Chicago housing market


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(iStock)

Chicago mortgage refis soared in 2020

The Chicago housing market ended 2020 on a high note, a trend that also helped boost mortgage refinancings. Just over 183,500 mortgage refis were recorded in the Chicago area last year, twice the number...

Chicago mortgage refis soared in 2020
Michael Jordan’s 32,000-square-foot mansion in Highland Park has been on the market for nearly a decade. (Getty, Google Maps)

Michael Jordan’s $1M property tax albatross

Nearly a decade after Michael Jordan listed his Highland Park castle, it’s still on the market, and has cost...

Michael Jordan’s $1M property tax albatross
(iStock)

Gone in no time: Chicago homes sales speed up

They’re not exactly gone in 60 seconds, but Chicago-area homes are selling a lot quicker than they did last...

Gone in no time: Chicago homes sales speed up
(iStock, Wikipedia Commons/Illustration by Alexis Manrodt for The Real Deal)

Chicago’s agent count jumps as home sales rise

The number of newly licensed Chicago residential brokers has been on the rise, fueled by a hot Chicago housing...

Chicago’s agent count jumps as home sales rise
Alderman Byron Sigcho-Lopez, at left, supported the measure to limit single-family development near the 606 and parts of Pilsen, while Alderman Raymond Lopez opposed it. (Facebook via Sigcho-Lopez and Lopez respectfully)

City Council takes aim at gentrification

 Ever since the 606 opened in 2015, home prices and rents near the trail and in the area have risen sharply. Some elected officials and longtime residents say the trend has led to gentrification,...

City Council takes aim at gentrification
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