Archive for July, 2008

Home prices down 16 percent nationwide

The home price index fell yet again in May, but this time at one of the fastest rates in recent months.  The index by Standard & Poor’s/Case-Shiller measures prices in the 20 biggest metropolitan areas around the nation.
According to the index, prices were down by 15.8 percent from the same month last year, while another […]

Sales down again in Oak Lawn

Sales of single-family homes continue to languish in many neighborhoods around the Chicago suburbs.  Oak Lawn was no exception as sales fell for the second straight year in the area.
According to data from the Chicago Association of Realtors, a total of just 55 single-family homes were sold in the neighborhood during the first quarter, down […]

Luxury Grayslake homes at Cambridge at Water’s Edge

Buyers in the Chicago suburbs have many homes and condominiums that offer luxurious amenities to choose from.  If you’re looking for a luxury townhome in Grayslake, you’ll love the incredible new development Cambridge at Water’s Edge.
This development is led by Cambridge Homes, one of the largest homebuilders in the region.  Buyers can choose from several […]

Prices, sales down for single-family homes in Chicago

Sales of single-family homes fell sharply during the second quarter across the city.  Prices were also down in almost every neighborhood during the quarter. 
According to data from the MLS, a total of 1,748 single-family homes were sold during the second quarter, down from 2,340 homes sold during the same period last year.  This represents a […]

Mokena home sales reach 11-year low

Sales of single-family homes fell yet again in Mokena during the first quarter.  The neighborhood was one of many around the Chicago region to see a drop in sales in recent months.
A total of just 20 single-family homes were sold during the first quarter in Mokena, according to data from the Chicago Association of Realtors.  […]