Loop North News
WEBFirst of two articles looking back on Chicago newspapers in 1968. The change is a compromise with city officials who were concerned about too many swimmers concentrated on the river’s main branch. Loop North is a news and information website serving the Loop and Near North neighborhoods of downtown Chicago.
North Side home sales inching back to pre-pandemic levels
WEBBy Don DeBat. 2-May-23 – The market began 2023 much as it ended 2022, with first-quarter sales down by roughly one-third when compared to the pandemic-fueled buying surge that shaped the market from mid-2020 until the second half of 2022, according to the new Chicago North Side Market Report.. North Side home sales totaled 1,683 units during the first quarter of 2023, which was 32.5 percent ...
North Side home sales gains beat the rest of the city
WEB24-Jul-24 – Despite lofty mortgage rates, North Side existing-home sales in the second quarter of 2024 beat residential marketing activity in the rest of Chicago. Sales activity rose 4.1 percent across the North Side despite mortgage interest rates generally at 7 percent or more, combined with steadily rising home prices and a continuing ...
Chicago's tailspin housing market showing signs of revival
WEBAug 22, 2023 · “While July of 2023 was the 17th consecutive month of year-over-year home sales declines in Lincoln Park, the Gold Coast, the Near North Side, Lakeview, and North Center, we are beginning to see some signs of an improving market,” observed Realtor John Irwin (left), co-author of the Baird & Warner …
Home prices on the rise in Chicago's North Side market
WEBBy Don DeBat. 21-Jun-23 – The bad news is that May was the 15th consecutive month of year-over-year home sales declines in the Gold Coast, Lakeview, Near North Side, North Center, Old Town, and Lincoln Park neighborhoods.
Loop North News - North Side real estate market on wild ride
WEBBy Don DeBat. 31-Aug-22 – Who but God Himself could understand and interpret the post-COVID real estate market on Chicago’s North Side?. According to Baird & Warner’s August 2022 Market Analysis for Chicago’s North Side, home sales have declined for the past five consecutive months, compared to 2021, because of the impact of COVID-19, rising home loan interest rates, a declining stock ...
North Side luxury home prices rise while listings fall
WEBNov 19, 2023 · According to Freddie Mac’s Primary Mortgage Market Survey, benchmark home loan interest rates nationwide declined to 7.5 percent last week from 7.76 percent a week earlier.The November Baird & Warner market analysis also noted the following positive trends: • Homes under contract. While the number of homes that went under contract in October 2023 dropped 1.6 percent, compared with the same ...
Loop recovery continued through 3Q, says Chicago Loop Alliance
WEB6-Nov-23 – Economic activity in the Loop, July through September, continued its return to pre-pandemic levels, according to a new report by Chicago Loop Alliance. Pedestrian activity on State Street and Michigan Avenue was up in the past year to 75 percent of its pre-pandemic level, thanks to events such as Lollapalooza, NASCAR, and CLA’s ...
City plan expands affordable housing in five target areas
WEBFollowing decades of policy decisions that limited their construction, the ordinance amends the city’s Municipal Code to lawfully permit ADUs in five target areas, creating cost-effective housing options in many Chicago neighborhoods, while providing a financial boost to owners with existing ADUs.
Loop North News
WEBLoop North is a news and information website serving the Loop and Near North neighborhoods of downtown Chicago.