Cover Story
The story of the luxury real estate market in Chicagoland is really a tale of two markets. The city’s skyline is dotted with cranes as new buildings go up to accommodate more high-end apartments and condos. But in the
High occupancy levels. Rising asking rents. Strong demand. The rental market is thriving in Chicago, and the luxury segment is no exception. The conditions have created a perfect storm for a construction frenzy. “Chicago’s had a lot of new
Drussy Hernandez Managing broker, Conlon/Christie’s International Real Estate The policy at Conlon/Christie’s is for managing brokers to not sell or list properties unless it is for a personal acquaintance, Hernandez said. “I only handle friends and family and it’s
There are many ways managing brokers may serve their agents. And depending on who you ask, handling their own sales may or may not be one of them. Mike McElroy has been the owner and managing broker of Center
Curious about what new construction projects are happening in Chicagoland? Here’s a snapshot of what’s going up in the city and beyond: @properties has a list of developments they are representing, including 1000M, Webster Square, The Legacy at Millennium Park, Kelmscott
Recent advances in technology have opened up a world of possibilities for marketing new construction homes. Here’s how agents are using the latest developments in drone technology and virtual reality to market their product. Virtual reality Virtual reality
What does the Chicagoland new construction market look like in the context of national numbers? Here’s a brief status report, with figures from the National Association of Home Builders and the U.S. Census Bureau. Builder confidence Builder sentiment on
Agents who can sell new construction, and sell it well, are worth their weight in gold for area developers. Developer Keith Jacobs was recently presented with a dilemma that fell outside of his experience at Deerfield-based Jacobs Companies, where