Housing economy

April 4, 2012

Chicago Real Estate May Be Close To Hitting Bottom in 2012

Buyers, sellers, and realtors alike have kept a close eye on the Chicago real estate market in the last couple of years, waiting for a sign that recovery is on its way. One factor that plays into this is home prices–everyone wants to know when they’ve reached the lowest point so that they’re getting the […]
March 27, 2012

Chicago Real Estate Poised for Recovery in 2012

If you’re in the market to buy or sell a home in Chicago, chances are you’ve been following Chicago real estate news for the past few years–the ups, the downs, and all the predictions of what’s next. Because of our early spring and the unusually warm weather, I am seeing a lot of potential buyers […]
December 8, 2010

Chicago Real Estate Numbers Could Rise with Increase in Area Employment Trends

Several large companies have announced recent expansions and hirings in the Chicago area, and the rise in employment opportunities could mean a rise in the area’s Chicago real estate numbers as well.
October 29, 2010

Should I Purchase Chicago Real Estate In 2010—Or Wait?

The Chicago real estate market has endured a lot of ups and downs this year—and with each new report, the market is picking up, slowing down, or not moving at all. Lots of potential buyers are left wondering if this is the time, if the time already passed, or the best buyer’s market has yet to come.
March 5, 2010

Anticipating Mortgage Rates for Chicago Luxury Real Estate

With the housing market showing signs of recovery and increased speculation about rising interest rates, prospective higher-end buyers may want to consider pulling the trigger on that purchase of a Chicago home. The banking industry is bracing for a potential rate hike anywhere from 2 to 4 percent during the course of the next 12 […]
February 23, 2010

Downtown Chicago Real Estate Sales Picking Up Among Condos

For those who have been on the fence to purchase a new downtown Chicago condo, now may be the ideal time. While several buildings downtown are still being built, new construction downtown projects in Chicago have slowed down considerably, and not much is in the window for the foreseeable future. According to an article in […]
February 9, 2010

5 Critical Considerations When Buying A Chicago Real Estate Foreclosure

The Illinois Association of Realtors announced last month that December’s total home sales were up 20.1 percent compared to December 2008. The report marked the fourth consecutive month that sales were on the upswing—so is the Chicago real estate market looking up?
January 8, 2010

Hot Property for Buyers: A 3-Bedroom Chicago Condo

While there’s no shortage of good deals among Chicago real estate, there is one type of property that you might find at even more of a discount: the 3-bedroom Chicago condo. An article in November’s Chicago magazine said three-bedroom condos have been a tough sell in a down real estate market. The reason? Those who […]
October 22, 2009

Luxury Chicago Homes Are Still Selling

It’s no secret that real estate has been a bit topsy-turvy. But the good news is that Chicago homes are still selling – particularly high-end properties in coveted neighborhoods like Gold Coast, Lincoln Park and Lakeview. In today’s Chicago real estate market, these high-end homes go from anywhere from $2 million up to $15 million. […]