No, that is not a typo. The Illinois Association Of Realtors released November sales data today and home sales in the greater Chicago area were up 71.6% over last November! The graph above shows the trend over the last 4 years and what has happened in the last couple of months is incredibly dramatic. Not… Read more
sorry but we need to test something.
Sales of single-family detached homes increased just over 30 percent in October compared with October 2008 according to statistics released last week by the Mainstreet Organization of REALTORS®. MORe measures activity on homes in Chicago’s southern and western suburban communities. Some of the notable increases are: Addison (80% increase from a year ago) Bensenville (400%) Hinsdale… Read more
So far my belief that Chicago has reached a bottom in housing prices continues to be supported by the data. The latest Case Shiller index came out a few minutes ago and it shows that Chicago prices are up 1.7% in the last month. That’s 4 months in a row now of increasing prices. Of… Read more
Two townhomes in University Village on South Campus Parkway. 6 doors down from each other. 5 months apart. Identical floorplans. One sells for $775K and the other sells for $591K. That’s just weird. How does this happen? University Village Townhome – South Campus Parkway Normally the real estate market is pretty efficient, which means that… Read more