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Of the many remodeling projects available to homeowners, which ones add the most value to homes in Chicagoland? One of the undeniable perks of homeownership is the opportunity to renovate your living space, to remodel and craft a residence that
VOA Associates Incorporated is pleased to announce that the Roosevelt University Wabash Building in Chicago has won the 2015 FIABCI-America Grand Prix of Real Estate award. The award was announced this week at the FIABCI-America Grand Prix Gala in Washington,
What’s the deal with asking prices in our metro area? Asking prices in the Chicagoland area remained positive in November, though they seem to be showing signs of slowing down, according to the newly released Price Monitor from Trulia. Per
In an effort to tackle a housing affordability crisis, Chicago has fielded some bold recommendations from a special task force. The city of Chicago is considering a recommended change to its Affordable Requirements Ordinance, one that could usher in
We ventured through the data jungle, and came upon three very good signs for our housing market. A couple weeks ago, we reported that though home sales have slumped in the Chicagoland area, there were signs that our housing
Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion
New data shows that the city of Chicago is one of the most active luxury housing markets in the entire U.S. The city of Chicago is the No. 4 luxury housing market in the U.S. in terms of sales,
Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to
At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory
Stable, moderate price appreciation may tell a much larger economic story. Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of
Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has renewed agreements with all 12 of the local Realtor associations MRED provides services. Under the new Contract for Services Association agreements (CSAs), MRED will continue to provide MLS
Coldwell Banker Real Estate released its 2014 Home Listing Report (HLR), which provides a side-by-side comparison of four-bedroom, two-bathroom homes in nearly 2,000 markets across the country, as well as rankings of the most expensive and affordable markets in all 50
After two years of renting out a failed South Loop condominium project at 1555 S. Wabash, a Los Angeles investor has decided the market is strong enough to put the condos back up for sale. Built in 2009 by
Home price growth continued to slow in September, but as we argued with home sales, that’s not necessarily a bad thing. Balance was the name of the game for home prices in the Chicagoland housing market, which in September
Amongst the midsized companies on Chicago Tribune’s Top Workplace 2014 list is @properties sitting at No. 8. For the second consecutive year, the largest independent real estate brokerage firm in Illinois, has been recognized as one of the Chicago
Are the usual suspects at the top of the heap, or did October’s market offer some surprises? All hail the Near North Side! As was the case the previous month, Near North was the top-selling neighborhood in Chicago in