Archive for April 2021

Case Shiller: Chicago Area 7 Year Record Home Price Appreciation Disappointing

Case Shiller: Chicago Area 7 Year Record Home Price Appreciation Disappointing
S&P Dow Jones released the February CoreLogic Case Shiller Home Price Indices this morning which show that the nation’s single family home prices rose 12.0% over the previous year, compared to 11.2% for the 12 months ending in January. That was the highest year over year appreciation rate in 15 years. Alas, the Chicago area... Read more »

Despite Moratorium Chicago Foreclosure Activity Hits A One Year High

Despite Moratorium Chicago Foreclosure Activity Hits A One Year High
The ATTOM Data Solutions Q1 2021 Foreclosure Market Report released yesterday provided a bit of insight into what is going on with Chicago’s and the nation’s foreclosure activity in the era of a perpetual moratorium on foreclosures. The latest extension of the moratorium moved it out to June 30 but it’s likely to get extended... Read more »

Chicago Real Estate Market Was On Fire In March

Chicago Real Estate Market Was On Fire In March
First, let me be clear that closings in the Chicago real estate market were not depressed in March of last year. In fact, sales were up 2.8% over the previous year because those contracts had been written mostly in February and earlier, before things got ugly. So, when I tell you that closings this March... Read more »
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