Posts Tagged: Chicago real estate market

blank

Chicago Real Estate Market Shows Growing Short Term Weakness

In the aftermath of the homebuyer tax credit, Lucid Realty’s August Chicago Real Estate Market Summary shows growing short term weakness but longer term strength. Chicago, IL (PRWEB) September 20, 2010 –┬áToday, Lucid Realty, Inc. announced the results of its August Chicago Real Estate Market Summary, compiled from 4 different data sources. The real estate… Read more

blank

Continuing Signs Of Improvement In Chicago Real Estate Market

Market conditions for 2 and 3 bedroom condos in the city of Chicago continue to show improvement through February. Once again inventory (months of supply) of these condos is lower on a year over year basis. This continues a trend that began in June, 2009, with February at about half of 2009’s level. In addition,… Read more

blank

Chicago Area Home Prices Up 5 Months In A Row

The Case Shiller Home Price Index came out today for the Chicago area and it shows that for the 5th month in a row home prices have risen. We are now up 8% from the trough in April. As you can see in the graph below we undershot the trendline and now appear to be… Read more

blank

Chicago Area Home Sales Skyrocket

It’s that time of the month when all sorts of real estate statistics come out. Today the Illinois Association Of Realtors reported that home sales for the Chicago area rose by more than 33% over last year. In order to get an idea of how huge this really is check out the red line on… Read more

blank

Chicago Home Inventory And Market Times Showing Dramatic Improvement

When we updated our Chicago real estate market statistics recently we noticed that the last 24 months of history for 2 – 3 bedroom condos (the sweet spot of the housing market in Chicago) had changed dramatically from the last time we updated these statistics. The red marker on the graph marks the spot where… Read more