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Housing Bulletin

3/28/12 More Evidence That Blacks, Latinos Were Hit Harder by Housing Bust Positive signs in the housing market these days are outnumbered by negative ones—such as the data released Tuesday by Case Shiller that showed Chicago home values in January 2012 dipping back to January 2001 levels. And in neighborhoods that are largely African-American or Latino, the positives are even fewer... Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (0)
3/21/12 Twelve Communities That Might Be on the Rebound Digging into the data from which we built the home-values charts in the April issue of Chicago, I’ve found a dozen city neighborhoods or suburbs showing signs that they’ve hit bottom and may be on the way back up... Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (0)
	3/15/12 Ryno Selling in Streeterville; Chico Sells in Little Italy Cubs great Ryne Sandberg and his wife, Margaret, put their three-bedroom Streeterville co-op on the market Wednesday, asking $650,000. The home has 2,500 square feet of space in a classic brick-and-limestone 1920s building... Posted at 6:39 p.m. in Housing Bulletin | Permalink | Comments (1)
	3/14/12 Kenilworth: The Champ of Five-Year Home Values For the April issue of Chicago, which hits newsstands this week, we created charts that show how home values are holding up in the city’s neighborhoods and suburbs. For the most part, they’re looking wan, at best—except for Kenilworth... Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (2)
	3/7/12 Smart Tech’s Bungalows for the 21st Century In Logan Square, East Pilsen, and other Chicago neighborhoods, new residences are going up—and being swiftly bought—that go by the brand name Smart Tech Homes. But they could also be called the bungalows of the 21st century... Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (1)
	2/29/12 Michael Jordan Lists Highland Park Mansion for $29 Million Michael Jordan, that most iconic of Chicago sports figures, put his gated Highland Park estate on the market this morning, asking $29 million. It is by far the highest-priced home listed in the Chicago area. A Barrington Hills estate is up for $14.9 million... Posted at 10:08 a.m. in Housing Bulletin | Permalink | Comments (0)
	2/29/12 Hinsdale is on a Tear Again Before the housing bust, Hinsdale was the Chicago area’s capital of teardowns, with more than 100 older homes replaced by new construction each year from 2004 to 2007. That pace slowed during the bust, but the demolish-and-replace trend has been percolating back to life—and accelerating in the past few months—say real-estate agents, builders, and the village official who monitors construction in that western suburb. After 29 demolitions in 2010, there were 35 in 2011, says Robert McGinnis, Hinsdale’s building commissioner, and he expects the village to top that in 2012... Posted at 9:50 a.m. in Housing Bulletin | Permalink | Comments (1)
	2/22/12 Real-Estate Listings Are Getting Greener With an increasing share of homebuyers putting energy efficiency and other green features at or near the top of their wish list, the Chicago-area multiple listing service is giving environmentally friendly features more prominence. Last week, Midwest Real Estate Data (MRED) added a Walk Score; it’s a measure of how many services can be accessed from a home without driving... Posted at 10:03 a.m. in Housing Bulletin | Permalink | Comments (3)
	2/15/12 Latinos Getting Hit Two Ways by Foreclosures Chicago’s Latino Policy Forum has discerned a painful irony: Latino neighborhoods and suburbs have a heavy concentration of both over-crowded housing units and empty foreclosures. “We have these two phenomena happening concurrently,” said Juliana Gonzalez-Crussi, the forum’s policy and housing analyst, when we talked on Monday... Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (0)
	2/8/12 The Mack Daddy of Foreclosure Flippers The Tinley Park mansion that the former NBA star Antoine Walker lost in foreclosure when he declared bankruptcy in 2010 was left in sorry condition. Water stood waist-deep in the basement, murky goo filled the indoor pool, and at least 32 light fixtures were gone. But Jim McClelland Jr. and Eric Workman saw an opportunity... Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (1)

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