Category: Housing trends
Trends affecting prices, architecture, locations, financing and other elements of Chicago houses, townhomes, condominiums, high-rises and single-family homes.
Bank of America to purchase Countrywide
How about this for an interesting headline: "Nation's biggest bank buys nation's biggest mortgage mess."
That's just what happened today, when Bank o [...]
Same old song and dance in North Lawndale
The Trib today offers up a perennial article on North Lawndale, replete with facts and figures about the cash-flush revival effort that's kept the nei [...]
Listen in on the last 10 years of residential development
Chicago Public Radio's 848 program ran a segment today on the recent history of city's urban lifestyle. Featuring interviews with several Windy City r [...]
Lincoln Park single-family home sells after brisk stay on market
A recent entry from Chicago Magazine's Deal Estate blog describes a ritzy Lincoln Park single-family home at 623 W. Belden Ave. that sold after a six- [...]
Report: Market rife with incentives
The Sun-Times on Sunday reported on several new incentive packages available to buyers in the Chicago area. Winthrop Properties is offering 3-2-1 buy- [...]
Second homes bring out different sides of owners
In February, New Homes Magazine will profile several new pieds-a-terre available in Chicago. Over the weekend, Chuck Green reported in the Tribune on [...]
Motor Row developer slapped with suit over unpaid fees
Rokas International Inc., developer of the under-construction Motor Row Condominiums, 2300 S. Michigan Ave., is the target of a suit filed by a fina [...]
Report: New home sales hit 12-year low
Sales of new single-family homes fell by 9 percent from October to November, down to a seasonally adjusted rate of 647,000, according to a new report [...]
The ugliest townhouse: a YoChicago year-end contest
As we close out 2007, we invite our readers to chime in on that most poignant of year-end topics: the ugliest townhouse in Chicago.
We've seen some r [...]
Real estate issues top Chicago Journal's year-in-review
A handful of hot-button real estate issues topped the Chicago Journal's year-in-review feature this month.
The weekly newspaper serves Wicker Park, B [...]
Has The Huron Club found its niche?
In a changing market, even the best-laid plans need a little tweaking. High-rise development is a particularly fickle property type; developers are ta [...]
Quote of the day: Existing homes struggling versus demand for new construction
"The real tale of the two condo markets in the Chicago center city is told in the pricing problems that existing units are having. In the past six mon [...]
Teardown central? Not any more…
For once, it's nice to be the Second City. New York has surpassed Chicago as the teardown capital of the nation, according to the National Trust for H [...]
Joravsky explains Lincoln Square outcome
The city may have backed off its plan in Lincoln Square's eminent domain showdown, but there are still lingering questions about the nature of the pro [...]
Alderman backs off Lincoln Square proposal
Ald. Gene Schulter (47th) appeared to backpedal away from a proposal that would have authorized the city to seize properties along Western Avenue in L [...]
Castle Coalition rallies community around Lincoln Square's eminent domain crisis
How would you like to see your community, your home and your livelihood threatened by an abusive state law and an indifferent local government? Chri [...]
Quote of the day: Judicial bailout for homeowners?
"A strategic change in the bankruptcy code will provide homeowners facing foreclosure a degree of financial stability - even when the market cannot."
[...]
Berwyn seeks new crop of young homeowners
WBEZ reports on a campaign by the city of Berwyn to attract Chicagoans from neighborhoods like Roscoe Village and Wicker Park (thanks to Nina for the [...]
Chicago: no boom means no bust?
"The result of this succession of booms, in so many places has been a massive increase in national home prices over a period of nearly a decade. The b [...]
Why buy on a commercial street? Price, convenience, urban excitement…
We recently asked why so many buyers have been willing to buy condos on busy commercial streets such as Halsted, Belmont and Ashland, and received a f [...]