Archive for July 2013

Case Shiller: Chicago Home Prices Continued To March Ahead In May

Case Shiller: Chicago Home Prices Continued To March Ahead In May
With today’s release of the Case Shiller home price index for May the Chicago housing market has solidified it’s price gains of the last few months. Single family home prices rose from April’s levels by 3.7% while condo prices rose by a whopping 6%. Of course, home prices normally rise at this time of the... Read more »

University Village Foreclosure Filing Against Ex-County Commissioner Joseph Moreno

University Village Foreclosure Filing Against Ex-County Commissioner Joseph Moreno
Ex-county commissioner, Joseph Moreno’s home at 1443 S Emerald in University Village was just relisted as a pre-foreclosure with a reduced price of $1.18 MM. Moreno has been trying to sell his home since November 4, 2012, shortly after his indictment for corruption. The home, which he purchased in September 2007 for $1,482,000, was originally... Read more »

Cook County Property Taxes Double At 340 On The Park

Cook County Property Taxes Double At 340 On The Park
For some time it’s been quite apparent that the Cook County property taxes at 340 On The Park were going to double but not everyone was on the same page. The first clue was that the estimated property values of the units for 2011 were about half of the true market value. As I always... Read more »
Advertisement:

JD Power Once Again Finds No Difference In Real Estate Brokerage Satisfaction

JD Power Once Again Finds No Difference In Real Estate Brokerage Satisfaction
I’m looking at the same JD Power real estate brokerage satisfaction survey data that everyone else is looking at and coming up with a totally different headline. JD Power does this survey every year and every year they tout their results and the leading real estate brokerage leverages the bragging rights for the next year.... Read more »

San Francisco Vs. Chicago Apartment Rentals

San Francisco Vs. Chicago Apartment Rentals
The day after the 4th of July my daughter and her future roommate had the distinct pleasure of going on a field trip with me to San Francisco to look for apartment rentals prior to them starting their new jobs in the area. I’ve always thought Chicago had high housing costs and I knew that... Read more »

Real Estate Boom Attracts Influx Of New Realtors

Real Estate Boom Attracts Influx Of New Realtors
I’ve refrained from calling the current surge in Chicago real estate activity a boom…until now. I just read an article the other day about how the number of real estate agents in Chicago is on the rise and if that’s not an indication of a real estate boom I don’t know what is. During the... Read more »
Advertisement:

Assault And Battery In Chicago - The Rest Of The Story

Assault And Battery In Chicago - The Rest Of The Story
About a week ago I posted on the most dangerous Chicago neighborhoods for assault and battery as a means of providing some useful data for people trying to determine which neighborhoods were safe. But the data I pulled is chock full of a lot of other interesting information about the nature of aggravated assault and... Read more »

Surging Chicago Foreclosure Auctions Finally Whittle Away At Shadow Inventory

Surging Chicago Foreclosure Auctions Finally Whittle Away At Shadow Inventory
When RealtyTrac released their Midyear 2013 U.S. Foreclosure Market Reportâ„¢ yesterday the headline numbers for Chicago show a spike in “foreclosure activity” as shown in the graph below. However, the spike was primarily driven by an enormous surge in auctions of properties that were already in the foreclosure pipeline. Meanwhile, defaults continued to trend downwards. So... Read more »

June Chicago Home Sales: 2 Years Of Continuous Improvement

June Chicago Home Sales: 2 Years Of Continuous Improvement
June marked the 2 year point in the turnaround in the Chicago housing market. It marked 24 consecutive months of year over year increases in home sales – most of which have been double digit percentage increases. This June was 16.6% above last year’s 22% improvement over the year before that. As I always like... Read more »
Advertisement:

Violent Crime In Chicago: The Most Dangerous Neighborhoods For Assault And Battery

Violent Crime In Chicago: The Most Dangerous Neighborhoods For Assault And Battery
I kicked off my series on Chicago’s dangerous neighborhoods with a focus on murder, which is probably most people’s top concern since most people would agree that the consequences are a bit more serious than getting your iPhone snatched. However, the next concern that people would have in selecting a neighborhood to live in would... Read more »
  • ChicagoNow is full of win

    Welcome to ChicagoNow.

    Meet our bloggers,
    post comments, or
    pitch your blog idea.

  • Advertisement:
  • Getting Real On Facebook

  • Subscribe To Getting Real

    Subscribe to RSS Feed RSS Feed

    Enter your email address:

    Delivered by FeedBurner

    Google
  • Meet The Blogger

    Gary Lucido

    After 20 years in the corporate world and running an Internet company, Gary started Lucid Realty with his partner, Sari. The company provides full service, while discounting commissions for sellers and giving buyers rebates.

  • Tags

  • Monthly Archives

  • Latest on ChicagoNow

  • Advertisement: