Tag: News
Million dollar sales up 42 percent in Chicago
The following market update arrived via a news release from RE/MAX Northern Illinois:
Combined sales of attached and detached residences in C [...]
A Grant Park makeover near General Logan’s statue
The stretch of Grant Park south of the Art Institute doesn't attract the crowds that flock to Millennium Park and the other attractions at its nor [...]
High-rise rents, occupancy, absorption rates all fall
After years of seeing rents rise, renters may be singing "happy days are here again," according to Appraisal Research Counselors data reported by Chic [...]
Median Chicago condo sales price soars 24% year-over-year
The following market update arrived via a news release from RE/MAX Northern Illinois:
October home sales in the metropolitan Chicago real est [...]
MLS-listed downtown rentals at 3-year high
The number of homes and condos listed for rent in the local MLS continues to creep upward.
As of yesterday evening, the count stood at 1,158, [...]
Rent gains begin to slow in Chicago metro area
Marcus & Millichap has just released its Q4 Local Apartment Reports for 39 metro areas, including Chicago.
Some of the high-level findings:
[...]
Chicago images painted with light and love
We began this business in 1987 by publishing a real estate newspaper.
A regular feature of the weekly paper in its early days was Kardas' Chic [...]
MLS-listed rental inventory up sharply on north lakefront
The number of homes and condos listed for rent in six north lakefront ZIP Codes ticked up ever so slightly in the past two weeks, from 703 to 707. [...]
Downtown Chicago’s boomer bust
Joel Kotkin, writing at newgeography, argues that the oft-reported back-to-the-city trend among empty nesters is a myth:
Perhaps no urban legen [...]
YoChicago challenges a Realtor to create a hokey tag line
After a morning of shooting sponsored video tours of Lincoln Park townhome developments Jeff Herbert and I found ourselves near the statue of the [...]
RealtyTrac reports sales, prices rose in Chicago metro area
RealtyTrac today released its August 2013 U.S. Residential & Foreclosure Sales Report, which shows that U.S. residential properties, including sin [...]
Chicago sales up 27%, median price up 10% year-over-year
RealtyTrac today released its July 2013 U.S. Residential & Foreclosure Sales Report, which shows that U.S. residential properties sold at an estim [...]
A homeless man builds a shelter in Wicker Park
DNAinfo posted an article yesterday about Bruce Johnson, a 51-year old homeless man who had built himself a concrete block shelter from materials [...]
Meet John Holabird Jr, architect and Renaissance man
Holabird & Root, one of Chicago's storied architectural firms, began in the 1880s and during most of its history a Holabird was an active principa [...]
Chicago foreclosures drop sharply as US activity ticks up
RealtyTrac has just released its July 2013 U.S. Foreclosure Market Report. The report shows foreclosure filings – default notices, scheduled aucti [...]
Is affordable housing unaffordable for Chicago?
Chicago Real Estate Daily recently reported that the next phase of the redevelopment of the Robert Taylor Homes is moving forward. It involves the [...]
A look back at economists’ Chicago home price predictions
Five years ago today we mentioned that the New York Times had asked economists to "share the data they use to figure out how much houses in region [...]
The Brewster Building’s water tower before the fall
The water tower on top of the landmark Brewster Building, 2800 N Pine Grove, collapsed yesterday, injuring several people.
Chicago's media rus [...]
Chicago ranks 20th for high-income educated young women
When I was in high school, a reminder that "the light at the end of the tunnel is Jersey City" was richly ironic.
Now that light, according to [...]
Are real estate agents wrong about client loyalty?
I shudder to think about how many real agents I've spoken with over the years, from all parts of the country. However diverse they might be in the [...]