Archive for November 2019

Chicago Foreclosure Activity Hits 12 Month High

Chicago Foreclosure Activity Hits 12 Month High
ATTOM Data Solutions released their October Foreclosure Market report this morning and also updated their local data on the RealtyTrac Web site. Their local data shows that Chicago foreclosure activity hit its highest level in 12 months. However, there are several important caveats to that. First, October exceeded May by only a couple of units.... Read more »

National Association Of Realtors Finally Cracking Down On Pocket Listings

National Association Of Realtors Finally Cracking Down On Pocket Listings
In the past 6+ years I’ve written at least half a dozen posts about the evils of pocket listings – listings that are “coming soon” or otherwise “off market” and either temporarily or permanently not on the MLS. Despite the fact that a majority of real estate agents don’t like pocket listings the National Association... Read more »

Chicago Real Estate Market Update: October Sales Only Slightly Slower

Chicago Real Estate Market Update: October Sales Only Slightly Slower
During a year in which home sales in the Chicago real estate market have been kinda slow it’s once again good news when a month like October comes in only 0.4% below last year. Compare that to an average 5.7% drop in the previous 12 months, 3 of which had double digit drops. The graph... Read more »
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Hottest Chicago Condo / Townhome New Construction Neighborhoods 2019

Hottest Chicago Condo / Townhome New Construction Neighborhoods 2019
I’m finally getting around to this follow up post on Chicago new construction. A couple of weeks ago I looked at single family homes and now I’m taking a look at condos and townhomes. As with my last post I’m using a slightly different methodology that includes more legitimate properties than my previous method. I... Read more »