03/31/22: The hottest housing market in decades

FromCrain's Daily Gist

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03/31/22: The hottest housing market in decades

FromCrain's Daily Gist

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Length:

38 minutes

Released:

Mar 30, 2022

Format:

Podcast episode

Description

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news including how the Chicago market is the hottest since the late 1980s.

Plus: Nielsen to go private in $16 billion deal, loan trouble looms for another local mall, Goldman buys robo-adviser NextCapital and United Airlines invests in a startup to study greener jet fuel.

Released:

Mar 30, 2022

Format:

Podcast episode

Titles in the series (100)

Get a head start on tomorrow during your commute home today. Listen to our roundup of essential Chicago headlines and analysis from Crain’s reporters and host Amy Guth. Presented by Wintrust.

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05/13/21: These are Chicago’s hottest housing markets: Homes are selling fast across the region, but where are they selling the fastest? Reporter Dennis Rodkin joins host Amy Guth to discuss and recap this week's real estate news. Plus: White House enlists McDonald's to promote vaccines, Joffrey Ballet expanding to South Loop, city’s marketing chief made permanent head of World Business Chicago and a 29-story Loop office building goes back on the market. by Crain's Daily Gist
34 min listen
05/20/21: As prices explode, should you buy a home?: Low mortgage rates and a shortage of properties for sale has caused home prices to skyrocket. Do new homebuyers stand to lose money in the long run by buying in a sellers’ market? Dennis Rodkin joins host Amy Guth to recap this week’s real estate news and take listener questions. Plus: Agents group sues Allstate for multiple breaches of contract, WeWork chairman says demand for shared office space exceeds pre-pandemic levels, market research firm Ipsos reduces its downtown footprint, and Bank of America will raise minimum wage to $25 an hour. by Crain's Daily Gist
36 min listen
06/09/21: What’s the future for hotels post-pandemic?: A Gold Coast hotel for sale stands to provide clues about what investors think hotels are worth as the pandemic wanes. Commercial real estate reporter Danny Ecker discusses with host Amy Guth. Plus: Airline leaders plead to restart trans-Atlantic flights, Cook County changes its vaccination strategy to address hesitancy, insurance startup Kin raises $69 million with an investment from a PGA pro and 10 community leaders get $50K grants from the Field and Macarthur Foundations to make a difference in underserved areas. by Crain's Daily Gist
18 min listen
05/26/21: Why marijuana edibles are creating buzz: THC-infused snacks and candies are increasingly making up a huge share of total weed sales. Reporter John Pletz joins host Amy Guth to explain why Chicago’s deep roots in the food business may give local pot entrepreneurs an edge over the competition. Plus: Lightfoot administration faces more turnover, Chicago more than doubles rent relief funding, Fulton Market development sites hit the market and United Airlines launches its own vaccine lottery. by Crain's Daily Gist
17 min listen
06/01/21: How Chicago businesses are addressing calls for racial justice: A health care coalition is launching a new report card that aims to help hospitals and clinics reduce systemic racism and health disparities. Meanwhile, a real estate developer is putting money behind the mayor’s alternative plan to renaming Lake Shore Drive after Black explorer Jean Baptiste Point du Sable. Stephanie Goldberg and A.D. Quig discuss in a reporters’ roundtable with host Amy Guth. Plus: Amtrak details its big expansion plan, Rivian pushes back launch of its battery-powered truck by a month, Boeing to pay $17 million to settle FAA enforcement cases and a big film studio campus is planned for the South Side. by Crain's Daily Gist
33 min listen
05/18/21: Would waiving vaccine patents help end the pandemic?: The Biden administration unexpectedly came out in favor of suspending patent protections for COVID-19 vaccines in a move meant to boost supply in countries hard-hit by the pandemic. Health care reporter Stephanie Goldberg joins host Amy Guth to talk about why the debate over intellectual property rights isn’t as simple as it seems. Plus: A new congressional map surfaces in Springfield, Delta to require vaccines for new employees, Stellantis cuts shift at Illinois Jeep plant amid chip shortage and a WHO report says working long hours increases risk of death from heart disease and stroke. by Crain's Daily Gist
16 min listen
