Archive for the 'Real Estate' Category

Going green – trade show highlights new technologies

High tech homes used to focus primarily on giving the owner all of the conveniences dreamed of in old sci-fi movies.  However, today going high tech may have a different meaning for many homeowners.  Green technologies have moved to the forefront of the battle for homebuyers.
The trade show ‘Chicago Market: Living and Giving’, was recently […]

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 […]

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 […]

Chicago homes getting more affordable

If you’re interested in owning your own home, but don’t think you can afford it, you’re not alone.  Chicago homes reached their most expensive levels in 2006, at the height of the real estate boom, leaving many buyers unable to afford the sky high prices seen in many neighborhoods.
According to an affordability index created by […]