It's been well-documented how wealthy Chinese have been snatching up midrange and high-end properties in cities like New York and Los Angeles during the last few years, but a recent article points out they have now begun to focus on Chicago real estate. ChicagoMag delved into this trend recently and noted Chinese have increasingly turned 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
Online real estate portal Zillow recently released its Buyer-Seller Index for Chicago, which shows which neighborhoods in the city most favor buyers or sellers. Results show that as a whole, the Chicago real estate market continues to tilt towards buyers. Zillow determined which neighborhoods in Chicago are best for buyers or sellers by looking at 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
2032 Clifton Ave. Chicago, Ill. This classic home in the Lincoln Park section of Chicago is on the market for $4,250,000. It comes with two full-size kitchens, five bedrooms and seven baths This house for sale in Lincoln Park was originally built in 1888, but today boasts all the features required of modern Read more