Cover Story
There are hundreds of new construction developments throughout the Chicagoland area, from active adult communities and tear downs, to first-time buyer communities and rehabs. Amidst such variety, we have spotlighted some of the most interesting projects, featuring cutting-edge architecture,
Assessing the strength of Chicagoland’s new construction market is not easy, what with the many trends, statistics and studies that come out on a weekly basis. To cut through the noise, we separately interviewed two of Chicago’s most respected
There are 297 municipalities and political jurisdictions in the Chicagoland area, and moving between those municipalities – and juggling all of the disparate zoning regulations, building codes and neighborhood amenities – can be quite challenging for builders. So to
It is understood that for most, buying a home is the biggest, most serious investment of their lives. But that doesn’t exempt the housing industry from the power of trends and fads. Every year, building trends emerge claiming to
Homebuilding is in a state of flux in Chicago. With growing barriers in lending and land availability forcing traditionally entry-level homebuilders into the upper ends of the market, it is unclear what the future of the industry and sector
Brian Hickey, the founder of teardowns.com, an online marketplace geared towards the redevelopment of properties, likes to think of teardowns as part of an “evolution not a revolution” within the housing market. “Buyers’ preferences have changed – more buyers
Michael Emery, an associate broker/partner with Urban Real Estate, follows a multi-step process when discussing listing prices with his seller clients, who often have unrealistic expectations for the price they can get. First, he asks the seller what they
Pricing new construction is a balancing act between knowing what a building is worth, how people view its value and how you go about selling it. To get a better idea on how professionals balance those facets, we spoke
Agents who adopt pre-MLS or non-MLS marketing strategies are doing the best they can for their clients. At least that’s the argument agents make in support of the polarizing practice. The logic behind it is simple – according to
“Pricing a home is a little bit like a physics experiment or setting the price of a stock,” says Paul Lazarre, founder and CEO of Leap Real Estate Systems (LeapRE). “You never know what it is until you put
For Joe Zimmerman and Mary Haight of MKT Properties, having a team is the only way to go in real estate. They merged their businesses to create their team in 2009, and they now have two buyers’ specialists, two
According to Chicago Agent’s newly released Real Data numbers, in the first half of this year, 14 of the 20 top-performing agents in the Chicagoland housing market headed real estate teams, and altogether they accounted for nearly $824 million
In the 1990s, a swelling economy driven largely by the tech bubble helped push housing past its late-80s, early-90s dip, ushering in a new competitive landscape where traditional agents shared the competition with the new trend of Realtor teams.
In the digital age, almost everyone scours online reviews before they make any kind of purchase. People won’t rent a hotel room or read a book until they know its online star rating and have insight from others who
The Internet has ushered in many changes to the U.S. economy, and one of the most pronounced has been the customer review. Though Consumer Reports, Consumers Digest and other publications have offered reviews of products and services for decades,
Dympna Fay-Hart of Century 21 McMullen Real Estate was tantalizingly close to closing out a sale for her clients. Their home was an older property on Chicago’s Northwest Side. In the six years since they bought it on a