Tag: REO
Illinois foreclosures up 19% year-over-year
RealtyTrac released its U.S. Foreclosure Market Report for October 2012 yesterday. The report shows foreclosure filings — default notices, schedul [...]
Metro Chicago third quarter sales volume highest since 2007
The following market update arrived via a news release from RE/MAX Northern Illinois:
The residential segment of the metropolitan Chicago real [...]
September foreclosure totals lowest in over 5 years
RealtyTrac today released its U.S. Foreclosure Market Report™ for September and the third quarter of 2012, which shows foreclosure filings — defau [...]
Spanish Colonial home is new again in Lincoln Park
The 4-bedroom, 3 ½ bath home at 2732 N Marshfield Ave surfaced as a new listing nearly 7 months ago – and again today. It's still priced at $1,099 [...]
Will massive drug bust boost Bronzeville condo values?
Unit 4N at 4441 S Indiana just came on the market for $79,900, in the Grand Boulevard neighborhood of Bronzeville.
It seems an attractive pric [...]
Chicago has fourth-highest foreclosure inventory in nation
CoreLogic has just released its National Foreclosure Report for April (registration required).
According to CoreLogic, Illinois (5.3%) ranked t [...]
Condo price goes off a cliff at The Terrace in Irving Park
Five years ago we reported that a development called The Terrace was offering 24 3-bedroom, 2 ½ bath condos in four 6-flats at 3917 – 3935 N Kedzi [...]
Lincoln Crossing, price destruction on a deal-of-the-day
Five years ago today our "deal of the day" spotlighted Lincoln Crossing, a 35-unit condo development at 5588 N Lincoln Ave in the Budlong Woods ne [...]
CoreLogic calls a bottom on housing prices
CoreLogic has just released its MarketPulse report for May (pdf), based on March 2012 data.
The money quote:
Nationally, the housing mark [...]
RealtyTrac: Chicago leads the nation in loan defaults, REO properties
RealtyTrac just released its Q1 2012 Metropolitan Foreclosure Market Report, and it doesn't contain good news for the Chicago-Naperville-Joliet me [...]
CoreLogic touts investment returns on single-family home rentals
CoreLogic has just released its April MarketPulse report (pdf), with a raft of statistical data from February and some analytical insights that ar [...]
Distressed sales up sharply in Chicago over 4 years ago
Four years ago in January, 3% of all closed sales in Chicago were lender-owned foreclosures and 1% were short sales.
A short sale, as many of [...]
High hopes and hapless homes in East Garfield Park
Four years ago Yo was being told that sales had been "incredible" and prices were "fantastic" at Heritage Homes of West Village on the "new revita [...]
Is buying a foreclosed Skokie condo a good gamble?
Crain's Chicago Real Estate Daily recently reported on a developer who's in foreclosure – for the second time – on the 70-unit Skokie Gardens Cond [...]
Lender-owned Bridgeport condo asking $21K over 2007 price
Five years ago, when we first checked on sales at Bridgeport Condominiums, 3450 S Halsted St, we were informed that the project was "about 50% sol [...]
From Yo’s archives – a hot tub in Clearing
Five years ago today we were writing about a 3-bedroom raised ranch with a back yard hot tub pavilion in Clearing.
The recently remodeled hom [...]
Bridgeport buyers badly bruised at Morgan Street Lofts
When Yo visited Morgan Street Lofts in Bridgeport, five years ago today, we were told that only 8 units remained available for sale. Five months l [...]
Edgebrook Glen, a disconnect between marketing and reality
If you're familiar with the conventions for naming real estate developments you'll immediately know that Edgebrook Glen is not in Chicago's Edgebr [...]
Bleak November Chicago housing numbers from CoreLogic
The CoreLogic Market Pulse report for November (PDF) just became available and the Chicago numbers aren't pretty.
For the Chicago-Joliet-Naperv [...]
Revisiting Edgewater condo conversions
The real estate crash that began late in 1979 hit Edgewater the hardest among Chicago's north lakefront neighborhoods. Edgewater condos sold for [...]