New Construction

Builders bullish on 55+ market, but labor shortages loom
Builders bullish on 55+ market, but labor shortages loom

Industry confidence in the single-family housing market for older adults reached an all-time high last quarter. However, while employment is also surging, residential construction is one area to which workers are not flocking.

The difference new can make
The difference new can make

The core idea that there’s no better time than now and no better home than new has broad application from the city to the suburbs and from condos to single-family homes. And the ability of builders and agents to confidently demonstrate to buyers that a new home will serve their interests and help them realize their dreams can have an impact that’s greater than any one house, condo or subdivision.

How codes hold back housing
How codes hold back housing

Building codes and permits are often cited by builders as a key driver of costs that get passed onto the consumer in the form of higher rents or purchase prices. Labor, land and materials continue to be the biggest factors...

Home design trends in demand in 2019
Home design trends in demand in 2019

This year is one of continued change in home design as consumers get revved up about more livable spaces and a surge in new home-centered technology. Trends are constantly changing, and this year, homeowners want design that will create a...

10 new developments creating buzz around Chicagoland
10 new developments creating buzz around Chicagoland

Eveq West Loop A five-story condo building is in development at 14 N. Bishop St. in the West Loop. The building will feature ground-floor retail and parking alongside 32 for-sale condominiums available in three- and four-bedroom options with a starting...

What developers want agents to know about new construction
What developers want agents to know about new construction

We asked some of the smart people we know in the development and new construction industries what they thought about the state of the industry, the influence of amenities and technology and what agents can do to make new-construction deals...

Ready for spring
Ready for spring

The spring market is on its way in, and with it, new homes will be sprouting all over Chicagoland. Are you ready?

How Related Midwest will transform luxury living in downtown Chicago with One Bennett Park
How Related Midwest will transform luxury living in downtown Chicago with One Bennett Park

Now the tallest all-residential building in Chicago, Related Midwest’s One Bennett Park captured the public’s attention immediately upon its unveiling in July 2014. The new 70-story tower has instantly become a notable addition to the downtown skyline – while changing...

Tear-down starts increase to meet demand for smaller, more affordable homes
Tear-down starts increase to meet demand for smaller, more affordable homes

Tear-down starts are increasing to meet the rising demand for new single-family units, according to a new report from The National Association of Home Builders. The NAHB and Wells Fargo used their February 2017 Housing Market Index to track the progress...

Wolf Point West Opening Jan. 2016, Accepting Occupancy Applications
Wolf Point West Opening Jan. 2016, Accepting Occupancy Applications

Wolf Point owners, the AFL-CIO Building Investment Trust (BIT), Hines and Magellan Development Group announced today that the companies’ luxury apartment tower along the Chicago River in Chicago’s River North neighborhood, Wolf Point West, will open this month. Wolf Point West...

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