Uncommon.

Casa en Tenerife.

A Bedroom Studio Apartment.

Fine, call it a convertible. But is it?  The Fontana Apartment by Mark English Architects.

Construction throughout Chicago.

Contracts for construction projects in the Chicago area totaled $390.3 million in February, jumping 38% from the same month last year, according to data from McGraw-Hill Construction. The increase was fueled by the residential market, which includes apartments along with single-family homes. Residential construction contracts in February more than doubled from the year-ago period to $196 million. Commercial construction, which includes office, retail, manufacturing and institutional, fell 1% from a year earlier to $194 million. On a year-to-date basis through February, total building contracts climbed 29% from a year earlier to $615.5 million.

Read more: http://www.chicagorealestatedaily.com/article/20110414/CRED03/110419927/in-brief-usg-building-b-of-a-renewal-construction-deals-up#ixzz1JbtgPwP1
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The Last of The Whites.

Cabrini Green, "One of The Whites", 1230 N. Burling St, Chicago, Public Housing,

The Extension buildings were known as the “reds,” for their red brick exteriors, while the Green Homes, with reinforced concrete exteriors, were known as the “whites.” source.

Case-Shiller Index of local single-family home prices.

“The housing market recession is not yet over, and none of the statistics are indicating any form of sustained recovery,” David M. Blitzer, chairman of Standard & Poor’s index committee, said in a news release. “At most, we have seen all statistics bounce along their troughs; at worst, the feared double-dip recession may be materializing.”

Chicago’s single-family price index was the lowest for the area since July 2001, according to S&P data. The local index has fallen 31% since its peak in September 2006. Chicago was one of 11 metropolitan areas that hit a new index low from the market peak in 2006/2007.

Minneapolis saw the biggest monthly decline, 3.4%, followed by Seattle, 2.4%%, and San Francisco, 1.9%, according to the S&P/Case-Shiller report.
Read more: http://www.chicagorealestatedaily.com/article/20110329/CRED0701/110329872/chicago-area-home-price-index-falls-to-lowest-level-since-2001#ixzz1I0njZAjq
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