Real estate news in Chicagoland
Ahead of her May 20 inauguration, we examined incoming Mayor Lori Lightfoot's transition report, released Friday, to find the items that may impact the local real estate industry in Chicago.
In this week in Chicagoland real estate, industry pros address the idea of ripping off the property tax Band-Aid, a huge suburban development moves forward, 150 North Riverside gets some love and much more.
River City broke a record and a new medical-residential complex targeted at baby boomers is being proposed for south Wabash. Plus, are developers giving up on TIFs after the controversy stirred up by Lincoln Yards?
As the economy has improved, more Cook County residents may be ready to make the transition from renting to owning their homes. A recent report on housing trends in Chicagoland found that after peaking in 2015, the number of renter households in the county decreased by 20,911 in 2017 while owner households increased by 14,759.
This week in Chicagoland real estate news, the city announces a new website that may just help your business, a mega-project is approved in Oak Brook, MRED announces new services and more.
One brokerage unveils a mural dedicated to immigrant homeownership, Chicago ranks high on sustainability and more in this week’s local real estate roundup.
Although disappointing on its face, the news that sales activity declined in March compared to an unusually strong February wasn’t a shock to housing market experts.
Real estate is making news in Pilsen, Lakeshore East, on the former site of the Harold L. Ickes Homes public housing development, in Oak Park and more this week. Also, the Census Bureau reported a mixed bag of population data for Chicagoland Thursday.
See how 2019 started out with our first quarterly release of Real Data.
Housing inventory rose to a 4.4-month supply, an increase from both last month’s 3.4 months and last year’s 3.2 months. Chicagoland inventory is also higher than the national supply of 2.7 months.