News / Features

In upstate New York, a fairy-tale home awaits

Once upon a time in upstate New York … an enchanting tower stands. And the unique piece of real estate is up for sale.

Real estate advisors project tamer housing market in 2022

Home-price growth is expected to average about 5% this year, far below the record-breaking pace set in 2021, RCLCO reported. 

Luxury Living Chicago Realty ranks in the top 5% for total sales volume in Chicagoland

Luxury Living Chicago Realty has announced a new milestone, according to information from Midwest Real Estate Data.

A comparison of 2021 and 2020 Chicagoland home sales — plus new December data from Mainstreet

New statistics from the Mainstreet Organization of REALTORS® illustrate the extent to which 2021 home sales exceed even the fruitful year prior.

West Loop’s CA6 condominiums surpass 80% sold

The developer Belgravia Group has announced that condos in the new CA6 development are more than 80% sold.

2021 ends with a bang in new-home sales

Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand. 

@properties rebrands to @properties Christie’s International Real Estate following acquisition

@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.

Chicago rents, mortgages both on the rise and breaking records

Spurred by rising mortgage costs, December’s average monthly rent grew to $1,877, according to a new Redfin report. 

Blackstone unit acquiring four Chicago apartment communities as part of $3.7 billion deal

The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT Inc. 

Price appreciation in new vs. existing homes: CoreLogic investigates

New homes and existing homes are appreciating at similar rates, according to a new report from CoreLogic.

Inventory falls 40% from pre-pandemic levels, as home values accelerate

Rent growth also slowed in December, posting the lowest monthly increase since February 2020.

Existing-home sales slide in December while prices continue to climb

“December saw sales retreat, but the pull back was more a sign of supply constraints than an indication of a weakened demand for housing.” — NAR chief economist Lawrence Yun

Local sculptor finds success selling tiny replicas of Chicago homes

Local artist Katie Lauffenburger is building dream homes on a miniature scale: 10-inch-tall ceramic house replicas, which double as planters.

Rich Honquest joins Proper Rate as a vice president of mortgage lending

Proper Rate, the joint venture by Guaranteed Rate and @properties, has named Rich Honquest as a new vice president of mortgage lending.

The biggest dealbreakers for U.S. homebuyers

Despite fierce competition in the housing market, nationwide, potential homebuyers still have dealbreakers — and they’re revealed in a new study by HomeAdvisor.

Housing starts rise in December on strong multifamily sector

While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

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