+ All Categories
Home > Real Estate > Market Expert Handout - Chicago Real Estate Market - May 2011

Market Expert Handout - Chicago Real Estate Market - May 2011

Date post: 09-May-2015
Category:
Upload: matt-dollinger
View: 3,932 times
Download: 1 times
Share this document with a friend
Description:
This handout is provided to members of the @properties Market Expert program in conjunction with Keeping Current Matters. The enclosed information discusses factual information about the Chicago real estate market specifically - as well as local North Side neighborhoods.
46
Key points of Discussion – Market Expert Classes – May 2011 After months of discussing the Keeping Current Matters materials, a key point that we must focus on as “Real Estate Advisors” is the presentation of layers of materials to justify our case. Pricing data is not enough to justify our position, we must build a tiered case of facts around ALL factors that contribute to the real estate market of today. We know that some (but not all) of these contributing factors are as follows: House pricing Home buyer mentality Mortgage rates Consumer Confidence Index Unemployment Numbers To truly build our case for home pricing and purchase, we need to use ALL of these factors together when discussing our clients’ options. While we gather much of this information from the presentations of Steve Harney and his Keeping Current Matters team, the local numbers provided today should assist in brining your arguments local. Some key points in these materials: 1. Crains Article – Great @properties promotion and the idea that home sellers are beginning to understand what they must do to sell. 2. Explaining Mortgage Deductions – a great article and link to online calculator that describes the benefits of owning a home 3. Rent or Buy – the New York Times and Trulia provide great data showing why Chicago is a better “buy” for home shoppers. 4. CAR Fast Stats – The Chicago Association of Realtors provides amazing data in various formats on units and sales price for many Chicago (and suburban) neighborhoods 5. Strategic Defaults – a recent article from Mary Ellen Podmolik of the Chicago Tribune describing the growing trend of strategic mortgage defaults. 6. Unemployment Numbers Decrease in Chicago – down to 8.7% Chicago unemployment numbers have decrease for the last 15 months and are now below National numbers.
Transcript
  • 1.Key points of Discussion Market Expert Classes May 2011After months of discussing the Keeping Current Matters materials, a key point that we mustfocus on as Real Estate Advisors is the presentation of layers of materials to justify our case.Pricing data is not enough to justify our position, we must build a tiered case of facts aroundALL factors that contribute to the real estate market of today.We know that some (but not all) of these contributing factors are as follows: House pricing Home buyer mentality Mortgage rates Consumer Confidence Index Unemployment NumbersTo truly build our case for home pricing and purchase, we need to use ALL of these factorstogether when discussing our clients options. While we gather much of this information fromthe presentations of Steve Harney and his Keeping Current Matters team, the local numbersprovided today should assist in brining your arguments local.Some key points in these materials: 1. Crains Article Great @properties promotion and the idea that home sellers arebeginning to understand what they must do to sell. 2. Explaining Mortgage Deductions a great article and link to online calculator thatdescribes the benefits of owning a home 3. Rent or Buy the New York Times and Trulia provide great data showing why Chicago isa better buy for home shoppers. 4. CAR Fast Stats The Chicago Association of Realtors provides amazing data in variousformats on units and sales price for many Chicago (and suburban) neighborhoods 5. Strategic Defaults a recent article from Mary Ellen Podmolik of the Chicago Tribunedescribing the growing trend of strategic mortgage defaults. 6. Unemployment Numbers Decrease in Chicago down to 8.7% Chicago unemploymentnumbers have decrease for the last 15 months and are now below National numbers.

2. 7. Consumer Confidence Grows Last month the consumer confidence index posted its highest numbers since 2008. 8. Mortgage Rates hit their highest mark in the last 12 months in February of 2011 causing some home buyers to write while others wait to see. 9. Chicago for sale Inventory hits its lowest mark in the over 2 years 10. Long Term Effects of the Homebuyer Tax Credit a year later we are starting to see signs of true recovery, without government intervention.The charts that follow are pulled for the Chicago market, (77 MLS areas), for all housing typescombined using the Agent Metrics program (available for download at www.MREDLLC.com).When discussing these numbers with one another take into account the tax credit dates (undercontract date April 2010, closed contract date August 2010* adjusted) as well as otherfactors such as consumer confidence, mortgage rates, and unemployment numbers. Thesefactors when explored and accounted for together, will help you to create a trustworthy caseto justify your client advisement for their current, and future, well being.You are the solution to the current real estate market. 3. 5/20/2011Print StoryCHlCAGOBUSINES,S Print StoryPrinted from ChicagoBusiness.com - POWERil) IIY UAINS-Home > This Weeks Crains > Business of life >From this weeks Business of LifeHome sellers move beyond denial, accept lowervalues when setting price Article available at http://www.chicagobusiness.com/ article/20110507/ISSUE03/305079994/home-sellers-move-By: H. Lee Murphy May 09, 2011 beyond-denial-accept-lower-values-when-se Share This14SharePrint 1 Email l 3 comments This is what passes for a victory in the housing market these days: Homeowners are no longer in denial about how little their properties will fetch. Several years into the downdraft in residential real estate, manysellers around Chicago have moved past shock, anger and disbelief, givi ng way to subdued resignation. Those w ho have stopped fighting their agents on pricing are allowing deals to be made quicker. "A lot has changed," says Elise Rinaldi , an agent in the @Properties office in lvlnnetka. "Three years ago, w hen this decline was still new, people insisted thatPamela Zdunek, left, recently sold her house on Old Green Bay the marketwould come back and refusedRoad in Glencoe. Elise Rinaldi was one of the agents inIOived in to mark down their listing prices. Nowthe sale. people are accepting this landscape.Photo by: John R. Boehm TheYve had the recession and the depth of this decline blasted at them by the media,and theytre far more w illing to go along with the market."Our jobs have become somew hat easier as a result."There has been a lot for homeowners to adjust to. According to the Standard & Poors/Case-Sh iller Index ofChicago-area single-family homes, prices have plum meted 31% since the market peak in September 2006.There have been portents of recovery in the past year, but prices are down nearly8% in that time.rv1anysellers have had to stare dow n the cold, hard realityofcomparable sales , regardless ofthe factors theyfeel make their property unique.NO LANGUISHINGNichole Converse-Hum phreyand her husband, Scott, listed their Glencoe home for $1.65 million in rv1arch. Theprice was in keeping with similar four-bedroom brick Georgians in the neighborhood , but Ms. Converse-Hum phreythoughtthe homes proxim ityto them iddle school and the com muter train station made it worth morethan the others."Ne paid $1.8 mill ion for the house four years ago, and I was hopi ng to list it at $ 1.7 m ill ion and get somethingclose to that," says Ms. Converse-Humphrey, 40. "Our broker suggested wed get more traffic if we priced itlower. It turned out she was right: VVe had lots of people looking on the first weekend and got an immediate offerand accepted it. Essentially the house was on the market for just 24 hours. Ne hope to close on the sale by thechicagobusiness.com/article/. ../305079994 ...1/4 4. 