Tag Archives: chicago

Rent is falling fastest in markets that added the most new supply

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Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows. Continue reading →

The listings Inman writers couldn’t stop thinking about this year

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From a French chateau to a two-flat in Chicago, here are some listings that caught the eye of Inman’s writers this year. Continue reading →

What other cities can learn from LA’s rocky ‘mansion tax’ rollout

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LA’s new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests. Continue reading →

Mr. Beef is a mansion? Under Chicago’s proposed tax, yes

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Since its appraised value is over $1 million, the iconic Italian beef stand would incur significantly higher transfer taxes in a sale if Mayor Brandon Johnson’s proposed “mansion tax” passes next year. Continue reading →

Compass scoops up high-end SoCal boutique brokerage

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DPP Real Estate has more than 175 agents and specializes in architecturally significant properties. Moving forward, the firm will be known as DPP @ Compass. Continue reading →

‘It must have 16 cabinets’: 6 deals that died for wild and silly reasons

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Real estate agents recently revealed to Inman the most unexpected reasons they’ve lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui. Continue reading →

‘Fight it tooth and nail,’ LA agents warn as Chicago mulls mansion tax

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As Chicago Mayor Brandon Johnson narrows in on a 2.65 percent tax on purchases of properties over $1 million, luxury agents in Los Angeles offered their advice to concerned Windy City agents. Continue reading →

‘Get creative’: As inventory drops, agents dust off trusted techniques

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With sales down and inventory low, agents are combing social media, calling expireds and seeking out people with major life milestones. In other words, they’re meeting the moment with creativity. Continue reading →

Zillow rolls out AI-powered ‘super listing’ tool

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Listing Showcase is part of Zillow’s new ShowingTime+ brand and is currently available to a select group of agents that partner with the portal giant, according to the company. Continue reading →