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By Sheldon Salnick
Buyers Primarily Purchasing Luxury Chicago Condos with Cash For the second consecutive month, cash buyers were the stars of the show when it came to luxury Chicago condo sales.
By Sheldon Salnick
Chicago is No. 1 for Tallest Buildings in U.S. with Residential Condos Going up? When it comes to high-rise living, Chicago certainly is. The Wall Street Journal recently highlighted the 10 tallest buildings in the U.S.
By Sheldon Salnick
When it comes to luxury real estate in Chicago, it seems the next big thing is always right around the corner—a smarter home technology, the trend du jour, or a device that promises to take luxury living to the next level.
By Sheldon Salnick
The right property for an art collector is often unique. It should be somewhat of a blank canvas, with high ceilings that allow for large-scale pieces; it should be a space that can protect pieces from bright sunlight; and many include architectural...
By Sheldon Salnick
Much like last month’s condo market, Chicago single-family home sales paid no attention to the weather in January, bringing in another strong month with luxury sales (homes $1 million an up) totaling $55 million.
By Sheldon Salnick
One of the best things about luxury living in Chicago is that it’s not just an address, a beautiful building, or a spectacular view (thought it is, often, all of those things as well). Luxury real estate in Chicago is a way of life.
By Sheldon Salnick
There’s been a fairly obvious trend we’ve seen in recent months among Chicago condo sales—buyers are gravitating toward new or newer properties in a great location with spectacular views.
By Sheldon Salnick
Each month we’re able to see any trends associated with the previous month’s top condo sales and gain some insight into what buyers are looking for. Sometimes it’s new construction, or proximity to great schools, or summer-worthy outdoor space.
By Sheldon Chicago
Chicago isn't short on options when it comes to luxury real estate in the city.
By Sheldon Chicago
There’s plenty of things to consider when shopping for a home. From the proximity to schools, the size of the property, the potential resale value—the list goes on and on.
By Sheldon Salnick
The continued improvement in the Chicago real estate market has also improved buyers’ ability to purchase a luxury home, thanks to loosened lending standards among jumbo mortgages.
By Sheldon Salnick
I’ve written before that having an offer accepted on a home purchase often isn’t as simple as getting the keys in your hand.
By Sheldon Salnick
August was a terrific month for condo sales among some of my favorite buildings in the city. One is 30 West Oak,—and judging by last month’s Chicago condo sales, I’m not the only one.
By Sheldon Salnick
High-end homes in the Chicago real estate market have come off of the housing slowdown somewhat unscathed, but luxury properties have been selling especially well in recent months.
By Sheldon Salnick
Chicago has no shortage of “it” neighborhoods—from Bucktown to River North, the Gold Coast to Lincoln Park, these are communities rife with great real estate and things to do, particular for the young professional crowd.
By Sheldon Salnick
Making a real estate purchase is nothing if not exciting—the anticipation of the deal, the clock-watching as things move through escrow, and the promise of a fresh, new space at the end of it are all a part of the exhilaration.
By Sheldon Salnick
One might argue that the “downside” to condominium living is the lack of space, compared to what you might find in a single-family home in a residential neighborhood.
By Sheldon Salnick
Looking at last month’s sales number for homes sold on the Chicago real estate market, there’s an interesting shift in the properties that closed.
By Sheldon Salnick
This week we discussed the competition many buyers are facing when purchasing a Chicago home for sale.
By Sheldon Salnick
This summer, we’ve seen a swift change in the game when it comes to Chicago real estate.
By Sheldon Salnick
It’s not uncommon for new homebuyers to bring in a second opinion–parents, siblings, friends who have been through the process often weigh in at some point during the purchase process.
By Sheldon Salnick
Trends certainly come and go in Chicago real estate, but there is one lifestyle change that everyone seems to be adopting: one spectacular kitchen space.
By Sheldon Salnick
When we talk about luxury real estate, it’s often about the price tag–properties priced at $1 million and above. But true luxury homes are all about the details that set them apart from anything else on the market.
By Sheldon Salnick
Luxury is a word we hear often in Chicago real estate, but what is the true meaning when it comes to what goes into a home?
By Sheldon Salnick
As home prices and the number of sold Chicago homes continues to rise each month, another metric is moving on up as well: mortgage rates.
By Sheldon Salnick
The old adage rings true once again: when it comes to real estate, it’s all about location, location, location.
By Sheldon Salnick
I’ve made the comparison before between the real estate market and the stock market–while we think of the latter and being able to turn on a dime, the real estate market can certainly do the same.
By Sheldon Salnick
Although the luxury Chicago real estate market is continuing to charge forward, the month of March saw 27 luxury homes sold, with prices ranging from $1 million up to $2.5 million.
By Sheldon Salnick
March was good to Chicago real estate, with Chicago Magazine just declaring it an “awesome” month for the market.
By Sheldon Salnick
An increasing demand for luxury real estate in Chicago could quickly turn the market in favor of sellers, according to a recent report from the Institute for Luxury Home Marketing.

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