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Real estate news in Atlanta

CoreLogic: Chicago Home Prices Take Slow and Steady Approach

In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15

Chicagoland’s Top New Construction Markets

What counties in Chicagoland are seeing the most new construction activity? Earlier this week, we reported that new construction in Chicagoland is at its highest level since 2008, with more than 6,000 housing starts in the 12-month period ending

Crystal Lake Among U.S.’ Top Small Cities

Crystal Lake was ranked the No. 10 small city in the U.S. in a new WalletHub study. WalletHub’s survey ranked 1,268 small cities with populations ranging from 25,000 to 100,000, and used several different metrics, including affordability, economic health, education and overall

Chicagoland New Construction at Highest Level Since 2008

Construction shows signs of life in Chicagoland, but lack of lots causes concern Construction is at the highest annual rate in Chicagoland since Q3 of 2008, according to a MetroStudy survey of the area’s construction markets in 2015 Q3.

Chicagoland’s Top-Selling Suburbs, Sept. 2015

Were the usual suspects on top in Chicagoland’s suburban markets? Sales of single-family detached homes in Chicago’s suburbs were up 7.8 percent year-to-date in September, according to the Mainstreet Organization of Realtors (MORe). That overall stat, though, masks considerable variability through

Residential Construction in Chicagoland Posting Big 2015 Gains

As 2015 draws to a close, how has residential construction activity in Chicagoland compared with the previous year? Residential construction spending in Chicagoland totaled $354 million in September, according to new Dodge Data & Analytics numbers. Although that is 2

RealtyTrac: Flipped Homes in 5 Chicago ZIP Codes Average 100+% ROI

Though we’ve moved past the golden years of flipping that followed the housing market’s collapse in 2007, as the market returns to a stable posture – consistent price increases included – the practice of flipping is regaining some of its

Chicago 10th Most Popular U.S. City for International Buyers

Chicago was the 10th most searched for city by international buyers, according to realtor.com International. The countries that most frequently searched for Chicago were India, the Russian Federation, and Ireland. The U.S. came in as the fifth most searched country for international

Half of Chicago Renters Cost Burdened

For nearly a decade, the nation’s homeownership rate has been in decline. Since 2004, when homeownership peaked at 69 percent, the rate has fallen nearly 6 percentage points down to 63.7 percent in the first quarter of 2015, according

CoreLogic: Cash Levels Approach “Normal” in Chicago

Cash sales dropped ever closer to the pre-crisis norm of 25 percent in July, falling from 34.2 percent 12 months earlier to 30.8 percent, according to a new report from CoreLogic. With traditional financing becoming a more realistic option

Case-Shiller: Chicagoland Home Prices Rising Incrementally

Home prices in Chicagoland have risen steadily, albeit slowly Home prices in the Chicagoland metro area rose 0.7 percent monthly and 1.9 percent year-over-year in August, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. Though

Chicago’s Top-Selling Neighborhoods, Sept. 2015

What Chicago neighborhoods saw the most real estate activity in September? Earlier this week, we reported that home sales in the city of Chicago were up 5.3 percent in September, though median price in the city was flat. Some Chicago

MRED Participates in Land of Lincoln Hackathon

Midwest Real Estate Data, (MRED) Chicagoland’s multiple listing service, is working with the Institute of Electrical and Electronic Engineers  (IEEE Chicago) and CVSHealth for the Land of Lincoln Hackathon. The  event aims to promote the public data found at the State

Chicagoland Home Sales Rise Modestly in September

It was a typical month in autumn for Chicagoland real estate Home sales in the nine-county Chicagoland area rose 5.3 percent year-over-year in September, according to the latest report from the Illinois Association of Realtors. Although sales were down a pronounced

RE/MAX Suburban has New Owners

RE/MAX Suburban has recently been acquired by business executives Chad and Sarah Gilbert. Based in Mount Prospect, RE/MAX Suburban also has locations in Arlington Heights, Glen Ellyn, Libertyville, Schaumburg and Wheaton. By the end of 2015, the company is

Chicago Real Estate Professionals Are Earning More

The Business Journals, analyzing the latest Census Bureau data, has compiled a list of the most profitable U.S. cities for a wide range of professions, including loan officers and real estate agents. In Chicago, 2014 salaries for loan officers

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