Posts Tagged: Chicago Price Trends

blank

Chicago Area Real Estate Statistics Show Further Deterioration

Over the last week a number of Chicago area real estate statistics came in that reinforce the fact that the market here continues to deteriorate like other parts of the country. Here is a brief summary: 4th quarter sales for the city of Chicago declined by 29% from 2007, dropping to 1994/1995 levels. The drop… Read more

blank

What’s Really Going On With Prices In “Prime” Neighborhoods?

It’s not easy figuring out what is going on with home prices in Chicago’s individual neighborhoods. The Case-Shiller data, which I believe provides the best insights into home price trends, is not typically available at the neighborhood level and, as I have often pointed out, I think median price data is worthless. Therefore, on an… Read more