News / Features

Chicago Home Prices Up 8.7% in August Case-Shiller

August was another solid month for home prices in the Windy City in the latest Case-Shiller Home Price Indices. Home prices in the Chicago metropolitan area rose 8.7 percent year-over-year in August, according to the latest Case-Shiller Home Price

Chicago’s 10 Busiest Neighborhoods/Suburbs in September

In the latest of our monthly feature, we look at what the busiest neighborhoods and surrounding suburbs were in the wonderful Chicagoland in September. September, as we reported earlier, was a very positive month for Chicagoland real estate: home

Pending Home Sales Fall for Fourth Straight Month in September

New data from NAR shows that pending home sales continued their downward progression in September. Pending home sales fell once again in September, with the Pending Home Sales Index from the National Association of Realtors (NAR) falling 5.6 percent

Did Chicago’s Housing Inventory Increase or Decrease in September?

We’ve been seeing reports that housing inventory is beginning to stabilize; is that true here in Chicago, though? Up, or down? That’s always the question when it comes to housing inventory, and with new realtor.com data in tow, we’re

Are We Really Recovering? Another View on Housing

There had been rumblings early on that there was more to the housing recovery than met the eye, and new data from NAR confirms those suspicions. Throughout 2013, there have been many positive developments in the housing market, and

With Market In Limbo, Experts Wonder How Slow It Can Go

According to Midwest Real Estate Data, the average selling price for detached and attached single family homes in Chicago dropped to about $185,000 from more than $200,000 in June. Home sales are slowing down like they usually do as

Singer Billy Corgan Buys Another Highland Park Property

In 1995, Smashing Pumpkins lead singer Billy Corgan sang to the world for the first time that despite all his rage, he was “still just a rat in a cage.” Today, those very lyrics have helped ensure that Corgan

CHA Board Will Evaluate Mayor’s Choice For CEO

Charles Woodyard stepped down as CEO of the Chicago Housing Authority (CHA) on Tuesday Oct. 15. A day later, Mayor Rahm Emanuel nominated a potential replacement, whom the CHA board will reportedly consider. Emanuel picked Building Commissioner Michael R.

Broker Sandra Szulkowski Joins Coldwell Banker

Broker Sandra Szulkowski spends some of her free time on the board of Naperville Newcomers and Neighbors, an organization with a mission to welcome new residents to Naperville and introduce them to their new neighbors. Now, after switching to

Census Bureau: Construction Up 7.1% in August

Though it was delayed by the government shutdown, the Census Bureau’s numbers on construction spending were positive all the same. Well, it finally made it! Though delayed by three weeks because of the government shutdown, the Census Bureau’s latest

MRED Reports 2013 Sales Dollar Volume Largest in Six Years

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), reported today that in both dollar volume and total transactions, 2013 is already the best calendar year in area real estate since 2007. To date MRED sold real estate

How Does a New Home’s Size Impact its Features?

We all wonder if size truly matters, but in the case of newly built single-family homes, the answer is clear. What percentage of newly built homes have an entry foyer? What if the home is less than 2,000 square

NAR: Existing-Home Sales Dip Slightly in September

Existing-home sales declined a bit from August to September, though housing inventory continued to show promising signs. After hitting their highest level in nearly four years, existing-home sales came back down to earth in September, declining 1.9 percent to

Chicagoland Home Sales Up 25.6% in September

Housing activity remained very strong throughout Chicagoland in September, with both the city and suburbs posting strong numbers. Homes sales in the nine-county Chicago Primary Metropolitan Statistical Area rose 25.6 percent year-over-year in September, rising to an impressive total of

New Home Data Coming to the MLS

Builders Digital Experience, Inc. (BDX), a joint venture between Move, Inc. and Builder Homesite, Inc., announced this month a unique partnership with nine multiple listing services – including Chicagoland’s Midwest Real Estate Data (MRED) – to provide new home

MRED and Chicago Shine the Light on Energy Efficiency

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service, reported that the American Council for an Energy-Efficient Economy (ACEEE) has ranked America’s 34 largest cities on energy efficiency in five key areas. Chicago’s score resulted in it being ranked

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