Posts tagged "Chicago condo inventory"

Will Chicago Home Prices Start To Rise As Sellers Hold Back?

Although I just posted on how Chicago home prices continue to fall at a very rapid rate there is a positive sign on the horizon. It would appear as though Chicago home sellers have finally had enough of falling prices and are refusing to put their homes on the market – they’ve drawn a line... Read more »

Chicago Condo Inventory Still Unseasonably High

We recently updated our market statistics for several Chicago neighborhoods (looking specifically at 2 – 3 bedroom condos) and for the 6th month in a row condo inventory remains fairly flat with an 18 – 19 month supply. As you can see from the chart above that is still high for this time of the... Read more »

Chicago Condo Inventory Rising Again; Market Time Trend Unknown!

As we expected, once the tax credit expired the number of contracts being written on Chicago homes plummeted. Consequently, home inventory is back on the rise. I tend to focus on 2 – 3 bedroom condos as a measure of home inventory since I see that as appealing to the most people. In addition, I... Read more »
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    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.

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