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Asian and Millennial consumers are the most eager to buy homes in the Chicagoland area, according to a new survey from Zillow. The survey, which polled more than 10,000 renters and homeowners, asked consumers whether or not they associated
The residential construction community in Chicagoland kicked off 2016 in a strong fashion, with overall spending rising considerably from a year ago, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s analysis, residential construction spending
Baird & Warner’s Luxury Living program, a collection of marketing tools and services geared toward high-end listings, won the first place Luxury Portfolio International Marketing Award, presented by Leading Real Estate Companies of the World (LeadingRE). Baird & Warner’s
The Illinois Department of Financial and Professional Regulation (IDFPR) hosted its first “Turnaround Town Hall” on Feb. 24 at the James R. Thompson Center in order to discuss real estate related professions regulated by the IDFPR’s Division of Real
Millennials looking for more in their surroundings Much has been written about the newfound demand for urban, walkable environments, and a new study from CityLab has zeroed in on the causes behind that demand. According to CityLab’s research, the
@properties co-founders Michael Golden and Thaddeus Wong announced the opening of a new office located in Northbrook. Currently located at a temporary location at 1330 Shermer Rd, the office will occupy the ground floor of a new three-story development
It might seem like an exaggeration to say that quality of life in the city is better than most other places in the U.S., but according to Mercer (the world’s largest human resources consulting firm) it’s the truth. In
When is the best time to list your client’s home? The answer may surprise you The best time to list a home in Chicagoland’s housing market is between May 1 and May 15, according to a new analysis from
Predictions presented at the Chicago Association of Realtors’ (CAR) annual market outlook event suggest that Millennials and Baby Boomers will play a large role in the housing market this year, impacting different neighborhoods throughout the city. The Chicago real estate
Note: MRED has informed us that the Private Listing Network will not go live until April, and as a result, some of the characteristics we report below are subject to change; however, come April, we will report on the official
As part of a cost-saving measure, the Illinois Department of Financial and Professional Regulation (IDFPR) has implemented a paperless licensing and renewal system. The new system, which will save the state nearly $3 million in postage, paper and printing costs
While many tend to focus on “trendy” neighborhoods like Wicker Park and Lakeview, Chicago has many other neighborhoods that are just as noteworthy. Thrillist recently ranked eight “underrated” Chicago neighborhoods based upon their lesser-known, underappreciated qualities. Based upon Thrillist’s list,
From Jan. 2013 to Oct. 2015, year-over-year decreases in the share of total home sales occurring in all cash have averaged 2.7 percentage points. However, in Nov. 2015 (the latest available data) the pace of decline slowed to 0.7
See our chart below for the top-selling neighborhood housing markets in Chicago in January, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Total Home Sales Single-Family Home Sales Condo/Townhome
Chicagoland’s mortgage markets are in their best shape in nearly a decade. Foreclosure activity in the Chicagoland housing market has fallen to its lowest level since 2007, according to the latest numbers from RealtyTrac. Per RealtyTrac’s analysis, there were
See our chart below for the top-selling suburban housing markets in Chicagoland in January, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Total Home Sales Single-Family Home Sales