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Chicago and Suburban Home Sales Keep Moving Up

The Chicago real estate market is showing signs of stabilization.
On Thursday, the Illinois Association of Realtors (IAR) reported that existing home sales went up for the 10th straight month in Chicago and throughout Illinois.
According to IAR’s latest report, there were 2,526 total home sales in June 2010 in the city of Chicago; that’s a 27.5 [...]

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Construction Activity Saw Largest Increase in Almost 10 Years

The hardest-hit sector of the real estate industry is showing signs of improvement.
The U.S. Census Bureau of the Department of Commerce on Tuesday announced that construction spending throughout the nation in April 2010 rose by 2.7 percent to an annual rate of $869.1 billion compared to March.
That’s the largest one-month increase since August 2000. To [...]

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Web Site Upgrade Makes Virtual Home Tour Better Than Reality

Remember the olden days, when the only way to see an open house was to make an appointment and walk around it? Today, through web sites such as FloorPlanOnline (FPO), you can virtually tour houses from your own home on your computer. And now, an upgrade of that web site takes the virtual tour even [...]

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Home Prices in Illinois Finally Inching Up

Good news about the Illinois and Chicago real estate market is so nice, isn’t it? Well, here is some more, and it happens to be the news we’ve been waiting for.
Each month this year we’ve reported on an increase in sales, and April was no different. According to the Illinois Association of REALTORS, 10,323 Illinois [...]

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College Quiz: In Which City is the Best to Live for Recent Grads?

There’s a book that ranks the best top 10 cities for recent college graduates. Take a guess as to what city got the top spot.
You’re right, it’s Chicago.
The authors of “Gradspot.com’s Guide to Life After College” gave our fare city the Gradspot.com rating of 95 points out of a possible 100, focusing on our housing, [...]