Tag: Trends

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MLS-listed downtown rental listings down sharply year-over-year

MLS-listed downtown rental listings down sharply year-over-year

A broker-tipster emailed us yesterday expressing skepticism about published apartment vacancy rates and stating that "the MLS rental inventory is ...
MLS-listed north lakefront rentals, ups and downs

MLS-listed north lakefront rentals, ups and downs

The number of homes, apartments and condos currently listed for rent in the local Multiple Listing Service (MLS) stands at 729 in ZIP Codes 6061 ...
Crain’s deeply misleading article on Lincoln Park’s population

Crain’s deeply misleading article on Lincoln Park’s population

Today's Crain's brings this apparently-startling statistic: Indeed, just a few miles from the heart of the Loop lies a neighborhood that, despi ...
Chicago-area home prices up 3.8% year-over-year

Chicago-area home prices up 3.8% year-over-year

According to the recently-released CoreLogic Home Price Index (HPI) report, home prices nationwide, including distressed sales, increased 5.5 perc ...
Chicago’s foreclosure rate 4th highest among top 20 metro areas

Chicago’s foreclosure rate 4th highest among top 20 metro areas

RealtyTrac just released its US Foreclosure Market Report for November 2014, which shows foreclosure filings — default notices, scheduled auctions ...
Chicago ranks 10th among large metro areas in home price appreciation

Chicago ranks 10th among large metro areas in home price appreciation

RealtyTrac just released its October 2014 Residential & Foreclosure Sales Report. According to the report: … the median sales price of U.S. s ...
YoChicago’s October, 2014 audience reach

YoChicago’s October, 2014 audience reach

According to our server logs, YoChicago reached nearly 94,700 unique visitors in October. That's a 10% decline from the more than 104,000 visitors we ...
Chicago-area home prices continue to rise year-over-year

Chicago-area home prices continue to rise year-over-year

Home prices nationwide, including distressed sales, increased 5.6 percent in September 2014 compared to September 2013, according to the just-rele ...
Available MLS-listed North Lakefront rentals on the rise

Available MLS-listed North Lakefront rentals on the rise

There were 946 homes, apartments and condos listed for rent in the local MLS yesterday in the six North Lakefront Zip Codes that we track: 60614, ...
Where Chicago’s 25- to 34-year olds cluster

Where Chicago’s 25- to 34-year olds cluster

According to 2010 US Census data, 25- to 34-year olds accounted for 13.4% of the nation's population and 17.97% of the City of Chicago's. That tra ...
Staying up to date on Chicago real estate

Staying up to date on Chicago real estate

We began publishing reviews of Chicago's apartment buildings just about a year ago. The blistering pace of development since that time has resulte ...
Chicago-area foreclosure rate continues to decline

Chicago-area foreclosure rate continues to decline

Foreclosure rates in the Chicago area decreased for the month of August over the same period last year, according to newly released data from Core ...
Have free rent offers slowed the for sale market?

Have free rent offers slowed the for sale market?

More than a dozen real estate brokers have told me that the for-sale market slowed perceptibly and dramatically beginning several months ago. Non ...
Millennials are not opting for cities

Millennials are not opting for cities

As he often does, Joel Kotkin looks past wishful thinking to the numbers: It’s an idea echoed everywhere from “Friends” to “Girls”: Young pe ...
Chicago foreclosure rates on the mend

Chicago foreclosure rates on the mend

In October of last year Chicago had the 3rd highest foreclosure rate in the nation among metro areas with a population greater than 200,000. In ...
Percentage of home sales for cash continues to fall

Percentage of home sales for cash continues to fall

The following arrived via news release from CoreLogic: Cash sales made up 32.9 percent of total home sales in July 2014, the lowest share since ...
Chicago-area home sales down 12.9% in August

Chicago-area home sales down 12.9% in August

The following arrived via a news release from Redfin: This past August, typically one of the hottest selling months of the year, the number of ...
A surge in MLS-listed downtown rentals

A surge in MLS-listed downtown rentals

The number of homes and condos listed for rent in the 14 downtown ZIP Codes that we tracked rose 14% from 6 weeks ago, and 13% over the same time ...
Cash sales fall to a third of the home market

Cash sales fall to a third of the home market

The following is from a CoreLogic news release: Cash sales made up 33 percent of total home sales in June 2014, the lowest share since Septem ...
Chicago-area home prices up 7% year-over-year in July

Chicago-area home prices up 7% year-over-year in July

From a CoreLogic news release: Home prices nationwide, including distressed sales, increased 7.4 percent in July 2014 compared to July 2013. ...
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