With most of the 1,200 luxury units costing more than $1 million, the Chicago Spire may be too big to just be sold to well-heeled residents of the Chicagoland region.
The developer, Shelbourne Development, is concentrating much of its sales efforts in countries around the world. Whether it’s an oil magnate in Russia, or a finance […]
Archive for May, 2008
The Chicago Spire brings in foreign buyers
Published May 31st, 2008 in News, Downtown and Real Estate.Avondale sales screech to a halt
Published May 31st, 2008 in News, Neighborhoods and Homes for Sale.Avondale was one of several Chicago neighborhoods to see a significant drop in sales of single-family homes during the first quarter. The neighborhood suffered its worst first quarter in more than 17 years.
According to sales data from the Chicago Association of Realtors, a total of just 5 single-family homes were sold in the neighborhood during […]
New home sales rise in April The national real estate market was surprised by an increase in the number of new single-family homes sold around the country in April. The Commerce Department released sales data for the entire country on Tuesday.
According to the data, sales of new homes in April rose by 3.3 percent. However, […]
Chicago Spire brings 1,300 luxury condominiums to downtown Chicago
Published May 28th, 2008 in Downtown and Real Estate.The Chicago real estate market is seeing a lot of new ultra luxurious developments underway in the Loop and the Near North Side. High-profile projects such as the Trump International Tower and Hotel and Mandarin Oriental are pushing prices up in the area and attracting buyers from around the world.
However, perhaps the most famous project […]
Dunning first quarter sales update
Published May 28th, 2008 in News, Neighborhoods and Homes for Sale.Sales of single-family homes continue to suffer around the Chicagoland region. Dunning was one of many neighborhoods to see a drop in demand for homes during the first quarter. It was the third straight year of declining sales for the neighborhood.
According to data from the Chicago Association of Realtors, a total of just 35 units […]