Hartshorne Plunkard Architecture has won top prizes recently from the 2013 Honor Awards presented by AIA Illinois: the Louis Sullivan Award for their work on Randolph Tower, and the Crombie Taylor Honor Award for the Hairpin Lofts and Hairpin Arts

Were reports of the McMansion’s death greatly exaggerated? New Census Bureau data would seem to suggest so. The housing downturn negatively impacted just about ever aspect of the housing market, though there was one impact of the downturn in

The CoreLogic Home Price Index surprised analysts with a stronger-than-expected, 12.1 percent hike in April, with even better numbers expected for May. The CoreLogic Home Price Index exceeded expectations again in April, with home prices leaping 12.1 percent year-over-year

Does new foreclosure slang fit in with the latest real estate trends? We’ve heard of “short sales,” “shadow sales” and “cure rate.” Now, two other phrases have been used to describe some of today’s real estate trends: “zombie foreclosures”

Construction spending in April rose 4.3 percent from the year before, though residential construction was a bit more tepid by comparison. April was another solid month for construction spending in the U.S. economy, with overall construction spending for the

Housing inventory has fallen precipitously the last couple years, but has it finally bottom now in 2013? It’s the question on everyone’s mind nowadays – when will housing inventory finally stop falling? Indeed, low housing inventory levels have wreaked

Ask any top real estate trainer or successful broker/owner and they’ll tell you the importance of embracing technology – especially a Realtor CRM. Agents who fail to use technology to their advantage will be watching their competitors soar to

Illinois home sales increased 25.3 percent over previous-year levels in April, and the market looks to be in good shape, according to the spring numbers from the Illinois Association of Realtors. Statewide, home sales (including single-family homes and condominiums)

It doesn’t matter whether your next transaction is a short sale or an equity sale: if the subject property is part of a homeowners association, you may be in for a rude awakening. That’s right: homeowners associations are becoming

With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Chicago? It’s a classic case of supply and demand: demand for homes, on account of record low interest

Buying a home has become more manageable and expected to stay this way for 30 more years The latest studies are showing that buying makes more sense financially than renting, according to the KCM Blog. The latest Existing-Home Sales

The Pending Home Sales Index was up more than 10 percent in April, rising to its highest mark since the expiration of the first-time homebuyer tax credit. April was a solid month for pending home sales, with the Pending

In another sign of continued recovery for the real estate sector in Chicago, RE/MAX Plaza has plans to open a new office in Woodstock, Illinois, according to a recent Chicago Tribune Article. RE/MAX already owns two offices in McHenry

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that RESAAS is sponsoring and attending MREDpalooza as a ZAP! level Sponsor. RESAAS provides a social network designed to allow real-time updating of property listings as well

The “wage gap” is among the more prominent topics in gender equality, and new Census Bureau numbers suggest real estate has an issue with the topic. The “wage gap,” which addresses the difference in pay that men and women

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