Archive for April 2022

Case Shiller: Strongest Growth In Chicago Area Home Prices In More Than 3 Decades

Case Shiller: Strongest Growth In Chicago Area Home Prices In More Than 3 Decades
S&P Dow Jones CoreLogic released their February Case Shiller home price indices this morning which showed that the nation’s single family home prices rose by 19.8% over the last 12 months. That’s up from January’s 19.2%. I think that’s close to an all time record. Of course Phoenix still tops the list with a 32.9%... Read more »

Chicago Foreclosure Activity Returning To Pre-Pandemic Levels

Chicago Foreclosure Activity Returning To Pre-Pandemic Levels
ATTOM Data Solutions came out with their March and Q1 Foreclosure Market Report on Thursday. The headline from that report sounds scarier than it really is. All that it boils down to is that foreclosure activity is gradually returning to pre-pandemic levels now that the foreclosure moratorium has ended. The month over month and year... Read more »

Chicago Real Estate Market Update: March Sales Almost A 16 Year Record

Chicago Real Estate Market Update: March Sales Almost A 16 Year Record
Last March set a 15 year record for home sales in Chicago – by a lot, as you can see in the graph below. That graph plots the monthly sales figures and a 12 month moving average with all March data points flagged in red. So it’s truly remarkable that this March came even close... Read more »
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Real Estate Experts Get Even More Bullish On Home Prices

Real Estate Experts Get Even More Bullish On Home Prices
I just covered the most recent Case Shiller home price indices release that tells you were home prices have been going so now is a good time to give you an idea of where home prices are believed to be heading. A couple of weeks ago Zillow and Pulsenomics conducted their Q1 2022 Home Price Expectations... Read more »

Case Shiller: Strongest Growth In Chicago Area Home Prices In 6 Months

Case Shiller: Strongest Growth In Chicago Area Home Prices In 6 Months
Last week’s release of the January Case Shiller home price indices by S&P Dow Jones CoreLogic showed renewed strength in home price appreciation across the nation. After losing just a little bit of steam in the last few months January registered a 19.2% gain from a year ago, up slightly from December’s 18.9% gain. Home... Read more »