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

For families hoping to relocate, Chicagoland’s Aurora suburb is a strong choice. In fact, a recent HomeUnion report listed Aurora as one of the country’s best places for families to live. The study analyzed markets across the country based

The largest independent residential brokerage firm in Illinois is setting its sights on Chicago’s luxury apartment market. @properties recently acquired two apartment brokerage firms, StudentSpace and MedResidences, and created a full-service luxury apartment rental division, according to an announcement made

Coldwell Banker Residential Brokerage has announced that real estate veteran Bob Kohler will lead the company’s leasing division. Kohler, a 15-year veteran of the industry, will oversee the day-to-day operations and will drive the division’s overall business strategy, Coldwell

The Zestimate, Zillow’s algorithm-based property estimate tool, has long been a source of frustration for agents and those listing their homes. Now, the feature on Zillow’s popular website has officially come under fire, as two lawsuits against the online

A new tax being considered by Illinois legislators would hit homeowners in a new and likely unwelcomed way. The state is considering a 6.25 percent tax on home repair and maintenance services, specifically including “repairing, cleaning, painting” in the

From 2011 to 2015, Chicago suburban area renters strongly outpaced urban area renters, according to a report from Rent Café. The suburban net gain over those five years was 57,600, a 12 percent increase, while the urban net gain was

Much of the Chicago area is still recovering from the housing market collapse, but a number of suburban markets are seeing significant gains in their property values. Eight suburbs have seen their values rise by at least 50 percent

  As home shopping season goes into full swing, buyers may find that patiently waiting for late summer listings will lead to the best selection and prices. A new report from Zillow looked at the listings and price data

On Tuesday, April 25, 2017, Mainstreet Organization of REALTORS® CEO Margery Shinners passed away unexpectedly, according to MORe. Prior to working at MORe, Shinners worked at Moore Data Management Services and CONDEX Multiple Listing Service. Shinners joined the REALTOR®

  Chicago rents decreased 1.9 percent in the past year to an average of $1,618, according to the March Zillow Real Estate Market Report. From 2015 to 2016, rent in Chicago increased 1.6 percent. Rents rose only 0.7 percent nationwide

  Anyone interested in buying investment property in Chicago, take note: Redfin recently ranked Chicago No. 20 for best college town locations to buy an investment home. Redfin analyzed the latest U.S. New and World Report ranking and looked for