A year-over-year comparison of new contracts is an encouraging sign for the Chicagoland real estate market. After bottoming out in mid-April, contract activity in the entire Chicagoland region is on the upswing based on @properties data. In fact, by Memorial Day,...
Legendary American author Mark Twain once famously quipped to a reporter that news of his death had been greatly exaggerated. Similarly, we Chicagoans frequently find ourselves in the position, these days, of having to remind others that our city is not only still...
Sales numbers from the last few years paint the picture of a down market in the Gold Coast – the upscale lakefront pocket that has long been known for ultra high-end condos and co-ops. But another evident trend that sales reveal is a wide gap between new construction...
When it comes to buying and selling a home, the final months of the year present some unique advantages in the marketplace (think less competition and motivated buyers). If you’re selling your home this fall, here are a few tips to make the most of the season. Boost...
Just about everyone expected mortgage interest rates to rise in 2019. But after reaching 5% last November, the average 30-year mortgage rate is back in the 3% range, the lowest it has been in over 2 years. This latest development is welcome news not only to homeowners...
The Chicago Near North real estate market continues to show strong numbers, with nearly a $100,000 increase in average sales price of all types of single family homes compared from April 2016 to April 2019. That said, more homes have entered the market over the...
