Crain’s Chicago Business just released a great article citing the Case-Shiller composite revealing that while Chicago home prices have dropped 10% in the last year, that’s nowhere near the 16% experienced nationwide. In addition, the pace of home declines has slowed somewhat in the past quarter, according to Crain’s.
Goes to show you – there is no such thing as a national real estate market!
Access the entire article here.
Posted By:
John D’Ambrogio

Once again my friend and business colleague Chip Wagner has supplied me with The Chicagoland Monthly Housing Market Pulse for July and August. What does it mean for the luxury buyer in Chicago? Well, there is still a huge huge supply in the million dollar plus range (17 months for detached and 11 months for attached), making it a buyer’s market by any definition. 





