With the noticeable changes in the residential market in the past few months many are now looking at the commercial segment for a similar change. Typically, the commercial sector follows the residential trend and the general economy by roughly 18 to 24 months. But the supply and demand, and price […]
Commercial real estate
4 posts
The year over year statistics for November has been published. One common trend occurring in several market segments, including all residential and commercial properties are the lowered months supply of inventory, which all seem to be hovering over the four month mark. What the months supply of inventory (MSI) tells […]
With the elections behind us and the winter season approaching, many are watching the housing market for changes in activity. But much of the recent data seems to support much of what has been talked about on a national level. For Chicago, inventory has decreased throughout single family, attached condos […]
The South Side Builder’s Association has scheduled their next meeting this Wed., October 3rd at 11:30a at The Parthenon in the West Loop (314 S Halsted). John Petrovski, currently the Chief Operating Officer of the Commercial Real Estate lending team in the US for BMO Harris Bank and formerly, up […]