Category: Real estate business
Lifestyle buyers take over second-home market as speculators flee
Last week we looked at a suburban couple that bought a condo in Chicago just for the fun of it, and those "lifestyle" buyers are powering the market [...]
Crain's tackles retail growth in emerging neighborhoods
This week's Crain's Chicago Business devotes a lot of ink to the dynamics of emerging neighborhoods, with stories on the West Loop, the South Loop, so [...]
Carnival of Real Estate: a naked look at landscaping, listings and more
This week's edition of Carnival of Real Estate is hosted by Real Estate Undressed. Read about about landscaping your home to sell, how your listing ca [...]
Carnival of Real Estate: co-ops, Catholic schoolgirls and half-assed service
Rain City Guide hosts this week's Carnival of Real Estate. Read about the fading clout of co-ops, how to sell like a Catholic schoolgirl and the half- [...]
Meet the developer: Urban R2's Gary Rosenberg
Gary Rosenberg, president and CEO of Urban R2 Development Co., gives the backstory on his firm and its latest project, Catalyst, a 22-story tower pl [...]
Report: housing starts up, permits down
Housing starts rose in June to a seasonally adjusted annual rate of 1.467 million, up 2.3 percent from the previous month, according to figures releas [...]
Carnival Mondays: 100 reasons to use a real estate agent
This week's Carnival of Real Estate comes to us all the way from Wasilla, Alaska, where today's high temperature is a glorious 62 degrees. Head on ove [...]
Sales update: 740 Fulton
Sales have passed the 80 percent mark at 740 Fulton, according to David Chase, president and CEO of The Thrush Companies, which is developing the 13 [...]
Crain's releases residential real estate data
Crain's Chicago Business yesterday released Market Facts 2007. Among the data included in the section on residential real estate (pdf) :
97 percent [...]
A look at Lincoln Park market time, median price stats
Following our discussion with Rubloff Residential Properties broker associate Doug Fox about the highs and lows of Lincoln Park, we asked another agen [...]
First Chicago Realty is now Weichert franchise
First Chicago Realty Corp., founded in 2000 as a boutique firm specializing in new construction, is now an independently owned and operated franchise [...]
The real estate surplus in Chicago's Vittum Park neighborhood
As we strolled through Vittum Park yesterday, it seemed every street had at least one house for sale. David Puma, a sales agent for Puma Realty Grou [...]
Rubloff, Prudential Preferred win customer service awards
Two Chicago real estate brokerages recently won awards for customer satisfaction from Quality Service Certification, Inc., a firm that certifies and r [...]
Carnival of Real Estate: comp killers, homophobes and short sales
This week's Carnival of Real Estate is hosted by the Christian Real Estate Network. If you're an agent representing bargain-seeking buyers, you might [...]
Report: Chicago area homes are appreciating, but more slowly
In the Chicago area, home prices rose by 5 percent in the year ending March 31, 2007, compared to 10.5 percent during the same period last year, accor [...]
Market times declining in West Loop, though higher than city overall
Attached homes in the West Loop have been staying on the market longer than their citywide counterparts, according to Multiple Listing Service of Nort [...]
Evanston's loss is Lincoln Square's gain – Trattoria Trullo opening
The large space formerly occupied by G.P. Franklin's, at 4767 N Lincoln Ave, in Lincoln Square, finally has been filled. Trattoria Trullo, a souther [...]
Home market times, prices up in Chicago
Everyone seems to be talking about a "soft" real estate market in general, but what does that mean right here right now? A quick survey shows that mar [...]
Carnival of Real Estate: condo appreciation gone wild, bubble boo-boos and slashing prices
This week's Carnival of Real Estate is hosted by Zillow's Drew Meyers. Read about a condo that supposedly appreciated more than $700 per day for the l [...]
Average market time in West Loop at 207 days
We're working on more West Loop stats, but here are some current numbers to start you off, compiled by Property Consultants agent Patrick Hawkins from [...]