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Posts in category "Chicago housing statistics"

Housing prices rise. Chick-fil-a opens. What do you care most about?

I spoke at a career fair at a suburban high school today, talking to freshmen about what freelance writing is all about. One of the students asked me which of my stories generate the most interest. I hate to say it, but the first thing I thought of was Chick-fil-a. Every time I write about... Read more »

Resisting the temptation to declare the start of a Chicago housing market rebound

The March sales numbers from the Illinois Association of Realtors were good for Chicago. Not only did the number of condo and single-family home sales in the city rise during the month, so did the median price of these sales. That last point is important. For months, city of Chicago home sales have been rising... Read more »

Chicagoans can't keep still, apparently

There are a lot of us in Chicago who don’t like where we live. Not the city, of course. We like that. We just want to live somewhere else in it. At least that’s what the latest numbers from Movers.com, an online provider of moving information, seem to suggest. Movers.com released its latest round of... Read more »
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Looking for a quick real estate turnaround? How about waiting until 2015?

Albert Berriz Are things getting better yet in the real estate world? No one knows the answer to that. But those people working in the business say that anyone who expects a quick real estate turnaround, on both the residential and commercial sides of the business, is bound to be disappointed. Yesterday, for example, I... Read more »

Want a home that's more attractive to buyers? Live by the Metra

Living close to a Metra station is a good financial move. When my family and I were looking for a new home four years ago, we searched until we found one within walking distance — or bike-riding distance if we’re in a rush — of a Metra station. Turns out, that was a wise financial... Read more »

Even the ritzy Chicago suburbs have sluggish housing markets

When I was a kid, we considered a trip to the Plush Horse ice cream parlor in Palos Park to be a real treat. And why not? The ice cream was great. It still is. The housing market in Palos Park, though, isn’t so terrific these days. In fact, it’s a lot like it is... Read more »
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Why so stressed out Chicago?

Trying to get to work each morning in the Chicago area is no easy task. Housing values here are falling. The unemployment rate in Chicago stood at 10.5 percent in July, higher than the national average. And a new report from the Federal Reserve said that the economy in Chicago is actually slowing. It’s all... Read more »

Selling a Chicago home isn't complicated, even today

David Dornbos Selling a home, whether in Chicago, its suburbs or any other market, has never been a complicated matter. It’s all about making one big decision: Are you going to sell your Chicago condo or single-family home in an “as is” condition with a lower price tag, or are you going to update your... Read more »

Looking to sell a Chicago home today? The basics matter

Suzy Frederickson The latest numbers are enough to make owners think twice before putting their residences on the market: According to the latest figures from the National Association of Realtors, July housing sales across the country fell by 27.2 percent. July sales represented a 15-year low, and the biggest one month drop in housing sales... Read more »
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Finding the silver lining of falling housing prices

Bob Arnold’s certainly not a pessimist. How can he be? He’s found the silver lining in falling home prices. Arnold is a real estate agent with RE/MAX Team 2000 in Orland Park. You’d think he, of all people, would be sweating the lower housing prices. But here’s what he’s found: The lower housing prices in... Read more »