Tracey

Distressed Properties Aside, Prices Are Improving in Chicago

The latest home prices report hints to Chicago new homes buyers that the market is still favorable, but it’s really in how you look at the numbers. According to the CoreLogic Home Price Index released this week, U.S. home prices increased 4.6 percent in August of this year compared to August of last year, marking …

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More Positive News for Chicago New Homes Construction

Construction spending in August dropped by more than it has in over a year, but that doesn’t mean the national and Chicago new homes markets aren’t improving. According to the Commerce Department, construction spending in the U.S. fell for the second straight month in August to a seasonally adjusted annual rate of $837.1 billion. The …

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