News / Features

Chicago’s top-selling neighborhoods, Aug. 2016

See our chart below for the top-selling Chicago neighborhoods in August, 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 Sales Neighborhood Total

4 Chicagoland housing markets among the nation’s 100 most exclusive

The Chicagoland housing market contains several of the most exclusive markets in the U.S., according to a new analysis from Coldwell Banker. Billing itself as “the most extensive home price comparison tool in the United States,” the Coldwell Banker Home Listing

Chicagoland’s Top Closings, Aug. 2016

In our new Real Data report, we’ve detailed the agents who closed August’s top home sales throughout Chicagoland. Click on the tabs below to adjust between the single-family, condo and townhome markets: Single Family Condo Townhome Single Family Sales Price Property

10 trends defining the real estate firm of the future

The “Profile of Real Estate Firms” is among the most interesting annual surveys from the National Association of Realtors. Conducted among its executive members, the profile offers an in-depth look at the higher echelons of the industry, as well

Chicagoland home sales recover strongly, end summer on high note

After a disappointing July, the Chicagoland housing market recovered strongly in August and closed out the summer on a positive note, according to new numbers from the Illinois Association of Realtors. With transactions totaling 11,906 for the month, Chicagoland home

The no. 1 reason why so few Millennials are buying homes in Chicagoland

For some time now, agents and analysts alike have wondered why so few Millennials are buying homes, but new Census data has provided a remarkably straightforward answer – they’re all living at home with their parents. Compiled by Time magazine,

How bad is Chicago’s need for new construction? Try 95,000 permits bad

Eighty percent of U.S. metro areas are lacking in single-family home construction, and few areas are in greater need than Chicagoland, according to a new analysis from the National Association of Realtors. Comparing home construction to job gains from

NAHB proposes 15 “critical” building code changes

The National Association of Home Builders wants to organize its membership to help pass 15 of what it describes as “critical” building code changes. In its release, the association wrote: “NAHB is urging its members to get involved locally

For sale: a blast from the past

You now have the opportunity to live like the Brat Pack in the brick house from “Sixteen Candles.” The 3,250-square-foot home in Evanston offers six bedrooms, four bathrooms, a renovated kitchen, media room, recreation room and a big backyard

Missing the forest for the trees

A Florida woman has been given three months to vacate and demolish the open-air treehouse she’s been living in since 1992. While the treehouse is build on property the woman owns, it failed to meet Miami-Dade County building code,

The 4 reasons that Chicago renters are not buying homes

Both economic and personal concerns are stopping renters from buying homes, according to the latest Housing Opportunities and Market Experience (HOME) survey from NAR. Conducted on a quarterly basis, the HOME survey polled Americans about their confidence in the

Are we in a bubble? Yes, no and maybe

In Jan. 2005, Alan Reynolds, a senior fellow at the Cato Institute, said that it would be “financially foolhardy” to listen to “housing bubble worrywarts.” A few months later, Jude Wanniski, a former adviser to President Ronald Reagan, authored

New rankings chart Chicago’s investment property purchase activity

About one in five homes purchased last year was bought as an investment property, according to the National Association of Realtors. The average investor had a median household income of just over $95,000 and bought a single-family home within

Apostal Group joins MKT Properties/Weinberg Choi Realty at Keller Williams

Keller Williams has announced that the Apostal Group will be joining the new partnership of MKT Properties and Weinberg Choi Realty at KW’s first market center in Lincoln Park. Nicholas Apostal, co-founder of The Apostal Group, said that the

Real estate industry undergoes dramatic change in public opinion

The American public views the real estate industry more positively than at any time in the last decade, according to new research from Gallup. Based on its annual polling of public sentiment, Gallup found that 44 percent of Americans

Chicago Agents’ Choice 2016

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