Posts Categorized: News

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Another Robert Shiller Brain Child Terminates Early

Back in July I wrote about a really clever investment vehicle for speculating on hedging home prices – the Macroshares Major Metro Housing shares. Created by Robert Shiller, one of the creators of the Case Shiller home price index, these shares allowed you to profit or lose based upon the value of their index. However,… Read more

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Surprising Chicago Home Buying Activity In December

With the original home buyer tax credit scheduled to expire at the end of November I fully expected December to really be a slow month in Chicago. My assumption was that a significant amount of housing demand had been pulled forward, not leaving much for subsequent months. However, when I recently checked new real estate… Read more

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What’s Up With Mortgage Rates?

As the BankRate graph to the left shows, mortgage rates have been trending down quite dramatically over the last 6 months and remain near recent record lows. That shouldn’t be too surprising since the government has been using the printing presses to buy up gobs of mortgage backed securities (MBS). But everyone is wondering what… Read more

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More Sellers Becoming Landlords

In Chicago renting is often a very good alternative to buying. In the short run it will often be cheaper – aside from all the softer benefits of buying a home. However, if renting is such a good deal then the flip side must also be true: renting is not such a good deal for… Read more

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New! Browse Chicago Real Estate By Neighborhood Or Zip Code

We’ve just added a new feature on our Web site that allows the curious to browse through and drill down into Chicago’s and Dupage’s real estate listings and get quick snapshots of the local real estate market, instead of just searching for a particular property. There are two different paths you can take from our… Read more