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Tag Archives: real estate prices

New Design Heights: Elevators in Chicago Homes

If you’ve ever tried hauling a storage box from your lower level (formerly known as the basement) to an upstairs bedroom, you just might have thought about it: a home elevator. Single-family homes in Chicago are often four levels, including that lower level. Builders are discovering more new construction and remodeling clients are requesting elevators […]

1st Quarter, 2012 Results for River North Condos

Last week, I looked at single family and condominium sales in Lincoln Park and Lakeview. In this article, I want to simply look at how the condo market performed in River North. I reviewed the 60654 area code and used the multiple listing service to extract my data. The River North condo market in the […]

1st Quarter, 2012 Results for Lincoln Park Real Estate

As a lot of you know, I am constantly tracking the data behind the local real estate markets where I assist my clients. Lincoln Park has been one of the more stable markets and the numbers that I am about to reveal will also show that this neighborhood is showing great signs of a rebound. […]

2011 in Review – Single Family Home Sales in Lincoln Park, Lakeview, Bucktown, Wicker Park and Roscoe Village

Over the next few days, I’m going to be talking about real estate sales trends for Single Family Homes and Condos in the neighborhoods that I specialize. After 3 years of price declines, 2011 was a year that we started to see some price stabilization for homes in Lincoln Park, Lakeview, Roscoe Village, North Center, […]

Know Your Neighborhood -Q2/2011 Results

Every quarter, I try to take a look at how a sample of Chicago neighborhoods performed compared to the year before. Overall, the results look pretty good in 2011 compared to Q2 in 2010. I used our local MLS service (MRED) to create reports based on all condo units that closed in April to June […]

Can You Afford to Wait?

I am active reader of Steve Harney’s KCM Blog (Keep Current Matters). He has been recognized as one of the 100 most influential persons in the real estate industry. His research is solid and he calls it like he see it. The article he put out yesterday, “The Cost of Waiting for Prices to Fall”, […]

Local Home Prices Rise in Contrast to U.S.

(Crain’s) — An index of local home prices rose for its fifth straight month, defying a broader decline among the largest U.S. cities as the housing recovery loses momentum nationwide. The Standard & Poor’s/Case-Shiller index of Chicago-area single-family home prices rose 0.4% from July to August but was still down 2.9% from year-ago levels, according […]