Category: Market conditions
Reports on the state of the housing market
Housing bubble bites: condos crash 1st
Condos are the first to go when there's a slowdown, according to a post today on The Housing Bubble Blog, which chronicles the downs and downs of the [...]
Naperville couple throws in a Hummer with the house
It seems that the growing inventory of unsold homes is making sellers resort to all kinds of tactics. RedEye reports that a Naperville couple is off [...]
Appreciating West Lake View
Over at our West Lake View journal Robert Darrow has posted some interesting statistics on appreciation in the neighborhood (bounded by Diversey parkw [...]
Is a total meltdown a soft landing?
I'm just back from the Inman Real Estate Connect conference in San Francisco.
On stage, all of the observers were talking about a "soft landing" for [...]
The sound of a Chicago housing bubble hissing?
What's that we hear? Could it be the slow hiss of a deflating bubble rising in pitch, like the air from a balloon whose neck has been stretched by a s [...]
North shore monopolizes Zillow $1M ZIP list
According to Zillow Blog, Illinois has 3 ZIP codes where the median price of a home is over $1 million.
Leading the pack is Kenilworth (60043) at $ [...]
Homebuilder confidence down in June
Looks like someone forgot to tell Chicago developers, who continue to roll out hundreds of new housing units, but homebuilder confidence is at its low [...]
It's a price cut in our book
Some brokers sniff at a price reduction of anything less than 10 percent.
The recent reduction of 1471 Lake Rd in Lake Forest to $8,300,000 doesn't c [...]
Adding a bedroom doubles the price in Glencoe
We just found this fascinating tidbit about housing prices at the North Shore Real Estate Data site: a 4-bedroom house in Glencoe prices out at an ave [...]
Re-selling below 2001 purchase price
Lately Yo has heard of several South Loop resales at prices below their cost in 2001. One seller dumped a condo she'd purchased at $525,000 five years [...]
New Homes magazine names the Near South one of Chicago's hottest neighborhoods
New Homes magazine has named the Near South one of Chicago's hottest neighborhoods.
"Until recently, it seemed as though development on the Near Sout [...]
Study: Uptown and Forest Park score well for affordable housing and transportation
Which Chicago neighborhoods and suburbs offer the most affordable opportunities overall for housing and transportation? The suburban standout is Fores [...]
New Homes magazine names Jefferson Park one of Chicago's hottest neighborhoods
New Homes magazine has named Jefferson Park one of Chicago's hottest neighborhoods.
"The quiet Northwest Side neighborhood of Jefferson Park, bounded [...]
New Homes magazine names Avondale one of Chicago's hottest neighborhoods
New Homes magazine has named Avondale one of Chicago's hottest neighborhoods.
"Buyers in search of affordable housing have set their sights on Avonda [...]
New Homes magazine names Galewood one of Chicago's hottest neighborhoods
New Homes magazine has named Galewood one of Chicago's hottest neighborhoods. "Galewood is known for its tree-lined streets and brick bungalows, as we [...]
New Homes Magazines names Near West one of Chicago's hottest neighborhoods
New Homes Magazine has named the Near West one of Chicago's hottest neighborhoods.
"Rising prices and steady development in the West Loop have booste [...]
New Homes Magazine names Washington Park one of Chicago's hottest neighborhoods
New Homes Magazine has named Washington Park one of Chicago's hottest neighborhoods.
"Like much of the South Side, Washington Park suffered deteriora [...]
New Homes Magazine names Woodlawn one of Chicago's hottest neighborhoods
New Homes Magazine has named Woodlawn one of Chicago's hottest neighborhoods.
"The neighborhood is sorely lacking in retail and restaurants and marre [...]
Chicago developers offset costs by shrinking condos and offering less light
We knew that an increase in construction costs was sending home prices through the roof (so to speak), and developers are definitely building smaller [...]
Kenilworth appreciation leads north shore
According to Zillow, Kenilworth housing has appreciated more rapidly than that of any other north shore community during the past five years.
The m [...]