In the neighborhood news category, Armitage Avenue between Bucktown and Logan Square is on tap to see a new mixed-use development just east of California.
Eco Development is planning a four-story building to replace a defunct manufacturing building at 2701 W. Armitage. It would include 59 rental apartments and 10,000 square feet of retail space.
For more on the project, head over to Curbed Chicago here.
Rendering via Curbed.
The latest report from CoreLogic shows that home prices for the last fifteen months have shown steady, but not soaring price increases, indicating that the boom and bust cycle has moderated.
In September, Chicago home prices rose 3.7 percent year-over-year while the statewide increase was 3.8. CoreLogic describes that growth level as steady and sustainable.
For more, head over to Chicago Agent Magazine here.
New construction activity in Chicagoland is at a seven-year high, according to a report from Metro Survey.
A total of 6,143 new units, including single-family houses, townhouses and duplexes were started in the 12-month period ending in the third quarter of 2015, up 7.6 percent over the previous quarter.
For more, head over to Chicago Agent Magazine here.
With the recent news that new construction is at its highest level since 2008, it's a good time to look at which markets are doing the best in Chicagoland.
In the seven-county area, Will County leads the way with 1,180 housing starts in the third quarter of 2015. Kane County was close behind with 1,034 and Cook County in third with 773.
The three leaders were ahead convincingly - the county in fourth, Lake County, had 440 housing starts.
For more, head over to Chicago Agent Magazine here.