Local News
Real estate news in Atlanta
Seventy-three RE/MAX brokers across northern Illinois recently received the prestigious Lifetime Achievement Award and Hall of Fame career achievement honors respectively. RE/MAX brokers are eligible for four career awards, each marking an important professional milestone while they are affiliated
Most people look at a home purchase as an investment – probably the biggest of their lifetime – and it’s an appropriate perspective. But for condo buyers, it’s not like a single-family home, where the purchaser is taking on
@properties, the largest independent real estate brokerage firm in Illinois, announced that Heather Gustafson has joined the firm. A top-producing broker with extensive experience in new-construction residential sales and marketing, Gustafson has produced over $200 million in career sales
The Illinois Association of Realtors has sent out a call for action to its members, urging them to oppose a new state bill that, it claims, will increase home seller fees by $75 million per year. “Please contact your
We may think we have a firm grasp of our market’s value, but new research suggests that’s not the case. Chicagoland homeowners overvalue their listings by 0.63 percent, at least compared to what certified appraisers judge as the value
MRED, Chicagoland’s MLS, recently announced a number of additions to its services, namely a direct listing feed to Zillow/Trulia and a new syndication dashboard for brokerages. MRED’s direct feed comes on the heels of similar Zillow Group agreements, which
Foreclosure levels fall across the country, but remain well above pre-crisis levels. CoreLogic today released its February 2015 National Foreclsoure Report, and the findings were indicative of a trend we’ve been seeing since last year, which is decline. Since
It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just over two years to break-even on a mortgage in Chicagoland, meaning the point at which
A new CoreLogic study details the fall of cash sale shares across the country. A home is a good investment, but a normalizing market has somewhat thinned out the opportunities to make quick, high yield sales, and as a
Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Chicagoland – where
Where, in Chicago’s vast urban landscape, were home sales the highest? Last week, we reported on the top-selling suburban communities in Chicagoland, and now, courtesy of the same exclusive monthly data from our friends at Redfin, we’re back to look at
Moderate home price gains in February suggest the market may be stabilizing. Home prices continued their strong ascent in February, according to CoreLogic’s newest Home Price Index. Including distressed sales, home prices climbed 5.6 percent from the same time
Zillow Group today announced that Zillow and Trulia have signed 14 new agreements with multiple listing services in the past two days, including Chicago-based Midwest Real Estate Data (MRED). Errol Samuelson, Zillow Group’s chief industry development officer, said new additions
A new tech company is looking to apply the benefits of “Big Data” to property tax appeals. From the mortgage process, to the MLS apparatus, to the growing prominence of syndication sites and private research firms, “big data” has
It’s been common knowledge that Chicagoland’s rental market is on fire, but is that narrative slowly changing? For some time now, the rental narrative has been one as commonly told as that of low mortgage rates. Rents, spurred on by surging
Where, in the wide range of Chicagoland’s suburbs, are home sales the highest? Last week, we reported that after a disappointing January, home sales in the Chicagoland area bounced back in a major way in February, improving 3.7 percentage