Local News

Real estate news in South Florida

Illinois ranks first among states with the highest foreclosure rates in August
Illinois ranks first among states with the highest foreclosure rates in August

Illinois had the highest foreclosure rate in the nation in August 2021, according to new data from ATTOM’s U.S. Foreclosure Market Report.

Mainstreet Organization of REALTORS honored for diversity efforts
Mainstreet Organization of REALTORS honored for diversity efforts

The Mainstreet Organization of REALTORS was honored by the Daily Herald Business Ledger for taking initiative to promote diversity.

The FOOTE Team celebrates a new office space in West Dundee
The FOOTE Team celebrates a new office space in West Dundee

The FOOTE Team joined with Compass three months ago. Saturday, August 28, marked the official ribbon-cutting ceremony for their new office in downtown West Dundee.

Remembering Larry Klairmont, founder of Imperial Realty Company
Remembering Larry Klairmont, founder of Imperial Realty Company

Local real estate pioneer Larry M. Klairmont passed away peacefully on July 18, 2021. He was 94 years old.

Chicago homes sold well over asking prices last quarter
Chicago homes sold well over asking prices last quarter

In what’s been a historic, frantic market, homes selling for large sums over list prices have risen sharply since January.

July MORe report shows Chicagoland homes selling faster than last year
July MORe report shows Chicagoland homes selling faster than last year

During July 2021, single-family homes in the Chicagoland area spent substantially less time on the market than in July 2020, according to statistics from Mainstreet Organization of REALTORS®.

RE/MAX Collection Premier by Janice Corley expanding with three new Chicagoland offices
RE/MAX Collection Premier by Janice Corley expanding with three new Chicagoland offices

The Chicagoland brokerage firm RE/MAX Collection Premier by Janice Corley is now expanding with new offices in Hyde Park, the North Shore and Hinsdale.

Peak Realty Chicago sells mixed-use property with luxury penthouse for $2.5 million
Peak Realty Chicago sells mixed-use property with luxury penthouse for $2.5 million

The boutique brokerage Peak Realty Chicago announced the sale of 1015 W. Webster Ave: a three-unit, mixed-use building which includes a penthouse suite and both rental and retail space. It went for $2.5 million.

New listings rose in July as more affordable options hit the market
New listings rose in July as more affordable options hit the market

Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.

Compass Chicagoland enjoys major growth throughout 2021
Compass Chicagoland enjoys major growth throughout 2021

Throughout 2021 so far, Compass Chicagoland has greatly expanded. 77 new agents have already joined: a 63% increase from 2020.

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