5/20/2011 Print Storyend of May."Stephen Haas, a broker at Koenig & Strey Real Living inGlen Ellyn, took over a listing in Vtheaton recently that hadlanguished on the market for three years. Originally listed atI didntwantthe house on$1.2 million, it was marked dow n to $850,000 by Mr. Haaslate last year and sold in a week at $815,000.the market lor six monthsThat had to sting, but it got the job done.or a vear hoping lor a"In this market, pricing a house too high is a waste of m ybetter price. -Pamela Zdunek, homeownertime and my clienfs time," Mr. Haas says.In a previous job, Ms. Rinaldi worked on a listing for Pamela Zdunek, w ho with ex-husband Clifford Sladn ickowned a 5,000-square-foot home they built in 1998 on Old Green Bay Road in Glencoe. They put it up for salelast year. Ms. Zdunek, 51 , calculated that the house was worth about $2.8 million at the market peak. She heldout hope that she might get $2 .2 m iIlion for it.Instead, Ms. Rinaldi persuaded Ms Zdunekto list the housefor$19 million"Elise explained to me that the $2-m ill ion mark was a critical threshold. Houses similar to ours listed at $2.2million had been sitting on the marketfortwo years and more," says Ms. Zdunek, a non-practici ng lawyer withfour ch ildren. "It was prettytough, but I understood in the end. I was going to lose money in the same waythatpeople woke up and found their stock market portfolios were suddenly worth half what they had once beenworth."Mthin four days of listing the house, two prospective buyers made offers. Bythe sixth day, Ms. Zdunekacceptedthe higher bid, $1.82 million."I didnt want the house on the market for six months or a year hoping for a better price," she says. "At somepoint buyers begin to think there is something w rong w ith your house."Indeed, real estate agents are increasingly pushing sellers to price aggress ively at the start rather thanchoosing a wished-for number and hoping to get lucky. Too often price "adjustments" become necessary, givingthe house a stigma.A recent studyby@Properties finds that houses with no price adjustments from the opening listing sold, onaverage, atalmost95% of listing price at 122 days on the market. Houses that wentthrough one or moreadjustments-typically meaning that the asking price was originally too high-took an average of 218 days tosell and garnered less than 80% of the Iisting price.Thats a big gap. "Simply put, the houses that are sell ing quickly today are the ones that have been priced rightfrom the start," says Matthew Dollinger, vice-presiden t of strategic development at @Properties in Chicago, whocounsels agents on listing practices. "Selling a home has become like opening a new restaurant or club: Youwant the buzz and promotion and red ropes out front right from the start. Lower prices draw lots of couples whowant to look, and that creates a positive energythat puts the property in demand."Miss the splashy opening salvo, and the quest to sell can become a slog.UTILE INTERESTPaige Dooley, an agent at Hudson Co. in Winnetka, put a house in Winnetka up for sale in May2009 at $2.8million. The ow ners had paid $2.29 million for the house, which had unusual12-foot ceilings and a stunningpanorama of private gardens, in 2003 and then sunk more money into renovations."I knew the asking price was too high, but the ow ners wanted to see w hat they could get," Ms. Dooley says.Diana lvas, left, of the ReJMax Elite office in Hinsdale, with client Gayle Panos. Ms. Panos and her husbandfound that interest in their house spiked after they tweaked the price. Photo: John R. BoehmThe house got precious little attention. The asking price was lowered to $2.6 million in July2009, then $2 .5million in February of last year, then $2.3 million in March. In July, the sellers bit the bullet and went down to$1.99 mill ion. Wthin a week it was under contract, eventually selling for $1 .9 mill ion.chicagobusiness.com/article/. ../305079994 ... 2/4 5. M Mortgage Tax Deduction ...+-C Qwww.money-zine.com/Calculators/Mortgage-Calculators/Mortgage-Tax-Deduction-Calculator/_:__ _ __~ TweetDeckDRll [:) Scrible ... Images [:) Bcamp @ QA MRED Cs Connect [:) Realist0 Events 1!1 @videos [:) Matt< Ads by Gooq!e Loan Calculator Goog~- c..tom S.ltlcll 401 K Calculator You r 401K Info Sjte Infiniti G37 Couoe Free Information on 40 lk Roll ove rs NoPay Off CalculatorCompar e Lease Pricing on the G37 . Hassle Answers Research, Price , Design, &. Locate . 40 1 k .Eve ryM n Bu slneu .com v.vNt. I nfin it iUSA.com Ada by CoogleMortgage Tax Deduction CalculatorOne of the nice things about a mortgage is ttat the internt charges aredeductible from your federal income taxes. If you want to know just how 100ehyou can deduct, then try OU1 IIIOrtiage tax deduction calculator. It P Fast Stats CHICAGOLAND ASSOCIATION OF REALTORSApril 2011 Sales for Attached Single Family - Listed by TOWN Coverage Area: CHICAGOAttached Single Family # OF HOUSES SOLDAVERAGE SALE PRICEMEDIAN SALE PRICE TIME ON MARKETAVERAGE NEW LISTINGS MEDIAN NEW LISTINGS # OF NEW LISTINGSTOWNMTDMTDMTDAVG PRICE AVG PRICE MTDMEDIAN MEDIANMTDAVG AVGMTD AVGAVG MTD MEDIAN MEDIANMTD MTD MTDMTD2011 2010 % CHG20112010% CHG 20112010% CHGMTD MTD% CHG 2011 2010% CHGMTD MTD % CHG 20112010 % CHG CHICAGO - ROGERS PARK 26 29-10.3%97,442 168,914 -42.3% 70,250 190,000 -63.0%164252-34.9%146,485164,048 -10.7% 129,900 164,900 -21.2% 72 121-40.5% CHICAGO - WEST RIDGE55 44 25.0%60,52792,269 -34.4% 49,90070,250 -29.0%13011513.0% 101,855156,173 -34.8%74,950 149,250 -49.8% 8484 0.0%CHICAGO - UPTOWN 35 62-43.5% 174,878 256,514 -31.8%150,000 247,500 -39.4%135179-24.6%249,960236,452 5.7% 247,000 229,500 7.6% 150196-23.5%CHICAGO - LINCOLN SQUARE 13 38-65.8% 207,292 261,930 -20.9%140,000 280,750 -50.1%111122 -9.0%236,208242,802-2.7% 229,000 229,450-0.2% 6186-29.1%CHICAGO - NORTH CENTER 23 31-25.8% 335,343 359,494-6.7%335,000 370,000-9.5%269106153.8%367,851371,728-1.0% 381,200 375,000 1.7% 6683-20.5% CHICAGO - LAKE VIEW 96144-33.3% 359,393 353,840 1.6%376,000 355,000 5.9%177167 6.0% 363,583362,145 0.4% 349,900 332,450 5.2% 315396-20.5% CHICAGO - LINCOLN PARK47 74-36.5% 410,452 446,595-8.1%405,000 396,500 2.1%156144 8.3% 477,688475,774 0.4% 395,000 416,950-5.3% 201230-12.6%CHICAGO - NEAR NORTH SIDE157 182-13.7% 549,777 517,463 6.2%337,500 341,500-1.2%20817121.6% 637,611534,850 19.2%395,000 352,515 12.1%391619-36.8%CHICAGO - EDISON PARK 4 333.3% 105,978 185,667 -42.9%106,455 162,000 -34.3%200218 -8.3%176,283183,929-4.2% 161,950 189,900 -14.7%67 -14.3%CHICAGO - NORWOOD PARK4 40.0%147,875 133,000 11.2%79,250 135,000 -41.3%204 80155.0%134,685164,817 -18.3% 131,900 149,900 -12.0% 1323-43.5% CHICAGO - JEFFERSON PARK 3 250.0% 156,667 106,950 46.5% 170,000 106,950 59.0% 404168140.5%149,720186,450 -19.7% 139,900 171,400 -18.4%530-83.3% CHICAGO - FOREST GLEN1 0 100.0%67,000 - 0.0% 67,000 - 0.0% 60- 0.0% 338,133231,729 45.9%350,000 219,900 59.2% 37 -57.1% CHICAGO - NORTH PARK 6 2 200.0%90,063 153,825 -41.5% 65,250 153,825 -57.6%310136127.9%162,231175,608-7.6% 179,900 179,900 0.0% 1313 0.0%CHICAGO - ALBANY PARK 9 15-40.0% 108,794 173,053 -37.1% 64,900 205,000 -68.3%22619416.5% 139,570166,835 -16.3% 135,700 179,900 -24.6% 3751-27.5%CHICAGO - PORTAGE PARK4 2 100.0%46,775 156,450 -70.1% 37,500 156,450 -76.0% 73506-85.6%139,217175,170 -20.5% 120,000 164,500 -27.1% 2332-28.1% CHICAGO - IRVING PARK 12 17-29.4% 165,450 230,053 -28.1%136,950 200,000 -31.5%321151112.6%201,326187,112 7.6% 189,000 189,900-0.5% 4556-19.6% CHICAGO - DUNNING6 16-62.5%95,933 173,438 -44.7% 99,550 163,250 -39.0%102207-50.7%189,083174,524 8.3% 184,900 168,500 9.7%621-71.4% CHICAGO - MONTCLARE4 0 100.0% 121,250 - 0.0%123,000 - 0.0%205- 0.0%93,213194,900 -52.2% 108,950 194,900 -44.1%82300.0% CHICAGO - BELMONT CRAGIN 7 3 133.3%62,736 104,667 -40.1% 21,40080,000 -73.3%151299-49.5% 82,600138,191 -40.2%94,500 149,000 -36.6%523-78.3%CHICAGO - HERMOSA 2 20.0% 34,500 111,000 -68.9% 34,500 111,000 -68.9% 38166-77.1%-141,340 -100.0%- 145,777 -100.0% 07-100.0% CHICAGO - AVONDALE 7 13-46.2% 206,500 219,485-5.9%202,000 260,000 -22.3%354173104.6%212,525228,409-7.0% 199,000 239,900 -17.0% 2853-47.2%CHICAGO - LOGAN SQUARE 12 36-66.7% 193,125 260,155 -25.8%210,750 260,000 -18.9%16613721.2% 291,673281,949 3.4% 280,950 259,900 8.1% 82 107-23.4%CHICAGO - HUMBOLDT PARK 4 6 -33.3% 126,75038,417 229.9%129,50013,700 845.3%28916179.5% 145,328109,585 32.6%139,90089,900 55.6% 913-30.8% CHICAGO - WEST TOWN 67 99-32.3% 351,411 375,398-6.4%344,800 355,000-2.9%18212644.4% 356,584372,020-4.1% 350,000 359,000-2.5% 197266-25.9% CHICAGO - AUSTIN 7 2 250.0%46,057 1,550 2871.4%44,900 1,550 2796.8% 114278-59.0% 87,789119,646 -26.6%60,00099,900 -39.9%913-30.8%HICAGO - WEST GARFIELD PARK 0 1-100.0% -15,000 -100.0% -15,000 -100.0%-22 -100.0% 79,900107,057 -25.4%79,900 139,900 -42.9%17 -85.7%HICAGO - EAST GARFIELD PARK 6 450.0%31,19242,475 -26.6% 32,20044,500 -27.6% 49148-66.9%112,069 94,491 18.6%109,00065,000 67.7%1323-43.5%CHICAGO - NEAR WEST SIDE 61 79-22.8% 287,670 312,834-8.0%273,900 313,520 -12.6%145148 -2.0%322,685332,911-3.1% 274,900 289,900-5.2% 173230-24.8%CHICAGO - NORTH LAWNDALE1 10.0% 36,00015,000 140.0% 36,00015,000 140.0% 23571-96.0% 25,575 51,340 -50.2%24,40050,000 -51.2%45 -20.0%CHICAGO - SOUTH LAWNDALE0 00.0%- - 0.0%- - 0.0% - - 0.0%35,900 99,000 -63.7%35,90099,000 -63.7%110.0%CHICAGO - LOWER WEST SIDE 0 2-100.0% - 234,450 -100.0% - 234,450 -100.0%- 584 -100.0%207,657269,650 -23.0% 224,000 282,000 -20.6%76 16.7% CHICAGO - LOOP33 92-64.1% 404,213 524,713 -23.0%315,000 402,249 -21.7%21011385.8% 496,093385,044 28.8%349,450 295,000 18.5%122159-23.3% CHICAGO - NEAR SOUTH SIDE 26 56-53.6% 290,783 459,200 -36.7%282,250 336,125 -16.0%228358-36.3%375,093368,797 1.7% 285,000 299,900-5.0% 110155-29.0% CHICAGO - ARMOUR SQUARE1 0 100.0% 308,000 - 0.0%308,000 - 0.0%107- 0.0% 281,169230,667 21.9%262,250 228,000 15.0% 83166.7% CHICAGO - DOUGLAS3 1 200.0%50,30065,625 -23.4% 20,00065,625 -69.5%2493 8200.0%157,456180,147 -12.6% 115,000 186,800 -38.4% 1719-10.5% CHICAGO - OAKLAND0 00.0%- - 0.0%- - 0.0% - - 0.0% 199,280284,522 -30.0% 202,450 259,000 -21.8% 109 11.1%CHICAGO - FULLER PARK 0 00.0%- - 0.0%- - 0.0% - - 0.0% -- 0.0% - - 0.0%000.0% CHICAGO - GRAND BOULEVARD 11 15-26.7%53,15543,433 22.4%42,50036,000 18.1% 16911843.2% 143,312135,896 5.5%82,975 149,000 -44.3% 2445-46.7%CHICAGO - KENWOOD 7 70.0%138,336 110,814 24.8% 137,00082,000 67.1% 135210-35.7%201,920218,658-7.7% 196,000 209,250-6.3% 2640-35.0% CHICAGO - WASHINGTON PARK6 7 -14.3%23,33465,929 -64.6% 24,75030,000 -17.5% 95174-45.4% 68,346 79,991 -14.6%55,00050,000 10.0%1819 -5.3% CHICAGO - HYDE PARK8 11-27.3% 169,063 256,364 -34.1%127,500 245,000 -48.0%157152 3.3% 193,436203,995-5.2% 152,450 189,000 -19.3% 4853 -9.4%CHICAGO - WOODLAWN 11 922.2%54,11864,689 -16.3% 37,00022,500 64.4% 12611113.5%87,782116,183 -24.4%50,00074,950 -33.3% 1518-16.7% CHICAGO - SOUTH SHORE 12 14-14.3%24,34340,350 -39.7% 21,25024,450 -13.1%126188-33.0% 71,932 67,964 5.8%43,50050,000 -13.0% 2636-27.8% CHICAGO - CHATHAM2 5 -60.0%13,95043,620 -68.0% 13,95020,000 -30.3% 92178-48.3% 27,675 53,800 -48.6%27,40030,000-8.7%83166.7% CHICAGO - AVALON PARK1 0 100.0%16,500 - 0.0% 16,500 - 0.0% 44- 0.0%27,790 23,000 20.8% 27,79023,000 20.8% 21100.0% CHICAGO - SOUTH CHICAGO1 10.0% 29,00023,900 21.3%29,00023,900 21.3% 280 56400.0% 39,600 14,250 177.9%39,90014,250 180.0%31200.0%CHICAGO - BURNSIDE0 00.0%- - 0.0%- - 0.0% - - 0.0% - 85,000 -100.0%-85,000 -100.0% 01-100.0%CHICAGO - CALUMET HEIGHTS 0 00.0%- - 0.0%- - 0.0% - - 0.0% -- 0.0% - - 0.0%000.0% CHICAGO - ROSELAND 1 0 100.0%14,900 - 0.0% 14,900 - 0.0%1- 0.0%74,000 85,000 -12.9%74,00085,000 -12.9%110.0% CHICAGO - PULLMAN0 1-100.0% - 165,000 -100.0% - 165,000 -100.0%-45 -100.0% 39,900110,560 -63.9%39,900 115,000 -65.3%15 -80.0% CHICAGO - SOUTH DEERING2 3 -33.3%26,00048,967 -46.9% 26,00030,000 -13.3%235 67250.7% 50,580 34,660 45.9% 34,90018,000 93.9% 550.0%CHICAGO - EAST SIDE 0 00.0%- - 0.0%- - 0.0% - - 0.0% -- 0.0% - - 0.0%000.0%CHICAGO - WEST PULLMAN0 00.0%- - 0.0%- - 0.0% - - 0.0%37,120 57,567 -35.5%37,12064,900 -42.8%13 -66.7% CHICAGO - RIVERDALE0 00.0%- - 0.0%- - 0.0% - - 0.0% -- 0.0% - - 0.0%000.0% CHICAGO - HEGEWISCH0 00.0%- - 0.0%- - 0.0% - - 0.0% -- 0.0% - - 0.0%000.0% CHICAGO - GARFIELD RIDGE 1 10.0% 58,00090,000 -35.6% 58,00090,000 -35.6%5311,266-58.1% 48,950101,950 -52.0%48,450 101,950 -52.5%42100.0% CHICAGO - ARCHER HEIGHTS 0 00.0%- - 0.0%- - 0.0% - - 0.0% - 39,950 -100.0%-39,949 -100.0% 02-100.0%Disclaimer:Statistics provided using data from Midwest Real Estate Data LLC.The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members. 14. CHICAGOLAND ASSOCIATION OF REALTORS April 2011 Sales for Attached Single Family - Listed by TOWNCoverage Area: CHICAGO CHICAGO - BRIGHTON PARK 1 0100.0% 80,000- 0.0% 80,000- 0.0% 27-0.0% 90,890 113,633 -20.0% 90,890 119,900 -24.2% 23 -33.3% CHICAGO - MCKINLEY PARK 2 1100.0%172,500 78,750 119.0%172,500 78,750 119.0%216422 -48.8% 121,900 187,789 -35.1%121,900 196,500 -38.0% 18 -87.5%CHICAGO - BRIDGEPORT 5 1400.0%202,700454,000 -55.4%213,000454,000 -53.1% 85 850.0%185,791 283,983 -34.6%170,000 242,000 -29.8%1114-21.4% CHICAGO - NEW CITY0 00.0%-- 0.0%-- 0.0%--0.0% 59,900 249,000 -75.9% 59,900 249,000 -75.9% 12 -50.0% CHICAGO - WEST ELSDON 0 00.0%-- 0.0%-- 0.0%--0.0% 94,70049,900 89.8% 104,90049,900 110.2% 42100.0% CHICAGO - GAGE PARK 0 00.0%-- 0.0%-- 0.0%--0.0%-64,000 -100.0% -64,000 -100.0%02-100.0% CHICAGO - CLEARING1 0100.0%170,000- 0.0%170,000- 0.0% 50-0.0%140,563 167,796 -16.2%117,450 162,400 -27.7% 880.0% CHICAGO - WEST LAWN 2 1100.0% 28,450 31,000-8.2% 28,450 31,000-8.2% 98 20390.0% 39,725 104,520 -62.0% 33,00099,000 -66.7% 45 -20.0%CHICAGO - CHICAGO LAWN 0 1-100.0% -2,000 -100.0% -2,000 -100.0% -246-100.0%74,99972,400 3.6% 74,99972,400 3.6% 12 -50.0% CHICAGO - WEST ENGLEWOOD0 1-100.0% -6,500 -100.0% -6,500 -100.0% - 21-100.0%65,000 8,240 688.8% 65,000 8,240 688.8% 110.0%CHICAGO - ENGLEWOOD0 1-100.0% -9,000 -100.0% -9,000 -100.0% - 12-100.0% - - 0.0%- - 0.0% 000.0%O - GREATER GRAND CROSSING 2 0100.0% 16,750- 0.0% 16,750- 0.0%355-0.0% 40,05023,231 72.4%40,050 7,162 459.2% 24 -50.0% CHICAGO - ASHBURN 0 00.0%-- 0.0%-- 0.0%--0.0%127,20092,000 38.3% 127,20092,000 38.3%21100.0%CHICAGO - AUBURN GRESHAM 0 00.0%-- 0.0%-- 0.0%--0.0% 62,500 - 0.0% 62,500 - 0.0% 20100.0%CHICAGO - BEVERLY1 10.0% 37,500 40,500-7.4% 37,500 40,500-7.4%204498 -59.0% 140,750 129,740 8.5%141,500 134,900 4.9% 45 -20.0% CAGO - WASHINGTON HEIGHTS 0 00.0%-- 0.0%-- 0.0%--0.0%-20,000 -100.0% -20,000 -100.0%01-100.0% HICAGO - MOUNT GREENWOOD0 00.0%-- 0.0%-- 0.0%--0.0%- 200,000 -100.0% - 200,000 -100.0%01-100.0%CHICAGO - MORGAN PARK1 3 -66.7%46,000114,167 -59.7% 46,000150,000 -69.3%434130233.8%109,300 111,262-1.8% 80,000 132,900 -39.8% 613-53.8% CHICAGO - OHARE 11 13-15.4%61,345 91,000 -32.6% 60,000 55,000 9.1%126111 13.5%127,985 119,682 6.9%111,999 104,900 6.8%2631-16.1%CHICAGO - EDGEWATER 21 72-70.8% 216,260221,261-2.3%185,000225,000 -17.8%152208 -26.9% 222,321 214,095 3.8%209,000 202,400 3.3%99 164-39.6% Disclaimer: Statistics provided using data from Midwest Real Estate Data LLC. The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members. 15. Stats available at www.ChicagoRealtor.orgRealtor Tools -> Fast Stats CHICAGOLAND ASSOCIATION OF REALTORSApril 2011 Sales for Detached Single Family - Listed by TOWNCoverage Area: CHICAGODetached Single Family # OF HOUSES SOLD AVERAGE SALE PRICEMEDIAN SALE PRICE TIME ON MARKETAVERAGE NEW LISTINGS MEDIAN NEW LISTINGS # OF NEW LISTINGSTOWN MTD MTDMTDAVG PRICE AVG PRICE MTDMEDIANMEDIANMTD AVGAVG MTDAVG AVG MTD MEDIANMEDIANMTD MTDMTDMTD 2011 2010% CHG 20112010% CHG 20112010% CHG MTDMTD% CHG 20112010% CHG MTD MTD % CHG 2011 2010 % CHG CHICAGO - ROGERS PARK 3 5-40.0%305,000 427,650-28.7% 260,000 392,000 -33.7%97307-68.4% 363,225 438,757 -17.2%361,500 469,000 -22.9%4 7 -42.9% CHICAGO - WEST RIDGE 5 12-58.3%309,400 297,708 3.9%265,000 253,750 4.4% 34119376.7%358,204 338,648 5.8%379,900 345,000 10.1%25 29-13.8%CHICAGO - UPTOWN 1 4-75.0%660,000 962,750-31.4% 660,000 940,500 -29.8%15180-91.7% 1,038,363 651,871 59.3% 854,950 675,000 26.7% 8 714.3%CHICAGO - LINCOLN SQUARE 411-63.6%523,750 576,636 -9.2% 532,500 578,000-7.9%54123-56.1% 635,667 768,335 -17.3%685,000 679,000 0.9% 15 17-11.8%CHICAGO - NORTH CENTER 9 812.5% 749,467 591,43226.7%750,000 562,500 33.3% 91110-17.3% 952,202 967,448-1.6%834,450 924,700-9.8% 44 44 0.0% CHICAGO - LAKE VIEW 9 812.5% 1,032,500 953,500 8.3%1,162,500 842,500 38.0%20516921.3%1,037,863 1,096,408-5.3%967,500 911,750 6.1% 24 36-33.3% CHICAGO - LINCOLN PARK 1114-21.4%1,688,755 1,815,498 -7.0% 1,070,000 1,530,000 -30.1% 20916923.7%2,008,071 1,766,919 13.6% 1,622,000 1,395,000 16.3%38 53-28.3%CHICAGO - NEAR NORTH SIDE 02 -100.0%- 3,705,000 -100.0% - 3,705,000 -100.0% - 252 -100.0% 3,008,643 3,813,300 -21.1%2,597,500 3,949,500 -34.2% 14 10 40.0%CHICAGO - EDISON PARK 9812.5% 257,528 274,500 -6.2% 238,750 248,750-4.0% 118207-43.0% 374,586 370,804 1.0%367,450 355,900 3.2% 22 25-12.0%CHICAGO - NORWOOD PARK 16 26-38.5%214,025 314,696-32.0% 187,500 300,950 -37.7% 19314731.3%304,011 363,886 -16.5%294,900 319,950-7.8% 53 70-24.3% CHICAGO - JEFFERSON PARK 6 15-60.0%216,833 228,967 -5.3% 208,000 225,000-7.6% 148151 -2.0% 253,982 278,966-9.0%259,900 285,000-8.8% 25 45-44.4% CHICAGO - FOREST GLEN 15 16 -6.3%436,800 384,37513.6%310,000 388,500 -20.2% 188194 -3.1% 461,375 475,352-2.9%449,900 467,394-3.7% 28 56-50.0% CHICAGO - NORTH PARK 7540.0% 358,400 363,000 -1.3% 390,000 340,000 14.7%181 42 331.0%406,675 402,044 1.2%349,500 389,450 -10.3%8 16-50.0%CHICAGO - ALBANY PARK 59-44.4%192,200 235,611-18.4% 143,000 231,000 -38.1% 123276-55.4% 362,375 313,695 15.5% 344,450 302,450 13.9%16 20-20.0%CHICAGO - PORTAGE PARK 21 33-36.4%161,462 230,133-29.8% 145,200 217,100 -33.1% 129152-15.1% 257,752 245,199 5.1%249,900 242,400 3.1% 49 70-30.0% CHICAGO - IRVING PARK 14 18-22.2%282,495 351,711-19.7% 255,212 309,000 -17.4% 23112584.8%412,514 407,175 1.3%419,000 369,000 13.6%41 37 10.8% CHICAGO - DUNNING 25 33-24.2%164,428 217,244-24.3% 160,000 214,999 -25.6% 134188-28.7% 217,531 236,258-7.9%199,900 239,000 -16.4% 55 78-29.5% CHICAGO - MONTCLARE 512-58.3%144,400 164,946-12.5% 165,000 160,000 3.1% 245106 131.1%185,757 221,129 -16.0%165,000 234,500 -29.6% 21 17 23.5% CHICAGO - BELMONT CRAGIN 2334-32.4%112,165 159,991-29.9%92,000 173,750 -47.1% 13812411.3%162,345 178,790-9.2%149,900 194,500 -22.9% 55 77-28.6%CHICAGO - HERMOSA 45-20.0%138,250 128,800 7.3%140,000 115,000 21.7%174215-19.1% 157,267 123,561 27.3% 154,950 129,900 19.3% 6 13-53.8% CHICAGO - AVONDALE 77 0.0% 218,414 252,364-13.5% 200,000 214,900-6.9% 11510410.6%312,600 288,388 8.4%239,000 249,000-4.0% 13 23-43.5%CHICAGO - LOGAN SQUARE 19 1435.7% 643,533 497,10729.5%470,000 485,500-3.2% 225242 -7.0% 635,541 593,236 7.1%539,000 499,900 7.8% 37 55-32.7%CHICAGO - HUMBOLDT PARK 9 13-30.8% 58,76736,56960.7% 20,00023,500 -14.9% 144 9158.2%108,164 114,222-5.3% 82,45099,000 -16.7% 24 41-41.5% CHICAGO - WEST TOWN 13 13 0.0% 740,132 597,41323.9%627,000 514,000 22.0%22315147.7%690,637 796,254 -13.3%599,900 736,950 -18.6% 35 38 -7.9% CHICAGO - AUSTIN 2036-44.4% 87,631 103,161-15.1%35,70079,500 -55.1%98 94 4.3%136,885 146,252-6.4%109,000 148,500 -26.6% 43 65-33.8%HICAGO - WEST GARFIELD PARK 13-66.7% 10,00015,767-36.6%10,00014,900 -32.9%63196-67.9%22,44454,950 -59.2% 22,44454,950 -59.2%2 20.0%HICAGO - EAST GARFIELD PARK 23-33.3% 26,050 123,333-78.9%26,050 150,000 -82.6% 23312094.2%217,450 181,600 19.7% 217,450 144,900 50.1% 2 3 -33.3%CHICAGO - NEAR WEST SIDE 1 4-75.0%170,000 429,083-60.4% 170,000 185,000-8.1% 213 66 222.7%583,480 535,843 8.9%194,900 499,000 -60.9%5 7 -28.6%CHICAGO - NORTH LAWNDALE 1 3-66.7%150,00084,50077.5%150,00078,000 92.3% 338 312.5%137,67563,843 115.6%126,95048,629 161.1%4 6 -33.3%CHICAGO - SOUTH LAWNDALE 8 3166.7% 56,52531,50079.4% 