Archive for March, 2008

Sales of single-family homes drop 37 percent in Brighton Park

Sales of single-family homes fell to a new low in Brighton Park in 2007 amidst one of the most difficult market in recent years.
According to data from the Chicago Association of Realtors, a total of just 63 homes were sold in the neighborhood in 2007, down from 100 units sold in 2006.  This is the […]

Suburban condos offer maintenance free living

Not all suburban buyers are looking for a single-family home. There are several new condo developments around the suburban Chicago area that offer a mix of urban amenities and a suburban lifestyle.
Buyers looking for a new condo in Northlake should stop by and see what’s available at Wold Ridge Condominiums. This mid-rise building […]

Sales rebound in Forest Glen

Sales of single-family homes were down across Chicago in 2007.  However, some neighborhoods continue to see a rise in demand.
Forest Glen was one neighborhood that saw sales rebound in 2007.  According to data from the Chicago Association of Realtors, a total of 168 homes were sold in the neighborhood during the year, up from 147 […]

Home prices down in most major metropolitan areas

Home prices fell in 19 of 20 major metropolitan markets.  The S&P Case/Shiller Home Price Index of prices in major cities showed decreases in all areas except Charlotte, which saw a 1.8 percent increase in January.
Las Vegas, Miami, Phoenix, and Los Angeles fared the worst in 2007.  Prices in both Miami and Las Vegas slid […]

Sales hit 16-year low in Garfield Ridge

Sales of single-family homes hit a new low in Garfield Ridge in 2007.  According to data from the Chicago Association of Realtors, a total of 243 homes were sold in the neighborhood during the year, down from 325 units sold in 2006.
It is the lowest total sales seen in the neighborhood since 1992, when just […]