Urban Real Estate

2016

  • From Decluttering to Burning Calories with DIY Projects, Make Your Home's 2017 Resolutions

    From Decluttering to Burning Calories with DIY Projects, Make Your Home's 2017 Resolutions
    Wednesday, December 28, 2016
    While the new year is generally the annual signal for many to get back into the gym or to resolve to otherwise improve themselves, often times, the simplest items to add to the list are overlooked... and your home deserves its new year's resolutions, too! Check out this thought-provoking list of the Top 10 New Year's Resolutions for Your Home from HouseLogic.com
    Read more
  • Urban Partner Matt Silver's Cover Story as President of Trade Association

    Urban Partner Matt Silver's Cover Story as President of Trade Association
    Urban proudly celebrates partner Matt Silver and his installation as president of real estate trade organization, Chicago Association of REALTORS. Learn more about Matt, and his vision for where the industry's opportunities are to thrive in 2017 in this issue of CR Magazine
    Read more
  • Urban Salutes Kelly Smith and the Cystic Fibrosis Foundation's Winning Fundraiser

    Urban Salutes Kelly Smith and the Cystic Fibrosis Foundation's Winning Fundraiser
    Tuesday, November 29, 2016
    Kelly Smith, partner with Urban Real Estate, was a proud sponsor of the Chicago Chapter of the Cystic Fibrosis (CF) Foundation fundraiser, “Aged to Perfection: Bourbon and Bacon”, held at Binny’s Lincoln Park Tasting Room on November 10. With approximately 250 guests in attendance, the organization raised more than $30,000 to help continue to fight the battle...
    Read more
  • December's Fastest-selling Neighborhoods

    December's Fastest-selling Neighborhoods
    Industry News
    Wednesday, January 13, 2016
    The latest numbers are in on the fastest-selling neighborhoods in the city for the month of December, 2015. The top-selling neighborhood was the Loop with a total of 59 sales and an average of 90 days on the market. Following right behind was the Near West Side with 75 sales and 91 days on the market. In third was North Center with 93 days on the market and 36 total sales. For more, head over to Chicago Agent Magazine here .
    Read more
  • Monday Real Estate Round-Up

    Monday Real Estate Round-Up
    Industry News
    Monday, January 11, 2016
    Prolific Chicago Developer Jay Michael has passed away after a long battle with cancer. He was 34. Michael was one of the partners at Cedar Street, a development company that has specialized in the rehabilitation of many classic Chicago buildings into micro-apartments. One of their most famous projects currently underway is the rehab of the Bush Temple of Music on Chicago Avenue in the Gold Coast. Michael was also a very active developer in the Uptown neighborhood...
    Read more
  • New Wolf Point Tower Opening This Month

    New Wolf Point Tower Opening This Month
    Industry News
    Friday, January 08, 2016
    The latest addition to the Chicago skyline, a 509-unit residential tower on Wolf Point, will be officially opening later this month. The 48-story tower will be one of a trio that are planned for the site just east of the Merchandise Mart. The first move-ins are scheduled for this up-coming Monday. Designed by bKL Architecture, Wold Point is a collaboration from the AFL-CIO Building Investment Trust, Hines and Magellan Development Group...
    Read more
  • Moderate Home Price Growth in Chicago

    Moderate Home Price Growth in Chicago
    Industry News
    Thursday, January 07, 2016
    Home prices continued their steady growth in November, according to the latest figures from CoreLogic. In Illinois, prices increased 2.4 percent, the same as the growth rate in Chicago. The growth rate is on pace with the national trends and another sign of a healthy market...
    Read more
  • Study: Chicago Affordable To Millennials

    Study: Chicago Affordable To Millennials
    Industry News
    Wednesday, January 06, 2016
    A recent study concludes that the city of Chicago is a relatively affordable option for Millennials looking to buy their first house. Conducted by SmartAssets, the study compared the median net worth and income of the typical Millennial to come up with a down payment and then correlated square footage that could be purchased conventionally. The news for Chicago was that Millennials' first houses could be around 1,000 square feet...
    Read more
  • Monday Real Estate Round-Up

    Monday Real Estate Round-Up
    Industry News
    Monday, January 04, 2016
    Construction is underway on the latest addition to the Near North Side. Long-time community staple City Farm will be replaced this year by 1200 N. Clybourn, a seven-story building that will include 32 market rate units, 26 affordable units and 26 public housing units with 17,000 square feet of ground floor retail. The $39 million project is a partnership between the city, Brinshore Development and Michaels Development Company. Read more at Curbed Chicago here .
    Read more
  • With Fed Rate Increase, What's Next?

    With Fed Rate Increase, What's Next?
    Thursday, December 31, 2015
    With the Fed announcing this month that it's raising its rate above zero for the first time in nearly a decade, what should consumers expect? The Chicago Tribune's Carolyn Bigda recently tackled the question with an eye out for Millennials' pocket books. Here are the likely consequences: - Credit card rates are likely to rise quickly. They usually track the Fed closely...
    Read more
  • Millennial Home Ownership Turning Around

    Millennial Home Ownership Turning Around
    Wednesday, December 30, 2015
    The latest data shows that the homeownership rates among younger adults is leveling out, perhaps hinting of a turn-around. After declining for decades, Fannie Mae reports this week that the rate of homeownership in the 24-to-34-year-old bracket has leveled out, with no significant decline in 2014. The challenges facing Millennials in home ownership include high levels of student debt coupled with stagnant wages...
    Read more