Read - Appraisal Research Counselors

Read - Appraisal Research Counselors

Appraisal Research Counselors 400 E Randolph Street, Suite 715 Chicago, Illinois 60601-7388 T: 312-565-0977 F: 312-565-3436 Click here to view Appr...

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Appraisal Research Counselors

400 E Randolph Street, Suite 715 Chicago, Illinois 60601-7388

T: 312-565-0977 F: 312-565-3436

Click here to view AppraisalResearch.com

Professional Service Since 1968

Condo units hitting Chicago market expected to double in 2008 -- chicagotribune.com

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Condo units hitting Chicago market expected to double in 2008 By Susan Diesenhouse | Tribune staff reporter 12:45 PM CST, February 14, 2008

In 2007, the weakening downtown Chicago condominium market was marked by declining sales and values but rising inventory in most neighborhoods, according to the annual assessment by Appraisal Research Counselors, a Chicago-based appraisal and research firm. And the number of new units being delivered this year is set to rise to nearly 6,000 up from 3,000 in the peak year of 2005, the firm reported Thursday.

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The West Loop was the one neighborhood that saw sales increase last year, according to Appraisal Research.

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