Archive for July 2016

Chicago's Safest And Most Dangerous Neighborhoods: Homicide Rates

Chicago's Safest And Most Dangerous Neighborhoods: Homicide Rates
There is an updated version of this post with data through June 2017 here: Chicago’s Safest And Most Dangerous Neighborhoods By Murder Rate As promised last week I looked at the Chicago homicide data for the 12 months ending in June by community area (technically not the same thing as neighborhoods but some people call... Read more »

Case Shiller: Chicago Home Prices Gaining More Momentum

Case Shiller: Chicago Home Prices Gaining More Momentum
For quite some time now the Case Shiller Chicago home price index has been signaling pretty anemic year over year price gains – 20 months at or below 3%, which is well below the historic averages for Chicago and the rest of the country as well. However, lately it looks like the effects of our... Read more »

Chicago Homicide Rate Hit 16 Year High In June

Chicago Homicide Rate Hit 16 Year High In June
I’m working on my annual analysis of Chicago’s safest and most dangerous neighborhoods, starting with homicides, and I decided to look at the homicide trend going back to 2001 (that’s where Chicago’s crime data portal starts). I had heard that Chicago’s homicide rate was up substantially this year but hearing that and seeing the actual... Read more »
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Record Home Price Appreciation In Chicago's Ukrainian And East Village

Record Home Price Appreciation In Chicago's Ukrainian And East Village
We knew that home prices were skyrocketing in Chicago’s Ukrainian Village and East Village neighborhoods ever since I moved here (I do believe there is a direct cause and effect relationship) but in the past week there were a couple of closings that really drove the point home. And while poking around I discovered another... Read more »

Price Point Mattered In The History Of Chicago's Housing Bubble

Price Point Mattered In The History Of Chicago's Housing Bubble
This was originally going to be a quick and easy blog post about how the upper end of the Chicago housing market was on a tear and growing faster than any other segment. But then the data wasn’t exactly cooperating with my preconceived notion and it became clear that there was actually a very different... Read more »

RealtyTrac Market Report: Chicago Foreclosures Not Going Anywhere

RealtyTrac Market Report: Chicago Foreclosures Not Going Anywhere
RealtyTrac released their June Foreclosure Market Report this morning, which also includes their perspective on the first half of 2016, and the data for Chicago is similar to what we’ve seen for several months now. Overall activity was down from a year ago – as it has been for 43 out of the past 44... Read more »
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Shortfalls In Police Staffing In Chicago's District 12 - Sign The Petition

Shortfalls In Police Staffing In Chicago's District 12 - Sign The Petition
Yeah, I’ve got a vested interest in this story since I live in East Village, which is part of Chicago’s 12th police district. A couple of years ago the Chicago police department merged the 12th and 13th police districts in an effort to reduce costs. I’m not sure where the savings were supposed to come... Read more »

Chicago Real Estate Market Update: Home Sales Hit 10 Year High

Chicago Real Estate Market Update: Home Sales Hit 10 Year High
The Chicago real estate market just went from hitting 9 year highs to hitting a 10 year high in June. That’s certainly a positive sign. After all, if you look at the graph below, which goes back 20 years, only the 3 highest bubble years saw more home sales. However, there is a lot of... Read more »

Chicago New Construction: The Hottest Neighborhoods Of 2016

Chicago New Construction: The Hottest Neighborhoods Of 2016
As you’ve traveled around Chicago over the last year you’ve probably noticed all the new construction going on – some of it is commercial and some of it is apartments but a lot of it is new residential construction for sale. So, once again I’ve put together a summary of the hottest neighborhoods for Chicago... Read more »
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