Local News

Real estate news in Atlanta

2013 Immediate Past President of IAR Named 2015 Illinois Realtor of the Year

CEO of CENTURY 21 Affiliated Chicago, Thomas Bretz, announced that Loretta Alonzo, managing broker of CENTURY 21 Affiliated in La Grange Park, was recognized as the 2015 Illinois Realtor of the Year by the Illinois Association of REALTORS®. Loretta

Coldwell Banker Groves Office Opens Its Doors in Long Grove

Coldwell Banker Residential Brokerage has officially opened the doors of its Groves office, located at 4192 IL Route 83, which will service Buffalo Grove, Long Grove and the surrounding communities. Redesigned with today’s real estate industry in mind, the

Realty Rewind

The Top 20 Agents in Chicagoland Sold 7 Percent Of Chicagoland’s Total Sales Volume Chicago Agent’s Real Data came out on Monday, and interestingly, the top 20 agents in Chicagoland sold 7 percent of the six counties’ total sales

Chicagoland Caps Off Lackluster 2014 with Lukewarm December

It was the same old narrative for the 2014 housing market in December, according to fresh analysis. Home sales in the nine-county Chicagoland totaled 7,971 in December, a 3.7 percent decline from Dec. 2013’s 8,278 sales, according to the

SPECIAL REPORT: Windy City Sees Healthy 2 Year Decline in Foreclosures

Using data provided by CoreLogic, we look closer at the foreclosure and serious delinquency rates of the last two years. Last week, we reviewed CoreLogic’s latest foreclosure report, which provided a brief snapshot of national and local foreclosure levels

Andersonville Will Be One of the Nation’s Hottest Markets in 2015

Chicago will be home to one of the nation’s busiest real estate markets, according to analysis from Redfin. Andersonville is poised to be one of the hottest real estate markets in the U.S., according to a special report from Redfin.

The Top 20 Agents in Chicagoland Sold 7% Of Chicagoland’s Total Sales Volume

Chicago Agent magazine released the numbers and ranks the top 20 agents and brokerage offices in Chicagoland’s six counties in its Real Data online issue. Chicagoland’s top five residential real estate offices closed over $4,550,000,000 in 2014, showing an

Related Midwest to Acquire Chicago-Based Affordable Housing Landlord

In 1992, the U.S. Department of Housing and Urban Development sold the 628-unit Marshall Field property to a venture of investors with a bid requirement that the property remain for low-income tenants for 25 years. Fourteen years later, Related

Chicago Poised For Some of Nation’s Best Price Gains in 2015

Few housing markets will perform better than Chicagoland in 2015, according to new analysis. The year of 2015 will be a good one for real estate in the Chicagoland area, according to the latest Market Report from research firm

Millennial Employment Stands Out in Housing Barometer

Trulia’s fourth quarter Housing Barometer explains how housing ended 2014 on a good note. Trulia released its newest Housing Barometer this week, which reflects 2014’s fourth quarter on a scale of 0 percent (recession levels) to 100 percent (pre-crisis

Chicago Cash Sales Decline in October

Cash sales are on the decline, but still represent a large chunk of the market. Recovery was the word in 2014, as the national real estate market shifted and readjusted to find its footing, and as we slowly begin

Despite Price Increases, Chicagoland Still Most Undervalued Metro in Nation

We’ve come a long ways since the market crash, but new research suggest we’ve still a ways to go. Asking prices may be up in Chicago by 9.6 percent, but the market remains undervalued to market fundamentals, according to

Chicago Foreclosures Continue Trailing Nation in November

November saw foreclosures drop…just not everywhere. Nationwide, the plague of foreclosures persists, but their frequency has dwindled to much more manageable and healthy levels, according to the latest report from CoreLogic. As of November 2014, completed foreclosures were 41,000,

Chicago Raises Third Quarter Equity According to CoreLogic

CoreLogic’s third quarter equity report helps instill confidence for 2015. Early today, CoreLogic released its quarterly equity report, detailing the state of both the nation and individual metros in regards to the current level of equity in the market.

MRED Announces New CEO and President

Filling a position left vacant by Russ Bergeron in June of last year, who took an executive position at Real Estate Digital, Midwest Real Estate Data (MRED), Chicagoland’s MLS, announced today that Rebecca Jensen will be taking over as

David Weekley Homes Starts Building in Elmhurst

David Weekley Homes, a private homebuilder, is in the process of building its first home in Elmhurst with completion expected for April 2015, according to a press release. The home, dubbed The Emeryman, will be a two story, 3,341-square-foot

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