Archive for May 2021

Case Shiller: Chicago Only Metro With Single Digit Home Price Appreciation

Case Shiller: Chicago Only Metro With Single Digit Home Price Appreciation
Let’s say you’ve been planning on leaving the Chicago area for another city. Well, yesterday’s release of the March CoreLogic Case Shiller home price indices by S&P Dow Jones says you’re basically screwed. Actually, it’s been saying that for a while but yesterday’s release really rubs your nose in the fact that the cost of... Read more »

Chicago And Illinois Politicians Pretend They Can Create Affordable Housing

Chicago And Illinois Politicians Pretend They Can Create Affordable Housing
Over the last few months politicians across Chicago and Illinois have been working overtime pursuing the impossible dream, trying to wave their magic legislative wands to conjure up affordable housing out of thin air. While it will probably succeed in getting them the votes they’re after it will ultimately fail, as it always does, in... Read more »

Best Outlook For National And Chicago Area Home Prices In A Decade

Best Outlook For National And Chicago Area Home Prices In A Decade
This blog post is a bit overdue but I’ve been distracted lately. Last month Zillow and Pulsenomics came out with their 1st Quarter 2021 Home Price Expectations Survey for the nation and the results were a bit more optimistic than we’ve seen in a little more than a decade. Because this is the first quarter... Read more »
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Sizzling Hot Chicago Real Estate Market Had Record Sales In April

Sizzling Hot Chicago Real Estate Market Had Record Sales In April
I think April had record sales but I can’t be entirely sure. Check out the graph below (all the April values are flagged in red) and notice that last month was slightly lower than April 2005. However, all the April 2005 sales are posted after 16 years but there are still a few April 2021... Read more »