Peter Xantheas Chicagoland Real Estate

Peter Xantheas Chicagoland Real Estate Peter taught social studies in Chicago for several years. In 2007, he left teaching for real estate where he sold/leased hundreds of properties.

In 2013, Peter joined The MG Group at Compass Realty where he is one of The Group's senior sales agents.

Happy Pride Month! 🌈 The best month of the summer with an event-packed schedule on www.pridechicago.org
06/11/2026

Happy Pride Month! 🌈
The best month of the summer with an event-packed schedule on www.pridechicago.org

06/08/2026

I found these tidbits from the housing front interesting and thought I would share them.

* Boxabl sells innovative, factory-built modular homes. Their patented flat-folding design allows large, fully-furnished units to be easily transported on a trailer and unfolded on-site in about an hour. The Casita is a 375sf studio unit that serves as an ADU or standalone home. It comes pre-equipped with a kitchen (including appliances), a full bathroom, a washer/dryer, and heating/air conditioning. Prices start around $60,000. The Baby Box is a smaller, more budget-friendly unit that includes a kitchenette, a full bathroom, and a pull-out sofa bed priced around $20,000. They are built to stringent structural codes that often exceed traditional construction standards.

* New York, Dallas and Seattle are among American cities that are SINKING by 0.08 to 0.4 inches per year, according to new research published in the journal Nature. Mexico City is sinking by up to 11 inches per year! The major cause is groundwater extraction. Parts of Miami are seeing buildings sink 1-3 inches per year.

JUST CLOSED! 🎉 4 days on the market, multiple offers, and one incredibly happy seller. Our competitive pricing strategy ...
06/05/2026

JUST CLOSED! 🎉 4 days on the market, multiple offers, and one incredibly happy seller. Our competitive pricing strategy successfully drove high traffic and serious demand for this standout property. With its expansive kitchen, modern updates, and huge fenced-in yard, it’s easy to see why buyers fell in love so fast!

🏠Sale Details:
8667 Monaghan Dr, Tinley Park
5 BD | 3 BA | 3,100 SF
Sale Price: $615,000
chicago

JUST CLOSED! 🎉 This condo sold within 17 days of being on the public market! Steps from the lakefront paths and the Mag...
06/02/2026

JUST CLOSED! 🎉 This condo sold within 17 days of being on the public market! Steps from the lakefront paths and the Magnificent Mile, its new owners are stepping into an unmatched lifestyle. Congrats to my clients and welcome home to the new owners!

🏠Sale Details:
900 N Lake Shore Dr, #1604
1 BD | 1 BA | 900 SF
Sold Price: $290,000
chicago

06/02/2026

Here are some interesting real estate tidbits and economic news that I came across recently and thought that I would share. I hope you find it interesting.

* The number of U.S. properties with a foreclosure filing rose to almost 119,000 in the first quarter, according to property-data provider Attom. That marked a 26% jump from the same period a year earlier, the highest since the first quarter of 2020. (ATTOM)

* Homeowners aged 70 and older hold $13 trillion in housing wealth: roughly one out of every four dollars’ worth in the country. A paper from the Federal Reserve Bank of Philadelphia found that older homeowners (particularly those 70 and up) earn lower prices when they sell than their younger counterparts and the gap increases with age. An average 80-year-old seller would likely get paid 5% less than a 45-year-old. One reason behind the age-price is that older homeowners don’t invest as much in their properties. This can take the form of less renovation, more deferred maintenance, and higher rates of disrepair. About 25% of the difference in sale prices is attributable to this discrepancy. Older sellers also sometimes settle for a lower price because they don’t have the stamina or financial resources to oversee a big renovation or might be reluctant to spend part of their savings on what they perceive as unnecessary changes.

* Many Americans spend more on healthcare and insurance than on rent or their mortgage. This is because we are ALL paying for those without health insurance when they end up using an emergency room for a bad flu. When that happens the cost gets passed on to the taxpayers and those costs often exceed $2,000 - $3,000 per visit because federal law requires hospitals to stabilize patients regardless of their ability to pay. Those costs then get passed on to us – the taxpayers. In 2025, the average total annual premium for employer-sponsored family health insurance was nearly $27,000. Workers on average contribute $6,850 directly toward this premium with employers covering the rest.

If you are looking to buy, invest or sell in or around Chicago feel free to reach out to me at (773) 766-7864 or at [email protected].

Summer in Chicago hits different when you're standing where the skyline meets the shoreline. Whether you're looking for ...
05/29/2026

Summer in Chicago hits different when you're standing where the skyline meets the shoreline. Whether you're looking for a high-energy party or a quiet corner to read, the 2026 beach season has something for everyone. ☀️

05/28/2026

Hope you find the following real estate and economic tidbits interesting.

FROM THE REAL ESTATE FRONT:
As they once said, “It’s the economy stupid!”
* CNBC reports that buyers during the first quarter of 2026 were more concerned about the economy and mortgage rates than they were about home prices.

Market time is a serious concern for home sellers.
* A recent CNBC poll revealed that sellers are now more worried about wait time. Thirty-seven percent of responding agents said time on the market was their sellers’ top concern, compared with 30% at the end of 2025.

FROM THE ECONOMIC FRONT:
Here is an interesting take of capitalism from a staunch supporter of the capitalist system, Ed Elston:
*Ed Elson, who co-hosts Prof G Markets said the following, "The top 19 households in the US own 2% of all wealth. We have more private security guards than high school teachers in the US. Now you have this technology that promises to reshape the entire economy, and the people positioned to benefit are the same people who already own everything. Meanwhile, local communities are watching their electricity bills go up to power data centers they had no say in building."

Maybe we should cull some of our personal belongings to save us some money.
* Americans spend an estimated $39 - $44 billion annually on self-storage - a rapidly growing industry with over 52,000 facilities in the U.S. Nearly 10% of American households rent a storage unit with average monthly costs ranging from $100 to over $150, often exceeding $1,000 annually per user.

Check your homeowner’s policy if your home is held in a trust.
* Home insurance can cover losses for a home held in a trust but only if the trust is explicitly named on the policy usually as an "additional insured" or "additional named insured.” Failure to update the policy to match the deed can lead to denied claims as insurers view the trust as a separate legal entity.

The Chicago Cubs season is in full swing! Catch a game at the legendary Wrigley Field this summer!
05/27/2026

The Chicago Cubs season is in full swing! Catch a game at the legendary Wrigley Field this summer!

If you're only searching on Zillow, you're missing the full picture of the Chicago market.To find the hidden gems and ex...
05/22/2026

If you're only searching on Zillow, you're missing the full picture of the Chicago market.

To find the hidden gems and exclusive listings you could truly fall in love with, you need an insider’s edge. Let’s get you full access to the entire inventory today—including properties that haven't hit the public sites yet.
DM me today.

Honor our troops, veterans, and all those who have served our country with honor.
05/20/2026

Honor our troops, veterans, and all those who have served our country with honor.

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2350 N Lincoln Avenue
Chicago, IL
60614

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