Archive for February 2021

Case Shiller: Chicago Area Home Prices Continue Surge While Lagging Nation

Case Shiller: Chicago Area Home Prices Continue Surge While Lagging Nation
S&P Dow Jones released their December CoreLogic Case Shiller home price indices this morning. The year over year price increase for the nation’s single family homes moved into double digit territory with a 10.4% gain, which is the largest increase in 7 years. That was up from a 9.5% increase for November so price appreciation... Read more »

Tenth Month Of Record Low Chicago Foreclosure Activity

Tenth Month Of Record Low Chicago Foreclosure Activity
The January 2021 U.S. Foreclosure Market Report from ATTOM Data Solutions came out last week along with updated numbers for RealtyTrac (owned by ATTOM). The Biden administration also just extended the foreclosure moratorium and forbearance program through June. Nationwide foreclosure activity is still down around 80% from last year. As Rick Sharga, RealtyTrac executive vice... Read more »

Chicago Real Estate Market Update: Powerful Start To 2021

Chicago Real Estate Market Update: Powerful Start To 2021
It looks like the Chicago real estate market is off to a really strong start in 2021 with January setting a 14 year record high for closings. Closings last month were 17.1% higher than last January as the market continues to make up for lost home sales early in the pandemic. In fact, for the... Read more »
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