News / Features
Chicago Agent magazine’s Accelerate Summit, held at the Merchandise Mart March 5, offered a great deal in terms of networking, knowledge and information sharing. But some of the biggest takeaways came from the wise and witty panelists who brought
Not only are the rich getting richer around the world, more people are joining the illustrious ranks of high- and ultra-high net worth individuals. That’s according to the 2019 Wealth Report from Knight Frank, a real estate and financial
Lender optimism jumps as rates drift lower The latest survey of mortgage industry sentiment from Fannie Mae found lenders markedly more optimistic about their business prospects at the start of 2019. While still negative overall, the results of Fannie
For Chicago’s business community, the first mayoral election’s results may have prompted some emergency strategy meetings the next morning. Industry estate groups including the Chicago Association of Realtors are already mapping out plans for working in a notably different political environment.
76-story River North tower gets green light One Chicago Square, a huge mixed-use tower with retail and residential components has both a new partner and funding to start construction. JDL Development had been partnering with Sterling Bay on the
It’s well known that many Americans are delaying or opting out of homeownership. A new study by Country Financial points to what could be the biggest reason: Difficulty coming up with a down payment. Forty-six percent of millennials and
Agents warn of misleading listing photos Has photo retouching gone too far? Some brokers and buyers think so, according to a feature in The Wall Street Journal this week discussing the growing popularity of simple photo editing tools used
Will technology one day replace the role of the real estate agent? In an era of rapidly evolving customer relationship management software, iBuyers and the constant specter of brokerage mergers and acquisitions—always, it seems, with tech bandied about as
Although most Americans alive today have never known a world where women are absent from the workforce, most are still well aware of the discrimination and injustice that continues to plague working women. Though gender norms continue to be
American homeowners have a vested interest in the U.S. economy, and by association, so do real estate agents. The size and scope of the housing market, itself just one piece of the world’s largest economy, makes this a difficult
Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the
The U.S. Census Bureau is renewing its push to stimulate innovative technological developments through the use of its own data. The Opportunity Project (TOP), a collaborative effort between government agencies and private tech firms, continues to build upon initiatives
Real estate is a field that traditionally counts more women among its ranks than men; the 2018 National Association of Realtors Member Profile found that 63 percent of all NAR members were female last year. Yet when it comes
Luxury Living Chicago Realty, a high-end rental brokerage, is moving into sales. The company’s book of leasing business includes the 449-unit River City complex in the South Loop, one of the largest in a flurry of buildings recently deconverted
Prepared for anything Those who fear the end is near might be interested in this apocalypse prepper’s paradise, on the market for $18 million. Just outside Death Valley National Park in Goldfield, Nevada, this circular home has 22 rooms
Lincoln Yards development gains TIF district The Community Development Commission voted 10-0 on Tues. March 19 to support the Cortland/Chicago River TIF district. This decision would provide up to $900 million in tax increment financing for infrastructure around