Tag: Market conditions
From Yo’s archives – a hot tub in Clearing
Five years ago today we were writing about a 3-bedroom raised ranch with a back yard hot tub pavilion in Clearing.
The recently remodeled hom [...]
Tough time for condos in three once-strong markets
Condominiums in Rogers Park, Humboldt Park and Irving Park -- three neighborhoods that once had strong new development and high selling prices -- [...]
Chicago’s collar counties lead January home sales surge
The following market update arrived via a news release from RE/MAX Northern Illinois:
Home sales in the seven-county metropolitan Chicago real [...]
Legacy at Millennium Park refinanced
This morning's email included a news release announcing the refinancing of Legacy at Millennium Park, 60 E Monroe St. An excerpt:
Mesa Developm [...]
Chicago ranks third on CoreLogic foreclosure charts
CoreLogic, in a news release not yet updated to its news page, just announced its first national Foreclosure Report which provides monthly data on [...]
AMLI adding apartment towers to South Loop
Crain's Chicago Real Estate Daily is reporting that AMLI Residential has agreed to buy a South Loop site at the southwest corner of Clark and Polk [...]
Two straight lines in Chicago housing report
Compiling market statistics in Chicago neighborhoods has usually meant looking at a lot of jagged (and mostly downward-pointing) lines over the la [...]
Median Chicago housing prices fall further in 2011
Chicago homes sales experienced their typical fourth quarter slump at the end of 2011, settling to about 7,600 houses and 4,500 condominiums and t [...]
CoreLogic – Chicago Home Price Index down sharply, and not so much
Yesterday CoreLogic issued a news release for its December Home Price Index (HPI), providing a look at full-year 2011 price changes:
The CoreLogic [...]
Metro Chicago sales up, prices down in second half of 2011
The following market update arrived via a news release from RE/MAX Northern Illinois:
The metropolitan Chicago real estate market enjoyed a sol [...]
Case-Shiller – Chicago home and condo prices down sharply
It's the last Tuesday of the month, a/k/a Case-Shiller Tuesday, and the results are in for November home price trends.
The seasonally-adjusted inde [...]
Updating several Lake View condos on Ashland Avenue
Five years ago today we called attention to a new condo development planned for 3823 N Ashland Ave, in Lake View. One- to three-bedroom units, tri [...]
Another River North apartment tower up for sale
The market for downtown Chicago apartment towers has been active lately, and River North has been the strongest submarket.
EnV, 161 W Kinzie, [...]
New construction in Chicago, then and now
What a difference five years makes! Five years ago today we were –
Reporting the imminent start of construction at Aqua
Touting 1349 S Wabash [...]
A 20% price shave in a solid DePaul location
A prime DePaul location contributed to the successful sellout of a newly-built six-flat at 2421 N Racine Ave back in 2006 and 2007, at what now se [...]
How to sharpen your North Shore new construction search
Looking back to 2007 it's now clear that a cottage industry of home builders overbuilt the market for new single-family homes in the $1 million an [...]
From Yo’s archive – Developer deals at River City
Remember plasma TVs? Remember the days when condo developers were engaging in a frenzy of incentive offers?
Five years ago today we suggested t [...]
Crain’s – Vultures looking to feast on bad loans
Crain's Chicago Business (subscription required) is reporting that investment groups have been purchasing packages of mortgage loans on Chicago-ar [...]
Today’s first real estate deal of the century
Every day, it seems, confronts me with at least one new once-in-a-lifetime opportunity or deal of the century.
Today's first deal of the centur [...]
Park Millennium – from buyers lined up outside the building to bargain rentals
Six years ago Yo was writing this about the Park Millennium, a 52-story condo conversion at 222 N Columbus Dr on the New East Side:
Carrie McCo [...]