The average 30-year fixed-rate mortgage stood at 6.04 percent last week, up slightly from the previous week when it was 6.01 percent, according to Freddie Mac's Primary Mortgage Market Survey. (more…)

Buyers riding high as new condo towers churn out units in '03

For anyone who wondered what effect the terrorist attacks of 9/11 would have on Chicago's residential highrise market, a quick drive through downtown provides an instant answer. Construction cranes crowd corners from Old Town almost to Chinatown, as the City of Big Shoulders continues its love affair with vertical living. (more…)

Skyline growing with boom in condo towers

If you were to stack all of the planned highrises with units now for sale in Chicago end to end they would stretch almost a mile and a half. That's not including the mile or so of towers that have recently sold out and are under construction, or a couple of additional miles in the pipeline. (more…)