Guaranteed Rate will pay the Chicago White Sox $20.4 million over the next 10 years for naming right to the team’s ballpark, according to a new report from Crain’s citing Illinois Sports Facilities Authority records. Coming out to just over $2

July marked the second highest reading in over a decade for pending home sales, with the Midwest being the only area to see a decline in contract activity during the month. The Pending home Sales Index (PHSI), which tracks the

Tribune Media, the owner of the Tribune Tower, has agreed to a $240 million deal with CIM Group, a Los Angeles-based developer, on selling the property and a parking lot space adjacent to the property. “Tribune Tower has been a unique

A month after boasting the strongest home price growth in the nation, the Chicagoland housing market continued its strong pace in the most recent Case-Shiller Home Price Indices, which covered home prices through June. Per S&P’s computations, home prices

There aren’t enough homes, and that’s a problem in multiple markets. But it might not be for too much longer. “As most real estate professionals know, housing costs are still climbing,” National Association of Realtors Chief Economist Lawrence Yun wrote

McMansions – the mass-produced, over-the-top, poorly appreciating eyesores that became the poster children of the housing bubble – seemed to be on the way out. Average and median home size had fallen considerably during the market downturn, as builders

Wintrust Financial Corporation has hired Melissa Donaldson to serve as the company’s chief diversity officer. In that role, she will work with senior leadership company-wide to drive diversity and inclusion priorities, including initiatives aimed at increasing diversity in leadership

The final full week of August brought a treasure trove of interesting real estate stories, including: •More and more homeowners are looking to clean up their embarrassingly messy garages, and are downright giddy at the possibilities. The Wall Street Journal

See our chart below for the top-selling Chicago neighborhoods in July, 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

The Community High School District 218 in Blue Island is the most improved school district in Chicagoland, according to a new analysis from Trulia. In a partnership with SchoolDigger.com, Trulia analyzed test scores from the past five years to find which

A new Baird & Warner office is coming to the South Loop in the Transportation Building. It will offer the area and surrounding neighborhoods brokerage, mortgage and title services. This office will be Baird & Warner’s 28th location in the Chicago area. “Baird

The Chicagoland new construction market continued its sterling 2016 performance in July, according to new numbers from Dodge Data & Analytics. In July, Chicagoland saw more than $897 million in total residential construction spending, a whopping 133 percent increase over

See our chart below for the top-selling suburban housing markets in Chicagoland in July, 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

After 13 years as “U.S. Cellular Field,” the White Sox will be changing the name of its home field park to “Guaranteed Rate Field.” The change, which was announced this afternoon and will go into effect on Nov. 1,

Donald Trump spoke to the National Association of Home Builders this month, and it turned out to be one of the most important speeches of his campaign: it was about housing. He reminisced about what it was like growing

Home sales in the nine-county Chicagoland area in July declined 7.3 percent year-over-year, according to new numbers out today from the Illinois Association of Realtors. Median price, meanwhile, continued to rise, closing out the month up 5.8 percent to $238,000. Geoffrey