For-sale new construction is back – and it’s in high demand. The rebound comes with an improving economy, low supply of existing homes, and buyers’ thirst for contemporary floor plans, upscale amenities and custom finishes. At @properties, we’ve been keeping a close eye on the new construction market, and the outlook is increasingly positive. Continue reading
Despite a slow start, 2014 is proving to be an eventful year for housing. Here at @properties, we’ve been keeping a close watch on local market conditions, and all signs point to a very busy second half of the year. Let’s take a closer look at some first half highlights and what to expect this summer and fall:
Crain’s Chicago Business reporter Dennis Rodkin writes that Old Irving Park is emerging as a “new hot spot for homebuilders” as residential construction and renovation activity picks up steam in the neighborhood. Rodkin reports that at least a dozen homes are under construction or in the process of being rehabbed in the area, including the home of Ted Squires and Ranya Verson. Squires and Verson’s broker, @properties’ own Derek Disera, weighs in on the flurry of activity he’s seeing in the area. Click here to read the article.
2013 was an exciting year for housing as record low interest rates, tight inventory and rising home prices helped bolster the market’s recovery. So what housing trends can prospective home buyers and sellers expect this year?
Has anyone actually made money buying and then selling a home in the past five years?
Crain’s Chicago Business did some digging and digging…and digging, and found a handful of Chicagoans who bucked falling home prices and managed to turn a profit.
@properties’ Jeanine Wheeler and Brooke Vanderbok were there to see it all go down…or up.
Read more on Crain’s Chicago: A fortunate few home sellers defy the real estate slide.
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