Category: Market updates
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 [...]
Getting into the Park
Rare condo conversions selling while luxury resales linger in Lincoln Park
Margot Huston was visiting her son at his rental apartment in the vintage h [...]
Mortgage rates continue gradual climb
The average 30-year fixed-rate mortgage stood at 6.04 percent last week, up slightly from the previous week when it was 6.01 percent, according to Fre [...]
Mortgage rates up for 3rd straight week
The average 30-year fixed-rate mortgage rose to 5.79 this week, up from 5.69 percent last week, in the third straight week of increasing rates, accord [...]
Mortgage rates continue to rise
The average 30-year fixed-rate mortgage stood at 6.01 percent last week, up from 5.95 percent the week before, according to Freddie Mac's Primary Mort [...]
Mortgage rates edging up
Mortgage rates continued to rise this week, with the average 30-year fixed-rate mortgage standing at 5.85 percent, up from 5.79 percent last week, acc [...]
Investors wonder, what housing bubble?
Real estate agents have been saying for years that investors increasingly have been turning from the stock market to the housing market for a place to [...]
30-year mortgage rates rise slightly
The average 30-year fixed-rate mortgage was 5.62 this week, up from last week, when it averaged 5.57 percent. Last year at this time, the 30-year fixe [...]
U.S. housing starts rise in January
Housing starts jumped 4.7 percent in January to a seasonally adjusted annual rate of 2.159 million units, the highest pace in 21 years, the U.S. Comme [...]
Mortgage rates remain steady
The average 30-year fixed-rate mortgage was 5.66 percent last week, down slightly from the previous week, when it stood at 5.67, according to Freddie [...]
CAR: housing volume, prices up in 2004
Economic uncertainties have done little to stymie Chicago's robust real estate market, according to year-end numbers for 2004 from the Chicago Associa [...]
Mortgage rates finish '04 with record lows
The average 30-year fixed-rate mortgage stood at 5.81 percent this week, up from 5.75 percent the week before, capping a year of record-low rates that [...]
Condo boom will continue in '05
What will the 2005 real estate market look like in Chicago?
While the Gold Coast remains the biggest market in the booming downtown area, "new" neigh [...]
Apartment outlook better but jobs needed
Fueled by a reviving American economy, the apartment rental industry is turning the corner toward a rebound, experts say, but the job picture will hav [...]
Mortgage rates drop on weak labor news
The average 30-year fixed-rate mortgage stood at 5.7 percent this week, down from 5.8 percent last week, according to Freddie Mac's Primary Mortgage M [...]
Rising rates could sack market recovery
While real estate investors generally express cautious optimism about industry performance in 2005, concerns over the economy and job growth coupled w [...]
Cook County property tax bills due
Homeowners in Cook County have until Monday to pay their property taxes, according to the Cook County Treasurer. Late checks for the second payment of [...]
CAR: city market booming in 2004
Chicago's housing market continues to break records for both the number of units sold and median prices, according to a local trade group.
Both volum [...]
Mortgage rates down slightly
The average 30-year fixed-rate mortgage stood at 5.69 percent this week, down from last week, when it averaged 5.74 percent, according to Freddie Mac' [...]
Mortgage rates remain low
The average 30-year fixed-rate mortgage stood at 5.72 percent this week, up slightly from last week when it averaged 5.7 percent, according to Freddie [...]