During Illinois Realtors’ public policy meetings held Jan. 23-26, Sue Miller, managing broker of Coldwell Banker Honig-Bell in McHenry, was named 2017 Illinois Realtor of the Year for outstanding industry leadership and service. The Realtor of the Year award

Chuck Goro, managing broker of Coldwell Banker’s Lincoln Park Plaza office, passed away over the weekend. He was surrounded by friends and family, including his wife Kathy, their children and grandchildren. Chuck’s career in real estate spanned more than

The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked job

Republican lawmakers and President Donald Trump delivered a one-two punch to Dodd-Frank today, signaling the beginning of a legislative brawl that could see the law entirely dismantled. It began in Congress, where Senate Republicans won an unusual 52-47 vote

Belgravia Group has revealed two new floor plans, Residence A and Residence D, for its 18-story luxury condominium development, Renelle on the River. While both floor plans offer three bedrooms, Residence D is uniquely designed as a 1,827-square-foot duplex with

Builders need to build – a ubiquitous sentiment throughout the country, and what some experts believe is the solution to widespread inventory shortages. Two new stats suggest that may be exactly what’s going to happen in 2017. The first stat

This year could be the year of the first-time homebuyer. Of course, that’s what experts said last year too. But this year it might actually happen. Of course, there remain barriers to entry – tight credit, inventory shortages, high

Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of

After years of sitting vacant, one of Chicago’s prime South Side spots has found a buyer – who could bring more than 10,000 new homes to the city. According to a new story from Crain’s Chicago, Spanish developer Barcelona

A handful of people across the nation have taken their love of architecture and pop culture to the next level, buildling replicas of famous properties. In Atlanta, there is a 8,958-square-foot replica of the White House, which includes its

If you do not mind living off the grid, you might be interested in this 12-acre property in Monticello, Utah. Built into the Montezuma Canyon in 1986, the 2,100-square-foot rock home offers three bedrooms, two bathrooms, a vegetable garden,

On Thursday, Jan. 26, the International Blockchain Real Estate Association (IBREA) hosted a meeting at the second floor of the NAR building on Michigan Avenue, all centered around a burgeoning technology called “blockchain.” The program’s host, John Mirkovic, an IBREA representative and

Homebuilders across the nation faced crippling labor shortages in 2016; in fact, it was the biggest problem they faced all year. Don’t expect anything to change in 2017. Eighty-two percent of builders say the No. 1 problem they expect

See our chart below for the top-selling neighborhood housing markets in Chicago in all of 2016, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. When possible, we have also

The Chicagoland new construction market concluded 2016 in spectacular fashion, according to research from Dodge Data & Analytics. In December, Chicagoland saw more than $452 million in total residential construction spending, which is a 34 percent increase from Nov. 2015. Moreover, year-to-date construction

See our chart below for the top-selling suburban housing markets in Chicagoland in all of 2016, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. When possible, we have also