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Channel: New Construction – The MG Group | Chicago Real Estate
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Mario Greco in Crain’s Chicago Business

Chicago Real Estate Daily Lakeview leads city in teardowns by Dennis Rodkin On the 3700 block of North Greenview Avenue, construction is under way on a house with five bedrooms, five baths and a...

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Distressed Properties Increasing in Value Across the Chicago Market

Guess which homes are seeing some of the highest price increases in Chicago’s residential housing market?   Distressed homes, those either in foreclosure or being sold as short sales.   Crain’s Chicago...

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Biggest Apartment Projects of 2015 Add Nearly 2,800 New Units to Chicago’s...

Guest blog by Georgiana Mihaila of RENTCafé While in 2014 apartment buildings with 50 units or more have delivered an impressive total of 4,000 new apartments to the Chicago rental inventory, recent...

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A Busy Time for Home Flippers in Chicago

Home flippers were especially busy in Chicago last year, according to a recent feature story from Crain’s Chicago Business.   The story, citing numbers from RealtyTrac, reported that 5,351 Chicago-area...

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Freddie Mac Official: Housing Set for Big Year in 2016

Plenty of economists are predicting good things for the U.S. housing market for the rest of 2016, including Freddie Mac deputy chief economist Len Kiefer.   In a recent post on the Freddie Mac website,...

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A Look at the Condo Building Boom in Chicago

It’s always nice when the national media pay attention to the Chicago real estate market. And that happened recently, when Forbes magazine ran a feature story last month highlighting the strengthening...

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Housing Starts Rise to Impressive Levels in December

If you want to gauge the health of the country’s housing market, a good place to look is at housing starts. This stat charts how many new home builders started construction on during a given month....

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Construction of New Homes Picks Up

Home builders look set for a strong 2017, according to the latest numbers from the U.S. Commerce Department. And that’s good news for the housing industry as a whole.   When new housing starts are on...

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New Home Market Rising in Chicago

Last year was a strong one for the sale of new homes. In fact, according to a recent story by the Chicago Tribune, 2016 ranked as the best year for new home sales since the housing crash in 2008. The...

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Looking For an Eclectic, Fun Neighborhood? Chicago’s Logan Square a Good Fit

One of the things I like most about Chicago is its many neighborhoods, all with their own character. There are neighborhoods that are perfect for families and others that appeal to younger homeowners...

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Another new condo project providing a boost to downtown Chicago

Demand for condos in the neighborhoods in and around downtown Chicago remains strong. As more proof of this, check out this story by Crain’s Chicago Business. It will give you a first look at a new...

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