The Chicago Sun-Times reported today that the Cook County Assessor is looking at cutting home valuations.
Regional Economic Forecast 2009 Highlights 3 of 3
In part 2 of this blog post series I shared Lawrence Yun’s chart showing that the number of existing home sales have dropped back to 1998 levels. Buyers considering a new condo in downtown Chicago need to take a good look at Gail Lissner’s chart which I recreated below. This year 4700 new condos in […]
Regional Economic Forecast 2009 Highlights 2 of 3
In part 1 of this blog post series I shared James E. Glassman’s chart showing that home prices are now back in line with household incomes. Another Regional Economic Forecast 2009 Panelist, Lawrence Yun, presented the chart below showing that the number of existing home sales has dropped back to 1998 levels. However, now there […]
Regional Economic Forecast 2009 Highlights 1 of 3
Yesterday I attended the Regional Economic Forecast 2009 at the Palmer House Hilton. The event was sponsored by the Chicago Assoc. of Realtors and other Chicago area Realtor Boards. Chicago Magazine’s Deal Estate Columnist, Dennis Rodkin, moderated a panel consisting of: Lawrence Yun, Chief Economist for the National Assoc. of Realtors Michael S. Miller, Assoc. […]
Barrington House Sale Prices Drop 27% 4th Qtr. 2008!
Last night I reviewed market statistics for house sales in Barrington. A friend of mine who owns a house in Barrington is wondering if she should sell her home now. The median sale price# for houses in Barrington for the last quarter of 2008 dropped 27% from the same period a year earlier from $642,500 […]
