Old Town Chicago One of the best-kept secrets in Chicago real estate is the Old Town neighborhood in the city's North Side. This historic section of the Windy City has undergone a variety of incarnations during its history, not all of which were positive, but since its latest re-birth beginning in the early Read more
(Photo courtesy of Curbed Chicago) Exclusive pictures of the most expensive single-family home in Chicago have recently emerged via Curbed Chicago. The huge estate, pictured above, is located in Lincoln Park and has been “quietly listed” for $18.75 million, making it the most expensive home in Chicago. It's expected to hit MLS sometime Read more
Good news for those that bought a home in Chicago's Lincoln Park during the height of the last housing bubble: your home may finally be worth what you paid. That's according to a new study from Corelogic Inc., which showed home prices in the Chicago neighborhood are now just 2.5% off their peaks from 2007. Read more
Chicago is the most affordable housing market in the country. That's according to a just-released study from ZipRealty that looked at 30 metro areas and determined home affordability based on a market's median home sales price and median household income. The study found the best real estate bargains in the U.S. are found east of Read more
It was a strong first two months of the year for the metro Chicago luxury real estate market. A new report revealed the number of homes that sold for at least $1 million in January and February was up 40% from a year earlier. In the seven-county region that makes up metro Chicago, there were Read more
New single-family homes in Chicago have been “selling like hot cakes,” according to a new report from Crain's Chicago Business. The big selling trend began two years ago, but things have continued to pick up steam when it comes to the city's housing market. Single-family home purchases jumped by 50% in Chicago from 2012 to Read more
Building luxury homes “on spec” in Chicago has returned with a vengeance, according to the spring issue of Michigan Avenue Magazine. The trend is the result of developers being more confident these high-end homes will quickly find buyers, and it's' with good reason: demand is booming. One developer, Ken Brinkman of Environs Development, told the Read more
While there are some universal principles when it comes to successfully selling a home, every housing market throughout the U.S. has its own unique set of circumstances. Chicago is no different. Over at the Chicago Neighborhood and City Guide, they addressed this topic in a recent blog post. It's worth sharing some of the tips Read more