The Illinois Association of Realtors announced last month that December’s total home sales were up 20.1 percent compared to December 2008. The report marked the fourth consecutive month that sales were on the upswing—so is the Chicago real estate market looking up?
Entries Tagged as 'Foreclosures Chicago'
Chicago’s Lincoln Park Not Immune to Recession, But Remains Hopeful
July 21st, 2009 · No Comments · Commercial, Housing economy, New Construction, Residential, Uncategorized
Lincoln Park: one of Chicago’s best neighborhoods. Many flock to this community because of its restaurants, parks, shopping, nightlife, entertainment—and booming Chicago real estate market. Yet as Fox Chicago’s Mark Saxenmeyer reported last Thursday, this high-end neighborhood isn’t immune to recession.
Although the troubles facing Lincoln Park aren’t as bad as the rest of the city, [...]
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Chicago Real Estate and Short Sale Information
May 5th, 2009 · No Comments · Residential
As the nation falls deeper into recession, many Chicago homeowners are faced with the difficult reality of foreclosure. On April 16, the Sun-Times reported that Chicago-area foreclosures had increased by 69 percent in the first quarter compared to last year.
Throughout the state foreclosure filings were up 79 percent from February to March, leaving Illinois with [...]
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