Archive for June 2021

Case Shiller: Chicago Area 7 Year Record Home Price Growth Doesn't Cut It

Case Shiller: Chicago Area 7 Year Record Home Price Growth Doesn't Cut It
S&P Dow Jones released the April CoreLogic Case-Shiller home price indices this morning showing that Chicago area single family home prices continue to soar. The 9.9% gain from last year is the highest appreciation in exactly 7 years and the 102nd consecutive month of annual gains. Condo prices in the area grew at a much... Read more »

Experts Even More Optimistic About National Home Prices...Chicago Meh

Experts Even More Optimistic About National Home Prices...Chicago Meh
Zillow and Pulsenomics released their 2nd Quarter 2021 Home Price Expectations Survey a couple of weeks ago, only 2 months after the release of their first quarter survey. That first quarter survey was already pretty optimistic but these real estate experts just provided an even more optimistic outlook. If you compare the graph below to... Read more »

Chicago Foreclosure Activity Continues To Drift Higher

Chicago Foreclosure Activity Continues To Drift Higher
I had trouble getting the Chicago foreclosure activity data last month since RealtyTrac changed their Web site and no longer provides the data I have been using – at least not for free anymore. However, ATTOM Data Solutions has graciously agreed to continue to provide that data so I was able to catch up this... Read more »
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Chicago Real Estate Market Update: Home Sales Set 15 Year Record In May

Chicago Real Estate Market Update: Home Sales Set 15 Year Record In May
The Chicago real estate market continued its record setting pace in May, hitting a 15 year high in closed sales. You can clearly see it in the graph below, which has all the May values flagged in red. Also, note that the green 12 month moving average is higher than it has been in 14... Read more »