News / Features

Why this Logan Square listing is going viral

Zany listings are always popular online. The wilder, the better. Now, one wild house is going viral — and it’s right here at home in Logan Square.

Monthly mortgage payments up nearly 20% from 2022

Meanwhile, July’s home sale prices had their highest increase since November.

The 606 is growing — slowly

Chicago’s Bloomingdale Trail, or the 606 as it’s known colloquially, is set to expand over Ashland Avenue and underneath the Kennedy Expressway, to connect with Elston Avenue.

Fulton Grace Realty expands into Arizona

Chicago-based brokerage Fulton Grace Realty is expanding into Arizona with its first franchise partner.

Barbie’s Arizona dream house

This real-life Barbie dream house in Phoenix has everything a Barbie girl could want — life-size Ken not included.

NAR: Pending-home sales rise for the first time in four months

The industry group issued its housing-market forecast along with its monthly Pending Home Sales Index for June. 

Federal Reserve raises key interest rate to 22-year high

National Association of REALTORS® Chief Economist Lawrence Yun took issue with the increase, saying the central bank has created “a rare and very tight monetary policy condition.” 

Eventual residential progress at Cabrini-Green

Three new housing developments in are in the works at the former Cabrini-Green site, and the Chicago Housing Authority recently advanced plans for two of them.

A gothic cathedral in Cincinnati

The property even includes some original church features, like stained glass windows and an actual pipe organ.

Chicago’s adaptive reuse renaissance — in the planning stages

Looking ahead, Chicago is poised as a future leader for adaptive reuse. Trailing New York and Los Angeles, Chicago boasts the third-largest number of apartments expected to be converted over the next years: 3,519 units.

What’s happening at Lincoln Yards?

In 2019, the city approved the master plan for Lincoln Yards. Four years later though, the site is still — mostly — empty. Now, Sterling Bay is seeking new investors.

Attached home prices soar in the suburbs — thanks to baby boomers

Although detached home prices are holding steady, condo and other attached home values are on the up and up in Chicago’s suburbs, according to new data from the Mainstreet Organizations of REALTORS®.

NAR: Existing-home sales slow as prices near all-time high

The median existing-home price for all housing types in June rose to $410,200, 0.9% less than the all-time high of $413,800 reached in June 2022, the National Association of REALTORS® said. 

NAHB: Builder confidence hits 13-month high

Low inventory and high demand are buoying builder sentiment in the face of several headwinds. 

Housing starts post unexpected slide in June

The drop in the pace of new-home construction follows a significant surge the month before, according to government statistics. 

Realist will return to MRED in the fall

MRED will bring back the popular public records database Realist.

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