New Construction
Low inventory of affordable homes is a major problem for today’s local real estate industry. But it’s not the first time Chicago has been short of what it needs in terms of housing.
While many first-time buyers are looking for more affordable options, those who can afford a little more square footage are increasingly interested in getting out of the city.
Small metro suburbs did the best in terms of construction with a more than 10% increase in market share over a year ago.
New housing starts numbers suggest that if you can’t buy it, then build it, according to one economist.
The National Association of Home Builders/Wells Fargo Housing Market Index is looking good, but could lumber prices stall the growth?
Brokers who sell new residential construction have always had to stay up to date on the latest products. But experts say the pressure is only going to become more intense as efforts to combat the novel coronavirus spawn new innovations.
While prefabricated homes are six times less expensive than the average site-built home, trends in factory-built housing have always been volatile.
There are a lot of reasons to love the South Side’s real estate market, and Coldwell Banker Realty’s Don Robinson is not shy about saying so.
While solar panels may be the poster child of green homes, builders and remodelers have some interesting feedback to share about what consumers really want.
A new national consumer study reveals radical changes in how Americans want to live in their homes, post-pandemic.
New data looks at how prices in these areas have increased — or sometimes decreased — over time.
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.