Category: Gail Lissner
Gail Lissner: Condo development trends see a change of pace
The residential development trends in downtown Chicago are undergoing a transformation, as record numbers of new condominium units are completing cons [...]
Lissner: Buyers taking a “wait and see” approach to home decisions
Buyers are continuing to wait on the sidelines so far in 2008, although there are some very enticing opportunities for buyers with good credit. A decr [...]
Expect few new announcements in 2008 as developers move existing product
By Gail Lissner
Home pricing in the Chicago market has been holding up well through November 2007, based on the S&P Case-Shiller Home Price Index [...]
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
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
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
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
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
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 [...]
'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 [...]
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 ̵ [...]
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