Getting Real

Another New Low In Chicago Housing Prices

Oh, the humanity! The Case Shiller home price index just came out for Chicago for the month of February and it’s more bad news for sellers (but good news for buyers). Single family home prices dropped by another 2.6% while condo prices fell by another 2.4%. Chicago was one of 9 cities where home prices... Read more »

By Gary Lucido,
April 24, 2012 at 8:41 am

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Chicago Home Prices Hit Lowest Level In 11 Years

It was all but certain that today’s release of the January Case Shiller home price index for Chicago was going to show continued declines and hit a new record low. And now that we have the numbers we can see just how bad it is – for sellers. With an additional 1.9% decline for single... Read more »

By Gary Lucido,
March 27, 2012 at 8:59 am

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Chicago Home Prices Heading Towards New Lows

With a few months left before we hit the normal seasonal lows in home prices Chicago has already come very close to the lowest home price levels reached last year. The Case Shiller home price index for December came out today and Chicago fared worse than all the other cities tracked except for Detroit. Single... Read more »

By Gary Lucido,
February 28, 2012 at 9:14 am

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Chicago Home Prices: Largest Monthly Drop In 3 Years

The release of the Case Shiller Home Price Index for November must have been pretty hotly anticipated – or S&P’s was having technical problems – maybe both. It took me an hour just to get to the data this morning. Once again the Case Shiller index shows that Chicago home prices continued to fall –... Read more »

By Gary Lucido,
January 31, 2012 at 9:08 am

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Chicago Home Prices Likely To Hit New Low In January

With Tuesday’s release of the Case Shiller index showing another drop in Chicago home prices I thought I would take a closer look at what lies in store for 2012. According to the Case Shiller folks there’s normally a bit of seasonality in Chicago home prices with the September Case Shiller index about 3% above... Read more »

By Gary Lucido,
December 28, 2011 at 9:33 pm

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Chicago Home Prices Continue Falling In October

The Case Shiller Home Price Index just came out and it shows a continued decline in Chicago home prices in October. If you will recall prices had been rebounding for several months – for the third time. Then starting in September they turned around. Now in October this quadruple dip is starting to take shape... Read more »

By Gary Lucido,
December 27, 2011 at 8:49 am

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Case Shiller Index: Chicago Home Prices May Be Heading Back Down

If the pattern of the last 3 years is any indication of the future we may see a new low in Chicago area home prices this spring. Case Shiller just came out with their September home price index for 20 metro areas and it shows single family home prices declining by 0.8% and condo prices... Read more »

By Gary Lucido,
November 29, 2011 at 9:29 am

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4th Month Of Home Price Increases In Chicago

Case Shiller just released their August home price data for Chicago and, after falling to a 10 year low in April, Chicago single family home prices have now rebounded 4 months in a row, rising a total of 8.4% – 1.4% from July. Condominium prices have risen 5 months in a row – a total... Read more »

By Gary Lucido,
October 25, 2011 at 8:45 am

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Crain's: Chicago Home Price Changes By Zip Code

Crain’s just released an interactive map for Chicago that shows home price changes by zip code for the first 6 months of the year. Not sure if you can see this without a subscription though. Also, there are a lot of zip codes with no data. However, where the data is available it shows that... Read more »

By Gary Lucido,
October 13, 2011 at 11:38 am

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Chicago Home Prices Continue To Increase In July

It seems like everyone was trying to get to the July Case Shiller home price index numbers at the same time this morning. They were released at 8 AM Central time but the site was slammed for the first 9 minutes. I guess it’s really popular data. What the data showed is that in the... Read more »

By Gary Lucido,
September 27, 2011 at 8:31 am

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