Dec 8th 2011 9:01AM
What do you get when you mix a Chicago Cubs exec with a Chicago Blackhawks player? A bidding war over a Lakeview house, if speculation is to be believed. And let's just say that bidding wars in today's real estate market are about as rare as the Cubbies heading for the World Series. Theo Epstein, the current Cubs savior,... Continue Reading »
Jun 29th 2010 11:37AM
A week or so ago, Realtors said they were unsure about the future of the housing market, and it turns out rightfully so: Since then, we've learned that Chicago-area homeownership hit an eight-year low and experts say inventory in the local luxury market could last years. And with a high foreclosure rate (one in every 213... Continue Reading »
Jun 10th 2010 12:00PM
Over the past couple of weeks, the trickle of negative housing news hasn't come to a halt in the Chicago-area. In the post-tax-credit world, Chicago realty agents are expressing uncertainty about the near future of the housing market. They cite a volume of inventory that is largely outweighing demand in many parts of the... Continue Reading »
May 21st 2010 1:01PM
In March, home sales bounced in many U.S. cities as the expiring federal tax credit propped up the number of sales. But in Chicago the notion that the nation is on the cusp of a buoyant housing rebound is yet to be seen. Bad signs abound: Many homes are selling for less than what was paid for them; flat-lining prices are... Continue Reading »
May 10th 2010 4:45PM
On the heels of some positive reports about Chicago's housing market, including the surge of home sales in March, that nasty, little word "foreclosure" is back. We've discovered this month that Chicago renters were harder hit than homeowners in the housing crisis, foreclosure auctions are hitting an all-time high, and... Continue Reading »
