Archive for May, 2014

Market Conditions: Chicago April Sales Fall 7.6% But Median Price Jumps 12%

Sales have been slowing for several months in Chicago. After the surge in 2013, it’s not surprising that year over year numbers show a decline. Remember, it wasn’t until May of 2013 that mortgage rates spiked. From the Illinois Association of Realtors: The city of Chicago saw a 7.6 percent year-over-year home sales decline in […]

Who Says There Was a Housing Bust? 83.6% Appreciation in 10 Years: 832 W. Wolfram in Lakeview

We last chattered about this 3-bedroom townhouse at 832 W. Wolfram in Lakeview last year. See our March 2013 chatter here. The old listing said it was a townhouse but didn’t mention any assessments at all. This listing says it is “fee simple.” As you can see from the picture, it is the unit behind […]

Another Chance to Buy in the Greystone at 562 W. Arlington in Lincoln Park

We’ve chattered off and on about various units in this 4-unit greystone at 562 W. Arlington in East Lincoln Park over the years. See our chatter on Unit #2 in 2009 here. The 2-bedroom top floor penthouse recently returned to the market. It has been listed on and off beginning in 2009. This building was […]