05/05/21: Are business leaders asking the right questions?: Good leadership means knowing when to ask questions and not answer them. Chicago Comes Back columnists Todd Connor and Emily Drake of the Collective Academy join host Amy Guth to discuss how to make the space for more meaningful workplace conversations. Plus: Illinois is aiming for a full reopening by July, complaints soared at United during COVID, Chicago pot firm plans deal to enter Virginia market and getting high on 'medicated' Skittles is no laughing matter for Mars Wrigley. by Crain's Daily Gist
33 min listen
05/11/21: What business leaders think of Chicago’s economic future: The most recent Executive Pulse Survey from Crain’s-Harris Poll finds the majority of business leaders are hopeful the economy will pick up in the next six months. Harris Poll CEO William Johnson joins host Amy Guth to discuss what’s top of mind for business owners and C-suite executives as the city opens back up. Plus: City to fund $60M in Michael Reese site infrastructure, Helmut Jahn leaves architectural legacy in Chicago and around the world, Gallagher reportedly in talks to buy Aon and Willis assets and Rush and BMO launch $10 million health equity institute. by Crain's Daily Gist
18 min listen
05/27/21: Homes are going for well over the asking price: The average home in Chicago is now selling for over 100 percent of the asking price, but home values overall are still rising slower than in other major cities. Reporter Dennis Rodkin joins host Amy Guth to explain why that’s not necessarily a bad thing in a recap of this week’s real estate news. Plus: Mayor Lightfoot unveils plan to help hard-hit businesses, Illinois House passes long-awaited weed license bill, Illinois and Discovery Partners Institute team up to monitor COVID in wastewater and the travel rebound gains steam. by Crain's Daily Gist
26 min listen
06/07/21: How businesses are preparing for a full reopening: Restaurants are getting ready for the removal of coronavirus restrictions June 11, as downtown landlords see a boost with life slowly returning to Chicago’s central business district. Reporters Alby Gallun and Ally Marotti discuss in a roundtable with host Amy Guth. Plus: Pritzker criticizes new ethics rules for state lawmakers; Staples offers $1 billion for Office Depot's consumer unit in new bid; Boeing plans to test ‘curtain of air’ to fight COVID in jet cabins and warns China that a trade impasse threatens its global sway. by Crain's Daily Gist
35 min listen
05/10/21: How COVID spurred a shortage of everything from chicken to new cars: Missteps at the beginning of the pandemic are now leading to serious shortages in just about everything, sending prices soaring. Reporters Ally Marotti and John Pletz join host Amy Guth to discuss how tight supply could threaten to slow the nation’s economic recovery. Plus: Illinois could fully reopen as soon as June 11, a large electric vehicle plant is coming to Joliet, big names preparing bids for Medline, grocery prices are going up, and a proposed weed bill calls for three lotteries to increase the number of pot stores in the state. by Crain's Daily Gist
33 min listen
05/19/21: With eviction ban set to end, will $1.5B in renter aid be enough?: Illinois Gov. J.B. Pritzker announces $1.5 billion in rent relief as the state says it will lift its freeze on evictions in August. Crain's commercial real estate reporter Alby Gallun talks with host Amy Guth about what it means for renters and landlords. Plus: Lightfoot says Chicagoans should keep wearing masks, General Iron owner hits city with $100 million lawsuit, Fulton Market developer plans massive apartment and office project, Peapod founders have a new grocery-tech venture that helps consumers who have special diets find the right foods. by Crain's Daily Gist
17 min listen
05/17/21: Will businesses need to police who's vaccinated?: Vaccinated individuals no longer have to wear masks indoors and they won’t count toward capacity limits under the city’s reopening plan. But how will businesses be able to tell who got the shot? Reporters Danny Ecker and Stephanie Goldberg join a reporters roundtable with host Amy Guth to talk about what could be a logistical nightmare. Plus: Lollapalooza will be back this summer, Civic Federation hits Pritzker's plan to close corporate loophole, Mariano's parent, Kroger gave its CEO $22 million after ending hazard pay for workers, Cubs legend Ryne Sandberg will be a spokesman for Chicago weed giant PharmaCann. by Crain's Daily Gist
33 min listen
05/24/21: The city is calling out businesses for a lack of diversity: Chicago’s political leaders are taking bold steps to bring attention to the lack of diversity in some of the city’s most powerful industries, from financial services to journalism. Crain’s Wendell Hutson and Ally Marotti join host Amy Guth for a reporters’ roundtable. Plus: McDonald's hit with $10 billion discrimination suit from Byron Allen, Tribune Publishing shareholders vote to sell company to hedge fund, CNA Financial paid $40 million in ransom after March cyberattack and Illinois will repay the $2 billion it borrowed from the Federal Reserve without using COVID relief funds. by Crain's Daily Gist
