Tag: Market conditions
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 ar [...]
Single-family home sales in North Center
Eric Rojas, one of our sponsors, just posted a market snapshot of single-family home sales during the first quarter of the year in the North Cente [...]
Lincoln Park sales show year-over-year gains
Jeff Herbert of Urban Living has just published a report on Lincoln Park sales during the first quarter of 2012. The highlights:
Total sales fo [...]
Number of MLS-listed rentals hits another low in downtown Chicago
For the second consecutive week the number of downtown Chicago homes and condos listed for rent in the MLS hit a new low.
When we began tracki [...]
Are Winnetka condos a screaming deal for a small family?
A 1,730 square foot 3-bedroom, 3-bath condo at 660 Winnetka Mews just came on the market for $329,000. It had previously sold for $485,500 in Octo [...]
Prices go off the rails at Austin’s Galewood Crossings
It's been nearly six years since we first looked in at The Enclave at Galewood Crossings, the 15-acre residential portion of a 50-acre mixed-use d [...]
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, [...]
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 [...]
Want to buy a South Loop apartment tower?
Crain's Chicago Real Estate Daily is reporting that 1401 South State has joined the ranks of apartment towers that have been put up for sale withi [...]
Rolls-Royce resale prices elude Hyde Park’s Silver Cloud buyers
Silver Cloud in Hyde Park tried to cast itself as the Rolls-Royce of condo conversions with its allusive name and plans for a grille-shaped stainl [...]
Rents up, inventories down sharply for MLS-listed downtown condos
We've been tracking MLS-listed downtown homes and condos for rent weekly since November of 2009. At that time 1,927 units were available in 14 dow [...]
North Shore rental pick – Wilmette’s Kenilworth Gardens
It's been a while since I spotlighted a North Shore rental pick.
This week's focus falls on 2240 Kenilworth Ave, a 3-bedroom, 2 ½ bath home in [...]
Quote of the day – we always overbuild something
"We always overbuild something. This time will probably be multifamily."
The comment was made at a recent meeting of Florida developers in Orla [...]
Trump rolls more dice in Chicago
The Trump International Hotel and Tower has been off our radar for a while, but yesterday's Wall Street Journal focused our attention on the proje [...]
Case-Shiller – Chicago home and condo prices down fifth consecutive month
It's the last Tuesday of the month, a/k/a Case-Shiller Tuesday, and the results are in for January home price trends.
The seasonally-adjusted i [...]
An insider’s look at Logan Square and Palmer Square
A great way to learn about real estate in a Chicago neighborhood is to hop in the car and drive around it with a real estate agent who lives there [...]
A tight North Shore rental market
We've been following the market for rental homes and condos on the North Shore for several years and the market appears to be as tight as I've see [...]
Online specials – free rent in River North
You'll often find what appear to be different rental deals on the same building depending on which website you're looking at. Take the high-rise a [...]
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-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 esta [...]