Tag: Jody Wise
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 sharply last month. [...]
A dramatic shift in Chicago market conditions in recent weeks
Eight weeks ago there were only 6 neighborhoods on this map that would be considered balanced (4-6 months inventory) and the remainder were decide [...]
Distressed sales up sharply in Chicago over 4 years ago
Four years ago in January, 3% of all closed sales in Chicago were lender-owned foreclosures and 1% were short sales.
A short sale, as many of [...]
Vintage in decline? Nine steps you can take to sell
The market for vintage condos in Chicago has been on a steady decline for the last 5 years. In 2007 vintage sales, as a percent of total sales, we [...]
Chicago housing is clearly in a buyers’ market
The housing market in Chicago is clearly a buyers market. However, beginning in October of last year we began to feel a turn which is now showing up a [...]
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