{"id":18,"date":"2026-09-12T13:00:00","date_gmt":"2026-09-12T13:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/jdshomes-net\/2026\/09\/12\/house-prices-jump-in-illinois-amid-slow-pace-of-new-construction\/"},"modified":"2026-09-12T13:00:00","modified_gmt":"2026-09-12T13:00:00","slug":"house-prices-jump-in-illinois-amid-slow-pace-of-new-construction","status":"publish","type":"post","link":"https:\/\/www.jdshomes.net\/blog\/2026\/09\/12\/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>As someone who has called Lake County home since 1959 and spent over two decades advising clients across Chicagoland, I\u2019m seeing firsthand how the housing market is shifting. Chicago&#039;s median home price climbed 13.3% to $425,000\u2014a clear reflection of limited inventory in our area. The pace of new construction simply can\u2019t keep up; in fact, it would need to triple to truly address demand. The process is slowed by outdated building codes, permit backlogs, and infrastructure challenges\u2014issues I\u2019ve helped clients navigate time and again. There is some progress on the horizon, with reforms in the works to encourage more affordable, middle-tier housing options. For buyers and investors alike, understanding these local dynamics is essential. My familiarity with residential trends, investment analysis, and neighborhood nuances throughout Lake, McHenry, and Cook Counties helps my clients make well-informed decisions, even as the market evolves.<\/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>As someone who has called Lake County home since 1959 and spent over two decades advising clients across Chicagoland, I\u2019m seeing firsthand how the housing market is shifting. Chicago&#039;s median home price climbed 13.3% to $425,000\u2014a clear reflection of limited inventory in our area. The pace of new construction simply can\u2019t keep up; in fact, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":51,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/posts\/18","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/comments?post=18"}],"version-history":[{"count":0,"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/posts\/18\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/media\/51"}],"wp:attachment":[{"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/media?parent=18"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/categories?post=18"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jdshomes.net\/blog\/wp-json\/wp\/v2\/tags?post=18"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}