News / Features

Chicagoland new construction continues to soar in 2016

This year is shaping up to be a very positive one for residential construction in Chicagoland, according to the latest numbers from Dodge Data & Analytics. In March, residential construction spending in Chicagoland totaled $548 million, a modest 4 percent increase

3 reasons Oak Park is one of America’s best places for families

Oak Park is the sixth-best place in the country to raise a family, according to a new ranking from Livability. In its report, Livability emphasized many of Oak Park’s notable qualities. Here are the three you (and your clients)

Chicago’s top-selling neighborhoods, March 2016

See our chart below for the top-selling neighborhood housing markets in Chicago in March, 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

Chicago improves walkability: How it ranked No. 6 nationwide

Walkability has become one of the chief concerns among U.S. homebuyers, especially Millennials. And as Redfin’s new “Most Walkable U.S. Cities of 2016” report confirms, some cities are responding to the demand better than others. “Improving a city’s Walk

CONLON/Christie’s names new COO

CONLON/Christie’s International Real Estate has promoted Melissa Archer-Wirtz to chief operating officer of the boutique residential brokerage. Prior, Archer-Wirtz had been the firm’s chief marketing officer, overseeing marketing and public relations, as well as the recruitment, retention and engagement

Living like the X-Men

As the release of “X-Men: Apocalypse” approaches, 20th Century Fox and Coldwell Banker partnered to created a faux listing for the X-Men’s X-Mansion. Listed at $75,850,000, the 76,654 sq. ft. home features 24 bedrooms, a private lake, a basketball

Going 500 feet above client expectations

Selling a luxury listing requires more than an open house and magazine ads. Real estate agents in cities like Chicago, Los Angeles and Miami have turned to aerial house tours as a way to showcase luxury properties to high-value

Luxury lockdown in Chicago’s suburbs

Luxury sales have stalled in Lake Forest. As of April, the relatively small city has a $1 million-plus inventory of 211 homes. Considering only 106 such homes have been sold over the past 12 months, that is a significant

Chicagoland new construction: 4 springtime trends you should know

The “Regional Executive Summary” report from Tracy Cross & Associates, Inc. is among the most detailed analyses of Chicagoland’s new construction market. Below, we have collected the four more important findings from the report: 1. New Home Sales are Down

Chicago among top 5 housing markets for international buyers

Chicago will be one of the top five housing markets in the U.S. for international homebuyers, according to a new analysis from Colliers International. The Global Investment Outlook (GIO) report, which Colliers produces each year, surveyed more than 600

Could TRID be in for a rewrite?

In an April 28 letter to mortgage associations and professionals across the U.S., Consumer Financial Protection Bureau Director Richard Cordray acknowledged their concerns, and hinted at what could be a rewriting of the rule. In November of last year,

Baird & Warner Acquires Brush Hill Realtors

Baird & Warner announced today that it acquired Brush Hill Realtors in Hinsdale. “I am delighted to welcome Brush Hill to the Baird & Warner family,” said Steve Baird, president and CEO of Baird & Warner. “Their professionalism and

Chicagoland’s top-selling suburbs, March 2016

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

Why Chicagoland is a top 5 market for first-time homebuyers

The Chicagoland area is one of the top first-time homebuyer markets in the country, according to a new study from Zillow. The analysis, which looked for housing markets where mortgage payments were more affordable than rental payments (along with the relative

5 unique things Chicagoland agents play up in their listings

Chicagoans love low assessment fees – just ask their real estate agents. According to a new analysis of 2015 listings on Zillow, the term “low assess” was 518 times more likely to appear in the listing descriptions of Illinois properties

It’s official – Millennials overtake Baby Boomers as largest generation

It’s now official – according to population estimates from the Census Bureau that Pew Research has compiled, Millennials are now the largest generation in the U.S. Millennials now number 75.4 million, overtaking the Baby Boomer generation’s 74.9 million; Millennials

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