Marketwatch, as part of its New Year's coverage, recently provided a well-researched and reported forecast of the four real estate trends that will shape the market in 2016. It's really a good read and well worth the visit. The piece features no shortage of pertinent takeaways that can be applied to the Chicago real estate Read more
The Chicago housing market is the most undervalued of the world's largest cities, according to a new report that measures the threat of housing bubbles in various big cities across the globe. The cities facing the biggest threat of a housing bubble are London and Hong Kong. The UBS Global Real Estate Bubble Index found Read more
1620 Wolcott Ave. Chicago, Ill. This multi-level home in a prime Bucktown location in Chicago was recently put on the market with a list price of $1,359,900. The residence, which features a dynamic blend of both classic and modern touches, comes with five bedrooms, 3.5 baths and 2,422 square-feet of living space. At Read more
April was a big month for the housing market in Chicago, as the number of home sold was up 7.5 percent from a year earlier and the median price of a home in Chicago jumped 11% to $210,000. In April, there were 9,037 units sold in the Chicago area. All seven-counties that make up the Read more
Real estate data firm Zillow has released an illuminating new book called “Zillow Talk: The New Rules of Real Estate." In the book, Zillow Chief Economist Stan Humphries and Chief Executive Spencer Rascoff analyze the firm's massive data piles to come up with new conclusions on how best to sell a home. The Chicago Tribune Read more
Here is a rare opportunity to own a corner unit in one of the best condominium complexes in Chicago. This three-bedroom, two bath condo was put on the market just over a week ago with a list price of $599,900. 1250 S. Michigan Ave. #2505 High-quality living abounds for residents of this stunning Read more
The number of homes sold in November were down and the median price was up in both Chicago and throughout Illinois in November, according to the latest report from the Illinois Association of Realtors. In the nine-county Chicago metropolitan area, there were 7,090 homes sold in November. That's down 8.8 percent from November 2013 when 7,777 Read more
Home sales in Chicago were down in October and that trend is likely to continue through the remainder of the year, according to an analysis of the local real estate market by ChicagoNow. Last month in Chicago real estate, total home sales dipped by 6.4% as compared to October 2013. Even with the slowdown, the Read more
The folks over at ChicagoNow crunched the numbers on the Chicago housing market for September and the results were mixed. Home sales were down a notable 7.2% as compared to the previous year, but there was a slight uptick in signed contracts and pending home sales, which indicates things are likely to pick up in Read more
Crain's Chicago Business recently looked at the state of the Chicago housing market and concluded the positive signs far outweigh any potential negatives. In fact, there were four separate indicators from a recently-released study that paints a rosy picture of the housing market in Chicago. The first positive sign: The percentage of home sales in Read more