Local News

Real estate news in Chicagoland

Underwater homes down in Miami metro
Underwater homes down in Miami metro

Nationally, homeowners with mortgages saw their home equity increase by 16.2% year-over-year from the fourth quarter of 2019.

Florida jumps three spots to make top 10 in 2021 best states list
Florida jumps three spots to make top 10 in 2021 best states list

It also ranks among the top five states in education and among the top 10 states in the economy and fiscal stability categories.

Community Redevelopment targets Miami for new housing
Community Redevelopment targets Miami for new housing

The plans aim to bring affordable housing and commercial space to underserved areas.

Miami ranked 7th most in-demand city based on 2020 mortgage loans
Miami ranked 7th most in-demand city based on 2020 mortgage loans

The mortgage lender looked at the average salaries of successful applicants in each city, their average FICO credit scores, the average size of their loan requests and the median list price for that location.

Douglas Elliman launches new ad campaign with celebrity and influencer agents
Douglas Elliman launches new ad campaign with celebrity and influencer agents

Douglas Elliman has enlisted dozens of celebrity and influencer agents for its new advertising campaign launching in next month.

FORTUNE names Lennar Homes nation’s Most Admired Homebuilder
FORTUNE names Lennar Homes nation’s Most Admired Homebuilder

This annual survey is conducted by FORTUNE and Korn Ferry, a global consulting firm that identifies the companies that have the strongest reputations within their industry and across industries. 

Waterfront estate on Hibiscus Island sells for $6 million
Waterfront estate on Hibiscus Island sells for $6 million

The purchase expands buyers’ primary residence to a total of 1.25 acres on Miami Beach.

New construction home fetches $4.56 million in Pinecrest
New construction home fetches $4.56 million in Pinecrest

This home has all the bells and whistles. It is a tropical modern estate with 7 beds, 7 baths and 7,994-sq. feet of interior space and a 37,461 sq. foot gated lot.

Brickell condo sales and re-sales on the rise
Brickell condo sales and re-sales on the rise

Brickell is fast becoming the most popular area for condo sales in the Miami area.

Miami rent prices up slightly in 2020
Miami rent prices up slightly in 2020

“In the final months of 2020, single-family rents posted the highest increases in over four years,” said Molly Boesel, principal economist at CoreLogic. “However, single-family rent price reaction to the pandemic and resulting recession differed greatly across metros.”

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