News / Features

Boehner Announces Departure, Housing Industry Doesn’t Notice

As the era of House Speaker John Boehner (R-Ohio, 8th) comes to a close, we’re looking back on the legacy of the chamber’s 61st speaker and the Ohio native’s history with housing policy. As minority leader in April 2008, when the

The Buckingham Home to Royalty

Many wealth public figures own property in Chicago, and Queen Elizabeth is now amongst them. The Queen recently purchased a three bedroom, three bathroom condo in The Buckingham for $1.575 million with the help of real estate agent Steve

Baby Boomers are Forming the Most Households

Despite more Millennials entering the market, baby boomers still lead Baby boomers made up the majority of new households formed in the beginning of 2015, according to a report released by the National Association of Realtors. The report, which

3 Important Facts About Eco-Conscious Homebuyers

Green construction is growing faster than conventional construction. It currently provides 2.3 million jobs and $55 million in residential construction spending, which is expected to grow by $45 million by 2018. The homebuyers driving that growth are becoming increasingly eco-conscious, and the National Association of

Chicagoland Home Prices Post Marginal Gains

Did the latest Case-Shiller present more of the same for housing? Home prices in the Chicagoland area were up 0.9 percent from June to July and 1.8 percent from July 2014, according to the latest Case-Shiller Home Price Index from Standard

After July Gain, Pending Home Sales Drop in August

July’s rebound short-lived as pending sales fall Pending home sales dipped in August again after a mild resurgence in July, but still held over last August for the twelfth consecutive month of year-over-year gains, according to a report released by the

Top-Selling Neighborhoods in Chicago, August 2015

What Chicagoland neighborhoods saw the most home sales in August? Home sales in the city of Chicago may have been up 6.3 percent in August, according to statistics from the Illinois Association of Realtors, but as with every month, those sales were spread out

4 Key Trends in New Construction Today

New home sales were up in August, but is that a sign of a strengthening market? In August, new home sales rose 5.7 percent month-to-month and 21.6 percent year-over-year to a seasonally adjusted annual rate of 552,000, according to

Chicago Proposes City-Wide Parking Pass for Real Estate Agents

Yesterday, Chicago City Clerk Susana Mendoza proposed an all-access parking pass that would give real estate agents access to restricted neighborhood parking zones during the day and early evening. According to a report in Crain’s, the pass would cost

Naperville Voted No. 1 Most Desired Place to Live in Chicagoland

According to a recent survey from Charles Schwab, native Chicagoans picked Naperville as the place they would most like to call home. Over 1,000 Chicago residents between the ages 21 to 75 years old were polled on their most

Slippin’ and Slidin’ at Home

Most people use stairs to get from one floor to the other in their home, but Scott Jones’ family depends on something else: a 28-foot mahogany slide. According to Jones, a 54-year-old entrepreneur from Carmel, Ind., he likes for

Homebuyers Worried About Affordability, Not Interest Rates

An interest rate hike is not a concern to buyers Buyers are more concerned about affordability, competition and inventory than an interest rate hike, according to a Redfin survey of 3,577 buyers done in late July. Only 5 percent of the

Top-Selling Suburbs in Chicagoland, August 2015

What Chicagoland suburbs saw the most home sales in August? Home sales in suburban Chicago rose 4.3 percent in August, according to statistics from the Mainstreet Organization of Realtors. Of Chicagoland’s many municipalities, though, which ones saw the most

Crescent Heights/Viñoly Reveal Plans for South Loop Skyscraper

Developer Crescent Heights and architect Rafael Viñoly unveiled plans Tuesday for a 76-story tower at 113 E. Roosevelt Road in the South Loop. This project would mark Crescent Heights’ first Chicago project, and would be built in phases, possibly

Americans Optimistic About Job Market, Pessimistic about Economy

Gallup polls a mixed bag of job market confidence, lack of confidence for economy Forty-five percent of Americans believe it is a “good time” to find a quality job, up six points from last month, according to a new Gallup poll.

Hispanic Women Becoming Powerful Housing Demographic

For decades, white buyers have largely dictated the direction of the housing industry. That may soon change, though, as a recent survey from Better Homes and Gardens Real Estate and the National Association of Hispanic Real Estate Professionals found

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