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    Luxury Apartment Tours
    8/29/14

    Looking down on River City

    The faint of heart home buyer might think that the only way to look at River City is down. We did that, but in...

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    8/21/14

    Chicago ranks highest in distressed property sales

    The following arrived via news release from CoreLogic: Distressed sales (REO and short sales) accounted for 11.4 percent of total home sales in June,...

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    1/9/14

    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...

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    8/15/13

    Chicago foreclosures drop sharply as US activity ticks up

    RealtyTrac has just released its July 2013 U.S. Foreclosure Market Report. The report shows foreclosure filings – default notices, scheduled auctions and bank repossessions...

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    7/10/13

    Foreclosures, shadow inventory in steep decline, Chicago still troubled

    CoreLogic released its May National Foreclosure Report yesterday along with a supplement featuring quarterly shadow inventory data as of April 2013. Of the fifteen...

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    4/22/13

    Distressed sales decline sharply in major cities, modestly in Chicago

    Last week the ever-informative Calculated Risk blog posted a table showing the share of the market accounted for by distressed properties, i.e. short sales...

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    3/6/13

    Silly price reductions on an Eastgate Village townhome

    We last wrote about Eastgate Village, a troubled townhome / condo development on the Near South Side, back in October of 2011. At the...

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    2/22/13

    Distressed properties dominate the market in Rogers Park

    Rogers Park developers periodically fall prey to a state of irrational exuberance. The peak of the most recent mania had already passed in May...

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    2/15/13

    More new apartments headed for the West Loop

    In September of 2007 we reported that 75% of the loft condos at 123 N Sangamon in the West Loop were under contract and...

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    2/8/13

    Increased competition for distressed properties in downtown Chicago

    After hearing of a short sale that elicited 33 bids – 22 of them cash offers – within a week, I reached out to...

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    2/7/13

    River North short sale draws 80 showings, 33 offers in a week

    Well-located, attractively-priced properties, especially if they’re distressed, are once again generating a frenzy of activity on the part of buyers. If you doubt that,...

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    11/16/12

    Illinois foreclosures up 19% year-over-year

    RealtyTrac released its U.S. Foreclosure Market Report for October 2012 yesterday. The report shows foreclosure filings — default notices, scheduled auctions and bank repossessions...

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    11/15/12

    Chicago October home sales volume up 50% year-over-year

    The following market update arrived via a news release from RE/MAX Northern Illinois: The seven-county metropolitan Chicago real estate market delivered a strong performance...

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    10/26/12

    Metro Chicago third quarter sales volume highest since 2007

    The following market update arrived via a news release from RE/MAX Northern Illinois: The residential segment of the metropolitan Chicago real estate market extended...

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    6/2/12

    Home inventory drops sharply in some Chicago neighborhoods

    It could be just a case of a spring market up-tick, but a number of neighborhoods have seen the inventory of available homes drop...

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    4/17/12

    Chicagoland home sales volume up 22 percent in March

    The following market update arrived via a news release from RE/MAX Northern Illinois: A RE/MAX analysis of March home sales activity in the metropolitan...

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    4/11/12

    CoreLogic touts investment returns on single-family home rentals

    CoreLogic has just released its April MarketPulse report (pdf), with a raft of statistical data from February and some analytical insights that are worth...

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    4/5/12

    CoreLogic – Chicago-area home prices continue decline

    CoreLogic released its February Home Price Index yesterday, and once again the Chicago numbers are down: In the Chicago-Joliet-Naperville area, home prices, including distressed...

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    3/16/12

    Chicago-area home sales up 26 percent over last February

    The following market update arrived via a news release from RE/MAX Northern Illinois: Home sales activity in the metropolitan Chicago real estate market continued...

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    3/9/12

    CoreLogic sees year-over-year decline in January home sales in Chicago

    According to CoreLogic’s March MarketPulse report (PDF), the Chicago-Joliet-Naperville CBSA saw 3,622 home sales in January of 2012, down 10.4% from the previous year....

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