Author: gail lissner

Downtown market adjusting to slower pace, rolling out fewer condominium developments

Downtown market adjusting to slower pace, rolling out fewer condominium developments

Housing Watch Slow but steady may be the mantra for downtown Chicago’s new-construction condo market this year. During the first half of 2007, 14 [...]
Downtown builders get creative to stand out in buyers' market

Downtown builders get creative to stand out in buyers' market

Housing Watch So far, 2007 does not appear poised to break any records for new-home sales, but the market looks fairly healthy. Sales at downtown c [...]
Housing watch

Housing watch

New-home sales slowed slightly but still hit record levels in 2006 Despite talk of a housing bubble, the downtown Chicago residential real estate m [...]
Housing Watch

Housing Watch

Condo conversions shift to suburbs, as Millennium Park boosts city sales by Gail Lissner During 2006, condominium conversion activity shifted dram [...]
Sales still strong as downtown condo building continues at record levels

Sales still strong as downtown condo building continues at record levels

The pace of condominium development in downtown Chicago continues at record levels, and despite rumblings about softening demand, sales of new units [...]
Downtown condo development continued at record-breaking pace in first quarter

Downtown condo development continued at record-breaking pace in first quarter

Talk of a housing bubble lingers, resales soften, and other major real estate markets slow, but in Chicago, sales of new downtown condos continue to [...]

After record year in 2005, builders continue downtown condo boom

Housing Watch Encouraged by record-breaking condo sales in downtown Chicago last year, when nearly 8,200 new units sold, developers are gearing up fo [...]

Attractive rehabs, pricing and locations let conversions compete with new condos

By the end of 2005, more than 4,000 rental units in downtown Chicago will have converted to condominiums, according to estimates by Appraisal Research [...]

Attractive rehabs, pricing and locations let conversions compete with new condos

Housing Watch By the end of 2005, more than 4,000 rental units in downtown Chicago will have converted to condominiums, according to estimates by App [...]

'05 condo conversion boom offers buyers more variety than '70s wave

During 1979, the height of condomania in the Windy City, nearly 4,800 rental apartments were converted to condominiums in downtown Chicago. That was d [...]

'05 condo conversion boom offers buyers more variety than '70s wave

Housing Watch During 1979, the height of condomania in the Windy City, nearly 4,800 rental apartments were converted to condominiums in downtown Chica [...]

Downtown's record building matched by record buying in 1st quarter of '05

If 2004 was a big year for new housing in downtown Chicago – and hefty sales figures and ubiquitous construction cranes leave little doubt &#821 [...]
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