Chicago still ranks high in foreclosures
Chicago ranked fourth among the 25 largest US metro areas in the percentage of mortgaged homes in foreclosure in January, according to data recent [...]
Chicago-area sales volume, prices up sharply year-over-year
Chicago-area sales volume increased 21% year-over-year in January 2014 and the median sales price increased 17%, to $175,000 according to RealtyTr [...]
January home sales slumped, prices rose in Chicago metro
The following market update arrived via a news release from RE/MAX Northern Illinois:
Compared to the results for January 2013, the median sa [...]
Foreclosure filings continue downward trend
RealtyTrac just released its Foreclosure Market Report for January 2014. The report shows foreclosures rising 8% month over month nationally, but [...]
CoreLogic reports Chicago-area home price surge
CoreLogic is reporting that home prices nationally increased 11% year-over-year in December 2013, the 22nd consecutive month in which home prices [...]
Know your condo manager, Prairie Shores Management edition
While reading a string of negative reviews on Yelp for Prairie Shores Management I locked in on the name of Richard Holtzman. Back in the 80s Holt [...]
A day for honoring Martin Luther King Jr
As we celebrate the birthday of Martin Luther King Jr, we might pause to consider how much has changed since he came to Chicago in 1966 to advance [...]
Chicago-area sales, prices rise in December
The following market update arrived via a news release from RE/MAX Northern Illinois:
During the final month of 2013, home sales in the seven [...]
Chicago’s five-year housing plan
Chicago's fifth five-year housing plan was presented to the City Council on Wednesday for approval. According to Chicago Real Estate Daily, the 20 [...]
Chicago drops out of top 10 metros in foreclosure rate
Miami had the highest foreclosure rate in the nation in 2013, with 3.93% of its housing units in some stage of foreclosure, according to recently- [...]
One-third of mortgaged Chicago-area homes are deeply in the red
Here's some bad news for home buyers who've been expecting rising home values to result in a broader selection of homes coming on the market.
A [...]
Chicago-area home prices up 12.4% year-over-year
The CoreLogic Home Price Index for November 2013 reports that Chicago-area single-family home prices were 12.4% higher than in November 2012.
C [...]
John Baird’s role in saving the DePaul neighborhood
The death of Baird & Warner's John Baird at the age of 98 is rightfully receiving a great deal of attention in both local and national real estate cir [...]
Happy holidays from YoChicago
Christmas is our hook for being mindful of all of the holidays that Chicagoans celebrate at this time of year. We wish you, before and after the f [...]
Chicago-area foreclosure rates in sharp decline
Foreclosure rates in Chicago-Naperville-Arlington Heights decreased for the month of October over the same period last year, according to newly re [...]
Chicago metro fifth in homes with negative equity
According to a recently released CoreLogic report, 20.5% of all metro Chicago homes with a mortgage were worth less than the amount of the mortgag [...]
Metro Chicago home prices continued to rise in November
Home values in the seven-county metro Chicago real estate market extended their upswing in November, according to an analysis by RE/MAX, based on [...]
Chicago sales volume up 31% year-over-year in October
According to just-released RealtyTrac data, Chicago's October residential sales counts were at an annualized pace of 182,767, 31% higher than in O [...]
Planning Chicago a/k/a incremental opportunism
Planning Chicago, published earlier this year, is a look back at the history of planning in Chicago, with a focus starting in the Mayor Richard J. [...]
Million dollar sales up 42 percent in Chicago
The following market update arrived via a news release from RE/MAX Northern Illinois:
Combined sales of attached and detached residences in C [...]