Tag: Market conditions
Eastgate Village remnants go to auction
When we last looked in on Eastgate Village, a troubled condo / townhome development that abuts the Stevenson Expressway connector to Lake Shore Dr [...]
Park Ridge palazzo nearing 5 years on the market
We first called attention to the unusual interior of the 4-bedroom home at 1212 S Knight in Park Ridge nearly 5 years ago. The asking price at the [...]
Case-Shiller – Chicago condo prices up for fifth consecutive month
It's Case-Shiller Tuesday, and the results are in for August home price trends.
The seasonally-adjusted index for metro-area Chicago single-family [...]
Single-family home sales up consistently across Chicago neighborhoods
The city saw a 30% increase in single family homes last quarter of the previous quarter, and the increase was consistent across the top 20 neigh [...]
Museum Park sales center closed; bank taking possession?
The following is from a real estate agent e-mail just forwarded to me:
I just wanted to alert you that any of our realtors have deals at any of [...]
A strong third quarter for Chicago real estate
Although the Chicago-area economy has seen 8 months of increasing unemployment, the city's housing market showed some signs of optimism in the thi [...]
Asking $2,275,000 over July purchase price in Glencoe
The recently-built home at 120 Mary St in Glencoe had been the subject of a flurry of lien claims and a foreclosure before being acquired for $2,2 [...]
Price chop means no profit for Vetro auction buyer
In early 2009 the auction at Vetro, 611 S Wells St, was much anticipated and then much commented on. The expectation was that it would and did set mar [...]
Chicago metro-area home sales surge in September
The Illinois Association of Realtors just released statewide sales numbers for September, but didn't break out Chicago-area numbers, provoking specula [...]
Demolitions likely to ramp up in Chicago
CNBC's Diana Olick is in Chicago reporting on a Bank of America program to demolish homes and turn them over to the city. According to Olick:
C [...]
Quote of the day – Chicago’s affordable hosing program
We first wrote about Madison Estates, a development in the 2200 block of West Madison on Chicago's Near West Side, back in January of 2007 – a dif [...]
MLS-listed downtown rentals jumped nearly 20% in September
On the first Friday of September there were 734 homes and condos listed for rent in the MLS in the downtown ZIP codes that we track. As of Septemb [...]
Chicago condo prices up for fourth consecutive month
It's Case-Shiller Tuesday, and the results are in for July home price trends.
The seasonally-adjusted index for metro-area Chicago single-family ho [...]
Missing the elephant in the room on million dollar sales
It was "a pricey roller coaster ride" blares a brief article in the current issue of Chicago Magazine, accompanied by a chart that illustrates the [...]
No signs of progress at Marquette Village in Marquette Park
I revisited Marquette Village and a part of the Marquette Park neighborhood yesterday.
The development, which was originally planned for 139 h [...]
Quote of the day – Kenilworth market time trebles
Chicago Magazine's October issue, with its annual look at real estate market conditions, hits the newsstands tomorrow. Following the archaic tradi [...]
Quote of the day – housing is the economy’s silent killer
Although you can question its accuracy, you can't deny the attention-grabbing nature of the wording in this LA Times article:
More than four years [...]
One Museum Park West less than one-quarter closed
In March we wondered whether spring would bring a thaw to sales at One Museum Park, and speculated that the west tower was less than 50% sold.
[...]
Chicago metro-area foreclosure rate rises in June
Foreclosure rates in Chicago-Joliet-Naperville have increased for the month of June over the same period last year, according to CoreLogic.
Accordi [...]
Bank-owned properties head to a blow-out auction
On September 17 Rick Levin & Associates will be auctioning a variety of (mostly) bank-owned properties subject to minimum bids as low as 5% of a p [...]