Chicago Metro Area Real Estate
A Better Buying Experience
Chicago’s Case-Shiller Index for August is up 8.7% from August 2012. It’s the tenth consecutive month it’s been up compared to a year earlier. It’s back to its February 2003 level. It rose 1.6% from July. The Case-Shiller Index for Chicago is based on resales of houses in the Chicago Metro Area. It’s published with […]
The inventory of listed Chicago condos for sale continues to fall.* There were 11,848 condos for sale in Chicago in the third quarter down 9.5% from third quarter 2012 when there were 13,092 condos for sale. The percent of distressed sales (short sales and foreclosures) dropped from 31% of the inventory to 19%. In July […]
The median sale price of listed houses in Chicago in the third quarter was up 20.0%.* The median sale price was $180,000. Back in July I wrote about how the median sale price of Chicago houses was up 12.7% in the second quarter. As shown below, the increase for the third quarter was the largest […]
The median sale price of listed condos in Chicago’s Loop in the third quarter was up 22.8%.* The median sale price was $350,000. Back in July I wrote about how the median sale price of Loop condos was up 4.7% in the second quarter. As shown below, the increase for the third quarter was the […]
The inventory of listed downtown Chicago homes for sale continued to drop in the 3rd quarter. There were 9.5% less such homes for sale compared to 3rd quarter 2012. There were 2,564 downtown Chicago homes for sale vs. 2,834 a year earlier. The percent of distressed sales (short sales and foreclosures) on the market dropped from 12% of the inventory to 6%.
"We found Fran via an Internet search. Initially not living in Chicago, we took a leap of faith, flew to Chicago, and immediately knew we had made the correct decision selecting Fran as our agent."
Michael
"I had purchased 6 homes with 5 different realtors prior to using Fran's services...Fran, however, was the best realtor that I have experienced working with"
Joseph
"When it came to the negotiation process, Fran's approach was calm and methodical, and her recommendations were crucial to us negotiating a very fair price."
Alfred
