Tag: Market conditions
Chicago-area foreclosure rates down sharply
Foreclosure rates in Chicago-Joliet-Naperville decreased for the month of April over the same period last year, according to newly released data f [...]
What happens if Chicago’s hot apartment market turns cold?
Veteran condo developers and marketers Santo Rizzo and Chip Cornelius talk about a scenario that may play out if Chicago's apartment boom becomes [...]
What it costs to rent in the South Loop
If you're looking to rent in the South Loop, you can see all of your managed apartment building options on YoChicago's South Loop availability lis [...]
Market for MLS-listed downtown homes and condos remains stable
There are currently 824 MLS-listed homes, apartments and condos for rent in the 14 downtown ZIP Codes that we track periodically. That's a little [...]
Racial discrimination at Galewood Crossings?
The Tribune recently wrote about a lawsuit brought by the CHA against board members of the master association at the Enclaves of Galewood Crossing [...]
Metro Chicago condo sales surged in May, highest since 2006
The following market update arrived via a news release from RE/MAX Northern Illinois:
A renewed appetite for condominium purchases has become a [...]
An up-to-date list of South Loop apartment rents
In South Loop apartment news, buildings at 619-631 S LaSalle were recently acquired for conversion to 80 to 90 loft apartments. We'll keep you up [...]
Bank repossessions rise 44 percent in Illinois
The following arrived via email from RealtyTrac:
RealtyTrac today released its U.S. Foreclosure Market Report™ for May 2013, which shows forecl [...]
Mayfair Crossing sold out after nearly seven years
It was nearly seven years ago when we first took note of Mayfair Crossing, a development of 26 3- and 4-bedroom single-family homes along Kilpatri [...]
Is the Chicago housing market becoming less competitive?
Yesterdays' email included the following, from Redfin:
According to Redfin’s latest Bidding War Report, Chicago saw a 2.8 percentage point decl [...]
Your weekly South Loop apartment rent update
In South Loop apartment news, buildings at 619-631 S LaSalle were recently acquired for conversion to 80 to 90 loft apartments. We'll keep you up [...]
Your South Loop apartment search made easy
If you're looking to rent in the South Loop, you can see all of your managed apartment building options on YoChicago's South Loop availability lis [...]
Foreclosures less of a market factor nationally, still high in Illinois
RealtyTrac today released its Q1 2013 U.S. Foreclosure & Short Sales Report, which shows that a total of 190,121 U.S. properties in some stage of [...]
An up-to-date South Loop apartment availability list
Chicago Real Estate Daily is reporting that American Invsco has emerged as the winning bidder for a package of properties that includes The Lex, a [...]
Has the Chicago housing market slowed down?
The following info came via email yesterday evening from Redfin:
Redfin today published a report analyzing the speed of the real estate market [...]
Two free months at EnV – a sign of a softening market?
Renters at EnV in River North might be envious of the views (and closet space) enjoyed by residents of nearby buildings. Will residents of those b [...]
Top-tier downtown apartment rents up 26% since 2009
From yesterday's Crain's Chicago Real Estate Daily:
Effective rents at top-tier, or Class A, buildings rose to $2.63 a square foot in the quart [...]
An at-a-glance list of what’s for rent in the South Loop
Three-bedroom apartments, if you've been scanning this feature from week to week, have been unavailable before now. Several 3-bedrooms just hit th [...]
Chicago home sales spiked higher in April
The following market update arrived via a news release from RE/MAX Northern Illinois:
After months of making steady progress, the housing recov [...]
Building permits up, foreclosures down nationally
From a RealtyTrac news release:
An exclusive RealtyTrac housing market analysis of building permit data recently released by the U.S. Departmen [...]