High-rise rents, occupancy, absorption rates all fall
After years of seeing rents rise, renters may be singing "happy days are here again," according to Appraisal Research Counselors data reported by Chic [...]
Median Chicago condo sales price soars 24% year-over-year
The following market update arrived via a news release from RE/MAX Northern Illinois:
October home sales in the metropolitan Chicago real est [...]
Chicago foreclosure rate third-highest among large metros in October
Chicago had the third-highest foreclosure rate among the 20 largest metropolitan areas in October, according to data just released by RealtyTrac. [...]
Rent gains begin to slow in Chicago metro area
Marcus & Millichap has just released its Q4 Local Apartment Reports for 39 metro areas, including Chicago.
Some of the high-level findings:
[...]
Chicago images painted with light and love
We began this business in 1987 by publishing a real estate newspaper.
A regular feature of the weekly paper in its early days was Kardas' Chic [...]
MLS-listed rental inventory up sharply on north lakefront
The number of homes and condos listed for rent in six north lakefront ZIP Codes ticked up ever so slightly in the past two weeks, from 703 to 707. [...]
A visit to YoChicago’s photo archives
We've been fortunate to have worked with several talented photographers over the years.
Joeff Davis was the lead photographer for our New [...]
Attention real estate data junkies
For most people, the decision to buy a home is driven by the need for a larger or smaller home, a desire to move to a different neighborhood, pres [...]
Points of view on Prentice Hospital
We don’t ordinarily write about institutional or commercial properties. We do, as a matter of course, try to bring to your attention videos that f [...]
Institutional investors active in Chicago metro home market
According to data just released by RealtyTrac, institutional investors (defined as those purchasing 10 or more properties in the last 12 months) a [...]
Chicago-area foreclosure rate plummets year-over-year
Foreclosure rates in Chicago-Joliet-Naperville decreased 31.3% for the month of August over the same period last year, according to newly released [...]
Ralph Johnson’s recent works and Julius Shulman’s photography
Amazon informs us that Ralph Johnson of Perkins + Will: Recent Works is out of print. Don't despair. The publisher has posted a page-turning look [...]
Downtown Chicago’s boomer bust
Joel Kotkin, writing at newgeography, argues that the oft-reported back-to-the-city trend among empty nesters is a myth:
Perhaps no urban legen [...]
National flips dip, Chicago’s rip
RealtyTrac released its Q3 2013 Home Flipping Report, which shows 32,993 single family home flips — where a home is purchased and subsequently sol [...]
Are big brokers about to break with the MLS?
Local Multiple Listing Services (MLS) have long held a critical role in the purchase and sale of residential real estate. Home buyers and sellers take [...]
YoChicago challenges a Realtor to create a hokey tag line
After a morning of shooting sponsored video tours of Lincoln Park townhome developments Jeff Herbert and I found ourselves near the statue of the [...]
North lakefront renters have more MLS-listed choices
Toward the end of June there were 542 homes and condos listed for rent in the local Multiple Listing Service.
As of yesterday evening that numb [...]
RealtyTrac reports sales, prices rose in Chicago metro area
RealtyTrac today released its August 2013 U.S. Residential & Foreclosure Sales Report, which shows that U.S. residential properties, including sin [...]
The world is watching YoChicago videos
YouTube Analytics tells us that less than 75% of our video views originate in the United States. So far this year YoChicago videos have been watch [...]
Mies on Marina City: Don’t do that again
In the video, the Museum of Contemporary Art's Michael Darling talks briefly about the "organic" and "sculptural" quality of Bertrand Goldberg's a [...]