Renovation, Water Damage

Why Is My Basement Flooding?

Why Is My Basement Flooding?

Basement Renovation, Water Damage

On this episode of Secrets of Homebuilders Pat Cardoni dives into the specifics of dealing with water issues.  Water in your basement can not seem like a big deal if you are not using the space.  However, when it comes time to selling your home, buyers will be holding back their offers because of scarcity of the potential issue long term.  In Chicago the smaller lots are a big cause for concern and dealing with the water damage needs to be something that is addressed as soon as possible.  Some water issues are simple, while other are a cause for giant headaches.  Know the facts before you put a lot of money into a renovation that may not be preventing water damage long term.

If you are dealing with a water related issue of your own, please call us so we can assess and guide you in the right direction, 847.602.7641 or email Ryan@SGHomeBuilders.com

 

Custom Home Builder

Creating Value Using Construction in 2018

How to Create Value Using Construction in 2018

Custom Home Builder

Pat Cardoni COO SG Home Builders

Creating value using construction will always be the backbone of Chicago’s real estate market.  Pat has been a part of a the rising and falling in real estate for over 15 years.  He understands that there are certain market conditions each year that effect the way that investors and homebuyers are going to do business.  Most importantly he is tired of seeing consumers pay top dollar for housing because they do not understand how they can use construction financing to create value for themselves.  In this episode you will hear Pat discuss the rise in consumers looking to remodel their existing homes due to rising interest rates.  He also dives into the potentially higher prices of homes in 2018 due to a 15 percent drop in inventory in 2018.  How can you as a consumer take advantage of rising rates, rising pricing, and still end up with more wealth on your personal financial sheet?  Listen and learn from Pat Cardoni.

 

Chicago Developer

Chicago Development Projects Start With Marty Paris

What Does It Take To Dominate Development Projects In Chicago?

Chicago Developer

Marty Paris Founder and President of Sedgwick Development

As the leader of one of Chicago’s top development companies Marty Paris knows his way around the block.  In this episode of Secrets of Homebuilders Marty gives an up close look into being a Chicago Development company and shares what it is like to manage the construction, but have no skin in the game for the development.  Marty discusses how he got started in development of projects and reveals the number of projects that he and his team are currently working on in Chicago.  For those of you looking to start Chicago Development, you may want to listen to what Marty has to say about the current state of the market and his feelings on the future.

SOH_Episode_11_Return of Carrie McCormick

What does Chicago Real Estate Look Like in 2018?

Carrie McCormick – Real Estate Broker with @Properties

Carrie McCormick returns for part two.  In this episode Pat and Carrie discuss the ways that the stock market rise and confidence in the economy could lead to a booming year in real estate in 2018.  Carrie also discusses how development in neighborhoods not only increase the value of homes, but it also helps create better schools in the area by raising the bar of student and parent involvement.  More development in your neighborhood gives the consumer the opportunity for custom renovations and rehab work to be completed.  From a developer perspective, it is important to know the areas and neighborhoods where there are value plays on the way, and when to hit the stop button as neighborhoods hit their peak in value.  Pat also reveals that Carrie will be joining the Board for the Home Builders Association of Greater Chicago.

 

Secrets of Homebuilders

SOH_Episode_10_Danielle_Dowell

Secrets of Homebuilders

Danielle Dowell – Real Estate Broker – Berkshire Hathaway

Danielle Dowell burst into the real estate market and dominated her craft from start to finish.  She learned the real estate business from the ground up and now leads the direction for many developers looking to build the hottest property and attract buyers to the location.  She understands that making money in real estate starts with research and is willing to put in the effort to make a project perfect.  Her and Pat both understand that to make a custom renovation or new construction project work you have to set expectations that are realistic.

SOH_Episode_9_Carrie_McCormick

Looking to Custom Build? Buckle Up!

Carrie McCormick – Real Estate Broker with @Properties

Carrie is one of the leaders in the Chicago real estate industry.  On this episode she details the conversations that developers and custom home building clients must have when it comes to making decisions on their projects.

Construction Lending

SOH_episode_8_Mark_Verni

Not All Construction Loans Are Made the Same

Construction Lending

Mark Verni – Associated Bank

We know we have interviewed a lot of construction lenders, but let’s face it without the money there is no new construction custom dream home building.  Mark Verni and Associated Bank are putting their mark on Chicago by using common sense lending for construction financing.  Custom Home Building requires a lot of talent and it starts with a talented lender.

kitchen design

SOH_Episode_7_Kitchen_Designer

Tips from a Kitchen Designer

kitchen design

Colette Rodon Hornof – Vesta of Hearth and Home

Do you know what design that you want for your kitchen?  With custom home building the kitchen is often the most important room in your entire house.  Before you make the decision for design options on your kitchen take time to listen to this podcast.  Picking out appliances is just the start of your kitchen.  Designing your kitchen involves understanding your needs, your scope of use, your entertainment value, and then you need to decide what style you prefer.  This is all before you start picking out the hardware.  Colette Rodon Hornof of Vesta of Hearth and Home brings 26 years of kitchen design knowledge to this episode.  Buckle up and get your kitchen design ready!

lender

SOH_Episode_6_Lender_Is_Advisor

Your Lender is Your Advisor, NOT an ATM

Chad Lubben – Peoples Home Equity

On this episode of Secrets of Homebuilders Pat Cardoni interviews Chad Lubben from Peoples Home Equity and discusses the true role of your lender in the custom construction transaction.  It is often the lender that holds your transaction together.  However, you want a lender that can talk some sense into you vs letting you build a home that you really cannot afford.  Find someone that is your friend, but that can sit you down and talk to you like an advisor, even if that means popping your dream of the perfect house into pieces.  Custom home building may seem like the right thing to do, until you review your financials and realize you need a few more years to save up.