This year is shaping up to be a positive one for new construction in Chicagoland. Residential construction spending in the Chicagoland area was down 11 percent year-over-year in July, but so far in 2015 is 28 percent ahead of where it

The city of Chicago’s controversial affordable housing ordinance is heading for the courts The Homebuilders Association of Greater Chicago has filed a lawsuit against the city, hoping to stop a controversial affordable housing ordinance. The ordinance, which the city first proposed

As 2015’s second half began, what Chicagoland suburbs saw the most home sales? Home sales in the suburban Chicago housing market rose 9.2 percent year-over-year in July, and pending sales were up 19.2 percent, according to the Mainstreet Organization

New research reveals 2015 has been a banner year for Chicagoland real estate Home sales in the Chicagoland housing market hit an eight-year high in the first half of 2015, according to the July 2015 U.S. Home Sales Report from

Daniel L. Goodwin, the chairman and CEO of The Inland Real Estate Group Inc. in Oak Brook, is among 10 finalists for Realtor Magazine’s 2015 Good Neighbor Awards. The Good Neighbor Awards honors Realtors who make a difference in their communities, enhance the

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Chicagoland metro area rose 0.7 percent from May to June and 1.4 percent from June 2014, according to the new Case-Shiller Home Price

Amidst Chicago’s competitive housing market, these 10 neighborhoods stand out In the city of Chicago’s housing market, the median days on market in July was just 19 days, and the average sale-to-list price was 96.8 percent. As competitive as

July was a very positive month for the Chicagoland housing market Home sales in the nine-county Chicago Primary Metropolitan Statistical Area totaled 12,834 in July, a 9.6 percent year-over-year increase, according to new numbers from the Illinois Association of

National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales

Pangea Properties, a Chicago-based private REIT involved in the acquisition, rehabilitation and improvement of multifamily residential properties in several cities across the U.S., ranked at No. 1328 on the Inc. 5000 list for America’s Fastest Growing Private Companies. This

Realtor Alex Derderian is now affiliated with the Coldwell Banker Residential Brokerage St. Charles office. An experienced real estate veteran with 32 years in the business, Derderian will serve Bartlett, St. Charles, Carol Stream, Wayne and Geneva. St. Charles

David Weekley Homes has announced a new development of 15 townhomes in the Buffalo Grove community of Easton Station. Weekley, which is the nation’s largest privately-held homebuilder, expects to close on the property in late September, with sales to begin Jan. 2016.

Yesterday, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

Click on the tabs below to see the top single-family, condo and townhome closings in Chicagoland’s housing market in July Single Family Condo Townhome Single Family Sales Price Property Agent Office $4,880,000 19802 Dunham Road, Woodstock Kim Alden Baird

It is not unique that Chicago’s housing market has and is struggling in the wake of the recession. It is much the same story in many metros across the country – low wages that cannot match home prices, shallow

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short