Archive for July 2021

Chicago Foreclosure Activity Not Budging Much

Chicago Foreclosure Activity Not Budging Much
A couple of weeks ago ATTOM issued their Midyear 2021 U.S. Foreclosure Market Report which shows just how little foreclosure activity there is relative to past years. Although it has been trending down for years now it just hit a record low, driven largely by the foreclosure moratorium. Of course, that doesn’t mean that people... Read more »

Case Shiller: Chicago 7+ Year Record Home Price Growth Still Last Place

Case Shiller: Chicago 7+ Year Record Home Price Growth Still Last Place
This morning we got the May CoreLogic Case Shiller home price indices for the top 20 metro areas that they follow. What they show is that the nation’s single family home prices rose 16.6% over the previous 12 month period. That’s an all time record for the country. The Case Shiller Chicago area index rose... Read more »

Massive Oak Brook Mansion Built By Frank Thomas Sells For 4th Time

Massive Oak Brook Mansion Built By Frank Thomas Sells For 4th Time
It’s been 4 1/2 years since I told The Sad But Colorful Story Of Frank Thomas’ Massive Oak Brook Mansion. In case, like me 4 1/2 years ago, you haven’t heard of Frank Thomas before…he was a baseball player for the White Sox. At that time it had just sold for the 3rd time to... Read more »
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Chicago Real Estate Market Update: June Sales 2nd Highest In 25 Years

Chicago Real Estate Market Update: June Sales 2nd Highest In 25 Years
Once again the Chicago real estate market had an incredibly strong month in June. It came close to setting a 25 year (probably an all time) record in home sales. Let’s ignore the meaningless comp to 2020 and focus on the fact that June closings were 36.3% higher than June 2019. You can see just... Read more »