{"id":1845,"date":"2024-01-15T20:13:00","date_gmt":"2024-01-15T20:13:00","guid":{"rendered":"https:\/\/www.lexingtonchicago.com\/about\/blog\/?p=1845"},"modified":"2024-02-08T20:17:22","modified_gmt":"2024-02-08T20:17:22","slug":"2024-real-estate-insights-from-lexington-principal-jeff-benach","status":"publish","type":"post","link":"https:\/\/www.lexingtonchicago.com\/about\/blog\/2024-real-estate-insights-from-lexington-principal-jeff-benach\/","title":{"rendered":"2024 Real Estate Insights from Lexington Principal Jeff Benach"},"content":{"rendered":"\n

It\u2019s the new year\u2014we are all still getting used to writing \u201c2024\u201d\u2014and we know you love to look ahead to what the future will bring! Lexington Principal Jeff Bench was recently honored to be interviewed by Chicago Agent for his predictions for real estate in Chicago in 2024. Benach is often consulted for insights\u2014he has spent his career at Lexington, known as a premier name in Chicago real estate, as we\u2019ve built over 42,000 homes in Chicago and the surrounding suburbs. <\/p>\n\n\n\n

When asked about whether new construction will continue to grow, Benach noted the outlook is strong. Lexington is poised for another exciting year of building. He notes, \u201cWe hope to launch at least three different townhome communities in 2024\u2014one in Morton Grove, one in Northbrook, and one in Chicago\u2019s Bridgeport neighborhood. In total, these developments would bring an additional 240 units to the market.\u201d <\/p>\n\n\n\n

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The Chicago Agent posed an interesting question about what types of homes would be in most demand. \u201cHigher interest rates and affordability will continue to bolster demand for townhomes, in our opinion,\u201d says Benach. <\/p>\n\n\n\n

Lexington continues to build communities where customers most want to live. We do not take location lightly\u2014we choose communities with convenient access for travel and commuting, as well as tons of nearby dining, shopping, and entertainment. We also focus on quality and affordability, with incredible features and upgrades that come standard. And over the past several decades, we\u2019ve improved upon our already award-winning floorplan designs to continue to build homes that our customers love to live in for years to come.<\/p>\n\n\n\n

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Read the full Chicago Agent article.<\/a><\/p>\n\n\n\n

Are you interested in staying in the know for community launches in 2024? Explore what\u2019s new today!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s the new year\u2014we are all still getting used to…<\/p>\n","protected":false},"author":6,"featured_media":1846,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/posts\/1845"}],"collection":[{"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/comments?post=1845"}],"version-history":[{"count":3,"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/posts\/1845\/revisions"}],"predecessor-version":[{"id":1851,"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/posts\/1845\/revisions\/1851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/media\/1846"}],"wp:attachment":[{"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/media?parent=1845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/categories?post=1845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lexingtonchicago.com\/about\/blog\/wp-json\/wp\/v2\/tags?post=1845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}