Posts Categorized: Market Insights

blank

Lakeview Housing Market Immune to Chicago Woes?

While the housing market is hurting in most parts of Chicago, Lakeview mysteriously remains somewhat immune. Not too long ago Crain’s ran an article which showed data calculated by Fiserv Lending Solutions which calculated the Case-Shiller index down to the zip code level for 76 different zip codes in the Chicago area where they had… Read more

blank

Update On Chicago Home Prices

About one month ago I posted a rather lengthy discussion of the truth about Chicago area housing prices. The Case-Shiller price index that I referenced in that article has just been updated through March so here is a quick update on what it shows for Chicago. First, let me show you the trend going back… Read more

blank

The Chicago Condo Glut

Anyone who has looked around Chicago during the last year has probably remarked to themselves that there sure are a lot of cranes in the air building ever more expensive condominiums. The Chicago Spire alone is adding 1194 units to the supply and constructing a building that tall can not be cheap. I for one… Read more

blank

The Truth About Chicago Area Housing Prices

Not many real estate brokers will tell you what I am about to tell you: Most of the data you’ve been fed about housing price changes is grossly misleading Housing is not the great investment that the NAR (National Association of Realtors) wants you to believe Let me give you some typical examples of the… Read more

blank

Evaluating Chicago Real Estate Investment Property

With interest rates down and the real estate and stock markets declining everyone is trying to figure out how to invest their money to increase their returns. I’ve been scouring the planet looking for opportunities in tax exempt municipals, CDs, and even my life insurance policies. Naturally, some people are looking at income producing properties… Read more