New Construction

Who made up the National Association of Home Builders in 2020?
Who made up the National Association of Home Builders in 2020?

The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.

Home sizes expected to rise in post-COVID world
Home sizes expected to rise in post-COVID world

After declining for years, the size of new single-family homes has begun to level off as consumers spend more time at home, a National Association of Home Builders analysis found.

Chicago among the few cities where low-income housing hurts home prices
Chicago among the few cities where low-income housing hurts home prices

The study largely dispels a long-held belief that nearby homes lose value once low-income housing is built in an area.

NAHB: Expect more home construction in 2021
NAHB: Expect more home construction in 2021

The gap between sales and construction reached a record high in 2020, which likely means a slowing down in sales and growth in construction in 2021, according to a year-end report by the National Association of Home Builders.

Illinois hit hard with zombie foreclosures
Illinois hit hard with zombie foreclosures

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

CA6 West Loop has sold 35% pre-construction
CA6 West Loop has sold 35% pre-construction

CA6 West Loop condos from Chicago-based Belgravia group are already 35% sold.

Chicago is a top city for commercial-to-apartment conversions
Chicago is a top city for commercial-to-apartment conversions

See how Chicago tops the list when it comes to apartment conversions.

The New Starter Home
The New Starter Home

Over the decades, Chicago developers and builders have moved from the traditional two-flat and bungalow-style homes to investing in different options for affordable housing, like infill construction, modular-type homes and flexible buildings. Is it working, and what will the landscape of entry-level housing look like in the near future?

What brokers see on the horizon for entry-level housing
What brokers see on the horizon for entry-level housing

Brokers let us know what’s ahead for entry-level housing in Chicagoland.

A push for gentle density in City Council
A push for gentle density in City Council

Back when legislators were crafting language for an ordinance to make it easier for homeowners to build, rent out and remodel accessory dwelling units on their property, the hope from sponsoring Chicago City Council aldermen was that the legislation would have passed by August.

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