Tag: News
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 [...]
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 seve [...]
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 n [...]
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 [...]
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 [...]
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 incr [...]
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 “is [...]
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 [...]
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 – Lin [...]
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 t [...]
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 Best view o [...]
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 [...]
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 it bog [...]
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 increase in " [...]
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 the purch [...]
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, schedu [...]
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, with ha [...]
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, a [...]
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. Acco [...]
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 webs [...]