News / Features
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
On Tuesday, Feb. 26, the Senate Banking Committee voted to confirm Mark Calabria as the new head of the Federal Housing Finance Agency. Assuming he makes it through the full Senate vote, which has yet to be scheduled, Calabria
The first evidence that homebuyers are reacting to favorable market conditions came in the National Association of Realtors’ latest Pending Home Sales report. According to NAR’s index of pending home sales activity, contract signings grew 4.6 percent in January
Homeownership rate posts eighth-consecutive quarterly gain The newest estimate of U.S. homeownership rates, released Feb. 28 by the Census Bureau, showed that more Americans have become homeowners in the last two years. As of the fourth quarter of 2018,
Next week, we’re doing something big. Chicago Agent magazine is hosting its first-ever full-day real estate event, called the Accelerate Summit, on Tuesday, March 5 at the Merchandise Mart. Why now? Well, we saw a need, as the market
One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered
One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered
Another mega-project on the South Side? Landmark Development plans to create a multibillion-dollar development straddling a set of railroad tracks near Soldier Field and McCormick Place. The initial plans are to build millions of square feet of residential, office, retail
Early May named the best time to list a home Plenty of Americans are getting anxious about the arrival of spring, particularly those who are homeowners looking to sell in the near future. As it turns out, spring may
The Chicagoland area had a slow January for home sales, but that may not be a bad thing for the market overall. Detached single-family home sales in the metro area took a 12.1 percent hit in January over a
Agents could be forgiven for feeling a little whiplash from the market predictions over the last quarter or so. First, economists warned them to brace for rocketing interest rates, but with recent remarks from the Federal Reserve, some are
Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economists’ expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes
U.S. homebuilders haven’t seen quite the same gains as the broader real estate market in recent years, but signs are beginning to point in the industry’s favor this year. A new report from LEK Consulting and Wells Fargo’s U.S.
Changing tides in the national real estate market are leading to the most widespread inventory increases seen in at least five years. According to data collected by Zillow, for the first time since 2014, the U.S. housing market posted