Chicago appraiser Michael Walsh recently performed a single family appraisal in the Norwood Park neighborhood of Chicago and shares his market analysis in this presentation.
2. According to data from the MRED MLS the were 35 closed sales of
one-unit housing in the last 30 days. There were 74 more that went
under contract and 82 new listings
5. There is 3.7 months of available inventory at the current level of
absorption
6. In the last year approximately 16% of all sales were some form
of distressed sale, Bank Owned or Short Sale
7. Citywide Services performs residential real estate appraisals in Chicago &
suburbs. Certified Appraisers. Appraisals for divorce, estate, bankruptcy, tax
appeal, bail bonds, for sale by owner,