Archive for Single Family Homes
On a scale of 1 to 100, with 1 being awful and 100 being great, the number 27 doesn’t exactly exude confidence. It isn’t near the bottom, but it’s still quite a distance from the halfway point. However, as the housing industry seems to have arrived at the corner (not turned the corner, mind you) [...]
Originally Posted At: Chicagoland Real Estate Forum » Condos
Don’t believe everything you read. Apparently, Chicago real estate data reported by the Illinois Association of REALTORS® (IAR) has been wrong. Our state’s Realtors’ group admitted on Monday to inaccurately reporting the median price and sales volume reports of single-family homes and condominiums sold in Chicago. The IAR claims a technical error overestimated the May [...]
Originally Posted At: Chicagoland Real Estate Forum » Condos
Yesterday, we reported about Chicago real estate values and how it will most likely continue to be a buyer’s market for at least the rest of the year. Today, there is more evidence to support that theory. The Illinois Association of REALTORS has released its first quarter 2011 report to show that the sale of [...]
Originally Posted At: Chicagoland Real Estate Forum » Condos
As the nation’s housing market tries to recover, we have to expect some ebbs and flows along the way. This is one of those ebbs: After three straight months of increases, existing-home sales fell across the country last month. According to the National Association of REALTORS, the sale of existing U.S. homes dropped 9.6 percent [...]
Originally Posted At: Chicagoland Real Estate Forum » Condos
The Chicago real estate market posted an increase in sales and median price for the month of February, due mostly to the single-family home sector. Total home sales last month rose 2.1 percent from January in the city of Chicago, according to the Illinois Association of REALTORS latest report. The median home price saw an [...]
Originally Posted At: Chicagoland Real Estate Forum » Condos
