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Mild Winter Accounts for Lower New-Home Sales

U.S. new-home sales fell slightly last month, and you can put the blame on housing hurdles and the weather. The sales of newly built, single-family homes dropped 1.6 percent to a seasonally adjusted annual rate of 313,000 units in February, according to new data released by HUD and the U.S. Commerce Department. “To some extent, [...]

Remodeling Industry Alive Around Chicagoland

Chicago real estate owners may not be moving in droves, but they sure are renovating: Cook County has the second-highest total estimated spending on home remodeling in the country. According to the National Association of Home Builders (NAHB), residents of Cook County spend $4.1 billion a year in total county remodeling expenditures. The average value [...]

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Future Looking Brighter for New Construction

U.S. housing starts dropped last month, though not in the region in which Chicago real estate lies. According to figures released Tuesday from the U.S. Commerce Department, nationwide housing starts fell 1.1 percent in February to a seasonally adjusted annual rate of 698,000 units. The Midwest had the biggest increase in housing starts for the [...]

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Registration Open for the 2012 National Green Building Conference and Expo

Register now to get early bird rates for the 2012 National Green Building Conference and Expo. The conference, which will be held in Nashville later this spring, will offer education sessions and classes, green building tours and exhibits on all things green building! The conference is perfect for builders, remodelers, architects and any other building [...]

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New-Home Sales Start Year Flat

The sale of newly built, single-family homes fell ever so slightly last month, and the decline could be attributed most to the region in which Chicago real estate lies. New-home sales in January fell by 0.9 percent to a seasonally adjusted annual pace of 321,000 units, according to data released from the U.S. Commerce Department. [...]