Archive for chicago housing market

Home Prices Climb as Inventory Remains Low in Illinois

New numbers released by the Illinois Association of REALTORS® point out that in April, the trend of increased prices for homes continued but tighter inventory locked home sales numbers down. Statewide home sales in April 2014 totaled 11,845 homes sold, down from 12,846 in April 2013. The number of houses on the market in April [Read More]

May 23, 2014 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Condos, Economy, Single Family Homes

Chicago Leads Home Price Gains in Key Index

July home prices across the nation continued to beat their monthly and year-ago comparisons but the rate of increase slowed, according to a widely watched barometer of the housing market.

The Chicago area led the nation in monthly gains, posting a 3.2 percent increase in prices in July, according to the S&P/Case-Shiller home price index, released Tuesday.

September 24, 2013 | Author: Chicago Tribune | Comments: Comments Off on Chicago Leads Home Price Gains in Key Index | Categories: Chicago Real Estate News, City of Chicago, Economy, Economy AOI

Low Inventory Pushes Chicago Home Prices Higher in July

Chicago’s housing market continued to regain its footing in July, as sales rose heartily and a fast-moving market with insufficient inventory to fill demand led to a strong increase in prices.

August 22, 2013 | Author: Chicago Tribune | Comments: Comments Off on Low Inventory Pushes Chicago Home Prices Higher in July | Categories: Chicago Condo, Chicago Real Estate News, City of Chicago, Condos, Economy, Economy AOI, Single Family Homes

AHF Live Summit Early Registration Deadline Quickly Approaching

Affordable Housing Finance magazine’s AHF Live summit is quickly approaching, and now is the time to register to receive $100 off of your registration cost. AHF Live: The 2013 Affordable Housing Developers’ Summit aims to give those in the affordable housing industry the strategies for success in a still recovering market. This event is designed [Read More]

August 12, 2013 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, City of Chicago, Education, Events, Events AOI

Home Sales, Prices in Chicago, 9-County Area Encouraging

Fast market times are one facet of a local housing market turnaround whose pace has surprised economists as well as real estate agents Lindsay and Glenn Fuller’s three-month quest to move from their Naperville “starter” house to a “forever” home involved looking at more than 40 properties, having an above-list-price offer rejected and raising their [Read More]

July 30, 2013 | Author: Chicago Tribune | Comments: Comments Off on Home Sales, Prices in Chicago, 9-County Area Encouraging | Categories: Chicago Real Estate News, City of Chicago, Economy, Economy AOI

Chicago Homes Sales, Prices Continue Gains in June

The Chicago-area’s housing market continued its recovery last month, as a steep drop in inventory continued to push June prices up to levels not seen in at least three years. Sales of existing single-family homes and condominiums in the nine-county Chicago area last month totaled 11,103 properties sold, at a median price of $206,000, the [Read More]

July 26, 2013 | Author: Chicago Tribune | Comments: Comments Off on Chicago Homes Sales, Prices Continue Gains in June | Categories: Chicago Real Estate News, City of Chicago, Economy, Economy AOI, New Homes

Chicago Listed as Improving Housing Market for Second Month

The month of July saw 255 metro areas across the United States qualify to be listed on the National Association of Home Builders/First American Improving Markets Index (IMI). While this number was down slightly from the 263 metros that were listed during the month of June, this is more than triple the number of metros [Read More]

July 10, 2013 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, City of Chicago, Economy, Economy AOI, Featured
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