The downtown residential market has become good for apartment developers and owners, who are benefiting from the lack of condominium sales. During the condo boom, developers hurriedly built new condo buildings and many existing apartment buildings turned condo. However

The Windy City currently leads the U.S. in the number of LEED-certified

The Mortgage Bankers Association (MBA) released yesterday its Weekly Mortgage Applications Survey for the week ending February 11, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.5 percent on a seasonally adjusted basis from

With the demand in North Side housing, a developer has proposed to turn a former nursing home into rental

By Tom Butala The U.S. Census Bureau has released Illinois data collected in its 2010 polling, revealing a migration of residents from Chicago to its

QR codes are all the rage right now. Short for “quick response,” these small, square codes can be seen in print ads, magazines, billboards and trade-show booths. They’re especially relevant to real estate, however, because they’re efficient — within

According to mam.Econoday.com, U.S. housing starts have climbed in the month of

By Tom Butala Target announced yesterday the addition of a new Chicago store in the iconic Carson Pirie Scott building, now known as Sullivan

Chicago condo and town home developers lost more contracts than they took on in the fourth quarter of

Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according

According to ChicagoMag.com, Former Microsoft CTO David Vaskevitch has purchased a Streeterville penthouse owned previously by developer Dan

Clear Capital has released its February monthly Home Data Index (HDI) Market Report, and reports positive indicators for home prices in

Are all-cash deals the way to go in today’s market? According to the National Association of Realtors, 28 percent of national sales last year were all-cash transactions. The rate was 14 percent in October 2008, when the trade group

Today, the Obama Administration delivered a report to Congress that provides a path forward for reforming America’s housing finance

Airhart Construction recently lifted the curtain on The Blanchard, a brand new model at Courthouse Square a community of 46 Georgian-style luxury townhomes on the site of the historic DuPage County Courthouse campus in Wheaton. Visitors can tour the

RealtyTrac released yesterday its U.S. Foreclosure Market Report for January 2011, which shows foreclosure filings this month have increased 1 percent from last month but a 17 percent decrease from January