Michael P.W. Grebenick Coldwell Banker Realty

01/12/2026

Recently I heard the Executive Office mention that there was a team assigned to look into limiting large institutional corporations ability to purchase homes like BlackStone (aka BlackRock), State Street, Vanguard, etcetera, etcetera, due to them driving up and inflating home prices with them offering 10's of thousands over asking​ price cuting individual like 1st time home buyers out of the market. As a home owner we all benefit from these types of sales on one hand as it only drives our values up as we use those inflated sales as our comparables when we decide how much to list our homes. So it could be a good thing. On the other hand if you are not planning on selling and wanting to stay in your home long term then these inflated sales are also inflating your assessed values which your property taxes are calculated from which is not so good if you are a senior on a fixed income. You very well could be taxed right out of your home but where are you going to go. This trend is in every market almost and your only option would be to downsize furth or move to a rual area where they may not provide the same senior services you need. So what do they do? Now me personally I dont think it would be constitutionally allowed to limit corporations from purchasing homes and property as they have a right to the markets as any individual similar to the verdict ruled under Citizens United In the Supreme Court. (A quote from Mitt Romney from when this ruling was passed was "Corporations are People my Friend") in the past the average age of first time home buyers was in their late 20's and then it went to 30's and now its mid 40's. As a professional Real Estate Broker myself I benefit from these inflated prices. As a home owner not planning to sell anytime soon me and my friends and families are being damged by this activity as well as all the first time home buyers who cant win a bid or cant afford the inflated prices people are asking now. So.... what do you think? Should we limit large institutional ownership of single-family homes?

11/28/2024

😊 Happy Thanksgiving! 🦃🍁 Let’s take a moment to reflect on the blessings 🙌 in our lives and share kindness👑 with those around us. May your day be filled with gratitude, joy, and warmth. 🍂✨ Wishing everyone a beautiful and blessed holiday!"

-Michael P.W. Grebenick - Professional Real Estate Broker Coldwell Banker Realty LLC.

12/06/2023

Went to LA Fonda for a burrito and look what they gave me with my change. Buffalo 🦬nickel.

12/06/2023

This is my fate:

Leonardo DiCaprio Evolution 🎁😙

12/06/2023

Leonardo DiCaprio Evolution 🎁😙

11/27/2023

Enjoy the laugh. 🏕🏠🏡🏘🏫

11/27/2023

So true! Enjoy - super funny and I love the accent. 🏕🏡🏠🏘🏢

04/22/2023

A day late I extend my warmest wishes to everyone observing Eid al-Fitr. I hope that your month of Ramadan led to a meaningful time of self-reflection and strengthening of important relationships in your life.

In the spirit of community and generosity this special holiday represents, I hope this occasion brings a welcoming year to all that celebrate.

From my family to yours, Eid Mubarak

09/21/2022

Open house this Saturday from 10:00 am. - 12:00 pm.

11 Sugar Maple Ct. lake in the Hills, Il. 60156

The Lakes of Boulder Ridge Community.

OPEN HOUSE: Saturday, September 24, 2022 10:00 AM - 12:00 PM. For Sale - 11 Sugar Maple Ct, Lake in the Hills, IL - $535,000. View details, map and photos of this condo / townhouse property with 3 bedrooms and 3 total baths. MLS # 11622590.

08/22/2022

07/20/2022

Thinking of ? My firm and I can help with that! Before you make that move make sure it's with the help and guidance of a professional!

Coldwell Banker is not just your local Brokerage we are National & International Broker with a network the 🌎 over. Let us refer you to the right agent - anywhere you wanna be.