35 min listen
07/08/21: The three suburbs with almost no homes left for sale: In three Chicago suburbs, the fast-paced real estate market means the inventory of homes for sale is so slim, it's nearly nonexistent. Reporter Dennis Rodkin joins host Amy Guth to discuss and recap this week’s real estate news. Plus: The city's aviation chief says O’Hare is due for a major rebound, Grubhub has plans for robotic food delivery on college campuses, Willis Tower insurer sues the city and local sewer district over flood damage from May 2020 storms, and why Big Food companies need strong second-quarter numbers. by Crain's Daily Gist
30 min listen
05/06/21: Why new homes are getting more expensive: Strong demand and skyrocketing lumber prices are increasing the price of newly constructed homes by an average of $28,000 in the Chicago-area. Reporter Dennis Rodkin joins host Amy Guth to discuss. Plus: Chicago says farewell to CME's last commodity trading pits, local retail sales poised to rise 6 percent this year, billionaire Sam Zell's firm announces $3.4 billion deal for a industrial property company and a nationwide study finds the J&J pause didn’t significantly hurt public perception of COVID vaccines. by Crain's Daily Gist
39 min listen
05/25/21: Home sales soar even as prices go sky-high: The Chicago-area saw home sales and prices explode in April. Residential real estate reporter Dennis Rodkin joins host Amy Guth to explain why the market is hotter than it’s been in years. Plus: McDonald's reopening plan is running into opposition from franchisees, Gallagher set to fill Chicago’s Aon vacuum, Illinois Rep. Bobby Rush aims to restart biomedical research disrupted by pandemic and employers are left to take the lead when it comes to wearing masks at work. by Crain's Daily Gist
17 min listen
06/08/21: Hedge fund’s move to cut costs at Tribune may backfire: Tribune Publishing’s new owner will likely try to turn a profit by slashing newsroom staff. Reporter Ally Marotti joins host Amy Guth to discuss how further cost-cutting will make it difficult for the Chicago Tribune and other newspapers to hold on to readers. Plus: A new report shows your property's share of local government debt, private-equity firms to buy Medline in $30 billion deal, Chicago Fire plans facility on Northwest Side and a ghost kitchen company owned by the co-founder of Uber is embroiled in a North Side NIMBY fight. by Crain's Daily Gist
18 min listen
07/19/21: Post-lockdown strategies for shots, rides: Cook County is closing its last mass vaccination sites in favor of a more targeted approach to getting shots in arms, and Curb and Lyft try to sweeten the deal for customers as commuting returns. Crain's reporters Stephanie Goldberg and A.D. Quig discuss those stories and more with host Amy Guth. Plus: Mayor Lightfoot launches a $1 million reward fund to help get illegal weapons off the streets; Target opens a River North store; the parent of members-only club Soho House is valued at $2.8 billion after its IPO; and more growers and sellers are on the way under Illinois' new pot law. by Crain's Daily Gist
34 min listen
05/12/21: Why dealers are paying top-dollar for used cars: Used car values are soaring as dealers struggle to find pre-owned vehicles. Contributor Judy Crown joins host Amy Guth to discuss. Plus: The Navy Pier Flyover is finally finished, an Oprah-backed startup wants to help grocers peer into their produce, The owner of Barnes & Noble is buying Paper Source and Biden is set to nominate Rahm Emanuel as ambassador to Japan. by Crain's Daily Gist
16 min listen
06/02/21: What to know about Illinois’ new $42B state budget: Lawmakers approved a state budget that doesn’t contain tax increases. Political columnist Greg Hinz joins host Amy Guth to explain. Plus: The great supply chain crisis of 2021 is now starting to impact the construction business, First Midwest in $6.5 billion deal with Indiana bank, Ulta's new CEO confronts a beauty business altered by COVID-19 and Chicago clears the way for Mercy Hospital’s new owner. by Crain's Daily Gist
21 min listen
06/17/21: Downtown condo sales are set to explode: Enticingly low prices are attracting buyers and laying the groundwork for a big increase in downtown condo sales. Reporter Dennis Rodkin joins host Amy Guth to explain in a recap of this week’s real estate news. Plus: Progressive hikes auto rates in Illinois as drivers take to the roads again, U.S. News ranks Lurie among the state’s top children's hospitals, Southwest says systems have been restored after 1,400 flights were disrupted due to a glitch, and chicken sandwich battles continue to rage as poultry prices soar. by Crain's Daily Gist
29 min listen
