Famous architect, Frank Lloyd Wright, designed over 100 homes located in the Chicagoland area, and they’re well-known for their historical significance and character. However, even though the homes are admired throughout the area, sellers who have rehabbed those homes

Residential construction put up some great numbers in July, but are those gains consistent with our local real estate market? July was a very strong month for residential new construction. Not only were building permits up 2.7 percent from

After considerable anticipation, the Office of the Illinois State Fire Marshal has announced that it is withdrawing its proposal that all existing and new single-family and multifamily residences built in the Land of Lincoln be required to include fire

Chicagoland’s housing market had a wonderful July, but what specific markets shined the brightest? July was a great month for the greater Chicagoland housing market, but more specifically, what were the busiest housing markets in the city and suburban

Not only were existing-home sales up by monthly and yearly measures in July, but housing inventory continued to stabilize as well. July was a rock solid month for existing-home sales, according to the latest data from the National Association

Nearly two years removed from spending $14 million on a pair of failing residential high-rise buildings in Lakeview, Contrarian Capital Management LLC, a firm located in Greenwich, Conn., and Chicago-based Conlon & Co. are starting to reap some benefits

All across Chicagoland, the news was good for home sales, with both the city and suburban markets putting up smashing numbers. Home sales in the nine-county Chicago Primary Metropolitan Statistical Area (PMSA) rose 36.1 percent year-over-year in July, according to

Housing affordability has slipped a bit so far in 2013, but does Chicagoland’s housing stock remain affordable relative to other major cities? Housing affordability slipped a bit from the first quarter to the second quarter in 2013, according to

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced today that, as in the past few months, the number of sold units remains high (11,970) and the inventory (56,083) and Months’ Supply of Inventory (3.1) numbers are

Gerald McQuirter is the second vice president of the National Association of Real Estate Brokers (NAREB), local chapter, Dearborn Realtist in Chicago. He is making innovative changes to what a real estate board does for its members. He has

2013 has been a very good year for Chicagoland homebuilders, but so far this year, what builders have stood ahead of the pack? As we reported a couple of weeks ago, 2013 has, thus far, been a very encouraging

Weichert Realtors has moved its office from 905 N. Main, Naperville to the Dynacom Center I, located at 1952 McDowell Rd in Naperville, owned and operated by DynaCom Management, Inc., according to a recent Chicago Tribune Article. Weichert Realtors, Kingsland

Builder confidence continued its upward trend in August, rising to its highest mark since 2005. August has proven another sterling month for homebuilders, with the National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder

Possibly symbolizing an increase in the sale of downtown high-rise condos, Chicago-based CMK Cos. is considering the development of a 16-story, 150-unit condo building in the South Loop, according to a Crain’s Business Chicago article published online Aug. 12.

All of Chicagoland saw foreclosure filings plummet in 2013’s first half, though some areas improved more than others. Chicagoland’s mortgage markets put up some encouraging numbers in 2013’s first half, with foreclosure filings for the six-county region falling more

Housing inventory in Chicago was down by double-digit amounts in July; how do those declines compare with the rest of the nation? Housing inventory in July may have been down 26.2 percent year-over-year in Chicago and 16.2 percent nationally,