Condo prices in the Chicago metropolitan area were better in May than April, according to the newly-released Standard & Poor’s/Case-Shiller Home Price Index. The report revealed a month-over-month increase of 2.9% for condos in the city of Chicago and its surrounding suburbs. Prices for single-family homes also went up a tick (1.7%), which puts them [...]
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Chicago Condo Prices Show Gains
Is the Chicago condo market on the verge of making a comeback? Condo prices had their third consecutive month of year-over-year gains last month, which could be a good sign for both Chicago condo buyers and sellers alike. According to the latest report from the Illinois Association of Realtors (IAR), the median price for Chicago [...]
Does That Condo Building Make the Grade for Financing?
There are a lot of hurdles to jump when buying a Chicago condo in today’s real estate market. But you’ve done your homework and are now considered a qualified buyer: You’ve got your credit score up, you’ve saved money to use for a down payment, you have a secure job with a steady paycheck, you’re [...]
Elysian Condos Take Top Dollar in Chicago Home Sales
The Elysian is a new construction luxury hotel and condo in Chicago’s prestigious Gold Coast neighborhood. The 60-story tower had three of the top five most expensive Chicago-area home sales in the past year and is one of the most celebrated high-end residential developments in the city. An ultra swanky 6400+ sq. ft. unit in [...]
Chicago Condo Sales Jumped 26% in June
Sales of condominium units in the City of Chicago went up 26.7% last month compared to June of 2009. It is an indication that the government home buyer tax credit did indeed stimulate the real estate industry—and perhaps is a sign of stabilization in the downtown housing market…
End of 2008: Chicago Condo Prices Hold Steady
Listing and closing numbers for the last week of 2008 have been released and Chicago condo prices remained stable from the previous year…
Condos Sell In Chicago
The Chicago housing market reacts differently than that of the nation as a whole…