06/21/21: The growing buzz around weed and hard seltzer: As Chicago-based White Claw tries to stay ahead in an increasingly-crowded hard seltzer space, suburban towns are reconsidering whether to approve recreational marijuana sales as the pot market continues to boom. Reporters Ally Marotti and John Pletz talk weed and hard seltzer with host Amy Guth. Plus: How the Chicago Bears' bid to move to the suburbs highlights issues at Soldier Field, Chicago area's last remaining coal-fired power plants are set to close, Cook County will likely again delay the property tax payment deadline and Mayor Lightfoot’s ‘Chi Biz Strong’ COVID recovery package moves closer to law. by Crain's Daily Gist
27 min listen
06/14/21: Real estate’s moment of reckoning: Chicago is facing calls to reduce downtown buildings’ carbon footprint and landmark the homes of the city’s Black historical figures. Reporters Danny Ecker and Dennis Rodkin join host Amy Guth to discuss how the movements highlight the real estate industry’s role in climate change and systemic racism. Plus: Another lawsuit has been filed over Illinois' remap, COVID restrictions are lifting but some restaurants aren't ready, ethanol production outlook rises to the highest level since February 2020, and the park district's indoor pools will remain closed throughout the summer—but not because of COVID. by Crain's Daily Gist
29 min listen
06/30/21: New details emerge in Westlake Hospital saga: Despite promises to keep Westlake Hospital open, court filings now reveal that its for-profit owners had always intended to close the Melrose Park facility. Stephanie Goldberg joins host Amy Guth to discuss what it means for the future of health care in the largely Black and Brown western suburb. Plus: United places big jet order and CEO Scott Kirby details the Chicago carrier's plans to address an uptick in unruly passengers; Naperville sale marks biggest suburban apartment deal since 2018; Walmart counters Amazon's drug push. by Crain's Daily Gist
16 min listen
07/20/21: Latest front in Main Street vs. Wall Street: Houseplant sales rose more than 30 percent during the pandemic. Now small, locally owned shops face competition from large venture-capital backed stores. Crain's reporter Ally Marotti discusses the retail rivalry with host Amy Guth. Plus: Portillo's plans an IPO; two Chicago startups are going public via blank-check firms; a local shopping center owner is being bought in a multibillion-dollar deal; and a look at how marijuana cultivation centers are growing jobs in rural Illinois. by Crain's Daily Gist
18 min listen
06/28/21: What business in a post-pandemic economy looks like: Businesses across industries are charting the city’s comeback story. This month’s Crain’s Forum looks at how entrepreneurs and leaders used the lessons learned from the COVID-19 pandemic to transform the way they do work in Chicago. Forum Editor Cassandra West and reporters Wendell Hutson and A.D. Quig join host Amy Guth with more. Plus: City closes mass vaccination sites at United Center and many city colleges, big residential plan pitched for former DePaul College Prep campus, dozens of former Sears stores are set to hit market and the U.S. Supreme Court backs Chicago-based TransUnion on consumer lawsuits by Crain's Daily Gist
30 min listen
06/15/21: Why businesses are paying more for cyber insurance: Insurers are raising premiums as a growing number of ransomware attacks has more businesses looking for digital protection. Reporter Steve Daniels joins host Amy Guth to discuss. Plus: O’Hare is recovering slower than other major airports, Gov. J.B. Pritzker’s energy plan could be a lucrative opportunity for ComEd, large mall owner files Chapter 11 and a look at three Chicago shopping areas with three different post-pandemic recovery paths. by Crain's Daily Gist
19 min listen
06/10/21: The housing market is having a Goldilocks moment: he Chicago-area real estate market is in a relative sweet spot. But how long can it last? Reporter Dennis Rodkin joins host Amy Guth to discuss and recap this week’s housing news. Plus: Worldwide travel loosens up, Illinois forms a high-speed rail commission, a Wacker Drive skyscraper hits the market, and new weed licenses could be issued by the end of the summer. by Crain's Daily Gist
27 min listen
07/29/21: Why Chicago’s real estate boom isn’t a bubble: Home prices in May increased at the fastest pace since 2013, but that doesn’t mean the market is approaching bubble territory. Reporter Dennis Rodkin joins host Amy Guth to explain why in a recap of this week’s housing news. Plus: Activists propose an alternative to the Obama Center, Kirkland & Ellis nears deal for biggest downtown office lease in years, software startup LogicGate raises $113 million and McDonald's outpaces Wall Street estimates even as labor shortages loom. by Crain's Daily Gist
39 min listen