51,09929,500 73.2%112154-27.3%72,80074,060-1.7% 77,45062,000 24.9%10 10 0.0%CHICAGO - LOWER WEST SIDE 21100.0% 80,500 160,000-49.7%80,500 160,000 -49.7% 250602-58.5% 180,750 256,175 -29.4%142,500 212,450 -32.9%4 40.0% CHICAGO - LOOP 00 0.0% - - 0.0%- - 0.0%- - 0.0%- - 0.0%- - 0.0%0 00.0% CHICAGO - NEAR SOUTH SIDE 0 2 -100.0%- 815,000 -100.0% - 815,000 -100.0% - 108 -100.0% 799,000 885,225-9.7%799,000 955,000 -16.3%1 4 -75.0% CHICAGO - ARMOUR SQUARE 0 0 0.0% - - 0.0%- - 0.0%- - 0.0%293,333 599,000 -51.0%265,000 599,000 -55.8%3 1 200.0% CHICAGO - DOUGLAS 1 1 0.0%40,20060,000-33.0%40,20060,000 -33.0%16106-84.9% 300,000 409,633 -26.8%300,000 335,000 -10.4%2 3 -33.3% CHICAGO - OAKLAND 2 1100.0%126,000 265,000-52.5% 126,000 265,000 -52.5% 317120 164.2%254,450 178,510 42.5% 254,450 165,900 53.4% 2 3 -33.3%CHICAGO - FULLER PARK 10100.0%7,000 - 0.0%7,000 - 0.0%84- 0.0% 29,650 178,940 -83.4% 29,650 130,000 -77.2%2 3 -33.3% CHICAGO - GRAND BOULEVARD 3 5-40.0%118,433 102,98015.0%143,500 102,900 39.5% 82187-56.1% 233,736 279,929 -16.5%225,000 274,950 -18.2%7 14-50.0%CHICAGO - KENWOOD 14-75.0%2,350,000 986,000 138.3%2,350,000 775,000 203.2%67563-88.1% 707,225 968,557 -27.0%404,950 814,000 -50.3%4 14-71.4% CHICAGO - WASHINGTON PARK 0 1 -100.0%- 330,000 -100.0% - 330,000 -100.0% - 3 -100.0% - 150,633 -100.0% - 159,900 -100.0% 0 3-100.0% CHICAGO - HYDE PARK 0 1 -100.0%- 337,000 -100.0% - 337,000 -100.0% - 602 -100.0% 640,450 685,067-6.5%612,000 734,000 -16.6%6 60.0%CHICAGO - WOODLAWN 1 1 0.0%20,15027,500-26.7%20,15027,500 -26.7%32587-94.5% 131,07993,940 39.5% 158,900 109,900 44.6% 5 50.0% CHICAGO - SOUTH SHORE 810-20.0% 89,688 138,020-35.0%51,000 170,000 -70.0% 133 8164.2%223,300 149,863 49.0% 224,90063,500 254.2%9 26-65.4% CHICAGO - CHATHAM 819-57.9% 91,113 106,171-14.2%72,500 100,000 -27.5% 167 9183.5%114,601 114,162 0.4%117,000 114,500 2.2% 26 32-18.8% CHICAGO - AVALON PARK 2 5-60.0%102,50070,18046.1%102,50050,000 105.0% 298 24 1141.7%86,160 111,767 -22.9% 70,000 129,950 -46.1% 10 12-16.7% CHICAGO - SOUTH CHICAGO 813-38.5% 52,56347,60010.4% 27,25035,000 -22.1%94 6642.4% 92,72078,666 17.9%94,90054,900 72.9%20 25-20.0%CHICAGO - BURNSIDE 1 3-66.7% 27,50073,550-62.6%27,50023,900 15.1%208258-19.4%55,467 114,132 -51.4% 34,50038,000-9.2%3 7 -57.1%CHICAGO - CALUMET HEIGHTS 73133.3% 56,68658,667 -3.4%30,00039,000 -23.1% 117115 1.7%140,780 130,379 8.0%159,500 159,900-0.3% 15 21-28.6% CHICAGO - ROSELAND 1327-51.9% 48,23136,40432.5% 30,00014,000 114.3%88 84 4.8% 78,27686,880-9.9% 79,90082,500-3.2% 33 70-52.9% CHICAGO - PULLMAN 2 0100.0% 90,000 - 0.0% 90,000 - 0.0% 212- 0.0% 89,267 108,714 -17.9% 55,000 117,500 -53.2%3 7 -57.1% CHICAGO - SOUTH DEERING 2 5-60.0% 32,50051,414-36.8%32,50053,400 -39.1% 326 18 1711.1%47,70080,909 -41.0% 40,00069,750 -42.7%5 16-68.8%CHICAGO - EAST SIDE 5 11-54.5% 96,00881,09118.4% 90,00075,000 20.0%228 78 192.3%140,582 128,526 9.4%119,900 129,000-7.1% 11 21-47.6%CHICAGO - WEST PULLMAN 18 24-25.0% 63,31646,61335.8% 42,15031,000 36.0%193 72 168.1% 74,63964,502 15.7%82,50039,900 106.8% 26 57-54.4% CHICAGO - RIVERDALE 2 2 0.0% 9,22510,500-12.1% 9,22510,500 -12.1% 117 17 588.2%-19,450 -100.0% -19,450 -100.0% 0 2-100.0% CHICAGO - HEGEWISCH 0 3 -100.0%-94,000 -100.0% - 105,000 -100.0% - 246 -100.0% 156,700 147,325 6.4%149,900 146,250 2.5%5 10-50.0% CHICAGO - GARFIELD RIDGE 2028-28.6%151,564 163,482 -7.3% 144,950 168,500 -14.0% 132 9243.5%197,172 222,813 -11.5%184,900 209,700 -11.8% 52 65-20.0% CHICAGO - ARCHER HEIGHTS 66 0.0% 132,317 148,750-11.0% 133,450 158,750 -15.9% 276282 -2.1% 151,033 174,982 -13.7%149,900 184,950 -19.0%9 18-50.0%Disclaimer:Statistics provided using data from Midwest Real Estate Data LLC.The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members. 16. CHICAGOLAND ASSOCIATION OF REALTORS April 2011 Sales for Detached Single Family - Listed by TOWN Coverage Area: CHICAGO CHICAGO - BRIGHTON PARK74 75.0% 79,700 77,625 2.7% 63,000 58,750 7.2% 123 54127.8%105,360 161,733 -34.9% 104,950 149,900 -30.0% 10 15 -33.3% CHICAGO - MCKINLEY PARK45 -20.0% 175,725161,440 8.8%176,000180,000-2.2%99 90 10.0%247,437 216,386 14.4%228,250 187,00022.1% 8714.3%CHICAGO - BRIDGEPORT12 -50.0%80,000351,650-77.3%80,000351,650 -77.3%15 80 -81.3% 480,547 409,260 17.4%417,900 408,7502.2%19 10 90.0% CHICAGO - NEW CITY 69 -33.3%42,917 41,689 2.9% 26,500 20,000 32.5%187 31503.2%182,03393,631 94.4%124,95049,900 150.4% 12 17 -29.4% CHICAGO - WEST ELSDON69 -33.3% 120,458132,222 -8.9%94,875125,000 -24.1% 121 79 53.2%145,194 160,877-9.7% 146,450 149,900-2.3% 18 28 -35.7% CHICAGO - GAGE PARK713-46.2%87,271 75,61515.4% 95,000 72,000 31.9%173152 13.8%120,330 109,401 10.0%109,90098,88811.1% 13 29 -55.2% CHICAGO - CLEARING1020-50.0% 156,950180,675-13.1% 151,450183,000 -17.2%88175 -49.7% 184,054 214,218 -14.1% 169,900 226,900 -25.1% 33 28 17.9% CHICAGO - WEST LAWN 221729.4%128,000130,721 -2.1% 128,500128,750-0.2% 114153 -25.5% 154,600 160,598-3.7% 150,000 164,000-8.5% 45 54 -16.7%CHICAGO - CHICAGO LAWN 352540.0% 63,342 59,376 6.7% 47,250 37,400 26.3%178 88102.3%109,02894,037 15.9%116,95089,50030.7% 62 68-8.8% CHICAGO - WEST ENGLEWOOD1218-33.3%19,717 25,536-22.8%11,750 13,727 -14.4% 118124-4.8%44,17541,1537.3% 24,95019,90025.4% 24 45 -46.7%CHICAGO - ENGLEWOOD 69 -33.3%15,709 22,344-29.7%11,2507,200 56.3%116178 -34.8%42,40637,577 12.8% 19,85016,70018.9% 12 26 -53.8%O - GREATER GRAND CROSSING710-30.0%89,643 53,19068.5% 99,000 26,450 274.3% 113 73 54.8% 88,50493,020-4.9%79,90075,0006.5%23 27 -14.8% CHICAGO - ASHBURN 2829 -3.4% 120,871137,591-12.2% 115,000140,500 -18.1% 168116 44.8%134,244 149,475 -10.2% 139,000 151,000-7.9% 81 94 -13.8%CHICAGO - AUBURN GRESHAM 1329-55.2%45,858 80,048-42.7%28,500 55,000 -48.2% 160114 40.4%110,987 103,0387.7%115,999 113,5002.2%59 50 18.0%CHICAGO - BEVERLY196216.7%258,121238,317 8.3%225,000235,000-4.3% 208 81156.8%308,914 320,640-3.7% 274,450 289,999-5.4% 44 39 12.8% CAGO - WASHINGTON HEIGHTS 1616 0.0% 81,309113,419-28.3%57,050143,250 -60.2%84143 -41.3% 107,722 103,0464.5% 99,450 115,000 -13.5% 32 39 -17.9% HICAGO - MOUNT GREENWOOD 816-50.0% 166,688230,919-27.8% 170,000230,000 -26.1%78118 -33.9% 237,273 219,1198.3%209,950 219,900-4.5% 30 33-9.1%CHICAGO - MORGAN PARK 612-50.0% 127,650127,038 0.5%149,950140,950 6.4% 135105 28.6%176,205 189,636-7.1% 204,900 156,25031.1% 21 42 -50.0% CHICAGO - OHARE 01-100.0% -333,000 -100.0% -333,000 -100.0%-222-100.0% 374,950 347,4757.9%374,950 341,00010.0% 24-50.0%CHICAGO - EDGEWATER106 66.7%372,850578,513-35.6% 365,000535,587 -31.9% 177274 -35.4% 494,489 691,170 -28.5% 445,000 664,900 -33.1% 910 -10.0% Disclaimer: Statistics provided using data from Midwest Real Estate Data LLC. The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members. 17. Stats available at www.ChicagoRealtor.org Realtor Tools -> Fast Stats CHICAGOLAND ASSOCIATION OF REALTORSApril 2011 Sales for Detached Single Family - Listed by TOWNCoverage Area: CHICAGODetached Single Family # OF HOUSES SOLD AVERAGE SALE PRICEMEDIAN SALE PRICE TIME ON MARKETAVERAGE NEW LISTINGS MEDIAN NEW LISTINGS # OF NEW LISTINGSTOWN MTD MTDMTDAVG PRICE AVG PRICE MTDMEDIANMEDIANMTD AVGAVG MTDAVG AVG MTD MEDIANMEDIANMTD MTDMTDMTD 2011 2010% CHG 20112010% CHG 20112010% CHG MTDMTD% CHG 20112010% CHG MTD MTD % CHG 2011 2010 % CHG CHICAGO - ROGERS PARK 3 5-40.0%305,000 427,650-28.7% 260,000 392,000 -33.7%97307-68.4% 363,225 438,757 -17.2%361,500 469,000 -22.9%4 7 -42.9% CHICAGO - WEST RIDGE 5 12-58.3%309,400 297,708 3.9%265,000 253,750 4.4% 34119376.7%358,204 338,648 5.8%379,900 345,000 10.1%25 29-13.8%CHICAGO - UPTOWN 1 4-75.0%660,000 962,750-31.4% 660,000 940,500 -29.8%15180-91.7% 1,038,363 651,871 59.3% 854,950 675,000 26.7% 8 714.3%CHICAGO - LINCOLN SQUARE 411-63.6%523,750 576,636 -9.2% 532,500 578,000-7.9%54123-56.1% 635,667 768,335 -17.3%685,000 679,000 0.9% 15 17-11.8%CHICAGO - NORTH CENTER 9 812.5% 749,467 591,43226.7%750,000 562,500 33.3% 91110-17.3% 952,202 967,448-1.6%834,450 924,700-9.8% 44 44 0.0% CHICAGO - LAKE VIEW 9 812.5% 1,032,500 953,500 8.3%1,162,500 842,500 38.0%20516921.3%1,037,863 1,096,408-5.3%967,500 911,750 6.1% 24 36-33.3% CHICAGO - LINCOLN PARK 1114-21.4%1,688,755 1,815,498 -7.0% 1,070,000 1,530,000 -30.1% 20916923.7%2,008,071 1,766,919 13.6% 1,622,000 1,395,000 16.3%38 53-28.3%CHICAGO - NEAR NORTH SIDE 02 -100.0%- 3,705,000 -100.0% - 3,705,000 -100.0% - 252 -100.0% 3,008,643 3,813,300 -21.1%2,597,500 3,949,500 -34.2% 14 10 40.0%CHICAGO - EDISON PARK 9812.5% 257,528 274,500 -6.2% 238,750 248,750-4.0% 118207-43.0% 374,586 370,804 1.0%367,450 355,900 3.2% 22 25-12.0%CHICAGO - NORWOOD PARK 16 26-38.5%214,025 314,696-32.0% 187,500 300,950 -37.7% 19314731.3%304,011 363,886 -16.5%294,900 319,950-7.8% 53 70-24.3% CHICAGO - JEFFERSON PARK 6 15-60.0%216,833 228,967 -5.3% 208,000 225,000-7.6% 148151 -2.0% 253,982 278,966-9.0%259,900 285,000-8.8% 25 45-44.4% CHICAGO - FOREST GLEN 15 16 -6.3%436,800 384,37513.6%310,000 388,500 -20.2% 188194 -3.1% 461,375 475,352-2.9%449,900 467,394-3.7% 28 56-50.0% CHICAGO - NORTH PARK 7540.0% 358,400 363,000 -1.3% 390,000 340,000 14.7%181 42 331.0%406,675 402,044 1.2%349,500 389,450 -10.3%8 16-50.0%CHICAGO - ALBANY PARK 59-44.4%192,200 235,611-18.4% 143,000 231,000 -38.1% 123276-55.4% 362,375 313,695 15.5% 344,450 302,450 13.9%16 20-20.0%CHICAGO - PORTAGE PARK 21 33-36.4%161,462 230,133-29.8% 145,200 217,100 -33.1% 