News / Features
Construction in the Windy City remains historically low, but it’s made quite a bit of progress thus far in 2013. First, the bad news – residential construction in Chicagoland remains historically low, and is among the lowest of all
Voting is now closed for our 2014 Agents’ Choice Awards – thanks for all your votes! We’ll announce the three finalists on Monday, Oct. 6. And of course, stay tuned for our Oct. 20 issue, which will announce the
Though monthly home price growth slowed in August, it still posted strong year-over-year returns, according to CoreLogic. Well, the great home-price honeymoon may be drawing to a close. According to the latest Home Price Index from CoreLogic, home prices
RE/MAX’s IPO exceeded expectations on Wednesday, raising more than $220 million in funding. RE/MAX became the latest real estate business to expand to the stock market with its IPO on Wednesday – and like those earlier companies, its IPO
Chicagoland residents looking to get out of the house this Saturday will have plenty of options, one of which is to visit someone else’s. From 11 a.m. – 5 p.m., six private residences designed by local architects will welcome
How do American consumers feel about not only the housing market, but their chances at homeownership? A new Bankrate.com survey provides insight. There are many reasons for homeownership. From privacy, to expression, to carving ones own unique niche in
According to The Wall Street Journal, banks made more mortgages last year than in any year since the housing downturn in 2000, with interest rates reaching their lowest levels on record. Researchers at the Federal Reserve analyzed the federal lending
Still weary from the housing crisis, many industry professionals are not sure if the current market would support new downtown condo construction. One developer, however, is determined to find out. According to a recent report by ChicagoRealEstateDaily.com, Colin Kihnke, president of
The former residence of R&B singer R. Kelly is close to having a new owner. According to ChicagoRealEstateDaily.com, J.P. Morgan Chase Bank is on the verge of handing the keys over to a prospective buyer, whose personal information has
Housing had a great summer, but is the double-team threat of waning affordability and rising mortgage rates slowing activity? From the start of 2013 through May, the housing market nationwide performed quite well, with a number of factors –
Pending home sales were down in August, though they did retain their yearly returns. Tight levels of inventory, higher mortgage rates and rising home prices continued to impact pending home sales in August, according to the latest analysis from
The Federal Housing Administration (FHA) stated on Friday that it would need approximately $1.7 billion in Treasury funds for the 2013 fiscal year, though there are some intriguing caveats to the nature of the bailout funds. This is the
A government shutdown is looming in Washington, and should one occur, it could have wide-ranging effects on the nation’s economy – including housing. Well, it’s that time again. As you’ve surely seen in the headlines, political gridlock has once
August was a great month for Chicagoland real estate, but what suburbs and neighborhoods stood out from the pack? As we reported last week, August was a sterling month of real estate for the nine-county Chicagoland area, with home
New home sales performed better than expected in August; what does that indicate about the housing recovery? New single-family home sales defied expectations in August, posting both monthly and yearly increases in the latest report from the U.S. Census Bureau
New-home sizes hit new highs in 2012, and many saw it as a return of the McMansion; new data, though, suggests that’s not quite accurate. The news was a shot to heart of any small-home enthusiast: after falling gradually