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Real estate news in Chicagoland

Lack of down payment savings and debt thin ranks of would-be homebuyers
Lack of down payment savings and debt thin ranks of would-be homebuyers

It’s well known that many Americans are delaying or opting out of homeownership. A new study by Country Financial points to what could be the biggest reason: Difficulty coming up with a down payment. Forty-six percent of millennials and forty...

Chase’s chief economist on why he’s bullish on Chicago real estate
Chase’s chief economist on why he’s bullish on Chicago real estate

American homeowners have a vested interest in the U.S. economy, and by association, so do real estate agents. The size and scope of the housing market, itself just one piece of the world’s largest economy, makes this a difficult subject...

High-end rental brokerage enters the condo fray with new sales division
High-end rental brokerage enters the condo fray with new sales division

Luxury Living Chicago Realty, a high-end rental brokerage, is moving into sales. The company’s book of leasing business includes the 449-unit River City complex in the South Loop, one of the largest in a flurry of buildings recently deconverted from...

This week in Chicagoland real estate: Lincoln Yards, Ford City mall and more
This week in Chicagoland real estate: Lincoln Yards, Ford City mall and more

  Lincoln Yards development gains TIF district The Community Development Commission voted 10-0 on Tues. March 19 to support the Cortland/Chicago River TIF district. This decision would provide up to $900 million in tax increment financing for infrastructure around and...

Learn from the best: Accelerate Summit brings real estate experts together Tuesday
Learn from the best: Accelerate Summit brings real estate experts together Tuesday

Next week, we’re doing something big. Chicago Agent magazine is hosting its first-ever full-day real estate event, called the Accelerate Summit, on Tuesday, March 5 at the Merchandise Mart. Why now? Well, we saw a need, as the market is...

This week in Chicagoland real estate: South Loop, Lincoln Yards & more
This week in Chicagoland real estate: South Loop, Lincoln Yards & more

Another mega-project on the South Side? Landmark Development plans to create a multibillion-dollar development straddling a set of railroad tracks near Soldier Field and McCormick Place. The initial plans are to build millions of square feet of residential, office, retail and...

Slow start to 2019 could set up busy spring market in Chicagoland
Slow start to 2019 could set up busy spring market in Chicagoland

The Chicagoland area had a slow January for home sales, but that may not be a bad thing for the market overall. Detached single-family home sales in the metro area took a 12.1 percent hit in January over a year...

Why the market shouldn’t keep you up at night
Why the market shouldn’t keep you up at night

Agents could be forgiven for feeling a little whiplash from the market predictions over the last quarter or so. First, economists warned them to brace for rocketing interest rates, but with recent remarks from the Federal Reserve, some are going...

Chicagoland experiencing decreased home sales
Chicagoland experiencing decreased home sales

The intense cold experienced this January prevented more than just a couple cars from starting. According to the RE/MAX January 2019 housing report, home sales in Chicago also experienced a decreased year-over-year change of 11.2 percent, going from 5,878 units...

Real Data 2019: the good, the better and the best in Chicagoland real estate
Real Data 2019: the good, the better and the best in Chicagoland real estate

Welcome to our annual Real Data issue, which highlights the agents and offices that dominated property sales in 2018 in Chicagoland, as well as those making waves in the smaller tracts of Cook, DuPage, Kane, Lake, McHenry and Will counties....

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