The Parking Pickle Solution to Parking for Rent or Sale

"Urban parking can often be a real pickle", says Shane Montgomery, Co-Founder of ParkingPickle.com. The urban environment is full of advertising pitfalls making it difficult to let the public know when and where parking is available. Parking for sporting events such as Baseball, Football, Hockey, or professional basketball can be an even more confusing chore for consumers. ParkingPickle.com has put it all together and launched a new time sensitive geo-locating urban parking solutions website that is free for the public to post 'parking available and 'parking wanted' advertisements.


Users are free to post an individual spot or an entire parking lot within the system created by Co-Founders, Shane Montgomery and Norm Leong of Chicago, IL. "We wanted to shore up a hole in the real estate advertising marketplace that exists in parking by creating a special place to register, list, and advertise parking wanted or parking available. Currently the site is best suited for the United States, but will be amended to capture other foreign markets in the future. Home game schedules are listed for several cities including Baltimore, Boston, Chicago, New York, and Washington D.C. Sports fans can search for parking available near stadiums in those cities. More cities will be add as time moves along.

So, if you need to advertise parking for rent, sale, or lease then ParkingPickle.com is the number one place for you to get the word out. This site geo-locates parking and allows those in a specific place to find exactly what they are looking for in parking terms. Stay tuned for more from these two as the future look bright as mobile versions are added soon.

For more information go to ParkingPickle.

Parking Pickle | Urban Parking Solutions

2009-2010 Real Estate Transfer Tax Projected Revenues: Chicago Transfer Tax Revenues

The City of Chicago's broadest measure of real estate demand can be determined by the amount of transfer tax collected (tax stamps) between a given period of time. Based on the information provided to the Chicago Association of Realtors® by the City of Chicago, one can easily see the broader market decline in terms of overall transaction demand. Buyers are drawn to high quality properties that will retain desirability over the three (3) to five (5) year term. The estimated projection of transfer tax collected in 2009 is less than half of the 2008 tally. Thus one could reasonably assume since transfer taxes increased by 30% between 2008-09 then the market will decline by well over 60% measured on total dollar volume. These numbers do not bode well for prospective sellers because the diminished pool of buyers will not be bidding the prices nearly as high as in the past. The City of Chicago is projecting a $519,000,000 deficit for FY 2010.

Real Estate Transaction Transfer Tax (source: City of Chicago, Illinois, Cook County)

Historically -

• 2002 $140 million range
• 2003 $150 million range
• 2004 $200 million range
• 2005 $230 million range
• 2006 $250 million range
• 2007 $210 million range
• 2008 $120 million range
• 2009 EST $55 million range
• 2010 EST $53 million range

Chicago Real Estate Market Graph | Lakeview | 3 Bedroom

Why has the three (3) bedroom real estate market in Lakeview Neighborhood of Chicago, IL remained relatively stable over the past four years?

What are your thoughts?

Please leave your comments and ideas.