Tag: Market conditions
500 Lake Shore Drive aggressively courting rental services
Rental service agents have been receiving daily email solicitations from the recently-opened 500 Lake Shore Drive apartments during what the building [...]
The easy way to find your next South Loop apartment
If you're planning to rent in the South Loop, you can see all of your managed apartment building options on YoChicago's South Loop availability li [...]
Updated rents for South Loop apartments
If you're planning to rent in the South Loop, you can see all of your managed apartment building options on YoChicago's South Loop availability li [...]
Woodstock Institute makes foreclosure data more accessible
The Woodstock Institute self-describes as "a leading nonprofit research and policy organization in the areas of fair lending, wealth creation, and [...]
Lincoln Park single-family sales volume up 51.8% year-over-year in Q2
Jeff Herbert of Urban Living has just published a report on Lincoln Park sales during the second quarter of 2013. The highlights:
Condominium [...]
Is the north lakefront rental market getting softer?
As of yesterday evening there were 616 MLS-listed homes and condos for rent in the six north lakefront ZIP Codes that we track periodically: 60614 [...]
See what’s for rent in the tight South Loop market
The already tight South Loop apartment market appears to have fewer vacancies this week than last.
If you're looking to rent in the South Loop [...]
Higher rents, lower vacancies forecast for Chicago
Marcus & Millichap just released its Apartment Research Market Report for the second quarter of 2013. Free registration is required to access the [...]
How have the Prairie Pointe auction buyers fared?
The condo market crash in the latter part of the last decade resulted in units at a number of properties being sold at auction in 2009 and 2010. A [...]
International buyers are active in downtown Chicago
I recently scoffed at the notion that international investors were "buying up Chicago" and reaching out to an obscure firm to do so.
A knowled [...]
RealtyTrac: Illinois foreclosures average 817 days
RealtyTrac released its Midyear 2013 U.S. Foreclosure Market Report today.
Some relevant excerpts:
Florida posted the nation’s highest sta [...]
See what’s for rent in the South Loop
The South Loop apartment market continues to be tight, with most buildings having only a few vacancies.
If you're looking to rent in the South [...]
Foreclosures, shadow inventory in steep decline, Chicago still troubled
CoreLogic released its May National Foreclosure Report yesterday along with a supplement featuring quarterly shadow inventory data as of April 201 [...]
Scenes from an East Garfield Park drive-by
Over the years I've traveled down nearly every block in the City of Chicago, and stopped on many of them to chat with residents, take pictures of [...]
An updated South Loop apartment list
Without having done a detailed week-to-week comparison, my impression is that apartment vacancies are becoming scarcer in the South Loop. A number [...]
Chicago real estate weekly, week ending June 28, 2013
This is the first edition of our weekly recap of Chicago real estate news. Check back each Saturday for a look back at the previous week – and off [...]
A retrospective on the Motor Row Lofts auction
The condo market crash that began in the latter part of the last decade resulted in a number of properties going to auction in 2009 and 2010.
The [...]
Your best South Loop apartment list
Without having done a detailed week-to-week comparison, my impression is that apartment vacancies are becoming scarcer in the South Loop. A number [...]
K2 signs 125 leases in just 75 days
Leasing agents for K2, a new 496-unit luxury apartment tower in Chicago’s Fulton River District, have signed 125 leases in 75 days, bringing the b [...]
Elmhurst home sales surge 39%
Yesterday's email brought this Elmhurst market update from Coldwell Banker's Gracik Makinney Group:
May property sales were up 39.2% over the s [...]