This generation has been sitting on the sidelines of the real estate market for quite some time. Many have speculated that it could be an overarching fear of commitment or just simply a lack of funds, but whatever it is that was causing Millennials to shy away from buying homes, it seems to have changed. New data from Realtor.com suggests that Millennials will make up the bulk of homebuyers in 2016 throughout the country, and that appears to be the case here in Chicago as well. Last fall, those between the ages of 25 and 34 took out over 40% of new home mortgages, signalling that 2016 could be a big year for this group of young adults. 

What’s Pushing Millennials To Buy Chicago Real Estate?

As a whole, Millennials are starting to pay down their

The Parker 60614 | NORTH CLYBOURN GROUP

As if Chicago’s condo market wasn’t already exciting enough, a new development has already broken ground to add 53 new condos along Ashland Ave in Lincoln Park. Popular suburban developer, C3 (Chicago Condo Collection), will redevelop 18 residential lots to accommodate the new buildings, which are said to be an urban refuge where practicality, sophistication, and glamor unite. The development is considered to be one of the largest active developments of its kind in this area.

Condos Designed For Refined Urban Living

What’s especially appealing about these new spaces is that they’re designed to break the mold of traditional condominiums. What would typically be one, large, comprehensive building, will