Tag: Market conditions
Wilmette teardowns are back
Travel back in time to the spring of 2006 and you would have found more than 100 homes on the Village of Wilmette's list of pending and approved d [...]
North lakefront MLS-listed rentals on the rise
The number of MLS-listed homes and condos available for rent in six north lakefront ZIP Codes from Lincoln Park to Rogers Park is 16% higher than [...]
Roscoe Village single-family sales appear to be hot
We drove around most of Roscoe Village yesterday looking for apartment for rent signs and saw only one.
We did note about a dozen new homes, m [...]
Checking prices at Union Row in East Pilsen
It's been a while since we've checked on the status of the Union Row townhomes on 16th St in East Pilsen. You can join me for a walk around the de [...]
Only 3 townhomes left at Backyard Andersonville
Twenty of the 23 townhomes have been sold at BackYard Andersonville, 4832 N Clark St in Ravenswood.
The model home, a 2-bedroom, 2-bath pr [...]
Illinois home prices and sales volume up in February
RealtyTrac released its February 2014 U.S. Residential and Foreclosure Sales Reportearlier today. Here are some of the metrics for Illinois:
T [...]
Redfin agents predict a competitive market
Redfin recently polled 435 of its agents, and 65% of them expect the home purchase market this year to be more competitive than it was in 2013.
[...]
Examining the risk of another housing bubble
CoreLogic just released its March MarketPulse report (PDF). The report examines the risk of another housing bubble in light of large price gains i [...]
Meltdown update – Woodlawn’s Renaissance on Kimbark
Woodlawn's population, as measured by the Census Bureau, fell from a high of more than 80,000 in 1960 to 23,410 in 2010. The community's decline w [...]
The outlook for rental housing
If you're trying to understand the outlook for rental housing you'll want to spend some time with the wealth of data and analysis provided in Am [...]
Million dollar home sales up 40% year-over-year
The following market update arrived via a news release from RE/MAX Northern Illinois:
Winter winds and frigid thermometer readings couldn’t coo [...]
Have resale prices at The Havens bottomed out?
A 4-bedroom, 3 ½ bath newer-construction home in Auburn Gresham just hit the market at a list price of $178,000. It sold new in 2007 for $388,000. [...]
Metro-Chicago sales down, prices up in February
The following market update arrived via a news release from RE/MAX Northern Illinois:
Residential sales in the seven-county metropolitan Chic [...]
Chicago foreclosure rate plummets year-over-year
RealtyTrac today released its U.S. Foreclosure Market Report for February 2014, which shows foreclosure filings — default notices, scheduled aucti [...]
Chicago-area home prices up 12.6% year-over-year in January
CoreLogic released its January 2014 Home Price Index yesterday:
In Chicago-Naperville-Arlington Heights, home prices, including distressed sale [...]
Chicago still ranks high in foreclosures
Chicago ranked fourth among the 25 largest US metro areas in the percentage of mortgaged homes in foreclosure in January, according to data recent [...]
Chicago-area sales volume, prices up sharply year-over-year
Chicago-area sales volume increased 21% year-over-year in January 2014 and the median sales price increased 17%, to $175,000 according to RealtyTr [...]
The list that’s depressing downtown Chicago apartment rents
Crain's Chicago Real Estate Daily recently reported, based on data from Appraisal Research Counselors, that rents at Class A downtown apartment bu [...]
January home sales slumped, prices rose in Chicago metro
The following market update arrived via a news release from RE/MAX Northern Illinois:
Compared to the results for January 2013, the median sa [...]
Bowling alley apartments score $32.5M in West Loop
The bowling-alley configuration of apartments at the recently renovated 13Thirteen didn't deter an institutional investor from ponying up $32.5 mi [...]