The western suburbs of Chicago have a pricing fault line, and it runs right through the $350,000 mark. Below it, multiple-offer situations and bidding wars still define the experience for buyers. Above it, the market loosens considerably – and the dynamics, negotiation tactics, and buyer psychology shift with it. That split is shaping strategy for ...
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Illinois Real Estate News,
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We interview the verified agents, lenders, and operators working Illinois, county by county, town by town, and report what they tell us first-hand.
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On the hillside lots of West Los Angeles and the South Bay, the backyard a homeowner wants and the backyard a site will allow are often two different things. Increasingly, what can be permitted and built on a particular lot shapes the design before aesthetics enter the conversation. In-ground pools and spas show this most ...
Finding a single-family home under $350,000 in Lombard, a western suburb of Chicago, is now nearly impossible, according to Angie Corcione, who leads The COR Team at Fulton Grace Realty and has spent nearly 30 years in the western suburbs market. That price floor, which not long ago marked a comfortable entry point for first-time ...
In parts of the Midwest where the housing market still favors sellers, a split is emerging that has less to do with location than with condition. Two houses can sit side by side in the same neighborhood, built around the same time, and sell at noticeably different prices. The difference, according to Jean Lewis, who ...
In small towns where the housing stock is old and buyers are stretching to qualify, a deal’s success often depends on whether the seller is willing to pitch in on repairs. In Chester, Illinois, a Randolph County town where most homes were built decades ago and new construction is scarce, that willingness is now the ...
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A wave of new condo developments is changing the skyline of West Palm Beach, Florida, and buyers are moving quickly. Some projects are nearly sold out, while others are just getting underway. For anyone considering a purchase, it helps to know who is buying, what is drawing them, and what to check before committing to ...
In Morris County New Jersey’s commuter towns, buyers often take part in several competitive bidding opportunities before securing a home – extending what was once a weeks-long engagement with an agent into a relationship that can last two or three years. That duration is reshaping what the job requires, according to Scott Spelker, an agent ...
Shoppers can pull up nearly every resale home in a market from a single search. New construction is different, and that gap shapes what buyers and agents can actually see. Scattered by Design Unlike resale, new-construction inventory tends to live in many separate places. Each builder generally markets its own homes on its own website, ...
When Anthony Burr launched Safety Pickets, he expected builders to be his main customers. The concreter turned founder designed his patented, reusable steel cap for star pickets, the steel posts Americans usually call T-posts, after years of watching plastic caps break and fly off housing sites. Then civil and infrastructure crews started calling. Their reasons ...
Small homebuilders in the Raleigh metro area are losing ground at the bottom of the market, and the reason is cost, not demand. Large national homebuilders have a cost advantage that no small operator can match: the purchasing power that comes with building hundreds or thousands of homes a year. For a 15-home-a-year operation competing ...
Buyers in Georgetown, Texas, and across Williamson County have plenty of new construction to choose from right now. According to Realtor Tanya Kerr of T Kerr Property Group, builder incentives are giving new homes a clear edge over many resale listings, but buyers need to look past the advertised monthly payment before deciding. Many buyers ...
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