Archive for Chicago economy

Register Now for the SSHBA March Membership Meeting

Reserve your seats today for the Southwest Suburban Home Builders Association’s (SSHBA) March General Membership meeting on Thursday, March 19 at the Ruffled Feathers Golf Club in Lemont, Illinois. The event  will feature a discussion on the 2015 housing market forecast by the National Association of Home Builders’ chief economist and senior vice president, Dr. [Read More]

March 03, 2015 | Author: Mitch Levinson | Comments: (0) | Categories: Economy, Events, SSHBA

Chicago Home Sales Continue Climb

Sales of existing single-family homes and condominiums in the Chicago real estate market continued to handily beat their year-ago comparisons in August, but median prices fell for the second consecutive month since peaking in June.

September 22, 2013 | Author: Chicago Tribune | Comments: Comments Off on Chicago Home Sales Continue Climb | Categories: Chicago Real Estate News, City of Chicago, Economy AOI

Home Sales, Prices in Chicago, 9-County Area Encouraging

Fast market times are one facet of a local housing market turnaround whose pace has surprised economists as well as real estate agents Lindsay and Glenn Fuller’s three-month quest to move from their Naperville “starter” house to a “forever” home involved looking at more than 40 properties, having an above-list-price offer rejected and raising their [Read More]

July 30, 2013 | Author: Chicago Tribune | Comments: Comments Off on Home Sales, Prices in Chicago, 9-County Area Encouraging | Categories: Chicago Real Estate News, City of Chicago, Economy, Economy AOI

Rent Outpaces Home Price Game for Homes in Chicago

It’s time to be looking for somewhere to buy, not rent for homes in the Chicagoland area! That’s because the rent is rising across the Chicago metro area; year over year, rent has jumped up 5.6 percent, which is more than double the national average of 2.4 percent, according to a new study by Trulia. [Read More]

May 21, 2013 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, City of Chicago, Economy, Economy AOI, Featured

Home Sales in Chicago Speeding Up

You won’t believe some of the amazing stories we are hearing about lightning-fast home deals when it comes to real estate in Chicago! Even with 40.8 percent fewer homes on the market in January 2013 than January 2012 and home prices edging up a little, you don’t expect to hear of deals like: A townhome [Read More]

March 20, 2013 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Economy, Economy AOI

Supercomputing Labs May Add Further Growth to the West Loop

It’s no secret that the River North neighborhood has become a technological hot spot, and it looks as if the West Loop may soon be following suit. Developers of the University of Illinois UILabs, which will offer working space for digital and technology entrepreneurs, have their sights set on the West Loop neighborhood. The founders [Read More]

February 05, 2013 | Author: Jessica Thom | Comments: (0) | Categories: Chicago Real Estate News, Economy

Cook County Vacancy Rates at Four Year Low

Recently, there’s been a positive buzz surrounding the outlook of commercial Cook County real estate. Property prices are almost at pre-recession levels, and investors are showing more interest in the Chicago area. Now more good news shows that Chicago area industrial buildings are at their lowest vacancy rate in four years. The high occupancy rate [Read More]

November 03, 2012 | Author: Jessica Thom | Comments: (0) | Categories: Chicago Real Estate News, City of Chicago, Cook County, Economy, Locations
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