{"id":16,"date":"2026-09-17T17:00:00","date_gmt":"2026-09-17T17:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/tamikammarks-realtor\/2026\/09\/17\/house-prices-jump-in-illinois-amid-slow-pace-of-new-construction\/"},"modified":"2026-09-17T17:00:00","modified_gmt":"2026-09-17T17:00:00","slug":"house-prices-jump-in-illinois-amid-slow-pace-of-new-construction","status":"publish","type":"post","link":"https:\/\/www.tamikammarks.realtor\/blog\/2026\/09\/17\/house-prices-jump-in-illinois-amid-slow-pace-of-new-construction\/","title":{"rendered":"House Prices Jump in Illinois Amid Slow Pace of New Construction"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Chicago\u2019s real estate market is on the move\u2014median home prices have leapt 13.3% to $425,000, driven by a tight housing supply that just isn\u2019t keeping up. As someone who\u2019s guided clients through every kind of residential transaction, I see firsthand how the shortage of new construction is shaping our city. To truly meet demand, we\u2019d need to triple the current pace of building\u2014no small feat with outdated codes, permit backlogs, and infrastructure challenges slowing things down. City leaders are now working on reforms to open the door for more affordable middle housing, which could be a real game-changer for buyers and sellers alike. After 21 years in Chicago real estate, I know the importance of creative solutions in a dynamic market like ours.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/news.wttw.com\/2026\/08\/20\/house-prices-jump-illinois-amid-slow-pace-new-construction\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chicago\u2019s real estate market is on the move\u2014median home prices have leapt 13.3% to $425,000, driven by a tight housing supply that just isn\u2019t keeping up. As someone who\u2019s guided clients through every kind of residential transaction, I see firsthand how the shortage of new construction is shaping our city. To truly meet demand, we\u2019d [&hellip;]<\/p>\n","protected":false},"author":396,"featured_media":40,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/posts\/16","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/comments?post=16"}],"version-history":[{"count":0,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/posts\/16\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/media\/40"}],"wp:attachment":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/media?parent=16"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/categories?post=16"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/tags?post=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}