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    3/27/13

    Shadow inventory down 28 percent from 2010 peak

    CoreLogic released its January 2013 Shadow Inventory Report yesterday and issued the following news release: CoreLogic® (NYSE: CLGX), a leading residential property information, analytics...

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    3/14/13

    Metro Chicago home prices, sales volume up and days-on-market down

    The following market update arrived via a news release from RE/MAX Northern Illinois: Home sales and prices were higher in February in the seven-county...

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    3/14/13

    Are empty nesters flocking to downtown Chicago?

    I’ve been hearing about what I call the “mythical empty-nester” for more than 30 years now. At newgeography.com Wendell Cox counters an empty nester...

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    2/28/13

    Foreclosures, short sales were 43 percent of 2012 US sales

    RealtyTrac today released its Year-End and Q4 2012 U.S. Foreclosure and Short Sales Report, which shows a total of 947,995 U.S. properties in some...

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    1/18/13

    RealtyTrac reports foreclosure inventory up 33% in Illinois year-over-year

    RealtyTrac released its Year-End 2012 U.S. Foreclosure Market Report yesterday, and Illinois earned an unenviable spot in a number of its rankings. Illinois was...

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    1/16/13

    Lincoln Park sales volume up sharply in 2012

    Jeff Herbert of Urban Living has just published a report on Lincoln Park sales during 2012. The highlights: Condominium and townhome sales increased by...

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    12/4/12

    Add $30 to the cost of selling your Chicago home

    The City of Chicago has raised the fee for a Certificate of Zoning Compliance from $90 to $120, effective January 1, 2013. The certificate...

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    12/4/12

    CoreLogic – Illinois one of top states in foreclosures

    CoreLogic released its National Foreclosure Report for October yesterday. The report provides data on completed U.S. foreclosures and the overall foreclosure inventory. According to...

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    11/14/12

    Notes from the rental front – MLS rents dropping daily

    I asked David Nadler of City Ranch Real Estate for news from the rental front, and he sent along the following brief notes: Southport...

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    11/12/12

    Prices down, but wealthy neighborhoods avoided roller coaster

    It’s been a wrenching few years to watch price and volume movements in many of Chicago’s neighborhoods. These metrics are prone to doing strange...

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    11/9/12

    Is this Chicago’s best unexpected skyline view?

    I took the above photo almost exactly a year ago, not anticipating that New City would select the North Avenue Bridge as affording the...

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    11/6/12

    Home prices up nationally, down in Chicago metro

    CoreLogic today released its September Home Price Index (HPI®) report. Home prices nationwide, including distressed sales, increased on a year-over-year basis by 5 percent...

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    11/5/12

    The unmet demand for smoke-free housing

    Five years ago to the day today we posted the following quote: There is a tremendous unmet demand for smoke-free housing in America, and...

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    10/4/12

    Chicago had largest downtown population growth from 2000 to 2010

    Our local media have been taking pride in a recent US Census report (PDF) showing Chicago as the metro area with the largest numeric...

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    10/4/12

    Down payment grants available for Chicago, select suburbs

    CityLIFT is a program sponsored by Wells Fargo Bank that provides up to $15,000 in down payment grant funds to qualified home buyers for...

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    9/13/12

    Illinois ranks first in foreclosures for first time

    RealtyTrac just released its U.S. Foreclosure Market Report for August 2012. The report: … shows foreclosure filings — default notices, scheduled auctions and bank...

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    9/11/12

    Look up in the sky this morning and wave to YoChicago

    Almost two years ago we chartered a helicopter from AM Air Service in Schaumburg and flew around Chicago, from South Shore up to Wilmette,...

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    7/2/12

    Quote of the day – Chicago’s population gain just a statistical quirk

    Last week the Tribune reported on Census Bureau figures showing that Chicago and other major cities had gained population between 2010 and 2011, and...

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    5/7/12

    Mortgage fraudsters – 200 down, 20,000 to go

    Late last week the US Attorney for the Northern District of Illinois announced the indictment of seven individuals on mortgage fraud charges. According to...

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    5/3/12

    New Cook County property tax site will make waves, affect property values

    The new Cook County Property Tax Portal has gone live, providing easy online access to a variety of property tax information through a single...

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