Information
- Founded:
- Chicago, 2005
When the economy is distressed, as it currently is, young adults often retreat to their parents’ homes – leaving empty apartments behind them. They’re “boomerang renters” in The Wall Street Journal’s colorful phrasing. That’s a t...
Does anyone know the current status of this boarded-up bust-out at Damen and Webster, in Bucktown?
The Case-Shiller Condominium Values index is available for September, and it reflects both falling (year-over-year, 10%) and rising (quarter-over-quarter, 1.4%) values in Chicago. More, later.
Three stories above Lake Shore Drive you’ll find a setting that surprises, both in its scale and its variety. It’s the 2 ½ acre park at Lake Point Tower, the creation of landscape architect Alfred Caldwell, who also created the recently-restored lily pool in Lincoln Park.
Going into 2010, where are Chicago home prices going, and in which neighborhoods are buyers expecting to score great deals? Last week, Matt Garrison talked to Joe Zekas about what he’s seeing around the city and how his new Web site, CondoShark.com, will help buyers identify motivated buyers. ...
So you’ve just pulled in $4.5 million at your condo auction — now what? In most of the cases we’ve seen this year, developers quickly roll out a new set of price points based on (but not identical to) the auction’s results. For Mo...
If you don’t subscribe to our Chicago Real Estate News feed, you may have missed these stories from the past few days: Home sales in Chicago were up 33 percent in October from a year earlier, but median home prices were down almost 16 percent, according to the Illinois Association of Realtors. ...
It has great schools, a vibrant downtown, and housing options that range from modest to luxurious. Oak Park Avenue, which serves as a Main Street shopping area, includes a beautiful town square where residents gather and children ride bicycles...
For the many who’d rather see the numbers than the media spin, Yo’s providing direct links to the housing data due out in the coming week. , Monday will bring you data on existing home sales in October. Th...
A recurring meme among some North Shore real estate agents of late has been concern about the impact of what they view as a pending wave of foreclosures in the area. When I sat down with Matt Garrison yesterday, I asked him to comment on that possibility...
Several agents in recent weeks have told us that proper staging is vital to selling a home in this market. Several weeks ago, Joe Zekas and Prudential Rubloff agent Francesca Rose shot video of a resale at ParkView Condominiums, 505 N McClurg Ct, prior to its being staged...
It hasn’t put the brakes on closings, but it certainly changed from a green light to a yellow light. It’s not a red light, but without Fannie Mae approval and a stable of portfolio lenders that are easily obtainable, it has definitely slowed down the process. - ...
It’s the Friday after the Michigan Avenue Tower II auction, which means it’s time for the development’s sales team to roll out a new pricing schedule for its unsold units at the high-rise, located at 1400 S Michigan Ave in the South Loop. Righ...
Turns out all it took to get Flair Tower’s vital deets was a trip to the development’s new leasing center in River North. I stopped by the office during my lunch break yesterday and walked out with a handful of promotional materials including a full list of rental rates and fees. Th...