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05/01/24: ShotSpotter's competition gets in line: Another gunshot detection company is looking for a way in with the city. Crain’s politics reporter Leigh Giangreco and host Amy Guth discuss ShotSpotter’s uncertain fate in Chicago. Plus: Peeling back the sticker price on Bears stadium reveals even more costs, Foxtrot and Dom’s suppliers face fallout from abrupt closures, three Chicago-area bridges among the most vulnerable in the U.S. and American dropping some global flights on Boeing 787 delays. by Crain's Daily Gist
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04/30/24: The Bears' flashy, and costly, stadium play: The Chicago Bears are angling for a large cut of revenue from events under their new stadium plan. Crain’s reporters Danny Ecker and Justin Laurence talk with host Amy Guth about the team’s proposed vision for its reimagined lakefront home. Plus: Lawmakers propose unifying CTA, Metra and Pace; Mayor Johnson eyes legalizing video gaming in Chicago; Boeing credit outlook gets gloomier as Fitch also turns negative; and slow work authorizations frustrate new asylum-seekers and industry leaders alike. by Crain's Daily Gist
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04/29/24: The sudden flameout of Foxtrot and Dom's: Crain's retail reporter Ally Marotti talks with host Amy Guth about the abrupt closure of Foxtrot and Dom’s Kitchen & Market. Plus: Bears angling for huge cut of cash-flow pie at new stadium — including concerts; Walgreens launches gene, cell therapy pharmacy business; Boeing prosecutors aim to decide on criminal charge over Max crashes by June; and Art Institute defends its ownership of artwork prosecutors say was stolen during the Holocaust. by Crain's Daily Gist
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04/24/24: A sudden surge for labor: Crain’s reporters Katherine Davis and Brandon Dupré talk with host Amy Guth about local labor movements in the worlds of health care, academia, and arts and culture. Plus: At O'Hare, senators sound an optimistic note despite earlier turbulence; Reinsdorf offers to open wallet for new Sox stadium; ADM says CFO will resign after accounting probe; and Moody's looks positively at Illinois. by Crain's Daily Gist
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04/23/24: Humira's hold on the market loosens: AbbVie's Humira dam is beginning to crack. Crain’s health care reporter Katherine Davis talks with host Amy Guth about how the tide appears to be turning as CVS' pharmacy benefit manager replaces the blockbuster drug on its formulary list. Plus: City Council greenlights Johnson's plan to pump $1.25 billion into housing and development, ShipBob picks JPMorgan to lead IPO, ex-Citadel exec's trading firm expanding and moving to revamped Loop tower, and how Chicago's venture-capital and startup scene stacks up globally. by Crain's Daily Gist
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03/20/24: Chicago resisting anti-DEI wave: Crain's Equity series editor Cassandra West joins host Amy Guth to discuss the growing backlash against DEI initiatives, programs created to ensure fair treatment and broader representation. Plus: Arlington Heights reportedly proposes tax settlement with Bears, Pritzker signs law setting up elected Chicago school board, traders look to Kraft and Mondelez for clues on where the Fed is headed and Union League Club plans to sell Monet painting again. by Crain's Daily Gist
20 min listen
03/19/24: Brewers tap THC drinks for survival: With beer sales down, some Illinois craft breweries venture into THC-infused beverages. Crain's restaurants reporter Ally Marotti discusses with host Amy Guth. Plus: United Airlines CEO launches safety review after recent mishaps, Encyclopaedia Britannica seeking $1 billion valuation in IPO, Obama Foundation donates $4 million for city's first "fully inclusive" playground and Walgreens' cost-cutting push rolls on with closure of two distribution centers. by Crain's Daily Gist
22 min listen
03/17/24: Irish names don't have the juice in politics anymore: Crain’s politics reporter Leigh Giangreco talks with host Amy Guth about the waning state of Irish political power in Chicago and Illinois. Plus: Bally's suitor says buyout wouldn't impact Chicago casino, bike trail connecting Chicago to Michigan gets another green light, McDonald's experiences widespread system outage, large South Loop apartment tower sold and betting begins at Wrigley Field sportsbook. by Crain's Daily Gist
29 min listen
03/14/24: Illinois counties push against high court on home seizures: Eight counties in Illinois are defending property tax sales despite a U.S. Supreme Court ruling that says it's unconstitutional. Crain’s residential real estate reporter Dennis Rodkin discusses the case with host Amy Guth, along with other news from the local housing market. Plus: Northwestern plans to build new softball stadium, local investors buying mostly empty River North office building, AbbVie CEO made $25.6 million in final full year as chief and the House passes Krishnamoorthi's bill aiming to box out TikTok. by Crain's Daily Gist
36 min listen

