Archive for July 2015

The Hottest Neighborhoods For New Construction In Chicago

The Hottest Neighborhoods For New Construction In Chicago
There’s been a fair amount of new construction in Chicago over the last 12 months and it has been concentrated in a few really hot areas. Also, as you might expect, the character of this new construction is very different depending upon the area. So I decided to create a quick overview of the hottest... Read more »

Case Shiller: Chicago Home Price Gains Sputtering Out

Case Shiller: Chicago Home Price Gains Sputtering Out
After stellar home price gains in 2013 and 2014 the Chicago housing market has stalled despite near record home sales and record low inventories. Lately, each release of the Case Shiller home price index seems to show lower and lower year over year price gains. This morning the S&P Dow Jones Indices folks released the... Read more »

Chicago's Safest And Most Dangerous Neighborhoods For The Money

Chicago's Safest And Most Dangerous Neighborhoods For The Money
In one of my recent blog posts about Chicago crime someone asked me if I had looked at the data in relation to home prices. I think we all know intuitively what the answer is but I decided to actually do a quantitative analysis to see if any neighborhoods stuck out in terms of being... Read more »
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Chicago Loop Home Prices: The Heritage, 130 N Garland

Chicago Loop Home Prices: The Heritage, 130 N Garland
There is a running debate over on Cribchatter about whether or not Chicago home prices are past the peak of the housing bubble. The proprietor of that site, who goes by the name Sabrina, claims that prices in Chicago’s most desirable neighborhoods are past the peak. Every so often I’ll analyze a condo building to... Read more »

RealtyTrac Market Report: Chicago Foreclosure Activity Close To Low Point

RealtyTrac Market Report: Chicago Foreclosure Activity Close To Low Point
It seems like every time I think Chicago’s foreclosure activity is bottoming out the news gets even better. I just got the Chicago data from RealtyTrac’s June Foreclosure Market Report and if you look closely at the graph below you might be able to see what I can see from looking at the underlying numbers.... Read more »

Chicago's Most Dangerous Neighborhoods: Assault And Battery

Chicago's Most Dangerous Neighborhoods: Assault And Battery
An updated version of this post is available here with data through June 2017: Chicago’s Safest And Most Dangerous Neighborhoods: Assault And Battery Last week I looked at Chicago’s most dangerous neighborhoods for murder but of course a lot of bad things can happen to you in Chicago just short of getting killed. In addition... Read more »
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Chicago Real Estate Market Update: Highest Home Sales In 9 Years

Chicago Real Estate Market Update: Highest Home Sales In 9 Years
The Chicago real estate market hit another recent record in home sales for June. In the graph below I’ve flagged all the Junes as red squares and the blue line is a 12 month moving average. As  you can see this year was the highest level in 8 years and, in all likelihood, it will... Read more »

Lombard Home Intruder Pretends To Own Villa Taj Mansion To Seduce Woman

Lombard Home Intruder Pretends To Own Villa Taj Mansion To Seduce Woman
Over the years we have written a number of stories about the 45,000 square foot Villa Taj mansion at 6501 S County Line Rd in Burr Ridge. This over the top monstrosity was originally listed at $25 MM before going through a series of price cuts until finally the bank foreclosed on the property. While... Read more »

Chicago Murders: The Most Dangerous Neighborhoods

Chicago Murders: The Most Dangerous Neighborhoods
There is an updated version of this post with data through June 2017 here: Chicago’s Safest And Most Dangerous Neighborhoods By Murder Rate I first looked at Chicago murders a couple of years ago and have been meaning to update it since. That first blog post is actually good reading for all the necessary caveats... Read more »
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What You Need To Know About The 2015 Chicago Property Tax Reassessment

What You Need To Know About The 2015 Chicago Property Tax Reassessment
Last week I gave you a preview of your 2014 Cook County property taxes but now we have to start worrying about 2015. In case you didn’t know it 2015 is the triennial Chicago property tax reassessment, which means the assessor’s office is coming up with one of the key numbers that determines your property... Read more »