Chicago Real Estate

Four Bedroom Home in West Town Hits the Market

2141 W. Ohio Street Chicago, Ill. Now on the market is this sophisticated contemporary single-family home in the heart of Chicago's vibrant West Town /UK Village neighborhood in Chicago. It comes with four bedrooms, three full baths, one partial bath and 3,300 square-feet of living space. This West Town home, which boasts a Read more

Luxury Home Sales in Chicago Increased 8 Percent in 2015

A study of the luxury housing market in Chicago found the number of homes that sold for at least $1 million in the Windy City increased by 8.0 percent in 2015 from a year earlier. According to an analysis by RE/MAX, there were 2,353 luxury homes sold in metro Chicagolast year. While the number of Read more

Boomers and Millennials Critical to Chicago Real Estate

The performance of the Chicago real estate market in 2016 will be driven by baby boomers and millennials. That's according to Chicagobusiness.com, which recently took a comprehensive look at the roles the nation's two largest adult population groups will play this year. As Chicagobusiness.com points out, millennials and baby boomers are critical for Chicago real Read more

2016 Real Estate Outlook includes Price Stagnation

Marketwatch, as part of its New Year's coverage, recently provided a well-researched and reported forecast of the four real estate trends that will shape the market in 2016. It's really a good read and well worth the visit. The piece features no shortage of pertinent takeaways that can be applied to the Chicago real estate Read more

Chicago Housing Most Undervalued Among World’s Largest Cities

The Chicago housing market is the most undervalued of the world's largest cities, according to a new report that measures the threat of housing bubbles in various big cities across the globe. The cities facing the biggest threat of a housing bubble are London and Hong Kong. The UBS Global Real Estate Bubble Index found Read more

Mistakes Can Be Costly When Selling a Home

Properly preparing your home for sale is an arduous process. There is a seemingly endless to-do list that can be filled with potential pitfalls. Here are some of the mistakes you will want to avoid when selling a home. Listing Your Home Too Quickly—You will want to be sure you are fully aware of the Read more

Parking Plan Proposed for Chicago Real Estate Agents

Real estate agents dart from here to there, neighborhood to neighborhood all throughout the day. When visiting various homes, parking is a constant issue in a city like Chicago with all of its residential parking zones and required permits. City Clerk Susan Mendoza would like to change the situation, while simultaneously adding to the city's Read more

Home Prices Jumped 5% Nationwide in July, Report

Home prices in the U.S. saw a 5% spike in July, according to the latest Standar & Poor's/Case-Shiller Home Price Index. Home prices rose in all 20 cities measured in the report, with San Francisco seeing the biggest increase at 10.4%. Continuing to push home prices higher is a lack of available homes. As the Read more

By |2016-10-14T20:34:28+00:00September 29th, 2015|Buying A Home, Chicago Real Estate, Real Estate News|

N.A.R. Report Indicates Housing Market is Leveling Off

Pending home sales in the U.S. rose just slightly in July and the increase was less than forecast, which could indicate the red-hot housing market could finally be leveling off. According to the National Association of Realtors forward-looking Pending Home Sales Index—which measures signed contracts for purchases of previously owned home, home sales increased by Read more