May 5th 2010 5:00PM
Empty houses are hard to survey, but that's the challenge facing census workers in the Chicago area, where foreclosures and vacancies are weighing down response rates. This isn't just a predicament for the U.S. Census Bureau, it's a problem for these communities and their residents. Each uncounted resident could cost... Continue Reading »
Feb 16th 2010 10:45AM
Earlier this month new census data revealed that the homeownership rate is plummeting as foreclosures swell. That news buried the other bombshell in the latest numbers: vacancy rates are now soaring for rentals. Nationally, 10.7 percent of apartments are now sitting empty. And in apartment buildings? Vacancies are over 13... Continue Reading »
Feb 11th 2010 11:00AM
The weak economy has landlords on the ropes and renters are trying their best to swoop in quickly to take advantage. According to a recent national survey conducted by Apartments.com, more than 95 percent of renters say they plan on moving to another apartment in 2010. Renters are also choosing to make their transitions... Continue Reading »
Feb 9th 2010 9:00AM
What do the Indianapolis Colts and the Chicago housing market have in common? They'll both have to wait at least another year for redemption. But bad news for Chicago's housing market - it may have to wait even longer than the Super Bowl losers. According to John Burns Real Estate Consulting, an Irvine, Calif.-based... Continue Reading »
