News / Features

A futuristic past

This glass house, built for Chicago’s 1933 World’s Fair, currently sits abandoned in Indiana. The house was built by George Fred Keck to represent the “house of the future,” and featured cutting-edge technology for the time, such as central

Multifamily survival mode

In an undisclosed location in Kansas, a former Atlas class missile silo has been turned into an underground, 15-floor condo building. Building amenities include nuclear, biological and chemical air filtration; hydroponic food production areas; and a workout facility complete

Chicagoland real estate roundup: Calk accused of bribery, development coming to Bronzeville’s Gap and more

The Mueller probe leads to an indictment for Chicago bank CEO Stephen Calk; residential developers look to fill in a long-vacant 12-block site with townhouses, condos and houses; preservationists look to create a national park in Chicago and more in this week’s roundup of real estate news in Chicago.

Real estate in brief: Tariffs hit remodeling, explaining REOs and more

Home renovations are getting more expensive due to tariffs, the real FHA problems beyond the to-do over REOs and Oreos, and the DOJ digs into buy-side competition: All items we’re monitoring in this week’s national news roundup.

The view from D.C.

Every year at their legislative meetings, the National Association of Realtors sends members and government affairs directors to meet with their representatives on the Hill to lobby for change, usually with a list of talking points that are important on a national level. But Chicagoland real estate professionals were on hand to bring local issues to to fore as well. Find out what topped the issue lists.

April existing-home sales send mixed messages

Nationally, existing-home sales finished the month of April some 0.4 percent below last month’s rate and 4.4 percent lower than April 2018. But those same figures looked brighter when researchers zeroed in on Chicagoland.

The ‘new coast’ — Lightfoot’s transition report touches on business and real estate

Ahead of her May 20 inauguration, we examined incoming Mayor Lori Lightfoot’s transition report, released Friday, to find the items that may impact the local real estate industry in Chicago.

Chicagoland real estate roundup: Tax hikes loom, Arlington 425 project approved and more

In this week in Chicagoland real estate, industry pros address the idea of ripping off the property tax Band-Aid, a huge suburban development moves forward, 150 North Riverside gets some love and much more.

Real estate in brief: Trump at NAR, Redfin-RE/MAX split and more

NAR announces President Trump will address Midyear attendees this Friday, RE/MAX breaks their agreement with Redfin, Zillow doubles down on iBuying and more in our national news roundup.

Striking gold

This home — built with parts taken from an old gold mine — features a rock-crusher fireplace, a crankshaft gateway, a tin roof and stair handrails made out of ore cart rails.

A home afloat

At 75 feet long, this new take on the classic houseboat boasts 4,350 square feet of living space and is able to float freely, be tied to a dock or stand up in the water courtesy of hydraulic legs.

This week in Chicagoland real estate: Largest deconversion ever, boomer development and more

River City broke a record and a new medical-residential complex targeted at baby boomers is being proposed for south Wabash. Plus, are developers giving up on TIFs after the controversy stirred up by Lincoln Yards?

Redfin unveils latest move against buyer agent commissions

Redfin Direct has been in testing phases in the Boston market since March, and its next market is expected to be Virginia. The new program provides a way for unrepresented buyers to have a seat at the negotiating table without an agent occupying the one next to them.

Homeownership up as renter population skews older

As the economy has improved, more Cook County residents may be ready to make the transition from renting to owning their homes. A recent report on housing trends in Chicagoland found that after peaking in 2015, the number of renter households in the county decreased by 20,911 in 2017 while owner households increased by 14,759.

Sellers confident, but need agents’ help

While it may be natural to assume sellers are stressing about duties that tend to fall outside of the bounds of agents and brokers, such as mortgages or moving, the survey also showed that the item at the top of the list of most respondents’ lists of concerns was getting a home ready to sell.

Chicagoland roundup: City launches new site, Oak Brook development OK’d, MRED moves and more

This week in Chicagoland real estate news, the city announces a new website that may just help your business, a mega-project is approved in Oak Brook, MRED announces new services and more.

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