129152-15.1% 257,752 245,199 5.1%249,900 242,400 3.1% 49 70-30.0% CHICAGO - IRVING PARK 14 18-22.2%282,495 351,711-19.7% 255,212 309,000 -17.4% 23112584.8%412,514 407,175 1.3%419,000 369,000 13.6%41 37 10.8% CHICAGO - DUNNING 25 33-24.2%164,428 217,244-24.3% 160,000 214,999 -25.6% 134188-28.7% 217,531 236,258-7.9%199,900 239,000 -16.4% 55 78-29.5% CHICAGO - MONTCLARE 512-58.3%144,400 164,946-12.5% 165,000 160,000 3.1% 245106 131.1%185,757 221,129 -16.0%165,000 234,500 -29.6% 21 17 23.5% CHICAGO - BELMONT CRAGIN 2334-32.4%112,165 159,991-29.9%92,000 173,750 -47.1% 13812411.3%162,345 178,790-9.2%149,900 194,500 -22.9% 55 77-28.6%CHICAGO - HERMOSA 45-20.0%138,250 128,800 7.3%140,000 115,000 21.7%174215-19.1% 157,267 123,561 27.3% 154,950 129,900 19.3% 6 13-53.8% CHICAGO - AVONDALE 77 0.0% 218,414 252,364-13.5% 200,000 214,900-6.9% 11510410.6%312,600 288,388 8.4%239,000 249,000-4.0% 13 23-43.5%CHICAGO - LOGAN SQUARE 19 1435.7% 643,533 497,10729.5%470,000 485,500-3.2% 225242 -7.0% 635,541 593,236 7.1%539,000 499,900 7.8% 37 55-32.7%CHICAGO - HUMBOLDT PARK 9 13-30.8% 58,76736,56960.7% 20,00023,500 -14.9% 144 9158.2%108,164 114,222-5.3% 82,45099,000 -16.7% 24 41-41.5% CHICAGO - WEST TOWN 13 13 0.0% 740,132 597,41323.9%627,000 514,000 22.0%22315147.7%690,637 796,254 -13.3%599,900 736,950 -18.6% 35 38 -7.9% CHICAGO - AUSTIN 2036-44.4% 87,631 103,161-15.1%35,70079,500 -55.1%98 94 4.3%136,885 146,252-6.4%109,000 148,500 -26.6% 43 65-33.8%HICAGO - WEST GARFIELD PARK 13-66.7% 10,00015,767-36.6%10,00014,900 -32.9%63196-67.9%22,44454,950 -59.2% 22,44454,950 -59.2%2 20.0%HICAGO - EAST GARFIELD PARK 23-33.3% 26,050 123,333-78.9%26,050 150,000 -82.6% 23312094.2%217,450 181,600 19.7% 217,450 144,900 50.1% 2 3 -33.3%CHICAGO - NEAR WEST SIDE 1 4-75.0%170,000 429,083-60.4% 170,000 185,000-8.1% 213 66 222.7%583,480 535,843 8.9%194,900 499,000 -60.9%5 7 -28.6%CHICAGO - NORTH LAWNDALE 1 3-66.7%150,00084,50077.5%150,00078,000 92.3% 338 312.5%137,67563,843 115.6%126,95048,629 161.1%4 6 -33.3%CHICAGO - SOUTH LAWNDALE 8 3166.7% 56,52531,50079.4% 51,09929,500 73.2%112154-27.3%72,80074,060-1.7% 77,45062,000 24.9%10 10 0.0%CHICAGO - LOWER WEST SIDE 21100.0% 80,500 160,000-49.7%80,500 160,000 -49.7% 250602-58.5% 180,750 256,175 -29.4%142,500 212,450 -32.9%4 40.0% CHICAGO - LOOP 00 0.0% - - 0.0%- - 0.0%- - 0.0%- - 0.0%- - 0.0%0 00.0% CHICAGO - NEAR SOUTH SIDE 0 2 -100.0%- 815,000 -100.0% - 815,000 -100.0% - 108 -100.0% 799,000 885,225-9.7%799,000 955,000 -16.3%1 4 -75.0% CHICAGO - ARMOUR SQUARE 0 0 0.0% - - 0.0%- - 0.0%- - 0.0%293,333 599,000 -51.0%265,000 599,000 -55.8%3 1 200.0% CHICAGO - DOUGLAS 1 1 0.0%40,20060,000-33.0%40,20060,000 -33.0%16106-84.9% 300,000 409,633 -26.8%300,000 335,000 -10.4%2 3 -33.3% CHICAGO - OAKLAND 2 1100.0%126,000 265,000-52.5% 126,000 265,000 -52.5% 317120 164.2%254,450 178,510 42.5% 254,450 165,900 53.4% 2 3 -33.3%CHICAGO - FULLER PARK 10100.0%7,000 - 0.0%7,000 - 0.0%84- 0.0% 29,650 178,940 -83.4% 29,650 130,000 -77.2%2 3 -33.3% CHICAGO - GRAND BOULEVARD 3 5-40.0%118,433 102,98015.0%143,500 102,900 39.5% 82187-56.1% 233,736 279,929 -16.5%225,000 274,950 -18.2%7 14-50.0%CHICAGO - KENWOOD 14-75.0%2,350,000 986,000 138.3%2,350,000 775,000 203.2%67563-88.1% 707,225 968,557 -27.0%404,950 814,000 -50.3%4 14-71.4% CHICAGO - WASHINGTON PARK 0 1 -100.0%- 330,000 -100.0% - 330,000 -100.0% - 3 -100.0% - 150,633 -100.0% - 159,900 -100.0% 0 3-100.0% CHICAGO - HYDE PARK 0 1 -100.0%- 337,000 -100.0% - 337,000 -100.0% - 602 -100.0% 640,450 685,067-6.5%612,000 734,000 -16.6%6 60.0%CHICAGO - WOODLAWN 1 1 0.0%20,15027,500-26.7%20,15027,500 -26.7%32587-94.5% 131,07993,940 39.5% 158,900 109,900 44.6% 5 50.0% CHICAGO - SOUTH SHORE 810-20.0% 89,688 138,020-35.0%51,000 170,000 -70.0% 133 8164.2%223,300 149,863 49.0% 224,90063,500 254.2%9 26-65.4% CHICAGO - CHATHAM 819-57.9% 91,113 106,171-14.2%72,500 100,000 -27.5% 167 9183.5%114,601 114,162 0.4%117,000 114,500 2.2% 26 32-18.8% CHICAGO - AVALON PARK 2 5-60.0%102,50070,18046.1%102,50050,000 105.0% 298 24 1141.7%86,160 111,767 -22.9% 70,000 129,950 -46.1% 10 12-16.7% CHICAGO - SOUTH CHICAGO 813-38.5% 52,56347,60010.4% 27,25035,000 -22.1%94 6642.4% 92,72078,666 17.9%94,90054,900 72.9%20 25-20.0%CHICAGO - BURNSIDE 1 3-66.7% 27,50073,550-62.6%27,50023,900 15.1%208258-19.4%55,467 114,132 -51.4% 34,50038,000-9.2%3 7 -57.1%CHICAGO - CALUMET HEIGHTS 73133.3% 56,68658,667 -3.4%30,00039,000 -23.1% 117115 1.7%140,780 130,379 8.0%159,500 159,900-0.3% 15 21-28.6% CHICAGO - ROSELAND 1327-51.9% 48,23136,40432.5% 30,00014,000 114.3%88 84 4.8% 78,27686,880-9.9% 79,90082,500-3.2% 33 70-52.9% CHICAGO - PULLMAN 2 0100.0% 90,000 - 0.0% 90,000 - 0.0% 212- 0.0% 89,267 108,714 -17.9% 55,000 117,500 -53.2%3 7 -57.1% CHICAGO - SOUTH DEERING 2 5-60.0% 32,50051,414-36.8%32,50053,400 -39.1% 326 18 1711.1%47,70080,909 -41.0% 40,00069,750 -42.7%5 16-68.8%CHICAGO - EAST SIDE 5 11-54.5% 96,00881,09118.4% 90,00075,000 20.0%228 78 192.3%140,582 128,526 9.4%119,900 129,000-7.1% 11 21-47.6%CHICAGO - WEST PULLMAN 18 24-25.0% 63,31646,61335.8% 42,15031,000 36.0%193 72 168.1% 74,63964,502 15.7%82,50039,900 106.8% 26 57-54.4% CHICAGO - RIVERDALE 2 2 0.0% 9,22510,500-12.1% 9,22510,500 -12.1% 117 17 588.2%-19,450 -100.0% -19,450 -100.0% 0 2-100.0% CHICAGO - HEGEWISCH 0 3 -100.0%-94,000 -100.0% - 105,000 -100.0% - 246 -100.0% 156,700 147,325 6.4%149,900 146,250 2.5%5 10-50.0% CHICAGO - GARFIELD RIDGE 2028-28.6%151,564 163,482 -7.3% 144,950 168,500 -14.0% 132 9243.5%197,172 222,813 -11.5%184,900 209,700 -11.8% 52 65-20.0% CHICAGO - ARCHER HEIGHTS 66 0.0% 132,317 148,750-11.0% 133,450 158,750 -15.9% 276282 -2.1% 151,033 174,982 -13.7%149,900 184,950 -19.0%9 18-50.0%Disclaimer:Statistics provided using data from Midwest Real Estate Data LLC.The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members. 18. CHICAGOLAND ASSOCIATION OF REALTORS April 2011 Sales for Detached Single Family - Listed by TOWN Coverage Area: CHICAGO CHICAGO - BRIGHTON PARK74 75.0% 79,700 77,625 2.7% 63,000 58,750 7.2% 123 54127.8%105,360 161,733 -34.9% 104,950 149,900 -30.0% 10 15 -33.3% CHICAGO - MCKINLEY PARK45 -20.0% 175,725161,440 8.8%176,000180,000-2.2%99 90 10.0%247,437 216,386 14.4%228,250 187,00022.1% 8714.3%CHICAGO - BRIDGEPORT12 -50.0%80,000351,650-77.3%80,000351,650 -77.3%15 80 -81.3% 480,547 409,260 17.4%417,900 408,7502.2%19 10 90.0% CHICAGO - NEW CITY 69 -33.3%42,917 41,689 2.9% 26,500 20,000 32.5%187 31503.2%182,03393,631 94.4%124,95049,900 150.4% 12 17 -29.4% CHICAGO - WEST ELSDON69 -33.3% 120,458132,222 -8.9%94,875125,000 -24.1% 121 79 53.2%145,194 160,877-9.7% 146,450 149,900-2.3% 18 28 -35.7% CHICAGO - GAGE PARK713-46.2%87,271 75,61515.4% 95,000 72,000 31.9%173152 13.8%120,330 109,401 10.0%109,90098,88811.1% 13 29 -55.2% CHICAGO - CLEARING1020-50.0% 156,950180,675-13.1% 151,450183,000 -17.2%88175 -49.7% 184,054 214,218 -14.1% 169,900 226,900 -25.1% 33 28 17.9% CHICAGO - WEST LAWN 221729.4%128,000130,721 -2.1% 128,500128,750-0.2% 114153 -25.5% 154,600 160,598-3.7% 150,000 164,000-8.5% 45 54 -16.7%CHICAGO - CHICAGO LAWN 352540.0% 63,342 59,376 6.7% 47,250 37,400 26.3%178 88102.3%109,02894,037 15.9%116,95089,50030.7% 62 68-8.8% CHICAGO - WEST ENGLEWOOD1218-33.3%19,717 25,536-22.8%11,750 13,727 -14.4% 118124-4.8%44,17541,1537.3% 24,95019,90025.4% 24 45 -46.7%CHICAGO - ENGLEWOOD 69 -33.3%15,709 22,344-29.7%11,2507,200 56.3%116178 -34.8%42,40637,577 12.8% 19,85016,70018.9% 12 26 -53.8%O - GREATER GRAND CROSSING710-30.0%89,643 53,19068.5% 99,000 26,450 274.3% 113 73 54.8% 88,50493,020-4.9%79,90075,0006.5%23 27 -14.8% CHICAGO - ASHBURN 2829 -3.4% 120,871137,591-12.2% 115,000140,500 -18.1% 168116 44.8%134,244 149,475 -10.2% 139,000 151,000-7.9% 81 94 -13.8%CHICAGO - AUBURN GRESHAM 1329-55.2%45,858 80,048-42.7%28,500 55,000 -48.2% 160114 40.4%110,987 103,0387.7%115,999 113,5002.2%59 50 18.0%CHICAGO - BEVERLY196216.7%258,121238,317 8.3%225,000235,000-4.3% 208 81156.8%308,914 320,640-3.7% 274,450 289,999-5.4% 44 39 12.8% CAGO - WASHINGTON HEIGHTS 1616 0.0% 81,309113,419-28.3%57,050143,250 -60.2%84143 -41.3% 107,722 103,0464.5% 99,450 115,000 -13.5% 32 39 -17.9% HICAGO - MOUNT GREENWOOD 816-50.0% 166,688230,919-27.8% 170,000230,000 -26.1%78118 -33.9% 237,273 219,1198.3%209,950 219,900-4.5% 30 33-9.1%CHICAGO - MORGAN PARK 612-50.0% 127,650127,038 0.5%149,950140,950 6.4% 135105 28.6%176,205 189,636-7.1% 204,900 156,25031.1% 21 42 -50.0% CHICAGO - OHARE 01-100.0% -333,000 -100.0% -333,000 -100.0%-222-100.0% 374,950 347,4757.9%374,950 341,00010.0% 24-50.0%CHICAGO - EDGEWATER106 66.7%372,850578,513-35.6% 365,000535,587 -31.9% 177274 -35.4% 494,489 691,170 -28.5% 445,000 664,900 -33.1% 910 -10.0% Disclaimer: Statistics provided using data from Midwest Real Estate Data LLC. The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members. 