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09/29/22: Chicago's biggest home sale so far this year: Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing market news, including the highest price anyone has paid for a Chicago-area home this year. Plus: Nearly 800 downtown apartments hit the market, passengers could be on the hook for $700 million in American-JetBlue combo, developer that brought Discover to the South Side looks to cash out and 10 cannabis companies owe the IRS a half-billion dollars. by Crain's Daily Gist
36 min listen
11/30/23: Chicago's home price growth reign is over: Chicago lost the top rank among big-city housing markets for price growth. Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss that and other news from the local market. Plus: Groupon signs deal for new Wacker Drive HQ, city again asking for offers on historic Stock Yards Bank building, co-working giant plans big expansion in Chicago suburbs and Illinois borrowers have some of the highest student debt in the country. by Crain's Daily Gist
33 min listen
11/02/23: There's a catch behind Chicago's home-price hot streak: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market including how Chicago has hit its fourth month of having the fastest-growing home prices in U.S. Plus: 14-story Fulton Market hotel proposed; ADM, Deere and others push Yellen to act fast on green jet fuel tax policy; WeWork reportedly plans to file for bankruptcy; and a jury finds realtors and big brokerages colluded on commissions. by Crain's Daily Gist
35 min listen
12/23/21: What's boosting the housing market: Residential real estate reporter Dennis Rodkin and host Amy Guth discuss local housing news, including a condo revival pushing the overall market to new heights, an immersive art project documenting systemic racism in Chicago homeownership and a big rule change for condo sellers prompted by a Florida building collapse. Plus: Chicago has new COVID rules; UPS is buying $1.5 billion worth of Boeing freighters amid an air cargo boom; McDonald's sells its AI startup to Mastercard; and Allstate jacks up Illinois homeowners rates for the third year. by Crain's Daily Gist
35 min listen
04/25/24: A low point for home affordability in Chicago: Crain’s residential real estate reporter Dennis Rodkin talks with joins host Amy Guth to talk news from the local housing market, including how affordability here is the lowest it’s been in at least 17 years. Plus: Foxtrot and Dom's facing lawsuit one day after shuttering stores, Southwest cutting more than a third of its flights at O'Hare, Skokie office complex sold to developers at a staggering discount and Chicago's largest privately held companies see another year of growth. by Crain's Daily Gist
47 min listen
10/12/23: Mortgage-rate angst hangs over housing market: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including an index that suggests mortgage rates are worrying homebuyers more than prices. Plus: Mayor Johnson proposes $16.6 billion Chicago budget without major tax hikes; Walgreens names health care vet as next CEO; NASCAR, city still negotiating second street race deal; and newly open Guinness brewery in Fulton Market up for sale by Crain's Daily Gist
38 min listen
05/18/23: Chicago's vacation home market is on fire: Crain's real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including about the still-hot demand for vacation homes and the city’s plans for a long-fallow lot in Pilsen. Plus: Luxury hotel St. Regis Chicago changed owners just one day after opening, court rules against co-working giant Industrious in lawsuit over shuttered West Loop location, Jeep Cherokee owners warned to park outside citing fire risk and Johnson tours makeshift migrant shelters on his second day in office. by Crain's Daily Gist
44 min listen
04/28/22: Chicago's home price growth shows no sign of stopping: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including how double-digit home price growth has reached an unprecedented 10th month and more. Plus: Mayor Lightfoot seeks early payday from casino bidders, State regulators approve controversial hospital project backed by private equity, drug pricing startup from former OptumRx CEO raises $35 million and why Chicago hotels are flying against the law of supply and demand. by Crain's Daily Gist
36 min listen
11/09/23: National Association of Realtors besieged within and without: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including lawsuits and a new CEO for the embattled NAR, and a look inside a few local time capsule homes. Plus: Effort to raise tax on high-end property sales will go to Chicago voters, Rivian ends exclusive deal to supply Amazon vans while upping production forecast, United Airlines expects record Thanksgiving travel and Chicago has a new three-star Michelin restaurant. by Crain's Daily Gist
36 min listen
03/02/23: How to sell Michael Jordan's mansion: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including two homes tied to the '90s-era Chicago Bulls, price cuts that were bigger than the final price for a Gold Coast mansion and more. Plus: Lightfoot won’t get another term as Chicago voters set up a stark choice in April mayoral runoff, appeals court rejects Illinois attempt to revive Equal Rights Amendment, Green Thumb Industries loses $51 million in Q4 despite revenue increase and EV maker Rivian misses estimates on earnings but vows output growth. by Crain's Daily Gist
51 min listen
