Tag: Market conditions

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The state of the nation’s housing

The state of the nation’s housing

Each year Harvard University's Joint Center for Housing Studies publishes a much-anticipated and widely-read report on The State of the Nation's H ...
Were Illinois home sales up or down in May?

Were Illinois home sales up or down in May?

The answer to the headline question depends on which data source you're looking at. According to the Illinois Association of Realtors (IAR), th ...
Vetro studio returns to market as pricier one-bedroom

Vetro studio returns to market as pricier one-bedroom

If you're looking for a 1-bedroom condo your new listing search will surface Unit 1401 at Vetro, 611 S Wells. The unit was one of 40 Vetro cond ...
What’s really the fastest-selling neighborhood in Chicago?

What’s really the fastest-selling neighborhood in Chicago?

Chicago Real Estate Daily has a report that spotlights the five community areas that had the shortest average market times for single-family homes ...
MLS-listed Edgewater rentals reach a low

MLS-listed Edgewater rentals reach a low

There were 43 homes, apartments and condos listed for rent in the local Multiple Listing Service in ZIP Code 60660 as of yesterday morning. That's ...
Some profit, some lose at 565 Quincy

Some profit, some lose at 565 Quincy

When 565 Quincy slashed prices early in 2010 it was one of the last projects to join the price cutting that was prevalent in the condo market at t ...
Illinois ranks fourth nationally in foreclosure filings

Illinois ranks fourth nationally in foreclosure filings

According to a just-released RealtyTrac report, Illinois had the fourth highest rate of foreclosure activity in the nation. Per RealtyTrac: Ill ...
Metro Chicago home prices continue to rise

Metro Chicago home prices continue to rise

CoreLogic's April Home Price Index reflects prices that have continued to rise, and CoreLogic is projecting that prices will rise nationally 6.3 p ...
Million-dollar sales up 21% in Chicago through April

Million-dollar sales up 21% in Chicago through April

The following market update arrived via a news release from RE/MAX Northern Illinois: The Chicago-area luxury home market continued to gain g ...
RealtyTrac reports home price appreciation accelerated in April

RealtyTrac reports home price appreciation accelerated in April

According to RealtyTrac data, the median sales price of U.S. residential properties — including both distressed and non-distressed sales — was $1 ...
MLS-listed rental market strengthening in downtown Chicago

MLS-listed rental market strengthening in downtown Chicago

The number of MLS-listed homes and condos listed for rent in the 14 downtown ZIP Codes that we track stood at 919 yesterday, down from 1,008 just ...
Rising prices and thin sales volumes spell danger

Rising prices and thin sales volumes spell danger

If you've been an observer of Chicago's real estate cycles for an appreciable amount of time, you've seen the current script played out repeatedly ...
Chicago-area loan delinquency, foreclosure rates down sharply

Chicago-area loan delinquency, foreclosure rates down sharply

According to statistics released yesterday by CoreLogic, the percentage of Chicago metro area mortgage loans that are more than 90 days delinquent ...
Illinois foreclosure starts down, completions up year-over-year

Illinois foreclosure starts down, completions up year-over-year

According to data just released by RealtyTrac, Illinois had the sixth-highest rate of foreclosure filings in the nation, with one in every 706 Ill ...
MLS-listed rental supply plunges in Edgewater, Rogers Park

MLS-listed rental supply plunges in Edgewater, Rogers Park

A month ago there were 154 homes, apartments and condos listed for rent in the Multiple Listing Service in ZIP Codes 60660 and 60626. As of late y ...
Who will buy this remodeled Grand Boulevard home?

Who will buy this remodeled Grand Boulevard home?

In June of 2007 a single-family home at 4842 S Calumet Ave sold for $565,000 subject to a $565,000 mortgage. Early in 2008 it went into foreclosur ...
Chicago-area home prices increase

Chicago-area home prices increase

CoreLogic released its March Home Price Index (HPI) report yesterday: In Chicago-Naperville-Arlington Heights, home prices, including distresse ...
A tight-as-a-noose North Shore rental market

A tight-as-a-noose North Shore rental market

The rental market for MLS-listed North Shore homes and condos in the New Trier School District is as tight as we've ever seen it. As of yesterd ...
Available MLS-listed downtown rentals at 6-month low

Available MLS-listed downtown rentals at 6-month low

Just over 1,000 homes and condos were listed as available for rent yesterday in the 14 downtown ZIP Codes that we track. The 1,008 listings were t ...
Illinois ranks third in seriously underwater mortgages

Illinois ranks third in seriously underwater mortgages

RealtyTrac today released its U.S. Home Equity & Underwater Report for the first quarter of 2014. Thirty percent of all Illinois homes with a mort ...
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