The number of local home sales has skyrocketed, driving prices in the Chicago metro area to all-time highs. That’s translated into lightning-fast turnover as people put their homes up for sale — as well as a decline in inventory.
Chicago is still the second city when it comes to foreclosures, but at the other end of the real estate spectrum, luxury property sales are booming.
Sparks fly as the candidates for Illinois governor go for the political jugular. Where is the study into the fairness of the Cook County tax system? And a former CPS CEO appears to be eyeing Mayor Rahm Emanuel’s job.
If you’re looking to buy an affordable home near public transit, highly rated schools and other neighborhood perks – one real estate website says look no further than Chicago.
In a class-action lawsuit filed this month in Cook County, a suburban family argues that estimates on the real estate website are inaccurate and illegal under Illinois law because they’re not licensed appraisals.
After a decade of volatility, national home prices rose a steady 4 to 5 percent in 2015. Unfortunately, that was not the case in the Chicago market, where single family home prices rose by a meager 1.3 percent. Real estate reporter Dennis Rodkin has more on the state of the local market.
Can Chicago condo buildings ban smoking in owners’ units? Some buildings are making the change. We talk with Crain’s Chicago Business real estate reporter Dennis Rodkin about that, the new disclosure rules coming, and the latest trends in the housing market.
Home sales are up in Chicago, but the market is still a long way from recovering to pre-crash levels.
The construction of Northeastern Illinois University’s El Centro satellite campus is gaining momentum and attention for its design. The color-changing building will be along the Kennedy Expressway between Addison and Belmont. We talk with Crain’s Chicago Business residential real estate reporter Dennis Rodkin about the “marker” building structure and its significance in the modern architectural world. View a slideshow of campus building renderings.
We talk with real estate guru Dennis Rodkin about the status of Chicago’s housing market. View a graph on the local housing market.
How do you price a piece of architectural art? Prairie style master Frank Lloyd Wright designed nearly 100 homes in the Chicago area, but now some owners are having trouble selling these homes. Chicago magazine's real estate expert Dennis Rodkin joins us to discuss why sellers are having trouble, and he tells us more about Chicago's housing market.
Newly released data shows home sales in Illinois are up from last year. We have the details.