Kane County

National, Chicago Real Estate Numbers for January

Nationwide, the housing market posted an unexpected increase in sales last month. Chicago real estate did not fare as well, but some of its surrounding suburbs saw a rise. Let’s start locally. According to the Illinois Association of REALTORS, total home sales in the city of Chicago for January 2011 were down 14 percent compared …

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Metro Chicago Real Estate Prices Hit New Low

December home prices in the metro Chicago real estate market have posted a second consecutive record low since the housing boom of 2006. According to the latest report from the Standard & Poor’s/Case-Shiller Home Price Index, metro Chicago home prices fell 1.4 percent in December to 117.86, which beats the record low set in November …

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Chicago Residents are Moving to the Suburbs

No wonder there is so much Chicago real estate for sale: The city has lost 200,000 residents over the last decade. According to 2010 Census statistics released this week, Chicago, the third-most-populous city in the country, lost 6.92 percent of its residents between 2000 and 2010. That means that whomever becomes the next city mayor …

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Chicago Home Sales Gain Momentum for Third Straight Year

Home sales in the metro Chicago real estate market posted their third consecutive annual increase in 2010. Data released Wednesday showed that 69,251 homes sold in the seven-county metro Chicago area in 2010 compared to 68,999 in 2009. That’s a 0.4 percent increase. The information comes via RE/MAX Northern Illinois through data provided by MRED, …

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