08/18/22: The priciest of pricy homes are selling: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news of the week from the local housing market including how demand for ultra high-end housing is still strong around Chicago as two local homes sold for $10 million and up just in the last week. Plus: Fed says banks that jump into crypto must do legal homework, American Airlines bets on new supersonic era with order of 20 Boom jets, Dollop debuts its version of an upscale convenience store and Rivian rushed to help buyers with EV tax credit before expiration. by Crain's Daily Gist
35 min listen
03/21/24: Chicago maintains an edge on home affordability: Of the big U.S. cities, Chicago has held onto housing affordability the best over the years. Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about top stories from the local housing market. Plus: Illinois primary election results, McDonald's plans to consolidate leadership in CEO, Boeing sees massive cash drain as 737 Max mess takes toll as FAA chief says the plane maker needs more focus on safety and quality, and MacKenzie Scott donates millions to 19 Chicago nonprofits. by Crain's Daily Gist
40 min listen
07/21/22: The next chapter of the Winnetka beachfront saga: Crain's reporter Dennis Rodkin and host Amy Guth discuss the week in real estate news, including how the billionaire tangled in a contentious lakefront land swap in Winnetka paid $16 million for the mansion next to his $23.9 million property. Plus: NASCAR is coming to Chicago streets, conversion snafus in First Midwest merger lead to irate customers, Target to open warehouses in Chicago and Elmhurst, and #BoycottWalgreens trends on Twitter—again. by Crain's Daily Gist
40 min listen
06/16/22: Pricey homes get even hotter: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including how 2022 could be a record-setting year for high-end home sales. Plus: Caterpillar's HQ move points in the wrong direction for Chicago, Chicago expands outpatient mental health services, ICC to consider ComEd's $31 million offer to settle bribery-refund issue and Illinois to give residents $4,000 back for buying an electric car. by Crain's Daily Gist
45 min listen
10/28/21: Did Chicago dodge a housing bubble?: Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from around the local housing market, including a look an apparent end of the house price boom despite prices continuing to climb in other cities. Plus: Chicago gears up for kids' COVID vaccinations, new investment firm wants to help clean energy go mainstream, enrollment down at both CPS and at all but one of the city’s community colleges and McDonald's makes a sale to speed up drive-through times. by Crain's Daily Gist
36 min listen
11/10/22: A pandemic-era first for Chicago area's housing market: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including how home prices around the Chicago area didn’t budge last week for the first time in more than two years and a look at a play for preservation in Hinsdale. Plus: Tuesday's election brings wins for Illinois Dems, Moody's upgrades city debt, Northbrook shopping center sells for $61 million, and NIH grant will further a Chicago company’s tumor treatment platform. by Crain's Daily Gist
53 min listen
06/22/23: Bronzeville's ceiling keeps rising: Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about how the prices of new construction homes in Bronzeville are about to top $1 million, along with other news from the local housing market. Plus: A dustup emerges over the search for Chicago's next top cop, a look at Chicago expansion plans from world's top dairy maker after $3.2B Kraft deal in 2020, Bernie Sanders launches Senate probe into Amazon warehouse safety and state regulators clamp down on Nicor Gas. by Crain's Daily Gist
40 min listen
06/02/22: Chicago-area home prices surge despite a downtown slump: Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including how home prices have hit their 11th month of double-digit increases, even with weakness in the city. Plus: Citadel’s Ken Griffin gives $5 million to help Miami prepare for disasters, fire at Rivian plant downstate under investigation, Old Post Office owner buys another suburban apartment building, and report indicates internal combustion engine sales peaked and soon the fleet will, too. by Crain's Daily Gist
33 min listen
05/11/23: Chicago lags in key housing market stat: Crain’s residential real estate reporter Dennis Rodkin chats with host Amy Guth on news from the local market, including how people with mortgages in Chicago are not as house-rich as they are in other big metro areas. Plus: Lightfoot issues an emergency declaration over migrant surge, Illinois marijuana sales stalled in April, Sterling Bay CEO says Lincoln Yards is in talks for new financing and Shedd Aquarium will close for NASCAR race weekend. by Crain's Daily Gist
44 min listen
09/28/23: Chicago flexing some home-price muscle: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about how Chicago’s home price growth is top among major U.S. cities for the third month in a row and prices here are growing at twice the speed of the nation's. Plus: Landlord putting $50 million into Wacker Drive and Loop offices; Trump found liable for fraud in New York attorney general's case, and the former president’s Chicago skyscraper plays a role; Ryan family buys into European soccer venture; and why green air travel will be a lifeline for corn farmers. by Crain's Daily Gist
