The sale of homes priced at $1 million or more increased 8 percent to 899 units in the second quarter of 2017, according to the recent RE/MAX Luxury Report on Metro Chicago Real Estate. But while the luxury market

Potential buyers often judge a home’s affordability by looking at list price or mortgage rate alone. However, it’s crucial to take additional, more overlooked costs into consideration before purchasing a property. According to a recent Zillow report, Chicago has some

A new report from WalletHub finds Illinois ranking at No. 11 in a list of the country’s best and worst public school systems. The state had an overall score of 58.32 overall and ranked Nos. 9 and 21 in

Aurora is considered the most affordable housing market with a top elementary school, according to a new ranking from Realtor.com. The website looked at elementary schools in the largest 15 metros that received at least a ranking of 8

Despite falling considerably in May, construction rates in Chicago rose last month, according to recent data from Dodge Data & Analytics. The report considered all June 2017 construction starts in the area. Much of this year-over-year rise in total

Real estate investors are always on the lookout for which neighborhoods will provide them with the highest return on their investment. HomeUnion indicated ZIP codes in 20 major metros that maximize real estate returns while minimizing risk over the

With rising home prices and high competition, many renters may think it is not worth it to switch over to homeownership. However, it is often better financially to own a home than to rent. GOBankingRates found that it is

Many of America’s largest metros have reputations for heavy competition and steep prices, and Chicago is no exception. But according to a recent report by Fitch Ratings, the Windy City actually has one of the most undervalued housing markets

Chicago has a number of expensive neighborhoods and suburbs that attract wealthy residents, but one northern suburb is home to the most expensive ZIP code in the state. GOBankingRates found the most expensive ZIP codes in every state and determined

As Chicago moves toward running completely on clean energy, the city came in on top in the 2017 National Green Building Adoption Index. The report looked at the growth of Energy Star and LEED-certified office spaces since 2005 in

Chicago was ranked by Schroders Global Cities Index for being a prime global location for real estate. Coming in at No. 4, Chicago is one of 18 American cities listed in the top 30 by Schroders. The index utilized a number of factors

Dodge Data & Analytics released new statistics on money spent on new Chicago construction Thursday. The report considered all May 2017 constructions starts in the Chicago area. There was a decrease of 14 percent for nonresidential construction starts between this year

Chicago is the second best city in the United States, according to a report released Wednesday. Resonance Consultancy’s report was announced Wednesday at New York University during an awards celebration. It named the 50 best large American cities and the 50

Home sales in metropolitan Chicago increased in May and nearly reached pre-recession highs despite a decline in home inventory, according to a RE/MAX report released last week. The data, collected by MRED, considered both attached and detached homes within Cook,

Trulia released a list of America’s best value neighborhoods Friday that detailed the 100 biggest metros’ values. Trulia’s list considered first-time buyers and where in the country they could get the best value for their money. Neighborhoods were not just

Apartment demand is already tight in many cities across the country, and without an increase of inventory, it may become more difficult to find affordable market-based housing options. A new study from the Hoyt Advisory Services and commissioned by