Expert INSIGHTS Into Chicago Real Estate Market Trends For 2025 episode artwork

EPISODE · Apr 23, 2025 · 49 MIN

Expert INSIGHTS Into Chicago Real Estate Market Trends For 2025

from Chicago Real Estate Insider with Amanda McMillan · host Amanda McMillan

Why can’t we just build more homes in Chicago and how has the city made it nearly impossible for developers to build here?In this episode, I sit down with Zev Salomon, one of the city’s top new construction developers, and Kevin Van Eck of @properties to unpack why Chicago’s zoning laws, city ordinances, and political red tape are some of the biggest roadblocks to solving our housing crisis.🏗️ Zev pulls back the curtain on just how difficult it is to get a shovel in the ground in Chicago. From density restrictions and affordable housing mandates to months-long aldermanic approval processes and NIMBY opposition, we break down why building more homes is no simple task—and how these barriers are driving developers away from Chicago altogether.🏡 We also discuss which types of new construction are actually succeeding, why affordability remains out of reach for many, and how the housing shortage is impacting every level of the market—from luxury buyers to first-time home seekers.🚛 In the second half, Kevin shares how @properties’ relocation network and Christie's International affiliation are empowering buyers and sellers to move smarter—whether across town or across the globe.📌 Key Topics Covered:* How Chicago’s zoning and ordinances are stalling new development* The high cost of affordable housing requirements* Why developers are leaving Chicago for less restrictive markets* What relocation services offer buyers and sellers moving to/from Chicago* Real estate predictions for 2025If you’ve ever wondered why inventory is so tight in Chicago—or what it takes to actually build new homes here—this episode is for you.🟦 About Are you a first-time Chicago homebuyer, homeowner, or real estate investor? Subscribe to our channel for a front-row seat to current Chicago market trends, local influences on home values, financing tips, and strategies for making SMART real estate moves. As the #1 producing agent in the @properties Bucktown, Amanda is a true Chicago real estate maestro. A data enthusiast, Amanda dives deep into local, national, and financial markets to serve as both an educator and ally to Chicago's home buyers and sellers. CHICAGO REAL ESTATE ACCOLADES: - $50M+ in closed volume annually - Consistently ranked among the Top 1% of Chicago Realtors for volume & transactions - 200+ 5 star reviews on Zillow, Google, and Yelp Beyond Chicagoland, Amanda's connection with Christie's International Real Estate enables her to assist clients worldwide. Whether you're seeking luxury services, buying or selling for the first time, or investing, Amanda's expertise and support are unparalleled.

Episode metadata supplied by the publisher feed · Published Apr 23, 2025

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Expert INSIGHTS Into Chicago Real Estate Market Trends For 2025

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This episode was published on April 23, 2025.

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