Morning Minute: New home construction picking up in the Chicago area

Roof Walk

Chicago area home construction is up 5.6 percent annually through the second quarter of this year, according to a recent study by the housing research company Metrostudy, the Chicago Tribune reports today in the article, “Chicago-area housing construction at a seven-year high, study says.” Low inventory has been an issue in the housing market recovery. Read the article to learn more about the economic factors affecting homebuilding trends.

In other headlines:

What Is My Home Worth? What Every Owner Should Know – Realtor.com

CoreLogic Reports 38,000 Completed Foreclosures in June 2016 – CoreLogic

Bright future seen in 55+ housing market – Consumer Affairs

 

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *