Articles filed under Residential Real Estate
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Seller’s market: High interest rates, low inventory continue to complicate suburban housing marketDec 03, 2024 11:46 am - While many economists anticipate dropping interest rates to continue into 2025 and local Realtors are hopeful for a good start to the new year, Kane County real estate professionals don’t believe the Fed’s influence is as strong as other factors and expect current market trends to continue unless new construction picks up drastically.
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‘We just don’t see a path for this’: Second developer pulls out of Lisle projectDec 02, 2024 8:04 am - It’s back to the drawing board for the shuttered Family Square Plaza in downtown Lisle after another developer pulls out of a deal to buy the property.
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41 new single-family homes moving forward in HuntleyNov 26, 2024 10:08 am - A new subdivision with 41 single-family homes is on its way to the south and east of the Huntley Springs retirement facility.
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Apartment developer launches Yorktown mall project; first phase calls for 271 unitsNov 21, 2024 3:32 pm - Going into the busy holiday shopping season, visitors to Yorktown Center are seeing visible progress on a project to revitalize the Lombard mall.
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Group home conversions adding to options for assisted living in the suburbsNov 18, 2024 8:11 pm - The conversion of single-family houses into group homes in residential neighborhoods throughout the suburbs is becoming a popular alternative to traditional institutional living arrangements for for both non-profits and businesses serving elderly and disabled clients.
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Trump’s economic agenda for his second term is clouding the outlook for mortgage ratesNov 17, 2024 5:29 am - Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.
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Roosevelt Road offices could get new life as apartments near downtown WheatonNov 15, 2024 11:33 am - A year after Wheaton city council members rejected a plan to turn Roosevelt Road office space into apartments, a different developer is expected to get approval for an office-to-residential project on the property.
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Rental townhouses proposed as another aspect of Hawthorn 2.0 redevelopmentNov 11, 2024 9:19 pm - A new residential element is being proposed as part of the ongoing transformation of the Hawthorn mall property in Vernon Hills.
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Naperville backs affordable housing developmentNov 09, 2024 11:02 am - Naperville City Council members this week unanimously approved an affordable housing development for senior citizens and adults with intellectual and developmental disabilities.
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Schaumburg plan commission rejects plan to convert single-family house into senior group homeNov 07, 2024 3:48 pm - Developers of a proposal to convert a single-family house in Schaumburg into a senior group home presented additional information to the village’s plan commission Thursday, but will still head to the village board Dec. 10 with a recommendation to deny.