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Single-Family Homes Increase, Multifamily Home Construction Decreases

National Association of Home Builders (NAHB) has good news for buyers interested in Chicago new homes! Single-family home production rose 4.4 percent in December according to the U.S. Commerce Department. This means an additional 470,000 homes are being constructed across the country. This increase is the third consecutive increase in single-family home construction, making it [...]

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Rental Demand Spurs New Construction

Yesterday, Chicago Real Estate Forum shared some positive news about builder confidence in the market for newly built, single-family homes. Today, the good news continues. According to figures released by the Commerce Department on Wednesday, housing starts across the country increased 15 percent in September, the strongest pace of residential construction since April of 2010. [...]

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Award-Winning Development Replaces Chicago Public Housing

Two very different plots of Chicago real estate have been chosen as multifamily projects of the year. Multifamily Executive Magazine held its 2011 MFE Awards program in Las Vegas on October 4, presenting more than 40 awards recognizing projects, programs and people in 18 categories. One of those awards went to a luxury apartment building [...]

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Chicago Real Estate to be EnVied

Two very different plots of Chicago real estate have been chosen as multifamily projects of the year. Multifamily Executive Magazine held its 2011 MFE Awards program in Las Vegas on October 4, presenting more than 40 awards recognizing projects, programs and people in 18 categories. One of those awards went to a mixed-income community in [...]

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Multifamily Chicago Real Estate First to Earn Green

A luxury Chicago real estate apartment community has earned the city’s first multifamily LEED EB Silver certification from the U.S. Green Building Council. One East Delaware (OED), at North State Street and East Delaware in Chicago’s prestigious Gold Coast neighborhood, is now the third largest community in the country to earn this certification. Owned by [...]