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It’s over: After 7 years, buyer’s market in Chicago comes to an end 26 Aug 2013 | 10:48 pm
MOVING ON UP: With home inventory scarce and prices up 25% over last summer, buyers have lost their edge in the Chicago market. But sellers still must be mindful of the comps and price their homes acc...
Chicago home prices & sales skyrocket in May 24 Jun 2013 | 10:51 pm
GOING FAST: Like many homes in desirable Chicago neighborhoods, this Lincoln Square house sold in less than a week. With 3 bedrooms, 3 baths and a finished basement, it went for $555,000 -- less than ...
Spring market turns up the heat 5 May 2013 | 09:48 am
Chicago’s housing market is rapidly turning a corner, with prices climbing briskly this spring as buyers jostle for quality homes amid a morass of foreclosures and short sales. The number of homes for...
2012 home prices climb in most big cities, but not Chicago 28 Dec 2012 | 08:17 pm
Home prices have been falling — plunging, really — in Chicago for the better part of a decade now, declining about 30% since the city’s housing market peaked in 2006. But 2012 was supposed to be diffe...
Foreclosures spike again in Chicago 3 Nov 2012 | 10:12 pm
After falling amid an outcry over improper bank behavior, foreclosures are once again rising sharply in Chicago and Illinois as a whole. Last week, RealtyTrac reported that foreclosure activity in the...
Flippers return to Chicago housing 12 Oct 2012 | 06:58 pm
Hundreds of investors, it seems, are now spotting opportunity in Chicago’s rejuvenated housing market. House-flipping, a practice where someone buys a house (presumably at a discount) and quickly rese...
Why can’t I find a house? Low inventory baffles buyers 2 Oct 2012 | 06:20 pm
It’s an odd conundrum: Mortgage rates have never been lower and home prices have plunged, making 2012 an excellent time to buy property… And yet, there are so few places to choose from. Where have all...
3 in a row! Chicago home prices jump for 3rd month straight 28 Sep 2012 | 07:46 pm
It’s official: Home prices are at last on the rebound in Chicago, and around the nation as a whole. After a relentless six-year downturn that shaved about 30% off local prices, we have now seen three ...
Chicago home prices continue to climb 27 Jun 2012 | 04:57 am
ALMOST FULL PRICE: This beautiful 1883 home in west Andersonville sold in just 17 days. Featuring 3 bedrooms, 3 baths, lots of original woodwork and an extra-large lot, it sold for just $10,000 under ...
Downtown condo sales on the rebound 2 Jun 2012 | 10:52 pm
THE SCOOP IN THE LOOP: This 2-bedroom, 2-bath condo, located in a new 46-story tower at 235 W Van Buren, was listed at $329,900 and is now under contract. Sales of downtown Chicago condos like this on...
