News / Features

Tyler Perry Lists Atlanta’s Second Most Expensive Home

Tyler Perry purchased his 34,688 square foot home in 2005 for $9 million. Now, Perry is ready to sell his estate, listing the property for $25 million, making it Atlanta’s second most expensive home. The house offers a number

Johnny Depp’s “Private Village” Hits the Market

“Pirates of the Caribbean” actor Johnny Depp recently listed his “private village” in Plan de la Tour, France for $25.76 million. Depp’s 37-acre estate offers 10,000 square feet of living space between the main house and guest cottages, a chapel,

Ryland Homes Introduces Two New Home Communities in Crown Point

Ryland Homes, the United States’ fifth-largest homebuilder, had entered the Northwest Indiana housing market with two new Crown Point home communities: Edgewater and SummerTree. Surrounded by acres of open farmland, Edgewater offers nine single-family homes with both three- and

Chicago Takes Huge Jump in Labor Rankings

CareerBuilder releases new labor market rankings In late May, CareerBuilder released its second quarter Labor Market 150 Index, which attempts to evaluate and rank the country’s largest metros. Using data from the employment website’s data arm, EMSI, or Economic

Elvis Presley’s Palm Springs Mansion Hits the Market

The king of rock n roll’s Palm Springs mansion is on the market and filled with little reminders of Elvis Presley’s successful music history. The five-bedroom, four-bathroom mansion was named “The Home of Tomorrow” by LOOK Magazine in 1962.

Chicagoland Residential Construction Exploding in 2015

2015 shaping up to be a big year for new construction in Chicagoland Residential construction spending in the Chicagoland area was up 74 percent year-over-year in May, and so far in 2015 is 38 percent ahead of where it was

Chicagoland Rents Moderate Further in Second Quarter

How has Chicagoland’s rental market developed in 2015’s second quarter? New data from Reis provides some perspective. In April, Chicago Agent noted that according to data/analytics firm Reis, the once-hot rental market in Chicagoland was cooling down, especially compared to

Two Drag Queens take on Real Estate

A San Francisco broker got creative, casting two drag queens, Mercedez Munro and Katya Smirnoff-Skyy, in a Youtube video used to market one of his listings. The two drag queens used humor throughout the video to showcase to prospective

Basecamp Old Irving Park Developer Acquires Land To Build 48 Single-Family Homes

A joint venture between Ranquist Development Group and Stocking Urban LLC has acquired a parcel of land just southeast of Six Corner’s in Chicago’s Old Irving Park, where 48 single-family homes are planning to be built. Located at 3700

5 Important Housing-Related Details from the New Jobs Report

What details in latest jobs report bear the most significance for housing? The nation’s unemployment rate fell from 5.5 to 5.3 percent in June, while the overall economy added 223,000 nonfarm payroll jobs, according to the Bureau of Labor

Construction Enters Second Phase at Red Seal Homes’ Arbor Lane

Construction is underway on the second phase of Arbor Lane, a new community of 16 townhomes in Arlington Heights, announced Northbrook-based Red Seal Homes. Placed along Palatine Road, east of Rand Road, Arbor Lane has four floor plan options from

Michael Jordan’s 23 Mansion Hits the Market

Michael Jordan is at it again. After three years of unsuccessful attempts to sell his Chicago-area mansion, the basketball star has decided to give it another try. With a new asking price at $14,855,000 (the numbers add up to

Brazilian Artists Build Vertical Home on Climbing Wall

In an attempt to challenge our ideas about living space, two Brazilian artists built a vertical house alongside a building using a climbing wall in Rio de Janeiro. Nailed to the wall are shelves, counters, a hammock, bed and

Distressed Sales Plunge in Illinois

Over the last year, distressed home sales have become far less prominent in Illinois’ housing market Distressed sales throughout Illinois comprised 18.6 percent of all home sales in May, a marked drop from the 30.6 percent market share of a

Multifamily Construction Spending Leads Charge in 2015

Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census

Illinois Fifth Best State For Making a Living in 2015

Thanks to a low percent of incidents of workplace injury and low state tax on average income, Illinois was ranked the fifth best state for making a living in 2015, according to personal finance site MoneyRates. The list, which ranked the top

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