Millennials Are Renting While Homeownership Skids To 64.1 Percent
With the rental apartment market booming, homeownership in the Chicago area in 2014 skidded to its lowest level since 1995, according to...
Chicago’s Upscale Areas Posted Higher Home & Condo Prices In 2014
Luxury single-family homes and condominiums were in high demand and sold for top dollar in 2014 in Chicago’s most upscale...
New Condominium-Buying Video Helps First-Timers Rate Future Home
Buying a condo is a lot like buying a car, especially for novice first-time purchasers, real estate experts say. “You may fall in love...
Wealthy North Side Buyers Scooped Up Mansions & Penthouses In 2014
Luxury home sales boomed on the North Side of Chicago in 2014 as wealthy buyers rushed in to scoop up mansions, fancy townhouses and...
Mayoral Runoff Pits Bungalow Man Verses Connected Downtown Crowd
Airport noise, city-employee pensions, sagging bond ratings, closed schools, red light camera tickets, and the city catering to connected...
Apartment Renters Now Outnumber Homeowners In The Chicago Area
Homeownership once was called the American Dream, but Chicago’s downtown apartment building boom has created a spike in renters, putting...
Most Downtown Chicago Condo Developers Have Forgotten First-Timers
Most downtown Chicago’s new-construction condominium developers are not meeting the demand for affordable units targeted to first-time...
As Apartment Rents Rise Developers Unveil New Condo-Tower Plans
After years of battling higher real estate taxes and operating expenses, Chicago landlords finally are taking advantage of the urban...
Chicago Should Not Squander Public Park Land For Obama Library
When it comes to squandering future development opportunities on Chicago’s South Side, Mayor Rahm Emanuel and city planners lead the...
Now Is A Great Time To Buy A Home If You Can Qualify For A Loan
If you can qualify for a mortgage now is a great time to buy a home or a condominium, experts say. Benchmark 30-year fixed mortgage rates...
Mortgage Rates Skid Into New Year Offering A Deal To Borrowers
Sparked by a slide in oil prices and bond yields, plus strong employment reports, mortgage rates have dipped unexpectedly, making home...
Condo Buying For Dummies—An Essential 10-Point Shopping Checklist
A new Illinois law designed to educate consumers on their rights as condominium owners, and provide policies to help mediate disputes...
Crystal-Ball Gazing Into The Future Of Chicago’s Housing Market
It’s time to gaze into the crystal ball and see the future of Chicago’s housing market in 2015. Experts are focused on several bright...