News / Features

Chicago Among Nation’s Top 10 Luxury Housing Markets

A new ranking of the nation’s top luxury housing markets places Chicago among some esteemed marketplaces. Our beloved Chicago is one of the top luxury housing markets in the country, according to a new report from Coldwell Banker Previews. Check

CoreLogic: Home Price Gains Slow And It’s a Good Thing

While home prices continued increasing in August, their pace slowed. Here’s why it’s a good thing… While 2013 was a year of continued turmoil for the nation’s housing market, this year is proving to be the industry’s growing period,

Flexhouse Project Entering Third Phase in Logan Square

Ranquist Development Group and Lizzie Kaplan of Sedgwick Investments Chicago, LLC broke ground to begin construction on the third phase of the Flexhouse project in Logan Square. Sharing the philosophy of high quality and modern design, both Ranquist Development

CoreLogic: Foreclosure Rates Continue to Fall

CoreLogic report outlines the country’s foreclosure progress, and it looks promising. The national foreclosure inventory continues to dwindle. However, we’re more than five years removed and rates remain well above normal, pre-crisis levels, according CoreLogic’s most recent foreclosure report.

2014 Agents’ Choice Finalists

After receiving thousands of votes from Chicagoland’s real estate community, we have crunched the numbers and selected the finalists for our 2014 Agents’ Choice Awards. Take a look at the top three vote-getters below, and stay tuned for our Agents’ Choice

4 Reasons Builders are Building Bigger

Americans everywhere are tightening their belts, but still our houses are getting bigger. Why? Considering the realities of today’s housing market – that the empty nester population is growing and environmental sustainability is more and more dictating the direction

414,000 Home Sales Lost in 2014 to Student Debt

In the last 11 years, student debt in the U.S. has skyrocketed from $241 billion to $1.1 trillion, making it the second-highest form of debt in the country; only mortgage debt has a greater volume. Analysts have debated just

Number of Mortgages at a Six-Year High

A few weeks ago, the Federal Reserve released a bevy of mortgage data from 2013, and it came with a screaming good headline – the number of mortgages made to purchase homes in 2013 was 2.68 million, a six-year high

UPDATE: Realty Community Mourns the Loss of Robert John Anderson

Yesterday, as we confirmed in a post, respected Baird & Warner agent Robert John Anderson passed away suddenly in his home. “Robert John was one of the most passionate real estate professionals that I have ever met,” Steve Baird,

Chicagoland’s Rental Market Continues Strong Performance in 2014

Our city’s rental markets have performed quite well in recent years, and 2014 seems to be no exception. The average rent in Chicagoland in 2014’s third quarter was $1,110, a 1 percent increase from the second quarter and a

Average Down Payment in Chicagoland Nearly $50,000

How does the down payment in Chicagoland compare with other metro areas? According to analysis from LendingTree, the average down payment in Chicagoland is 16.28 percent of the mortgage, which comes out to $47,370. How does this compare with

Realty Community Mourns the Loss of Robert John Anderson

It has been confirmed that Robert John Anderson, a well-respected Baird & Warner agent, has passed away. Richard Druker, senior vice president and managing broker of Baird & Warner, confirmed the news in an email to Baird & Warner’s

Residential Construction in Chicagoland Flat in 2014

Construction is the residential sphere is keeping pace in Chicagoland in 2014 According to the latest numbers from the Census Bureau, residential construction spending in August was at a seasonally adjusted annual rate of $351.7 billion, down 0.1 percent

Report Shows Chicagoland Foreclosures Down Significantly

Chicagoland foreclosures remain above national rates, but down significantly from 2013. In January 2013, Chicagoland foreclosure and 90-plus day delinquency rates were nearly double what they are today, confirmed CoreLogic in its latest report. Over the past 18 months,

Housing Debt Hurting Older Americans

Older Americans are carrying their housing debt later into life, and as a result, they’re struggling financially. A lot of attention has been given to student loan debt lately, particularly in regards to the impact it’s having on young

Chicagoland Home Prices Nowhere Near Bubble Territory

The term “bubble” gets thrown around often nowadays, but the data does not support such statements. The great housing bubble of 2001 to 2008 was a mammoth economic event, one that pulled the housing market through a verifiable roller

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