News / Features
From plummeting sales to skyrocketing levels of negative equity, the housing crisis affected Chicagoland’s market in a number of ways, but how did the metro area’s homeownership rate fair amidst all that upheaval? To find out, we consulted new research
For the second consecutive year, Chicago brokerage Fulton Grace Realty has been recognized in Inc. Magazine’s ranking of America’s fastest-growing private companies. As with 2015, Inc. ranked Fulton Grace in the top half of its 5,000-company rankings, with the
Everyone knows the construction industry is facing a labor shortage. Some speculate a worsening of that shortage is imminent. But at least one person – Betsy Scott, director of the think tank Housing Innovation Alliance – believes there is a solution
The presidential election is mere months away, and so far the conversation on the campaign trail seems to be limited to wages, terrorism, crime and bickering. But what about housing? Hillary Clinton’s vice presidential pick, Virginia Senator Tim Kaine, has
In a recent filing with the FCC, Google stated it was interested in testing a new high-speed wifi product – a spin-off of its much-ballyhooed Internet service “Fiber” – here in Chicago. And that could be a boon for Chicago real estate.
Average closing costs in Illinois are among the lowest in the nation, a new report from Bankrate confirmed. The implementation of TRID, and its new closing disclosure form, has helped reduce confusion around what closing costs actually entail. But
The statistics are hardly encouraging: student debt has more than tripled in the last 10 years; its serious delinquency rate is higher than any other form of debt, including mortgages and credit cards; it now totals $1.37 trillion, and
Chicago is already among the six most walkable cities in the U.S., and new research finds that the Windy City’s current construction boom will only boost the city’s walkability further. According to a report from Redfin, a whopping 89 percent of
New home construction in the Chicagoland area is now at its highest level in seven years, according to a new report from Metrostudy. The firm’s analysis, though, extended far beyond that headline-grabbing statistic, and below, we’ve spotlighted the report’s
In our new Real Data report, we’ve detailed the agents who closed July’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
Highland Park was Chicagoland’s top luxury housing market in the second quarter, according to new research from Redfin. Within Highland Park’s luxury market, the average sales price was $2.16 million in Q2, a 41.2 percent increase over Q2 2015;
There are four major fears keeping Millennials from buying a home, according to a recent survey from NerdWallet: the fear of committing to a partner; the fear of inevitable home repairs; the fear of not having money for other expenses; and the fear of the
Last week, we reported on 2016’s top agents by year-to-date growth – agents whose 2016 business has grown the most over 2015. Now, we’re taking a similarly deep look at Chicagoland’s real estate offices, and which ones have grown their
Realtor.com and Yelp have partnered to give consumers easier access to neighborhood trend data – and agents could benefit. “Deciding on a potential neighborhood is often the first step in the home buying process,” says Ryan O’Hara, chief executive officer
JD Power today named its annual home buyer/seller satisfaction award recipients, and in all four real estate consumer categories – first-time buyers, first-time sellers, repeat buyers, repeat sellers – Century 21 was the top pick; though, the brokerage tied once with
How do the housing markets compare among Chicagoland’s top-performing schools? And how do those scores look when the schools are separated by the home prices of their respective markets? Courtesy of a detailed analysis from RealtyTrac, we have charted