19. Stats available atwww.ChicagoRealtor.orgRealtor Tools -> Fast StatsQuarterly Jan. 1 - Mar. 31 Chicago - # of Units - ATTACHEDAreaArea2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 8001 CHICAGO - ROGERS PARK 543 45568 116 108 8002 CHICAGO - WEST RIDGE2226 2117 21 32 36 32 36 44 31 32 8003 CHICAGO - UPTOWN352 3896 10666 10 8004 CHICAGO - LINCOLN SQUARE14 8 1113 16 20 13 24 19 23 17 20 8005 CHICAGO - NORTH CENTER2922 2235 34 44 34 36 47 45 27 50 8006 CHICAGO - LAKE VIEW 1921 1724 20 34 29 30 28 31 25 39 8007 CHICAGO - LINCOLN PARK1732 1929 40 51 32 32 30 44 29 25 8008 CHICAGO - NEAR NORTH SIDE 837 857593288 8009 CHICAGO - EDISON PARK 9 147 68 25 14 18 20 21 16 19 8010 CHICAGO - NORWOOD PARK3845 3624 48 70 55 61 67 59 70 55 8011 CHICAGO - JEFFERSON PARK2624 2416 27 29 41 39 44 34 32 27 8012 CHICAGO - FOREST GLEN 3018 1625 40 35 29 38 40 37 40 43 8013 CHICAGO - NORTH PARK14168 5 12 12 11 14 1588 15 8014 CHICAGO - ALBANY PARK 1419 1314 20 22 35 18 35 29 20 21 8015 CHICAGO - PORTAGE PARK6566 3333 61 67 72 70 81 70 65 72 8016 CHICAGO - IRVING PARK 3539 1619 26 36 42 57 28 37 28 30 8017 CHICAGO - DUNNING 6781 4835 42 86 88 87 88 10064 77 8018 CHICAGO - MONTCLARE 1817 1110 14 15 19 17 23 20 18 18 8019 CHICAGO - BELMONT CRAGIN8575 3924 55 56 85 98 84 88 70 83 8020 CHICAGO - HERMOSA 9 19 12 4 11 15 28 13 19 21 19 16 8021 CHICAGO - AVONDALE18184 5 18 16 18 11 18 22 15 12 8022 CHICAGO - LOGAN SQUARE3730 2232 33 37 45 57 39 46 37 45 8023 CHICAGO - HUMBOLDT PARK 3535 2711 20 22 37 60 30 29 26 32 8024 CHICAGO - WEST TOWN 2719 1731 22 28 42 33 35 23 26 28 8025 CHICAGO - AUSTIN4880 5129 60 90 91 93 77 80 56 59 8028 CHICAGO - NEAR WEST SIDE789 8 145568 1164 8029 CHICAGO - NORTH LAWNDALE225 46 109 145452 8030 CHICAGO - SOUTH LAWNDALE15209 8 12 22 27 22 18 25 12 22 8031 CHICAGO - LOWER WEST SIDE 412 125341063 8032 CHICAGO - LOOP000 010000000 8033 CHICAGO - NEAR SOUTH SIDE 210 011011203 8034 CHICAGO - ARMOUR SQUARE 000 011010001 8035 CHICAGO - DOUGLAS 722 421321543 8036 CHICAGO - OAKLAND 341 032222010 8037 CHICAGO - FULLER PARK 231 111114400 8038 CHICAGO - GRAND BOULEVARD 73 10 636887854 8039 CHICAGO - KENWOOD 265 46859 10827 8040 CHICAGO - WASHINGTON PARK 001 511432120 8041 CHICAGO - HYDE PARK 430 519223655 8042 CHICAGO - WOODLAWN10 83 246278943 8043 CHICAGO - SOUTH SHORE 2427 2811 33 29 23 31 34 23 17 20 8044 CHICAGO - CHATHAM 2439 1924 41 29 34 41 45 39 28 24 8045 CHICAGO - AVALON PARK 1624 1111 26 20 24 19 19 23 16 10 8046 CHICAGO - SOUTH CHICAGO 2027 2413 16 33 31 34 23 26 18 16 8047 CHICAGO - BURNSIDE286 514465365 8048 CHICAGO - CALUMET HEIGHTS 1919 1020 12 37 22 20 27 15 18 14 8054 CHICAGO - RIVERDALE 112 022063112 8055 CHICAGO - HEGEWISCH 7 117 8 12 10 123 10 1485 8060 CHICAGO - BRIDGEPORT7 25510 20 21 13 125 115 11 8077 CHICAGO - EDGEWATER 7 106 4 187 12 13 117 13 15CITYWIDE884 988 652 610 905 1133 1159 1232 1175 1170 945 1023 20. Sinking values prompting homeowners to consider strategic default as best businessdecisionSlight drop in strategic defaults unlikely to last as more people do the math, see they cantrecover and make a business decision to walk away from their mortgage, even if it ruinstheir creditBy Mary Ellen Podmolik, Tribune reporterMay 22, 2011Strategic default opting to walk away from a mortgage you can afford isnt a new phenomenon in the housingcrisis. But with home values continuing to decline, more owners are finding themselves in a position where theymay see it as a savvy business decision to destroy their credit rather than wait years for prices to recover.Marty Likier is one who knows the mental hurdles that have to be crossed to make the decision.Likier put almost 20 percent down to purchase a $312,000 townhouse in Westmont in 2006 and lived there until twoyears ago, when he remarried and bought a home in Chicago Ridge. For a year he rented the townhouse. When achange in rules at the community meant Likiers days as a landlord would end, he called his lender and asked if hecould rework the loan, but he didnt have enough equity left to refinance the $240,000 mortgage.Likier, 55, took a long look at his finances and the combined monthly mortgage payments of more than $4,700 anddecided last fall that the struggle wasnt worth it.He listed the townhouse for $249,000, figuring he would bring $20,000 to the closing table to facilitate a deal. Thelisting has since dropped to $179,000, which is lower than the unit sold for when it was built in 1999. He stoppedpaying the mortgage in January and recently was served with foreclosure papers.Despite the fact that he and his wife are employed and have an annual household income near $150,000, hescomfortable with his decision."I did a lot of soul-searching about whether it was morally the right thing to do," he said. "I felt there was no moralobligation to make a payment. The contract says its a financial obligation, not a moral obligation."I was in a boat with a slow leak. It was manageable, but I know I was slowly sinking."The decision to walk, tied to a housing crisis that continues to grip the market, is far-reaching, raising seriousquestions about whether financial commitments can ever be considered optional.Earlier this month, CoreLogic reported that as of the end of March, home prices had declined for eight consecutivemonths, and more than 11 million borrowers nationally were underwater, which means they owe more on theirmortgages than the home is worth. Its difficult to predict just how many of those borrowers may opt for default, butFICO, the widely used credit scoring system, recently developed a formula to help lenders pinpoint borrowers whomight default."This is not a problem thats going away," said Joanne Gaskin, director of product management for scores at FICOInc. "Theres an exceptionally high interest from the banks in getting ahead of it.The Chicago area remains ripe for strategic defaults because of a triple whammy of circumstances.With local home values having sunk to 2001 levels, more homeowners have negative equity in their homes. At the 21. end of December, about one-quarter of Chicago-area homeowners with a mortgage were underwater and another 5percent of mortgage holders had less than 5 percent equity in their homes, putting them in danger of fallingunderwater, CoreLogic said.Also, foreclosures in Illinois are processed through a court system overwhelmed by the housing crisis. On average,the time to process a mortgage foreclosure, from the first default notice to a bank repossessing a home, was 494 daysin March, RealtyTrac said. That means a homeowner who decides to default doesnt have to walk away so quickly;he can live mortgage-free during the drawn-out process.And finally, there is growing consumer sentiment that if there is little financial upside to staying in a home,voluntarily defaulting on the mortgage is a smart decision, not a moral shortcoming. In its most recent nationalconsumer survey, Fannie Mae found that 27 percent of people think its acceptable to walk away from a mortgage ifthey face financial distress, twice as many as did a year ago.The decision isnt made overnight. "You see the house price dropping, you dont walk away the next day," said LuigiZingales, a professor at University of Chicago Booth School of Business who studies strategic defaults. "You hopethat the first time the condo next to you sold for half price, that it isnt going to happen to (you.)"Once accepting of the facts, it takes some time for people to rationalize the social and moral considerations ofshirking their financial responsibilities and preparing for the legal and financial ramifications, Zingales said.A recent study co-written by Zingales found a decrease in walkaways since December. He doesnt think theimprovement will last."Especially in states like Illinois, people held out hope for a little while," Zingales said. "Maybe they are paying themortgage a little but when theyre seeing that prices arent recovering, they default."A lot of people strategically default because they want to preserve their retirement savings."When a vacation condo in Panama City, Fla., became difficult to rent, Naperville resident Philip Burdi tried to sell itfor $90,000 far less than the $190,000 owed on the mortgage. His lender, doubting Burdis financial hardship,wouldnt approve it.Burdi stopped paying the two mortgages on the condo in March 2010 and is over the guilt, particularly after hetapped retirement savings to settle the second mortgage debt. He occasionally stays in the condo, and he lets friendsand family stay there for free. He has yet to be served with foreclosure."I know its going to have very dire consequences when the foreclosure happens," he said. "Millions of Americansare in the same shoes Im in."The fact that others are doing it doesnt make it moral, because a borrower signed a contract that said he will pay,Zingales said. And the problem is bigger than individual borrowers, he adds. "The cost long-term to society is verylarge and not just for the housing market. Moving forward, promises will be a different thing and contracts will be adifferent thing if they can be broken so easily."The decision to walk away carries long-lasting repercussions. A foreclosure strikes the same blow whether it wasvoluntary or involuntary, decreasing a credit score as much as 250 points, a drop that it may take an otherwisecreditworthy consumer up to seven years to recoup.That lower score will affect a consumers ability to access additional credit, whether it is credit cards, an automobileor rental housing. Landlords pull credit reports too. Auto insurance premiums also would increase. "Were not surethat consumers understand the ramifications of it," FICOs Gaskin said.Some do, though, and theyre taking steps beforehand to position themselves for the difficult years ahead. Theyremaking repairs to their cars and applying for extra credit cards because they wont qualify after a foreclosure. 