New Construction
Some transactions are having to start over from scratch because of a paperwork problem. But Cook County’s chief deputy recorder tells Chicago Agent magazine he’s working on a solution.
Economists believe home sales can help drive the nation’s economic recovery from COVID-19.
Real estate brokers, developers and builders are seeing rapid change in the new-home market in response to the coronavirus pandemic. Find out what the industry is doing now to get ready for the new normal.
While our state underperformed when it comes to new residential units per capita, there is one building metric where we outpaced the national numbers.
The NAHB/Wells Fargo Housing Market Index shows a dip in builder confidence in the Midwest resulting from novel coronavirus outbreak.
Shifts in the public perception of the planet are impacting the new-construction world in Chicagoland. For some, the solution involves green homes that utilize sustainable materials. But also, the concept of resilience has also become part of the conversation as homebuyers seek out buildings designed to withstand the stresses of environmental change.
Residential developers and builders often take cues from the commercial construction industry when it comes to incorporating new environmental standards. Chicago architects share ideas on how developers, designers and builders can incorporate eco-friendliness in a more holistic way.
Find out how knowledgeable real estate pros are about new construction in Chicagoland and how their clients feel about sustainable building practices.
An additional 35,000 temporary work visas approved by the Department of Homeland Security could help ease chronic shortage of construction workers.
Despite a month-over-month dip of 5.9 percent nationwide, residential construction had a strong showing in the Midwest.
While both international and local headwinds are making some nervous, Marcus & Millichap’s 2020 outlook touts strengths in Chicagoland and in the sector overall.
Coming off of the government’s numbers for December, economists predict the home building industry is on track for recovery in 2020.
Chicago City Council approved a six month ban on building demolitions along the popular biking and running path.
Looking back at the last ten years in homebuilding, the National Association of Home Builders’ chief economist demonstrated how bad the 2010s were for the industry but projected a positive outlook for the 2020s.
As contractors face tighter schedules and a shrinking pool of qualified people, they are turning to autonomous workers to solve their problems.
Lincoln Yards and The 78 will both get separate community advisory councils to make recommendations on the development process, an approach that could become commonplace for all major projects in the city.