Chicago Real Estate News
Chicago
U.S. Home-Flipping Profits Sink to Lowest Level Since 2008 Financial Crisis as Costs Climb
Home flippers in the U.S. are seeing profits evaporate to levels not seen since the financial crisis, as surging acquisition costs squeeze margins even in traditionally hot markets.
U.S. Mortgage Delinquencies Uptick in June Amid Regional Pressures
Mortgage delinquencies in the U.S. edged slightly higher in June, driven by localized pressure points, though national levels remain historically low, according to new data from Cotality, a leading property information and analytics provider.
Zombie Foreclosures Edge Up Across U.S.
The number of empty U.S. homes stayed relatively flat in the third quarter of 2025, even as abandoned foreclosure properties -- so-called "zombies" -- ticked higher, underscoring resilience in housing demand despite lingering stress pockets, according to new data from ATTOM.
$1 Trillion in Data Center Development Underway Through 2030
North America's data center colocation market is straining under unprecedented demand, with vacancy rates plunging to just 2.3%, according to JLL's North America Data Center Report - Midyear 2025.
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