22. Margie Jones prepared for the fallout, getting her finances in order and making any big-ticket purchases. When sheand her husband bought a home in El Paso, Texas, they put it in his name only.The Chicago native endured multiple deployments to Iraq and Kosovo as an Army warrant officer overseeing motorpools. But she no longer can take the financial stress associated with a three-flat in Chicagos Logan Squareneighborhood, a home she still lists as her legal address, and a mortgage she took over from her mother more thanfive years ago.Bought in 2002, the building where her mother and two renters live last appraised for less than half its purchaseprice. Efforts to refinance its two mortgages failed, and the first lien holder wouldnt approve a loan modificationbecause the lender views Jones, who is now stationed in El Paso, as an investor.The last time she made a payment on the first mortgage was in February."We were barely able to make ends meet," Jones said. "I told my husband I cant do this anymore. The day I madethe decision to just walk away was one of the better nights sleeps I had because I wasnt going to worry about itanymore."Jones, who said her credit score was above 700, is still waiting for the decision to catch up with her, but shesaccepting of it. "I can stand to lose a couple hundred points."[email protected] 23. 2008 Index Consumer Confidence Graphed at http:// future.aae.wisc.edu/data/monthly_values/by_area/998? yoy=true&yearlist=2008|2009|2010| 2011&gtype=line&area=US&normalize=false2011 Index Full data available at the Consumer Board Index page by clicking here 2010 Index2009 Index 24. Market Dynamics At Properties Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 04/01/09 - 04/30/11Over the past 2 years we have witnessed a 25%decrease in "For Sale" inventoryUnder Contract and Sold Properties are downsignificantly due to the "intervention numbers" ofthe 2010 Homebuyer Tax CreditKEY INFORMATION Monthly ChangeMonthly %Total Change Total % ChangeFor Sale-368.28-1.04-8,838.60 -24.88Under Contract-16.64 -0.72-399.38 -17.20Sold-29.84 -1.25-716.08 -29.93MLS: MRED Period:2 Years (Monthly) Price: All Construction Type: All Bedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft:AllCities: ChicagoBrokerMetrics1 of 2 05/20/11 Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 25. Market DynamicsAt Properties Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 04/01/09 - 04/30/11 FOR SALE UNDER CONTRACT SOLD EXPIRED NEW LISTINGS Time Period # Properties Average DOM # Properties Average DOM# PropertiesAverage DOM # Properties Average DOM# PropertiesApr-11 25,663171 2,731 170 1,832165 3,074 273 4,871Mar-11 26,725178 2,670 177 1,805159 3,263 306 5,906Feb-11 25,142194 1,818 178 1,376164 2,505 317 4,251Jan-11 26,017197 1,810 176 1,347159 3,316 290 4,997Dec-10 26,402207 1,573 166 1,816151 3,809 300 3,166Nov-10 28,217196 1,530 166 1,479151 3,451 256 3,661Oct-10 30,277186 1,634 159 1,544148 4,087 244 4,411Sep-10 31,600180 1,688 150 1,790145 4,046 246 5,221Aug-10 32,245179 1,833 147 1,871145 4,033 253 5,445Jul-10 32,509176 1,808 144 1,982147 3,901 234 5,781Jun-10 32,771175 1,863 137 3,067141 4,180 247 6,192May-10 31,983176 1,800 142 2,490147 3,604 231 5,341Apr-10 33,287171 3,255 146 2,465153 3,390 254 6,712Mar-10 32,946174 2,916 152 2,323155 3,455 251 7,492Feb-10 30,450185 2,153 155 1,611149 2,843 265 6,089Jan-10 29,299194 1,837 154 1,554142 3,101 269 5,854Dec-09 29,399202 1,821 144 2,253141 4,133 289 3,815Nov-09 30,866195 1,641 154 2,270150 3,641 270 4,233Oct-09 32,738186 2,323 153 2,496145 3,782 251 5,102Sep-09 33,848181 2,365 156 2,408150 3,847 249 5,663Aug-09 34,401178 2,491 145 2,347152 3,725 246 5,698Jul-09 35,025174 2,379 145 2,414155 3,943 244 6,137Jun-09 35,473173 2,548 156 2,483163 4,037 265 6,351May-09 35,021174 2,293 160 2,016166 3,606 251 5,977Apr-09 35,084171 2,267 170 1,806171 3,773 245 6,323BrokerMetrics 2 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 26. Market Dynamics At Properties Supply & Demand - # Units (FS, UC, Sold)Apr-10 through Apr-11Under Contract Deadline for TaxBuyer Credit 2010 Closed Deadline for Tax Buyer Credit 2010* ExtendedKEY INFORMATION Monthly ChangeMonthly %Total Change Total % ChangeFor Sale-752.30-2.21-9,027.62 -26.57Under Contract 1.540.0818.53 0.93Sold-89.72 -3.66-1,076.59 -43.90MLS: MRED Period:2 Years (Monthly) Price: All Construction Type: All Bedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft:AllCities: ChicagoBrokerMetrics1 of 2 05/20/11 Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 27. Market DynamicsAt Properties Supply & Demand - # Units (FS, UC, Sold)Apr-10 through Apr-11 FOR SALE UNDER CONTRACT SOLD EXPIRED NEW LISTINGS Time Period # Properties Average DOM # Properties Average DOM# PropertiesAverage DOM # Properties Average DOM# PropertiesApr-11 25,663171 2,731 170 1,832165 3,074 273 4,871Mar-11 26,725178 2,670 177 1,805159 3,263 306 5,906Feb-11 25,142194 1,818 178 1,376164 2,505 317 4,251Jan-11 26,017197 1,810 176 1,347159 3,316 290 4,997Dec-10 26,402207 1,573 166 1,816151 3,809 300 3,166Nov-10 28,217196 1,530 166 1,479151 3,451 256 3,661Oct-10 30,277186 1,634 159 1,544148 4,087 244 4,411Sep-10 31,600180 1,688 150 1,790145 4,046 246 5,221Aug-10 32,245179 1,833 147 1,871145 4,033 253 5,445Jul-10 32,509176 1,808 144 1,982147 3,901 234 5,781Jun-10 32,771175 1,863 137 3,067141 4,180 247 6,192May-10 31,983176 1,800 142 2,490147 3,604 231 5,341Apr-10 33,287171 3,255 146 2,465153 3,390 254 6,712BrokerMetrics 2 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 28. Market Dynamics At PropertiesSupply & Demand - # Units (UC)2 Years (Monthly) 04/01/09 - 04/30/112nd highest 2 monthperiod in last 2 years. Under Contract Deadline for Tax Buyer CreditConsumer ConfidenceIndex highest since Mortgage rates hit highestFebruary 2008 since April 2010KEY INFORMATION Monthly ChangeMonthly %Total ChangeTotal % ChangeUnder Contract-16.64 -0.72-399.38 -17.20MLS: MRED Period:2 Years (Monthly) Price: All Construction Type: All Bedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft:AllCities: ChicagoBrokerMetrics1 of 2 05/20/11 Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 29. Market DynamicsAt Properties Supply & Demand - # Units (UC) 2 Years (Monthly) 04/01/09 - 04/30/11 FOR SALE UNDER CONTRACT SOLD EXPIRED NEW LISTINGS Time Period # Properties Average DOM # Properties Average DOM# PropertiesAverage DOM # Properties Average DOM# PropertiesApr-11 25,663171 2,731 170 1,832165 3,074 273 4,871Mar-11 26,725178 2,670 177 1,805159 3,263 306 5,906Feb-11 25,142194 1,818 178 1,376164 2,505 317 4,251Jan-11 26,017197 1,810 176 1,347159 3,316 290 4,997Dec-10 26,402207 1,573 166 1,816151 3,809 300 3,166Nov-10 28,217196 1,530 166 1,479151 3,451 256 3,661Oct-10 30,277186 1,634 159 1,544148 4,087 244 4,411Sep-10 31,600180 1,688 150 1,790145 4,046 246 5,221Aug-10 32,245179 1,833 147 1,871145 4,033 253 5,445Jul-10 32,509176 1,808 144 1,982147 3,901 234 5,781Jun-10 32,771175 1,863 137 3,067141 4,180 247 6,192May-10 31,983176 1,800 142 2,490147 3,604 231 5,341Apr-10 33,287171 3,255 146 2,465153 3,390 254 6,712Mar-10 32,946174 2,916 152 2,323155 3,455 251 7,492Feb-10 30,450185 2,153 155 1,611149 2,843 265 6,089Jan-10 29,299194 1,837 154 1,554142 3,101 269 5,854Dec-09 29,399202 1,821 144 2,253141 4,133 289 3,815Nov-09 30,866195 1,641 154 2,270150 3,641 270 4,233Oct-09 32,738186 2,323 153 2,496145 3,782 251 5,102Sep-09 33,848181 2,365 156 2,408150 3,847 249 5,663Aug-09 34,401178 2,491 145 2,347152 3,725 246 5,698Jul-09 35,025174 2,379 145 2,414155 3,943 244 6,137Jun-09 35,473173 2,548 156 2,483163 4,037 265 6,351May-09 35,021174 2,293 160 2,016166 3,606 251 5,977Apr-09 35,084171 2,267 170 1,806171 3,773 245 6,323BrokerMetrics 2 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 30. Market DynamicsAt Properties Supply & Demand - # Units (UC) Apr-10 through Apr-11Under Contract Deadlinefor Tax Buyer CreditConsumer ConfidenceIndex highest sinceMortgage rates hit highestFebruary 2008since April 2010KEY INFORMATION Monthly Change Monthly % Total Change Total % ChangeUnder Contract1.540.0818.530.93MLS: MRED Period: 2 Years (Monthly)Price: All Construction Type: AllBedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)Sq Ft:AllCities: ChicagoBrokerMetrics1 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 31. Market DynamicsAt Properties Supply & Demand - # Units (UC) Apr-10 through Apr-11 FOR SALE UNDER CONTRACT SOLD EXPIRED NEW LISTINGS Time Period # Properties Average DOM # Properties Average DOM# PropertiesAverage DOM # Properties Average DOM# PropertiesApr-11 25,663171 2,731 170 1,832165 3,074 273 4,871Mar-11 26,725178 2,670 177 1,805159 3,263 306 5,906Feb-11 25,142194 1,818 178 1,376164 2,505 317 4,251Jan-11 26,017197 1,810 176 1,347159 3,316 290 4,997Dec-10 26,402207 1,573 166 1,816151 3,809 300 3,166Nov-10 28,217196 1,530 166 1,479151 3,451 256 3,661Oct-10 30,277186 1,634 159 1,544148 4,087 244 4,411Sep-10 31,600180 1,688 150 1,790145 4,046 246 5,221Aug-10 32,245179 1,833 147 1,871145 4,033 253 5,445Jul-10 32,509176 1,808 144 1,982147 3,901 234 5,781Jun-10 32,771175 1,863 137 3,067141 4,180 247 6,192May-10 31,983176 1,800 142 2,490147 3,604 231 5,341Apr-10 33,287171 3,255 146 2,465153 3,390 254 6,712BrokerMetrics 2 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 