48 min listen
02/02/23: Chicago housing market's weakness could soon be its strength: Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about news of the week from the local housing market, including how a lagging housing boom in Chicago could make the market more resilient. Plus: Rivian cutting workforce by 6% while FedEx CEO says the company plans to cut global management jobs by more than 10%, Congress reintroduces bill to stop surge of catalytic converter thefts, and Illinois' COVID disaster proclamation to end in May. by Crain's Daily Gist
41 min listen
03/17/22: Chicago's most threatened places: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including a list of the most endangered spots in Chicago. Plus: Vaccine deadline leaves 16 Chicago Police employees without pay, Grubhub boosts driver pay as high gas prices squeeze earnings, Ken Griffin joins Cubs owners in Chelsea FC bid and Chicago Architecture Center CEO to lead Choose Chicago. by Crain's Daily Gist
34 min listen
10/21/21: The newest "Why didn't I think of that?" housing idea: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including a Bucktown firm that makes homes look market-ready and is going national, the former home of pioneering Black attorney Nathan McGill, and a lifetime award for architect Stuart Cohen. Plus: White House details vaccine plan for kids ages 5-11, United Airlines posts smaller loss after variant wrecks profit plan, tech worker pay rising here while slowing in New York and San Francisco, and Chicago-based Fresh Street aims to be the area's first online-only grocery store. by Crain's Daily Gist
34 min listen
01/20/22: The million-dollar real estate surge: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including how the sale of million-dollar-plus homes in the Chicago area surged by 19% last year, the second year in a row with a big surge. Plus: City health commissioner is "cautiously optimistic” though omicron surge is not over, Ford expects $8.2 billion Q4 gain from Rivian investment, Frontier Airlines returns to Midway, big firms have pledged to erase carbon emissions leaving shareholders to guess at the bottom-line impact of their plans. by Crain's Daily Gist
29 min listen
02/22/24: People are buying new homes again: Chicago-area new home sales had their second-best year of the past 15. Crain's residential real estate reporter Dennis Rodkin discusses that and other news from the local housing market with host Amy Guth. Plus: World Business Chicago appoints an interim executive; Gov. Pritzker wants $500 million for quantum technology; cultivated-meat company puts plans for Glenview plant on hold; and after altercation, City Council member calls on colleague to resign leadership posts. by Crain's Daily Gist
27 min listen
07/28/22: Chicago real estate hits a big milestone: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including how May was the first time on record for year-over-year double-digit price growth in the city. Plus: Google to buy Thompson Center; FDA recalls Baxter medication software; shoppers spend without splurging, clouding U.S. recession call; and U.S. is having its hottest summer ever based on one energy metric. by Crain's Daily Gist
31 min listen
03/10/22: An unusual housing program in Bellwood: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news including how one town created its own building boom with a DIY development strategy. Plus: Potbelly warns it may have to repay $10 million PPP loan, Illinois hotels seeking $1,500 per room in Pritzker’s budget, LanzaTech going public in a SPAC deal and owners outfoxed as Russia absconds with $10 billion worth of jets. by Crain's Daily Gist
37 min listen
01/27/22: One of the few biz sectors facing zero labor shortages: Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about top news from the local housing market including how in the booming housing biz, thousands of new agents have flocked to the industry. Plus: Pritzker, Preckwinkle, Lightfoot team up to offer federal funds; Mars Wrigley closing Chicago chocolate plant; Slated for early closure last fall, Dresden nuke now could run 30 more years; and McDonald's asks SEC to omit racial audit from annual proxy. by Crain's Daily Gist
33 min listen
09/02/21: Top-shelf housing is booming: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the Chicago housing scene, including how the high end of the market set a new record as the $4 million-and-up segment hits a mark it doesn't normally reach until December. Plus: Illinois Dems finalize new legislative maps, U of C turbocharges its quantum computing quest, the chip shortage cuts deeper into auto factories as Stellantis halts production again and CEOs are dooming business travel—maybe for good. by Crain's Daily Gist
26 min listen
06/29/23: Agent pleads with Chicagoans to stay: Host Amy Guth talks with Crain’s Dennis Rodkin about news from the local housing market and with local real estate agent Mike Conner, who has a message for Chicago residents: Please don’t leave. Plus: Invest South/West projects ring up sky-high construction costs, Medline names new CEO, unemployment nearing record low around metro Chicago and expect to pay less for beef, more for booze this Independence Day. by Crain's Daily Gist
51 min listen

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03/31/22: The hottest housing market in decades

03/31/22: The hottest housing market in decades

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