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A little over a year ago I wrote about the remarkable rise of single family home inventory in the higher income neighborhoods on Chicago's north side. Remarkable because all the rest of Chicago's home inventory was simultaneously hitting incredible new lows, causing a housing shortage for buyers. But just as mysteriously and suddenly the supply of... Read More
RealtyTrac did not release a Foreclosure Market Report for August. I believe they're only doing it once per quarter now that the story doesn't change that much from one month to the next. Nevertheless, they updated their data for Chicago, which I have incorporated in my Chicago foreclosure activity graph below. Total foreclosure activity in... Read More