32. Market DynamicsAt PropertiesMedian Price (Sold) Apr-10 through Apr-11This number is combining bothKEY INFORMATION traditional and Bank ownedproperty prices - as shown in theMonthly Change Monthly % Change Total ChangeTotal % Changenext slideSold-5,667.35-2.78-68,008.18-33.35MLS: MRED Period: 2 Years (Monthly)Price: All Construction Type: AllBedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)Sq Ft:AllCities: ChicagoBrokerMetrics1 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 33. Market Dynamics At Properties Median Price (Sold)Apr-10 through Apr-11FOR SALE UNDER CONTRACT SOLDEXPIREDNEW LISTINGS Time Period Median $ # PropertiesMedian $# Properties Median $# PropertiesMedian $ # PropertiesMedian $ # PropertiesApr-11219,900 25,663159,9002,731155,000 1,832209,9003,074229,0004,871Mar-11209,900 26,725159,9002,670150,000 1,805219,0003,263219,7505,906Feb-11200,000 25,142164,5001,818135,000 1,376215,9002,505217,1694,251Jan-11199,900 26,017144,9001,810137,000 1,347229,0003,316199,9004,997Dec-10199,900 26,402149,9001,573157,000 1,816229,9003,809140,0003,166Nov-10215,000 28,217158,9001,530165,000 1,479238,5003,451179,0003,661Oct-10219,000 30,277169,9001,634162,250 1,544224,9004,087195,9004,411Sep-10220,000 31,600150,0001,688169,950 1,790239,9004,046205,0005,221Aug-10225,000 32,245167,9001,833183,000 1,871249,0004,033199,0005,445Jul-10229,900 32,509177,5001,808175,000 1,982250,0003,901210,0005,781Jun-10234,900 32,771179,5001,863214,000 3,067250,0004,180224,9006,192May-10238,900 31,983192,7501,800205,000 2,490250,0003,604225,0005,341Apr-10239,000 33,287215,0003,255200,000 2,465249,0003,390229,9006,712BrokerMetrics 2 of 2 05/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 34. Market Dynamics At PropertiesSold Median Price (Bank, Non-Bank)Apr-10 through Apr-11 Where we were down 33% with ALL properties - only 4.8% for traditional sales. More Bank/Lower Price = Lower Sales PriceKEY INFORMATIONMonthly ChangeMonthly % ChangeTotal Change Total % ChangeBank520.350.82 6,244.159.88Non-Bank-1,139.71-0.40-13,676.53 -4.80MLS: MRED Period:2 Years (Monthly) Price: All Construction Type: All Bedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft:AllCities: ChicagoBrokerMetrics1 of 2 05/20/11 Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 35. Market DynamicsAt Properties Sold Median Price (Bank, Non-Bank) Apr-10 through Apr-11 All Properties Bank PropertiesNon-Bank Properties Time Period Median $ # Properties Median $ # PropertiesMedian $# PropertiesApr-11155,000 1,832 69,950 938 287,000894Mar-11150,000 1,805 70,500 981 274,950824Feb-11135,000 1,376 67,000 771 260,000605Jan-11137,000 1,347 63,750 750 285,000597Dec-10157,000 1,816 75,000 879 266,050937Nov-10165,000 1,479 64,950 672 259,900807Oct-10162,250 1,544 55,000 701 267,500843Sep-10169,950 1,790 70,000 877 275,000913Aug-10183,000 1,871 70,000 851 301,3261,020Jul-10175,000 1,982 65,550 902 290,8751,080Jun-10214,000 3,067 70,000 1,018 282,5002,049May-10205,000 2,490 58,550 876 279,9951,614Apr-10200,000 2,465 62,000 947 285,0001,518BrokerMetrics2 of 205/20/11 Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 36. Market DynamicsAt PropertiesAverage SP/OP Comparison No Price Changes vs. 1+ Price ChangesApr-10 through Apr-11We have continued to see a decrease in SP/OP %ratios over the past year for those properties thathave been forced to experience a price adjustment. KEY INFORMATION Average SP/0PMinMax RangeSP/OP - No Price 95.66 93.9496.97 3.03SP/OP - 1+ Price 82.04 78.7384.92 6.19MLS: MREDPeriod: 2 Years (Monthly) Price: AllConstruction Type: AllBedrooms:All Bathrooms:All Lot Size: AllProperty Types:Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)Sq Ft:AllCities:ChicagoBrokerMetrics 1 of 205/20/11 Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 37. Market DynamicsAt Properties Average SP/OP Comparison No Price Changes vs. 1+ Price Changes Apr-10 through Apr-11 No Price Changes1+ Price ChangesAverage AverageAverageAverage Time Period # Sold SP/OP DOM# Sold SP/OP DOMApr-11 1,023 93.9122809 80.0 219Mar-11 983 94.5114822 78.7 214Feb-11 729 95.4110647 79.9 224Jan-11 718 94.3108629 79.2 217Dec-10 1,005 95.6104811 80.4 208Nov-10 800 95.2111679 80.8 198Oct-10 852 94.998 692 82.5 210Sep-10 979 96.289 811 83.1 213Aug-10 1,072 96.690 799 84.6 220Jul-10 1,172 96.893 810 83.6 224Jun-10 1,826 96.692 1,241 84.9 214May-10 1,461 96.596 1,029 84.7 219Apr-10 1,464 97.095 1,001 84.1 238 Not only have we seen a significant SP/OP ratio difference - but also a huge difference in overall DOM for sold propertiesBrokerMetrics 2 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 38. Market Dynamics At Properties DOM Breakout (For Sale Last Day of the Month) 2 Years (Monthly) 04/01/09 - 04/30/11KEY INFORMATION Monthly ChangeMonthly %Total Change Total % Change0-90 DOM-50.72 -1.07-1,217.37 -25.5791-180 DOM-21.44 -0.92-514.47 -22.03181+DOM -21.43 -0.82-514.39 -19.77MLS: MRED Period:2 Years (Monthly) Price: All Construction Type: All Bedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft:AllNorth Side: 8003, 8022, 8004, 8005, 8024, 8077, 8007, 8006, 8008BrokerMetrics1 of 2 05/20/11 Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 39. Market Dynamics At PropertiesDOM Breakout (For Sale Last Day of the Month)2 Years (Monthly) 04/01/09 - 04/30/11TimePeriod # Units 0-900-90 % 91-180 91-180 % 181+181+ %Apr-117,2424,22558.31,23617.11,78124.6Mar-117,3114,14256.61,13815.62,03127.8Feb-117,0373,15444.81,66223.62,22131.6Jan-116,8072,66939.21,87927.62,25933.2 Where the overall inventoryDec-106,6932,34135.02,12431.72,22833.3 shows the change in # of unitsNov-107,5933,16241.62,08527.52,34630.9 the distribution (April 2010 toOct-108,3253,73944.92,22526.72,36128.4 April 2011) has remainedSep-108,8694,15546.82,33826.42,37626.8Aug-109,0894,35647.92,47727.22,25624.8 relatively unchanged.Jul-109,3574,56548.82,76029.52,03221.7Jun-109,4544,77150.52,69428.51,98921.0May-109,4315,02253.22,19623.32,21323.5Apr-109,6125,56257.91,65317.22,39724.9Mar-109,5215,63059.11,40714.82,48426.1Feb-108,8234,53451.41,82220.62,46728.0Jan-107,9223,38742.82,06826.12,46731.1Dec-097,3682,77637.72,15229.22,44033.1Nov-098,2323,48842.42,12425.82,62031.8Oct-098,9634,11545.92,27225.42,57628.7Sep-099,3574,31346.12,34325.02,70128.9Aug-099,3464,27445.72,45626.32,61628.0Jul-099,4544,51847.82,59827.52,33824.7Jun-099,5054,67649.22,52926.62,30024.2May-099,5385,01652.62,07221.72,45025.7Apr-099,4665,18454.81,63017.22,65228.0BrokerMetrics 2 of 2 05/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 40. Market DynamicsAt PropertiesMonths Supply of Inventory (UC Calculation) 2 Years (Monthly) 04/01/09 - 04/30/11March and April of this year showedthe lowest MSI for the past 2 yearsWITHOUT Government interventionof the tax credit.KEY INFORMATION Monthly Change Monthly %Total ChangeTotal % ChangeMSI-UC-0.03 -0.25-0.76 -5.97MLS: MRED Period: 2 Years (Monthly) Price: AllConstruction Type: AllBedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)Sq Ft:AllCities: ChicagoBrokerMetrics1 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 41. Market DynamicsAt PropertiesMonths Supply of Inventory (UC Calculation) 2 Years (Monthly) 04/01/09 - 04/30/11Time# For Sale Last# UnderPeriod MSINAR MSI Day of Month Contract# SoldApr-117.310.8 19,858 2,7311,832Mar-117.811.5 20,792 2,6701,805Feb-11 11.515.1 20,819 1,8181,376Jan-11 11.515.5 20,891 1,8101,347Dec-10 13.411.6 21,020 1,5731,816Nov-10 15.215.7 23,236 1,5301,479Oct-10 15.015.9 24,556 1,6341,544Sep-10 15.314.5 25,866 1,6881,790Aug-10 14.414.1 26,379 1,8331,871Jul-10 14.813.5 26,800 1,8081,982Jun-10 14.3 8.7 26,728 1,8633,067May-10 14.810.7 26,579 1,8002,490Apr-108.210.8 26,642 3,2552,465Mar-109.111.4 26,575 2,9162,323Feb-10 11.815.8 25,454 2,1531,611Jan-10 13.315.7 24,361 1,8371,554Dec-09 12.910.4 23,445 1,8212,253Nov-09 15.611.3 25,584 1,6412,270Oct-09 11.510.7 26,633 2,3232,496Sep-09 11.711.5 27,636 2,3652,408Aug-09 11.312.0 28,185 2,4912,347Jul-09 12.111.9 28,703 2,3792,414Jun-09 11.311.6 28,888 2,5482,483May-09 12.714.4 29,122 2,2932,016Apr-09 12.816.1 29,044 2,2671,806BrokerMetrics 2 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 42. Market DynamicsAt PropertiesMonths Supply of Inventory (UC Calculation) Apr-10 through Apr-11KEY INFORMATION Monthly Change Monthly %Total ChangeTotal % ChangeMSI-UC-0.35 -2.38-4.19-28.55MLS: MRED Period: 2 Years (Monthly) Price: AllConstruction Type: AllBedrooms:All Bathrooms:All Lot Size: AllProperty Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)Sq Ft:AllCities: ChicagoBrokerMetrics1 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 43. Market DynamicsAt PropertiesMonths Supply of Inventory (UC Calculation) Apr-10 through Apr-11Time# For Sale Last# UnderPeriod MSINAR MSI Day of Month Contract# SoldApr-117.310.8 19,858 2,7311,832Mar-117.811.5 20,792 2,6701,805Feb-11 11.515.1 20,819 1,8181,376Jan-11 11.515.5 20,891 1,8101,347Dec-10 13.411.6 21,020 1,5731,816Nov-10 15.215.7 23,236 1,5301,479Oct-10 15.015.9 24,556 1,6341,544Sep-10 15.314.5 25,866 1,6881,790Aug-10 14.414.1 26,379 1,8331,871Jul-10 14.813.5 26,800 1,8081,982Jun-10 14.3 8.7 26,728 1,8633,067May-10 14.810.7 26,579 1,8002,490Apr-108.210.8 26,642 3,2552,465BrokerMetrics 2 of 205/20/11Information not guaranteed. 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).


Recommended