12/11/14
RealtyTrac just released its US Foreclosure Market Report for November 2014, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions —...
11/26/14
RealtyTrac just released its October 2014 Residential & Foreclosure Sales Report. According to the report: … the median sales price of U.S. single family...
11/12/14
More than six years ago I wandered into a “developer close-out” party at Dover Courts, 4601-17 N Dover in the Sheridan Park neighborhood in...
10/23/14
Foreclosure rates in the Chicago area decreased for the month of August over the same period last year, according to newly released data from...
10/16/14
In October of last year Chicago had the 3rd highest foreclosure rate in the nation among metro areas with a population greater than 200,000....
10/1/14
Foreclosure rates for the month of July in the Chicago metro area decreased sharply over the same period last year, according to newly-released data...
8/29/14
The faint of heart home buyer might think that the only way to look at River City is down. We did that, but in...
8/21/14
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,...
7/23/14
Foreclosure rates in the Chicago – Naperville – Arlington Heights metro decreased for the month of May over the same period last year, according...
7/17/14
RealtyTrac released its Midyear 2014 U.S. Foreclosure Market Report today. The report reflects a 19% decrease in US foreclosure filings over the previous six...
7/14/14
In the 40 years that I’ve followed Chicago condo conversions I’ve rarely seen the renovation and condo conversion of a 12+ unit walkup buildings...
7/10/14
RealtyTrac released an analysis today profiling which single family homes sell at the deepest discounts and which sell at the highest premiums based on...
7/9/14
CoreLogic released its May National Foreclosure Report yesterday. According to CoreLogic, for the month of May 2014, there were 47,000 completed foreclosures nationally, down...
6/26/14
According to RealtyTrac, the Chicago metro area had 9,975 “zombie foreclosures” in Q2 2014, ranking it third in the nation. The following is from...
6/16/14
We first took note of Marquette Village in February of 2007 when single-family homes at the development were priced from the $290s. Our last...
5/28/14
According to statistics released yesterday by CoreLogic, the percentage of Chicago metro area mortgage loans that are more than 90 days delinquent fell sharply...
5/15/14
According to data just released by RealtyTrac, Illinois had the sixth-highest rate of foreclosure filings in the nation, with one in every 706 Illinois...
5/12/14
In June of 2007 a single-family home at 4842 S Calumet Ave sold for $565,000 subject to a $565,000 mortgage. Early in 2008 it...
4/25/14
Citywide Services’ Michael Walsh is a veteran appraiser whose work takes him to many areas of Chicagoland. I joined Michael for a mid-morning visit...
4/24/14
Yesterday morning I accompanied veteran appraiser Michael Walsh of Citywide Services on part of his daily rounds. Our first stop was at a foreclosed...