Harold Willig
Sep 19, 2020
New Report Shows Some Cities Seeing Rental Price Hikes
All is not doom and gloom in the apartment rental market. While a number of large cities experienced falling rents, others continued to...
Harold Willig
Sep 18, 2020
COVID-19 Slows Apartment Construction by 12%
According to RENTcafe Blog, construction bans and crew shortages that came with COVID-19 have cut apartment construction by 12% this...
Harold Willig
Sep 12, 2020
Trump Administration EvictionPlan Has a Big Catch
The Trump administration announced a moratorium on most residential evictions through the end of the year effective Sept. 4 as the...
Harold Willig
Sep 11, 2020
Prospects Uncertain for Multifamily Units During Economic Comeback
According to Fannie Mae’s Economic & Strategic Research (ESR) Group, the U.S. economy is poised for a comeback in Q3, but big job losses...
Harold Willig
Sep 5, 2020
Industrial Spaces Are Booming in Chicago
E-commerce is booming and so demand for industrial distribution space is booming as well. Chicago’s projected to add up to 220 million...
Harold Willig
Sep 4, 2020
Amazon Becomes Chicago’s Biggest Growth Engine
Love ‘em or hate ‘em, Amazon has emerged as Chicago’s biggest growth engine this year. Their timing is perfect. Beset by the pandemic...
Harold Willig
Aug 29, 2020
Covid-19 Delays Apartment Construction in U.S.
According to a new report out of the National Multifamily Housing Council (NMHC), 57% of multifamily developers have reported delays in...
Harold Willig
Aug 28, 2020
Big Increase in New Home Sales in Chicago Suburbs
Good news for Chicagoland real estate! Spurred on by very low mortgage rates, new homes sales jumped in the second quarter in suburban...
Harold Willig
Aug 22, 2020
Illinois Has $300 Million Plan to Help Renters
Some good news for renters in Illinois. The state government announced a $300 million fund to help people who have fallen behind on their...
Harold Willig
Aug 21, 2020
Freddie Mac Predicts Weak Multi-Family Market
A new forecast from Freddie Mac Multifamily predicts that the Covid-19 pandemic will result in higher vacancy rates and lower rent growth...
