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Despite a relatively good year for the Chicago-area luxury home market, a decline in the fourth quarter might portend a slowdown in the market in the upcoming months. There was a 1.4 percent increase over the 2017 total
For years, cities all over the U.S. have sought to promote development as a means to keep housing affordable. In an attempt to do this, cities often engage in “up-zoning”—reducing some zoning restrictions, often around popular transit stops in
Last week, as Chicago experienced its coldest temperatures in decades, Candice Payne, a managing broker at 5th Group Realty & Management in Beverly, may have saved lives. More than 100 of Chicago’s homeless were directly exposed to temperatures as
At the stroke of midnight on New Year’s Day, a new standard contract for real estate agents in most of Northeast Illinois took effect. You may have heard about it, but have you explored it? The two sections of
Have any clients who are tired of renting? Some Chicago renters found themselves frustrated during this week’s extreme cold front. Mayor Rahm Emmanuel cracked down on landlords who violated the city’s heat ordinance to maintain at least 68 degrees
There are two types of people: Those who watch the Super Bowl for the commercials, and those who know the difference between a 4-3 defense and a nickel formation. If you’re in the former category, you might be interested
It can be difficult to get the attention of local media and business journalists, but this type of “earned media” can be more helpful to your business than traditional advertising and marketing techniques. That’s why organizers of Chicago
A candidates’ forum Monday at a South Loop diner gave eight mayoral hopefuls a chance to sound off on all things real estate. The event, hosted by the Chicago Association of Realtors, drew about 100 real estate industry attendees
Tourists and locals alike flock to Michigan Avenue daily to see the glassy Apple Store located by the Chicago river. The 20,048- square-foot store, shaped deliberately like a Macbook, has just been sold to Invesco for roughly $79 million.
Sterling Bay’s Lincoln Yards project just got one big step closer to becoming real. The Chicago Plan Commission unanimously approved the developer’s proposal for the sprawling riverfront development between Bucktown and Lincoln Park. The approval leaves few remaining hurdles in
Statewide home sales in December were down dramatically. Home sales statewide are down 14.7 percent since last December, according to a new report from Illinois Realtors. That’s the largest percentage decrease from one December to the next since the
A 29-story apartment tower is planned for Printer’s Row. Chicago-based developer CMK will develop the new building at 739 South Clark Street, on the site of what’s been reported as the last printing plant in a neighborhood that once teemed with
The Chicago Association of Realtors held their 2019 market outlook event this Tuesday, examining a variety of issues that will impact the lives of members in the coming years. The sold-out event examined both economic predictions and how real
Guaranteed Rate announced today that Joe Phalen has joined its subsidiary, Guaranteed Rate Affinity, to serve as senior vice president of strategic growth. Phalen, whose career in mortgage lending spans almost three decades, previously worked at Guaranteed Rate as
Sterling Bay’s Lincoln Yards development is losing one of its flashiest elements. Alderman Brian Hopkins of the 2nd Ward notified constituents that he would not approve plans for the 54-acre mixed-use development unless plans for a soccer stadium and
Registration is open now for the new real estate summit in March. As the market ramps up this spring, so too will the competition for leads, listings and the attention of buyers and sellers in Chicagoland. That situation was