Home resales fall 5% after record levels
Sales of existing U.S. homes fell 5.2 percent in January to a seasonally-adjusted annual rate of 6.04 million units from a downwardly revised level of [...]
Dubin offers free upgrades at Arcadia
Dubin Residential is offering $10,000 in free upgrades on remaining townhouses at Arcadia Place, a 34-unit development in the West Loop.
"Buyers looki [...]
Sales of new homes down slightly
Sales of new homes slowed slightly in January, due largely to inclement weather, but still beat analysts' forecasts.
Sales of new single-family homes [...]
Sutherland rebuilding Drexel Boulevard
Sutherland Pearsall Development has built a variety of new housing on the South Side in recent years, but the company is having an especially big impa [...]
Burnham building converted to apartments
Architects Hartshorne & Plunkard this month began the conversion of a classic D.H. Burnham and Co. office building in the Loop into boutique apartment [...]
Prairie House hits 75% sold
After taking over from Bejco Development, the Radco Companies has hit the 75 percent sold mark at Prairie House at Central Station, a new townhome and [...]
Westhaven Park opens new model
Developers Brinshore Development, LLC and the Michaels Development Company have opened a new decorated condominium model Westhaven Park, a 755-unit mi [...]
Mortgage rates near record lows
The average 30-year fixed-rate mortgage dropped to 5.58 percent, its lowest level in seven months this week, according to Freddie Mac's Primary Mortga [...]
Encore in Old Town
"I love Italian; everything Italian has such a nice flair."
So says Robert Mosky, referring to the Neapolitan, the new highrise he built at 1212 N. W [...]
Hidden costs can lurk around doors, windows in new homes
The fact that everything you can see looks good in your new condo or townhouse does not mean that all is well. Two of the places you probably haven't [...]
Condo conversions boosting apartment taxes, rents in city
The New Year likely will bring gloom to rental apartment owners in Chicago and suburban Cook County unless some real estate tax assessment relief is p [...]
Slow turning
Builders to focus on deals, remaining units in '04
Buyers of new homes were cautious in 2003, taking their time and hunting for the best possible d [...]
Housing starts fall in bad weather
U.S. housing starts fell 7.9 percent in January, to their lowest levels since August in part because of inclement weather.
Residential construction s [...]
Four homes left at Bradley Place
Only four single-family homes, including a furnished model remain for sale at the Residences of Bradley Place, a 36-unit development on the Northwest [...]
Invsco debuts Lakeview on Lincoln Park
American Invsco has announced the debut of a long-awaited project in the heart of Lincoln Park that the developer promises will be the height of luxur [...]
Optima Horizons 85% sold in Evanston
Optima, Inc., an architecture and development firm that champions forward-looking design, has sold 85 percent of the units at its Optima Horizons proj [...]
Crescent opens models at 30 E. Huron
Crescent Heights is opening eight decorated models at 30 E. Huron, a 460-unit highrise that will be the developer's fourth major condominium conversio [...]
Masters of their Domain
There wasn't much in the vicinity of Chicago Avenue and the Chicago River a few years ago, unless you count cement mixers, newspaper delivery trucks a [...]
Mortgage rates remain steady
Mortgage rates inched up slightly this week, with the average 30-year fixed-rate at 5.72 percent, compared to 5.68 percent last week, according to Fre [...]
Morhyne courts empty nesters in Kenwood
Morhyne Development Company's latest condo building seems tailor-made for empty nesters and others with a newfound interest in city living. The 22-uni [...]