News / Features

Alta at K Station Becomes Largest Gold LEED-Certified Apartment Complex in the United States

Chicago-based Fifield Companies and its joint-venture partner, Pacific Life Insurance Co. of Newport Beach, Calif., have announced that Alta at K Station in downtown Chicago has been awarded Gold LEED certification by the U.S. Green Building Council. The two-tower

Northwest Indiana Homebuilder Associations to Merge

Builder Associations of Indiana’s Lake and Porter counties will merge to form the Home Builders Association of Northwest Indiana, according to

Scottie Pippen Lists His Florida Home

Former Chicago Bulls superstar Scottie Pippen and his wife, Larsa, have listed their Ft. Lauderdale, Fla., home for $16M, according to

NAR Faces Allegations of Inflating Existing-Home Sales Reports

The National Association of Realtors (NAR) is facing allegations of inaccurate reports of existing-home sales dating back to

New Tool Launched for LEED Professional Credential Holders

The Green Building Certification Institute (GBCI) has launched the CMP Wizard, an interactive online tool to help LEED Professionals understand their Credential Maintenance Program (CMP) requirementsand explore continuing education

Recouping the Cost of Renovating

Whether you’ve lived in your home for 25 years or just moved into a brand new house, you likely have a list of improvement projects you’re considering. Experts say that home renovations should not be done to enhance the

First Tier Suburbs Are a “Sweet Spot” For Development and Investment

Once bypassed in the stream of investments being funneled into downtown cores and outlying suburbs, first-tier neighborhoods are emerging in the post-recession era as major magnets for urban growth, according to Urban Land Institute Chief Executive Officer Patrick L.

Chicago Has Six New Suburbs Since the Year 2000

Not only are more people living in the suburbs now, there are more suburbs to live in, according to the U.S. Census Bureau data released last

Not Even a Blizzard Stops Real Estate Professionals from Doing Business

You’ve probably heard the expression, “real estate agents never sleep.” For customers of Midwest Real Estate Data (MRED), sleep was the least of their concerns when the Great Blizzard of 2011 hit the Chicagoland

First-Time Homebuyers Account for Majority of Illinois Sales in 4Q 2010

The Chicagoland region ended 2010 nearly even with home sales in 2009 while statewide the Illinois housing market continued to ride out the turbulent economic times boosted by sales from the homebuyer tax

California Joint Venture Takes Over New England Builders’ Lake Bluff Development

California thinks they can do it better; a California developer is buying a failed 47-acre residential development in Lake Bluff about seven months after taking over seven suburban projects started by now-defunct Kimball Hill

Chicago Remains Third Largest US City

As data from the 2010 Census is released for states across the country, the figures released yesterday for Texas show that Houston remains smaller than Chicago, the third most populous city in the

Home Sales in Metro Chicago Real Estate Market Showed Resilience During January

Home sales in the seven-county metropolitan Chicago real estate market showed encouraging resilience in January even though total home sales slipped 3.7 percent below the level recorded in the same month of 2010, according to an analysis by

Condo Sales Down and Rentals Up

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

Chicago Ranks First in U.S. LEED-Certified Structures

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

MBA Reports Decrease in Mortgage Applications

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

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