Posts with tag chicago home sales

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 »

Well, good news for everyone except JPMorgan CEO Jamie Dimon. Here's what's happening: Reversing consecutive weeks of mostly dismal housing news, Chicago got word this week that home sales leaped 45 percent in March compared to last year. However, median home prices continue to fall. This marks the sixth straight month... Continue Reading »