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Redfin examines where and how Millennials are living. As it turns out, young people love Chicago. Enclaves are a feature of almost every American city, and they happen for a variety of reasons. Most notably, of course, are cultural
August was a rough month for home sales in the Chicagoland area, according to new stats from IAR. Home sales in the nine-county Chicagoland area fell 13.3 percent year-over-year in August, closing out the month at 10,370 sales, according
Earlier this month, Governor Pat Quinn signed into law SB 3044, which makes a handful of amendments to the Real Estate License Law and the Appraiser’s Law. According to the Illinois Association of Realtors, who were a proud lobby
Chicago-based REVA Development Partners has announced the first move-ins at The Oaks of Vernon Hills luxury rentals located at 103 Oak Leaf Lane in the north-suburban Vernon Hills, Ill. The luxury rental community is located along Route 45, just
This year for our 2014 Agents’ Choice Awards, we asked the heads of each real estate company (who had at least 25 agents) who their nominees for each category for Agents’ Choice were. We’ve listed the nominees below. Readers
Coldwell Banker Residential Brokerage announced that realtors Matt Pappas and Danielle Doty have joined their Northwest office in Arlington Heights. Pappas joins Coldwell Banker Residential Brokerage with three years of experience in real estate. After attending College of DuPage
New Redfin report shows how it costs, and pays, to live in a neighborhood with a highly ranked school district. It’s widely known and accepted that living in a highly ranked school district means paying premium prices for properties
Chicago-based Convexity Properties will be breaking ground on Sept. 16 for the construction of the first high-rise condominium development in the Gold Coast since 2007. Sales of the 23-story condominium at the northeast corner of State St. and Elm
Coldwell Banker Residential Brokerage recently announced that realtors Siri Bhumnugkij and Dino Hasapis are now affiliated with its Naperville office. Coldwell Banker Residential Brokerage is a leading residential real estate brokerage company that is affiliated with more than 3,400 independent
Cash sales, while still a prevalent portion of total sales, continue inching closer and closer to pre-crisis levels, according to CoreLogic. Cash sales continue ebbing closer and closer to pre-crisis levels, according to CoreLogic’s recent June sales report. Nationally,
Asking prices continued their ascent in August, according to new numbers from Trulia. Asking prices in the Chicagoland area rose 12.5 percent year-over-year in August, according to the latest Price Monitor from real estate website Trulia. That gave Chicagoland
Though overall housing inventory is showing signs of recovery, it’s not progressing in a way that helps first-time homebuyers. According to the National Association of Realtors, 2014 has been a very good year for housing inventory. After falling precariously
$1 million is a hefty chunk of change, but new data shows that it goes much farther in some metro areas than in others. #150799741 / gettyimages.com How much is $1 million, in the grand scheme of things? According
Home prices continue rising, CoreLogic finds, but the geographic drivers of the increases may be shifting. #182173485 / gettyimages.com Home prices continued to show signs of improvement in July, according to the latest Home Price Index report from CoreLogic. Nationwide,
Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. #471456425 / gettyimages.com Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X
Construction spending has been up and down in Chicagoland in 2014, but it bounced back in a major way in July. #175937445 / gettyimages.com Residential construction spending in the Chicagoland region totaled $422 million in July 2014, a remarkable