Articles in the New Construction Category
New Construction »
If you read the statistics throughout our cover story regarding housing starts and new construction, it shouldn’t be surprising that there are plenty of new construction properties in Chicagoland available to buy.
Local News, New Construction »
Calling all developers and builders: if you have a new construction property, it needs to be in Chicago Agent‘s new construction grid in our New Construction issue!
New Construction »
There are plenty of new construction properties out there to sell! Chicago Agent contacted many Chicagoland developers about their new properties, and have provided all the up-to-date property information we received in the following listings. We have all the new property information for the city and suburbs we received right here on the following pages, and have organized the listings in alphabetical order by town to help you find your buyers their perfect newly constructed home. You’ll find the developer, address, housing type, price range, percent sold and the sales …
New Construction »
By Peter Ricci
Luxury homes offer homebuyers a seemingly limitless number of choices; so much choice, though, can potentially be overwhelming for the Realtor, builder, and client alike. To explain the luxury home design/build process, Chicago Agent spoke with Peter and Erick Grahn, co-founders of luxury design/build company GVP Development, about 7 points Realtors should be mindful of while guiding clients through the design/build process.
Approximate what the land can support
Before any plans can be drawn up, the land must be properly evaluated. What can the land handle? What types of homes and …
New Construction »
By Elizabeth SanFilippo
Ken Neumann needed to reinvent himself – after starting Neumann Homes in 1992, which built over 12,000 new homes in Illinois, Colorado, Michigan and Wisconsin, the company filed for bankruptcy in 2007 (although the company still builds homes, many in the Detroit area).
In October 2008, when he started Greenscape Ventures, he asked how his company could compete in the resale market. His answer? Build affordable housing initially using foreclosed homes and then by developing spot lots. Plus, “We use high-efficiency everything,” Neumann said.
Neumann is also focused on always …
Agent News, Headline, New Construction »
Local News, New Construction »
After decades of frequent moving because of their careers with the U.S. Navy, James and Rebecca Deshazor were finally ready to settle down so James could enjoy his retirement from the service and Rebecca could prepare for hers next year. The couple, along with their two daughters ages 25 and 16, spent months researching areas and homes before selecting Midlane Club, a clubhouse community of single-family homes by J. Lawrence Homes, in north-suburban Wadsworth.
“Location was important to us as we wanted to be close to my new job at the …
Local News, New Construction »
Contrary to popular belief, there’s never been a better time to purchase a new home—as evidenced by historically low interest rates and a variety of attractive financing options available.
These loan programs and tax credits are specifically designed to benefit first-time buyers and those with low to moderate incomes—borrowers who can otherwise find it challenging to accomplish their homeownership goals.
“Shoppers who don’t have much of a down payment saved up or who are worried about qualifying for a loan due to a low to moderate income can still share in the …
Headline, Local News, National News, New Construction »
Builder confidence in the market for newly built, single-family homes improved slightly in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI rose one notch to 16 from a downwardly revised level of 15 in the previous month.
Local News, New Construction »
As the only new high-rise in its neighborhood and one of the only new-construction condominium towers in Chicago to successfully emerge from the housing downturn, SoNo stands out both literally and figuratively. Now, the 199-unit development, with the distinctive glass curtain wall rising above the Clybourn Corridor, is nearing closeout with only 15 units remaining.
According to Chicago-based Smithfield Properties LLC, the project’s developer, the final 15 homes in the 28-story building are priced to sell with discounts ranging from 7% to 21% off original developer prices. Remaining homes include:
• One-bedroom, …





