Building codes and permits are often cited by builders as a key driver of costs that get passed onto the consumer in the form of higher rents or purchase prices. Labor, land and materials continue to be the biggest

I feel like I’ve been blathering on about spring in this column for about three months. I just flipped my clock forward, and I managed to walk to the corner store with only 4 layers, so maybe it’s finally

As part of our spring new construction issue, we take a look at a few of the projects attracting attention in the local real estate community.

We asked some of the smart people we know in the development and new construction industries what they thought about the state of the industry, the influence of amenities and technology and what agents can do to make new-construction

Chicago Agent magazine’s Accelerate Summit, held at the Merchandise Mart March 5, offered a great deal in terms of networking, knowledge and information sharing. But some of the biggest takeaways came from the wise and witty panelists who brought

For Chicago’s business community, the first mayoral election’s results may have prompted some emergency strategy meetings the next morning. Industry estate groups including the Chicago Association of Realtors are already mapping out plans for working in a notably different political environment.

76-story River North tower gets green light One Chicago Square, a huge mixed-use tower with retail and residential components has both a new partner and funding to start construction. JDL Development had been partnering with Sterling Bay on the

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

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

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

  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

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

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

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

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

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