Tag: Market conditions
MLS-listed downtown rentals at 30-month high
There were 1,040 homes and condos listed for rent as of yesterday in the 14 downtown ZIP Codes that we track.
That's a 35% increase in the number o [...]
Did you get dinged at lease renewal time?
We've been hearing tales recently from apartment renters who faced steep increases when it came time to renew their lease.
Reports of 12 perce [...]
Condo sales, prices surge in West Town
West Town is one of Chicago's 77 official Community Areas, but it's not a neighborhood name that many will recognize.
West Town encompasses a [...]
North lakefront renters have more MLS-listed choices
Toward the end of June there were 542 homes and condos listed for rent in the local Multiple Listing Service.
As of yesterday evening that numb [...]
RealtyTrac reports sales, prices rose in Chicago metro area
RealtyTrac today released its August 2013 U.S. Residential & Foreclosure Sales Report, which shows that U.S. residential properties, including sin [...]
The top five most-viewed Chicago new apartment reviews
Our new apartment review pages provide a clear window, via Google Analytics, into which new buildings are generating the most interest among renters a [...]
Presidential Towers apartment renovations underway
When Presidential Towers (PT) was experiencing financial difficulties in the late 80s we ran a contest asking readers to suggest alternate uses fo [...]
Gold Coast vacancies on the rise?
In what should be good news for renters, the number of vacant units in a number of Gold Coast apartment buildings has increased over the past few [...]
Available MLS-listed downtown rentals at 30-month high
There were 1,927 homes and condos listed for rent in the Multiple Listing Service (MLS) in 14 downtown ZIP Codes when we first began tracking the [...]
Number of new foreclosure filings plummets
RealtyTrac today released its U.S. Foreclosure Market Report for August 2013. The report shows foreclosure filings — default notices, scheduled au [...]
An updated look at South Loop apartment rents
Renters appear to have a wider selection of available apartments in the South Loop than they did a month ago.
If you're looking to rent in the [...]
Chicago sales up 27%, median price up 10% year-over-year
RealtyTrac today released its July 2013 U.S. Residential & Foreclosure Sales Report, which shows that U.S. residential properties sold at an estim [...]
MLS-listed downtown rentals at 2-year high
The number of homes and condos listed for rent in the 14 downtown ZIP Codes that we track topped 900 for the first time since April of 2011.
Th [...]
West Loop 2/2 condo sales soar year-over-year
Eric Rojas, one of YoChicago's sponsors, recently studied year-to-date sales of 2-bedroom, 2-bath condos in the portion of the West Loop west of [...]
Downtown Chicago apartments – the dark side of the boom
Crain's Chicago Business raises the possibility that 2015 may be the year in which Chicago's downtown apartment market reprises a Pink Floyd lyric [...]
Chicago foreclosures drop sharply as US activity ticks up
RealtyTrac has just released its July 2013 U.S. Foreclosure Market Report. The report shows foreclosure filings – default notices, scheduled aucti [...]
A look back at economists’ Chicago home price predictions
Five years ago today we mentioned that the New York Times had asked economists to "share the data they use to figure out how much houses in region [...]
YoChicago reached nearly 70K unique visitors in July
The volume of visitors to established real estate websites is as good an index as any of the state of the housing market.
YoChicago had 69,842 [...]
Will all the new downtown apartments find renters?
The downtown Chicago apartment market will add a total of more than 5,000 new units this year and next year. Will all those new apartments find rente [...]
West Loop evolves while retaining its character
Real estate development in the West Loop has seen a dramatic shift within the past two years. An oversupply of 1- and 2- bedroom units has been ab [...]