Selling A Home

Report: Prices Up, But November Home Sales Fell in Chicago

The number of homes sold in November were down and the median price was up in both Chicago and throughout Illinois in November, according to the latest report from the Illinois Association of Realtors. In the nine-county Chicago metropolitan area, there were 7,090 homes sold in November. That's down 8.8 percent from November 2013 when 7,777 Read more

Chicago Real Estate Now a Popular Option for Chinese Buyers

It's been well-documented how wealthy Chinese have been snatching up midrange and high-end properties in cities like New York and Los Angeles during the last few years, but a recent article points out they have now begun to focus on Chicago real estate. ChicagoMag delved into this trend recently and noted Chinese have increasingly turned Read more

Buying and Selling Units at Jackson Towers Described as ‘Wild Ride’ recently looked at what it called the “alarming” trend of residences being bought and sold at the Jackson Towers in Chicago's Hyde Park. The issue? The wide discrepancy in price the units are selling for. As the article notes, six weeks ago Jackson Towers had its most expensive sale ever—a 5,230 square-foot duplex that Read more

Chicago Real Estate: Home Sales Were Sluggish in October

Home sales in Chicago were down in October and that trend is likely to continue through the remainder of the year, according to an analysis of the local real estate market by ChicagoNow. Last month in Chicago real estate, total home sales dipped by 6.4% as compared to October 2013. Even with the slowdown, the Read more

Chicago Housing Market Sees Decline in Sales in September

The folks over at ChicagoNow crunched the numbers on the Chicago housing market for September and the results were mixed. Home sales were down a notable 7.2% as compared to the previous year, but there was a slight uptick in signed contracts and pending home sales, which indicates things are likely to pick up in Read more

Best Real Estate Markets in Chicago for both Buyers’ and Sellers’

Online real estate portal Zillow recently released its Buyer-Seller Index for Chicago, which shows which neighborhoods in the city most favor buyers or sellers. Results show that as a whole, the Chicago real estate market continues to tilt towards buyers. Zillow determined which neighborhoods in Chicago are best for buyers or sellers by looking at Read more

Report: Signs Point to a Strong and Healthy Chicago Housing Market

Crain's Chicago Business recently looked at the  state of the Chicago housing market and concluded the positive signs far outweigh any potential negatives. In fact, there were four separate indicators from a recently-released study that paints a rosy picture of the housing market in Chicago. The first positive sign: The percentage of home sales in Read more

The Bloomingdale Trail is Having a Big Impact on Property Values in Chicago

Much is expected of Chicago's Bloomingdale Trail, the city's grand project to transform 2.7-miles of elevated rail line into a network of trails and parks. It's been especially true of real estate surrounding the project. Predictions were real estate values would rise as a result of the Bloomingdale Trail and that's exactly what's happening. The Read more

New Bloomingdale Trail Has West Town Property Values on the Rise

    A rendering of the Bloomingdale Trail in West Town. It is scheduled to be completed next year. There are big things happening in Chicago's West Town. Developers are snatching up land at a quickened pace and real estate agents that serve the area are prepared for property values to increase. What Read more

Home Prices in Lincoln Park Approaching Peak Levels, A New Study From Corelogic Inc.

Good news for those that bought a home in Chicago's Lincoln Park during the height of the last housing bubble: your home may finally be worth what you paid. That's according to a new study from Corelogic Inc., which showed home prices in the Chicago neighborhood are now just 2.5% off their peaks from 2007. Read more