Tag: Lakeshore Analytics

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Lincoln Park takes downturn in stride

Lincoln Park takes downturn in stride

It's not surprising that the neighborhoods with the highest incomes have weathered the housing downturn better than the ones with lower incomes. B ...
Prices down, but wealthy neighborhoods avoided roller coaster

Prices down, but wealthy neighborhoods avoided roller coaster

It's been a wrenching few years to watch price and volume movements in many of Chicago's neighborhoods. These metrics are prone to doing strange t ...
Home prices – a welcome V shape in some neighborhoods

Home prices – a welcome V shape in some neighborhoods

Several neighborhoods that had seen a steep decline in median selling prices in recent quarters saw an equally steep rise last quarter. The effect ...
A double-digit increase in the city’s condo market

A double-digit increase in the city’s condo market

The third quarter of 2012 was a good one in the city's condo market: sales volume increased by almost 12%, and median selling prices by almost 11% ...
Housing starts rise nationally, but Chicago permit data shows little activity

Housing starts rise nationally, but Chicago permit data shows little activity

The level of housing starts in the U.S. (data not available at the city or county level) has increased noticeably over the past 12 months, but bui ...
Pain might be ending for Chicago’s lowest Case-Shiller tier

Pain might be ending for Chicago’s lowest Case-Shiller tier

One thing to watch in the Case-Shiller home price index is the tiered breakout. S&P assigns each pair in the paired-sale analysis to the top, midd ...
Rogers Park condos continue their long slide along the bottom

Rogers Park condos continue their long slide along the bottom

The bad news first: the median selling price of a condominium in Rogers Park last quarter was $62,500. But the good news is that they are selling ...
Home prices headed in the right direction – down

Home prices headed in the right direction – down

Today’s front-page Tribune article on housing prices in the region reports that sales volume has been rising in each of the last seven months, but ...
Condos fare worse than houses in lowest tier

Condos fare worse than houses in lowest tier

In my most recent post, I wrote about how condominiums, all else equal, can fall in value farther than houses due to underwriting standards issued ...
Why condo prices can fall harder than house prices

Why condo prices can fall harder than house prices

Earlier this week, I wrote about three neighborhoods -- Rogers Park, Humboldt Park, and Irving Park -- whose condominium markets have been pummele ...
Tough time for condos in three once-strong markets

Tough time for condos in three once-strong markets

Condominiums in Rogers Park, Humboldt Park and Irving Park -- three neighborhoods that once had strong new development and high selling prices -- ...
Two straight lines in Chicago housing report

Two straight lines in Chicago housing report

Compiling market statistics in Chicago neighborhoods has usually meant looking at a lot of jagged (and mostly downward-pointing) lines over the la ...
Median selling prices take a hit on northwest side

Median selling prices take a hit on northwest side

The last time I wrote for YoChicago, I highlighted several neighborhoods whose sellers were holding out for a higher price -- in other words, neig ...
Lincoln Park, West Town condo sellers holding out for price – and getting it

Lincoln Park, West Town condo sellers holding out for price – and getting it

Owners of condominiums and single family homes in one of Chicago's priciest neighborhoods, Lincoln Park, have not, on average, settled for lower s ...
Strong third quarter single-family sales on Chicago’s north side

Strong third quarter single-family sales on Chicago’s north side

The three months ending September 30 were a boon to single family home sales in several key north side neighborhoods, including Edgewater (up 91% ...
A strong third quarter for Chicago real estate

A strong third quarter for Chicago real estate

Although the Chicago-area economy has seen 8 months of increasing unemployment, the city's housing market showed some signs of optimism in the thi ...

Distressed sales drag city metrics down

The number of homes sold in Chicago increased slightly in the second quarter of 2011, but the pernicious influence of distressed sales has been draggi ...
Home sales down in most neighborhood markets

Home sales down in most neighborhood markets

Earlier this week, I wrote that sales were down significantly across the city in the fourth quarter of 2010 -- specifically, sales of houses were down ...
Homeowners still confident in owning vs. renting, says Fannie Mae

Homeowners still confident in owning vs. renting, says Fannie Mae

Amid a torrent of negative stories on housing, it is worth pointing out that housing has a function other than as an investment: namely, as a cont ...
Cook housing inventory grew as population declined

Cook housing inventory grew as population declined

Even as the population of Cook County fell by 141,000 from 2000 to 2007, the number of housing units rose by 75,000. The simple law of supply and ...
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