News / Features

“Transit Future” Suggests Plans to Extend Brown, Blue Line

Transit Future recently unveiled a plan to extend the Brown line to connect with the Blue line as part of a campaign to renovate and update Chicago’s transit system. The plan would extend the Brown line at Kimball through Elston to

Chef Wolfgang Puck’s Estate Hits the Market

Looking for a kitchen fit for a culinary mastermind? Chef Wolfgang Puck‘s private Mediterranean-style villa in Beverly Hills Flats could be the house for you. The 6,025-square-foot homes offers five bedrooms, seven baths, a courtyard, a pool, outdoor entertainment areas and

CoreLogic: Chicago Home Price Growth Steady but Stunted

Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of

Chicago has Nation’s Eighth-Worst Traffic Congestion

Commuters waste dozens of hours and thousands of dollars due to Chicago’s traffic problems Chicago is home to many things: beautiful architecture; a glorious lakefront; and, according to new research, some of the worst traffic in the U.S. The latest study

BairdWarner.com Ranks Among Top Real Estate Sites

Real Trends has named BairdWarner.com one of the top real estate websites in the country out of 750 companies. Baird and Warner was ranked out of eight categories, and the site came in at No. 2 in the “Best Property

U.S. Housing Market Ready for Interest Hike, Economists Say

Housing is well prepared for higher interest rates, according to a new survey The U.S. housing market is strong enough to stand up to an interest rate hike this year, according to a new Reuters report. The report, which surveyed 22

Tommy Hilfiger’s New York Condo Listed for $75 Million

The Dome Penthouse, Tommy Hilfiger’s New York condo, is currently on the market for $75 million. The Manhattan residence offers 5,655-square-feet of living space, with four bedrooms and four-and-a-half bathrooms on the 18th and 19th floors of the 5-star Plaza

Chicagoland New Construction Posting Big Gains in 2015

This year is shaping up to be a positive one for new construction in Chicagoland. Residential construction spending in the Chicagoland area was down 11 percent year-over-year in July, but so far in 2015 is 28 percent ahead of where it

Is Urban Growth Outpacing Suburban Growth?

The 2010s may be on track to change tradition, with cities expanding faster their suburbs for the first time in 40 years, according to the Harvard Joint Center for Housing Studies. According to new research by the Census Bureau,

Pending Home Sales See Small Increase in July

Signings rebound slightly after June’s decline After a negative June, pending home sales saw a small increase in July, according to a report released by the National Association of Realtors. The Pending Home Sales Index (PHSI), a forward-looking indicator

Homebuilders Association Sues Chicago to Thwart Affordable Housing Ordinance

The city of Chicago’s controversial affordable housing ordinance is heading for the courts The Homebuilders Association of Greater Chicago has filed a lawsuit against the city, hoping to stop a controversial affordable housing ordinance. The ordinance, which the city first proposed

The Silence of the Lambs House Hits the Market

Are you a fan of The Silence of the Lambs? If yes, the house where serial killer James “Buffalo Bill” Gumb starves and skins his victims can be yours for the very low price of $300,000. The three-story Victorian home

Top-Selling Suburbs in Chicagoland, July 2015

As 2015’s second half began, what Chicagoland suburbs saw the most home sales? Home sales in the suburban Chicago housing market rose 9.2 percent year-over-year in July, and pending sales were up 19.2 percent, according to the Mainstreet Organization

Fall of Chinese Stock Market Leads to Lower Mortgage Rates

Average fixed mortgage rates in the U.S. have fallen to their lowest levels since May of this year amid substantial and ongoing global volatility out of China, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage dropped

Chicagoland Home Sales at 8-Year High

New research reveals 2015 has been a banner year for Chicagoland real estate Home sales in the Chicagoland housing market hit an eight-year high in the first half of 2015, according to the July 2015 U.S. Home Sales Report from

Vacation with Bigfoot in North Carolina

One man’s Bigfoot video has sparked interest in a rental cabin in Henderson County, North Carolina. Whether the video truly captures Bigfoot fleeing from a small barking dog or not, the video certainly provided free advertising for Carolina Mornings,

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