Archive for Single Family Homes
Chicago New Homes Construction Expected to Rise in 2013
Construction is surging forward this year, and residential projects are attributed to the 7.4 percent expected rise in construction contract volume for 2013. Contracts for Chicago-area residential and commercial construction totaled $1.3 billion in the first quarter, up 19.3 percent from a year earlier, according to a new article in Chicago Real Estate Daily. Following [Read More]
New Single Family Home Sales Rise in March
In even more good news for the Chicago real estate recovery, new single family home sales rose 1.5 percent to a seasonally adjusted annual rate of 417,000 units in March, according to recent data from HUD and the U.S. Census Bureau. “This is the second-best sales number we’ve seen since early 2010, and a good [Read More]
Chicago’s First Passive House Just Completed in River Forest
Chicago’s first Certified Passive House has been completed by Weiss Building & Development. This is the 28th Passive House in the U.S., and it shows how efficient a home can be without the necessity of expensive equipment. Architect and Certified Passive House Consultant Tom Bassett of Dilley Architects designed the 3,600 square foot home in [Read More]
Spruce up your McHenry Real Estate at Home and Garden Show
Now that you have purchased McHenry real estate, it’s time to enjoy the fun part, decorating! If you are looking for something new to spruce up your interiors and exteriors, then stop by the McHenry County Home and Garden Expo this weekend. From 10:00 a.m. to 5:00 p.m. on Saturday, May 11, and Sunday, May [Read More]
2012 Saw Increased Closings and Prices for New Homes in Chicago
Housing in Chicago is gaining ground, according to a new report from Housing Intelligence, closings in the city rose in December. Closings increased 4.6 percent from a year earlier to 482, and a total of 4,779 new homes were sold during 2012 according to final numbers in December. The average price for new homes rose in December [Read More]
Chicago Real Estate Enjoys Busiest March in Five Years
March was a real winner for Chicago real estate with nearly 1,900 existing single-family homes and condominiums sold; this makes it the busiest March since the boom times of 2008, according to the Chicago Tribune. And, while sales are rising, so are prices. Prices have experienced a 9 percent rise from last year, meaning the [Read More]
