News / Features

DuPage County Among Top 5 New Construction Markets in U.S.

In terms of traffic and contract growth, DuPage County is among the top 5 new construction markets in the nation. DuPage County is one of the top 5 new construction markets in 2013, according to data from Metrostudy. Analyzing

Coldwell Banker Named Exclusive Broker for The Ritz-Carlton Residences

Prism Development announced that Coldwell Banker Residential Brokerage is the exclusive brokerage representing The Ritz-Carlton Residences in Chicago. Coldwell Banker Previews International, the luxury division of Coldwell Banker, will market the remaining available condominium units at the iconic high

NAR Opens Realtor.com to Non-Realtor Listings

The National Association of Realtors has approved changes to the Realtor.com website that will open the site to non-Realtor listings and rentals. The National Association of Realtors’ Board of Directors yesterday approved a number of amendments to its popular Realtor.com website

The RE/MAX Luxury Report on Chicago Real Estate

The first half of 2013 produced a significant increase in luxury home sales in Chicago. RE/MAX conducted its Luxury Report on Chicago Real Estate by implementing a bimonthly analysis of city home sales at $1 million plus. Here are

Will Rising Mortgage Rates Lead to Lower Home Sales?

It’s the big question on everybody’s mind – will the rising mortgage rates of the last couple months produce a noticeable fall in home sales? Mortgage rates have been on the rise the last couple months. Since the beginning

Census Bureau: New Home Sales Jump 38.1 Percent in June

June was a rollicking good month for new residential home sales, which posted strong increases on both monthly and yearly measures. New single-family home sales were up 38.1 percent year-over-year in June, in addition to an 8.3 percent monthly

Inventory is on the Rise Nationally – What About in Chicago?

The news was good for housing inventory in Monday’s existing-home sales report from NAR, but has the situation improved at all here at home? Housing inventory nationwide increased just under 2 percent from May to June, rising to a

The Top 10 Features that Upscale Buyers Want in Their Homes

Upscale buyers are a different breed of consumer, and their desires for their residences are outside the beaten path, as a new NAHB survey uncovered. What do the affluent want? That’s the question at the center of a very

@properties Becomes Illinois’ Largest Independent Realty Firm

Chicago’s own @properties began to build on its leading market share in the first half of 2013, and midway through the second quarter landed another major achievement- becoming the largest independent real estate brokerage firm in Illinois for the

Good News for Evanston History Buffs: City Council Rejects Hotel Proposal for Harley Clarke Mansion

After a meeting Monday night, the Evanston City Council rejected a proposal turn the historic Harley Clarke mansion into a boutique hotel. A previous Chicago Agent article mentioned that James Pritzker’s company, Tawani Enterprises, proposed to purchase the mansion and

Chicagoland Home Sales Jump 18.7 Percent in June

June was a strong home for home sales in both the city of Chicago and its surrounding suburban markets, according to new research. In the nine-county Chicago Primary Metropolitan Statistical Area (PMSA), home sales (single-family and condominiums) in June

Prudential Rubloff Properties Prudential Real Estate Ranks Highest in J.D. Power and Associates’ Study

Prudential Real Estate, an HSF Affiliates LLC company, have announced that the Prudential Real Estate affiliate network ranked highest for customer satisfaction in three of the four segments included in J.D. Power and Associates’ annual Home Buyer/Seller Satisfaction Study.

NAR: Existing-Home Sales Rise 15.2 Percent in June

June’s existing-home sales may have fallen from May, but they retained strong yearly increases, while other fundamentals improved. Existing-home sales may have fallen by 1.2 percent from May to June, but June’s seasonally adjusted annual rate of 5.08 million

City of Evanston Considers Pritzker’s Bid for Harley Clarke Mansion

The City of Evanston is considering selling the historic Harley Clarke mansion and 2.5 acres of lakefront property for $1.2 million to James Pritzker’s Tawani Enterprises. Tawani is proposing to turn the property into a 57-room boutique hotel and

What Will Homebuyers Compromise on in 2013?

Compromise is an inevitable component of the homebuying process…or is it? A new NAR survey has tracked what homebuyers do – and do not – compromise on. News flash: the homebuying process can be a darned frustrating experience. You

The 7 Key Traits About the Homes Consumers Bought in 2013

What were the most important features to homebuyers in 2013? What features of the home, and the greater area, were most valuable to them? There are many types of property available to today’s homebuyers, but as any savvy agents

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