Local News
Real estate news in Atlanta
What neighborhoods in the city of Chicago saw the most home sales in May? Earlier this week, Chicago Agent reported that home sales in the city of Chicago rose 10.1 percent last month, and that among the most competitive housing markets
Progress has been made on negative equity front, but troubling trends persist In the Chicagoland housing market, 23.7 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding
Twenty-four Chicagoland agents made the National Association of Hispanic Real Estate Professionals‘ list of the Top 250 Hispanic Agents in the U.S. The list ranked agents based on the number of transactions they made in 2014. The Chicagoland agents who made
Chicago-based developer Fifield Cos. has announced that Marty Alston has joined the firm as a managing director, where he will be responsible for developing and expanding investor relationships. Alston will also oversee Fifield’s fundraising efforts for new construction development
Mesa Development unveils new model residences at The Legacy as the building nears sellout On Tuesday, June 23 two new model residences were opened at The Legacy at Millennium Park. Located in Chicago’s Loop, the 72-story high-rise’s new models
Sales in Chicagoland’s suburbs were positive in May, but what communities saw the most sales activity? Earlier this week, Chicago Agent reported that home sales in the Chicagoland area rose 7 percent year-over-year in May, with sales in the area’s
Chicagoland Habitat for Humanity announced a year-long partnership with Wintrust Financial, who is also the lead sponsor of Habitat’s summer initiative, “Building On!” Although Wintrust has been consistently supporting Habitat for Humanity for the past, this year’s contribution is
Chicago-based Federal Savings Bank has brought a lawsuit against two former employees, alleging solicitation and “absconding” of a high-profile account. According to a report in The Real Deal, Federal Savings Bank is suing Ace Watanasuparp and Ronald Riemer for
May was a very good month for sellers in the Chicagoland area Home sales in the Chicagoland area were up 7 percent in May, while median sales price rose 7.2 percent, according to the latest analysis from the Illinois Association
Where in the 234 square miles of Chicago are the most competitive housing markets located? “It’s still a seller’s market in Chicago.” That was the conclusion of Nela Richardson, Redfin’s chief economist, in the brokerage’s latest Real-Time Housing Market Tracker,
Women of nearly every income level are impacted by a gap in mortgage approval rates Women were 14.5 percent less likely to have purchase loans originated than men from 2011 to 2013, and were 17.4 percent less likely to have refinance loans
Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent
STF Builders is offering the five new construction townhomes located at 10428 S Walden Parkway in Chicago’s Beverly neighborhood. The five units offer three bedrooms, 2.5 baths, two-car garage, office, stainless steel appliances, roof deck and much more. Buyers can put
CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the
CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time
KIG, Chicago’s leading commercial real estate brokerage firm, has named Ricky Bole as marketing officer. In this position, Bole will focus on branding and client presentation in both digital and print. After serving as an intern with Playboy Enterprises, Inc.