Posts tagged "Chicago home prices"

Case Shiller: Chicago Area Falls To Last Place In Home Price Gains

Case Shiller: Chicago Area Falls To Last Place In Home Price Gains
When US single family home prices hit a sixth consecutive monthly high and the top 20 metro areas register an average 5.7% gain in home prices over the last year while Chicago is still struggling to get back to the housing bubble peak and only registers a 3.3% year over year gain…well….that’s sadder than even... Read more »

Case Shiller: 4% Chicago Area Home Price Gains Kinda Sad

Case Shiller: 4% Chicago Area Home Price Gains Kinda Sad
When the 20 metro areas covered by Case Shiller average a 5.7% year over year gain in single family home prices it’s pretty sad when the Chicago area can only eke out a 4% gain. That’s the lowest year over year gain in 5 months and once again Chicago finds itself 4th from the bottom... Read more »

Home Price Forecast: Experts Raise Their Outlook Once Again

Home Price Forecast: Experts Raise Their Outlook Once Again
A couple of weeks ago Zillow and Pulsenomics released their 2nd quarter Home Price Expectations Survey for the nation and their panel of more than 100 real estate experts have gotten more optimistic since they released their last survey. I don’t think they really had much choice given that the year over year home price... Read more »
Advertisement:

Case Shiller: Chicago Area Home Price Gains Lag The Nation

Case Shiller: Chicago Area Home Price Gains Lag The Nation
Remember last month when I told you how single family home prices in the Chicago area had gained 6.2% from the previous year and we had risen in the rankings of the 20 cities that Case Shiller tracks? Yeah, well forget that. S&P Dow Jones just released the March Case-Shiller home price indices and with... Read more »

Case Shiller: Chicago Area Home Price Gains Set Another Record

Case Shiller: Chicago Area Home Price Gains Set Another Record
S&P Dow Jones just released their February Case Shiller Home Price Index which shows the nation’s home prices hitting their 4th consecutive all time high. Although the Chicago area can’t make the same claim the Case Shiller Chicago index did rise in the rankings of 20 metro areas based upon a 6.2% year over year... Read more »

Case Shiller: Chicago Area Home Prices Are On A Roll Now

Case Shiller: Chicago Area Home Prices Are On A Roll Now
Well, it certainly took long enough. With the tight inventory levels in the Chicago area we kept wondering when home prices were going to reflect the supply/ demand reality. Finally, this morning’s release by S&P Down Jones Indices of the January Case Shiller home price index confirmed what should have been the inevitable: home prices... Read more »
Advertisement:

Nope...Chicago Home Prices Are Not Above The Bubble Peak

Nope...Chicago Home Prices Are Not Above The Bubble Peak
I’ve been having an ongoing debate for quite some time now with Sabrina, the proprietor of CribChatter, regarding whether or not Chicago home prices are “well past peak” in Chicago’s more affluent neighborhoods. She contends that prices have soared past the bubble peak and I claim they have not. Each of us has our own... Read more »

Case Shiller: Chicago Area Home Prices Show Strongest Gains In 30 Months

Case Shiller: Chicago Area Home Prices Show Strongest Gains In 30 Months
Low home inventory levels are finally starting to have a significant impact on home prices. The only mystery at this point is what took it so long? The December Case Shiller home price index just came out from S&P Corelogic for the 20 metro areas they track and the nation as a whole and it... Read more »

Urban Housing Costs Take Big Bite Out Of Income - But Not In Chicago Area

Urban Housing Costs Take Big Bite Out Of Income - But Not In Chicago Area
Between rising home prices, rising mortgage rates, and rising rents housing costs are on the rise and have just hit some of the highest levels in recent years. Last week Zillow released their Analysis Of Mortgage And Rent Affordability which showed that, nationally, mortgage payments are taking up the largest share of income since June... Read more »
Advertisement:

Home Price Forecast: Experts Grow More Optimistic

Home Price Forecast: Experts Grow More Optimistic
On Friday Zillow and Pulsenomics came out with their Q1 2017 Home Price Expectations survey which contains the consensus home price forecast for the nation of over 100 housing experts. Overall it’s a brighter outlook than their 4th quarter outlook which was actually dialed back a bit from their 3rd quarter outlook. In order to... Read more »