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After a long, deep slump, there are some signs of life in the housing market in Evanston.

Some local real estate firms are reporting increasing buyer interest amid declining property inventories.

And three new rental projects totalling over 500 units are under construction in Evanston.

So how do you feel about the state of the housing market here?

How’s the housing market in Evanston?

Bill Smith is the editor and publisher of Evanston Now.

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4 Comments

  1. Totally depends on your property and location

    A decent sized house in a good neighborhood and the outlook is very sunny. A condo or house in a bad neighborhood and the outlook is about as bright as when Hurricane Katrina was approaching New Orleans.

  2. Why hate on condos?

    Condo-living is a perfectly acceptable way to have a space in a great location without the yardwork and maintenance that goes with a single-family home. Furthermore, single family homes in Evanston are priced beyond the means of many buyers. 

    As a condo-dwelling Realtor who is busier than I've been in years, my perspective is that the market has brightened considerably across the board. The City has gotten in on rehabbing some of the worst properties with assistance from the federal government, and housing inventory is way down – both for single family homes and for condos.

    Doesn't look anything like New Orleans, with or without Katrina, from my vantage point.

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