Posts Tagged: market conditions

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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

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Standard Measures Don’t Tell The Real Story

There are a few statistical measures that realtors use to monitor the condition of real estate markets. Two of these measures are months supply of home inventory (how many months it would take to sell off the current inventory at the current sales rate) and market time (how many days homes have been on the… Read more

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Many Chicago Communities Still Avoiding Real Estate Bloodbath

As you may have already figured out I don’t exactly adhere to NAR’s, IAR’s, and CAR’s policy of talking up the real estate market in order to drum up business for Realtors. However, as I expand our Web site’s Chicago community housing market profiles I’m not finding a lot of evidence of the end of… Read more