Tag: Market conditions

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Housing data watch – a busy week ahead

For the many who'd rather see the numbers than the media spin, Yo's providing direct links to the housing data due out in the coming week. , Monday wi [...]
Awaiting a wave of North Shore foreclosures?

Awaiting a wave of North Shore foreclosures?

A recurring meme among some North Shore real estate agents of late has been concern about the impact of what they view as a pending wave of foreclos [...]

ARC: Developers say, "Make me an offer"

Price discounts are becoming more publicly advertised, although developers remain concerned about the ripple effects. Several buildings have undergone [...]
More Motor Row Lofts auction observations

More Motor Row Lofts auction observations

Here are some more observations I made yesterday while looking at the results of this weekend's Motor Row Lofts auction. (Note that all of these amou [...]
Bob Darrow on proper pricing: Better to get it right the first time

Bob Darrow on proper pricing: Better to get it right the first time

Is it better to list your home high and gradually reduce its price over time until a seller bites, or to opt for a lower but more accurate price fro [...]

The 10 worst foreclosure markets: One of these things is not like the others

You've got to admit it's getting better for nine of the 10 states hit hardest by foreclosures. Want to guess who the outlier is? According to the AP, [...]

Vultures aren't feeding on downtown homes

Potential buyers are scouring the market in pursuit of "broken condos": A wide variety of potential buyers are actively looking at the Downtown Chicag [...]
Query quintet: five questions on the market with @properties agent Jeff Proctor

Query quintet: five questions on the market with @properties agent Jeff Proctor

Last Tuesday I met @properties agent Jeff Proctor at a broker open house he was holding at 1306 N Greenview Ave #1, a 2,300 square-foot three-bedroom [...]

Downtown development: What's left?

Appraisal Research Counselors' Downtown Chicago Residential Benchmark Report for the third quarter of 2009 is out, and the outlook for developers rema [...]

The homebuyer tax credit: it's growing!

In case you haven't heard, Congress has extended and expanded the home buyers tax credit. First-time buyers are still eligible for as much as $8,000, [...]
Query quintet: Five questions on the market with Coldwell Banker agent Danielle Olsen

Query quintet: Five questions on the market with Coldwell Banker agent Danielle Olsen

Another stop I made in my West Loop open house tour yesterday was at 700 W Van Buren St, Unit #1102. The listing agent, Danielle Olsen of Coldwell B [...]
Query quintet: Five questions on the market with @properties agent Tracy Boyce

Query quintet: Five questions on the market with @properties agent Tracy Boyce

This morning I joined a caravan of agents on a tour of broker open houses in Wicker Park. At a three-story townhome at 1530 N Elk Grove Ave, I met @pr [...]

Quote of the day: Blowing up the "hip city" narrative

Between 2006 and 2008, the metropolitan areas that enjoyed the fastest percentage shift toward educated and professional workers and industries includ [...]
Fox Business: Signs of life in Elgin

Fox Business: Signs of life in Elgin

According to Fox Business, you need travel no further than Elgin to find positive signs in the housing market. Last week the network featured a segm [...]
Revisiting two soon-to-be rentals

Revisiting two soon-to-be rentals

I don't know it for a fact, but I'd guess that the new video above became outdated faster than any other I've ever uploaded. We got around to editin [...]
The enduring strength of Lincoln Park

The enduring strength of Lincoln Park

Jenny Ames doesn't strike me as the kind of person who likes to get into arguments, but she will use her blog to set the record straight when necess [...]

Crain's: Trio, Mondial may switch to rental

“Do you think someone who has a contract for a $450,000 unit that they signed two years ago is going to close? They aren’t going to close, so why alie [...]

Case-Shiller Tuesday: Changes all positive for Chicago

Home values went nowhere but up, up, up, in August, according to the latest Standard & Poor’s Case-Shiller Home Price Indices. For the first time [...]
Five easy pieces: Gale Goldstick of Coldwell Banker

Five easy pieces: Gale Goldstick of Coldwell Banker

In an effort to get the most substantive responses from our interviewees, we've honed the five questions of our ongoing "five easy pieces" feature. [...]
Comparing prices across neighborhoods in the North Side residential market

Comparing prices across neighborhoods in the North Side residential market

It's not enough to compare one home in Roscoe Village to all the others in the neighborhood. As buyers on the North Side focus more on price point, [...]
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