ChicagoRealEstatePlus.com http://chicagorealestateplus.com Chicago Real Estate | Chicago Neighborhoods | Chicago Blog Tue, 03 Jan 2012 07:01:07 +0000 en hourly 1 http://wordpress.org/?v=3.1 The 5 Top Real Estate Stories of 2011 http://chicagorealestateplus.com/2012/01/the-5-top-real-estate-stories-of-2011/ http://chicagorealestateplus.com/2012/01/the-5-top-real-estate-stories-of-2011/#comments Tue, 03 Jan 2012 07:01:07 +0000 Sandra Matson http://chicagorealestateplus.com/?p=618 2011 in 3D

                  The KCM Blog is one of my favorite for real estate news, information, thoughts and simple infographics.  Today I am going to refer to their blog, 5 Top Real Estate Stories in 2011.  After stating that things we expected to happen didn’t and things we didn’t [...]]]> 2011 in 3D

 

 

 

 

 

 

 

 

 

The KCM Blog is one of my favorite for real estate news, information, thoughts and simple infographics.  Today I am going to refer to their blog, 5 Top Real Estate Stories in 2011.  After stating that things we expected to happen didn’t and things we didn’t expect to happen did, they listed the following as headlines providing the greatest impact in 2011.

1.  Interest Rates remained at historic lows
2.  Sales were up over 2010
3.  Contract cancellation rate surges
4.  Foreclosures were delayed
5.  Prices move up then down

For more details on each of these take a look at KCM’s Blog.

 

 

 

]]> http://chicagorealestateplus.com/2012/01/the-5-top-real-estate-stories-of-2011/feed/ 0 2011 Housing Inventory Snapshot – Lincoln Park http://chicagorealestateplus.com/2012/01/2011-housing-inventory-snapshot-lincoln-park/ http://chicagorealestateplus.com/2012/01/2011-housing-inventory-snapshot-lincoln-park/#comments Mon, 02 Jan 2012 20:02:19 +0000 Sandra Matson http://chicagorealestateplus.com/?p=602 Rising profits

Housing Inventory Snapshot Year Ended December 2011   Average List Price Median List Price DOM – # Units Lincoln Park   Active Listings Single Family under $1M $795,586 $849,500 287 | 21 Single Family over $1M $2,724,033 $2,250,000 296 | 101 Condo/Townhome under $600K $339,303 $324,900 204 | 360 Condo/Townhome over $600K $1,229,119 $795,000 240 | [...]]]> Rising profits

Housing Inventory Snapshot Year Ended December 2011
  Average List Price Median List Price DOM –

# Units
Lincoln Park   Active Listings
Single Family under $1M $795,586 $849,500 287 | 21
Single Family over $1M $2,724,033 $2,250,000 296 | 101
Condo/Townhome under $600K $339,303 $324,900 204 | 360
Condo/Townhome over $600K $1,229,119 $795,000 240 | 85

 

 

Housing Inventory Snapshot Year Ended December 2011
  Average List Price Average Sale Price DOM –

# Units
Lincoln Park  Sold
Single Family under $1M $819,780 $753,831 125 | 43
Single Family over $1M $2,024,867 $1,849,652 241 | 101
Condo/Townhome under $600K $356,508 $337,569 159  | 552
Condo/Townhome over $600K $805,436 $762,998 158 | 124

 

 

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. DOM = Average Days on Market

*Calculation is based on past 3 months.

]]> http://chicagorealestateplus.com/2012/01/2011-housing-inventory-snapshot-lincoln-park/feed/ 0 Reputable Sources Say Buy Now http://chicagorealestateplus.com/2011/11/reputable-sources-say-buy-now/ http://chicagorealestateplus.com/2011/11/reputable-sources-say-buy-now/#comments Sat, 12 Nov 2011 06:13:15 +0000 Sandra Matson http://chicagorealestateplus.com/?p=595