Local News

Real estate news in Atlanta

3 Unquestionably Good Signs for Chicagoland’s Housing Market

We ventured through the data jungle, and came upon three very good signs for our housing market. A couple weeks ago, we reported that though home sales have slumped in the Chicagoland area, there were signs that our housing

CoreLogic Report: Windy City Sheds More Foreclosures

Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion

Chicago One of Top 10 Luxury Markets in the Nation

New data shows that the city of Chicago is one of the most active luxury housing markets in the entire U.S. The city of Chicago is the No. 4 luxury housing market in the U.S. in terms of sales,

Construction Spending Report Paints Chicago as Balanced

Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to

What Income Does Your Client Need to Qualify for a Mortgage in Chicago?

At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory

CoreLogic Report: What Price Appreciation Says About Our National Economy

Stable, moderate price appreciation may tell a much larger economic story.   Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of

MRED Renews Relationship with 12 Local Realtor Associations

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has renewed agreements with all 12 of the local Realtor associations MRED provides services. Under the new Contract for Services Association agreements (CSAs), MRED will continue to provide MLS

Market Ranking: What Markets are Chicago’s Most Expensive and Affordable?

Coldwell Banker Real Estate released its 2014 Home Listing Report (HLR), which provides a side-by-side comparison of four-bedroom, two-bathroom homes in nearly 2,000 markets across the country, as well as rankings of the most expensive and affordable markets in all 50

South Loop Condominium Project Relaunches Sales

After two years of renting out a failed South Loop condominium project at 1555 S. Wabash, a Los Angeles investor has decided the market is strong enough to put the condos back up for sale. Built in 2009 by

Chicagoland Home Prices Balance Further in Latest Case-Shiller

Home price growth continued to slow in September, but as we argued with home sales, that’s not necessarily a bad thing. Balance was the name of the game for home prices in the Chicagoland housing market, which in September

@properties Lands at No. 8 on Chicago Tribune’s Top Workplace 2014 List

Amongst the midsized companies on Chicago Tribune’s Top Workplace 2014 list is @properties sitting at No. 8. For the second consecutive year, the largest independent real estate brokerage firm in Illinois, has been recognized as one of the Chicago

The Top-Selling Neighborhoods in the City of Chicago

Are the usual suspects at the top of the heap, or did October’s market offer some surprises? All hail the Near North Side! As was the case the previous month, Near North was the top-selling neighborhood in Chicago in

Chicago Cubs Welcome Wintrust as the Team’s Official Banking Partner

The Chicago Cubs and Rosemont-based Wintrust Financial have entered an agreement that will make the lender the Cubs’ official banking partner, replacing a handful of other banks the team had worked with in recent years that included Bank of

The Top-Selling Suburban Markets in Chicagoland

What suburban markets in Chicagoland saw the most home-sale activity in the month of October? Earlier today, we reported that Chicagoland’s overall housing market continued to normalize in October, with sales falling, prices rising and greater balance coming to

Chicagoland Home Sales Slump – and That’s a Good Thing

Though the latest housing report on Chicagoland home sales would seem distressing, it’s all a matter of perspective. Home sales in the nine-county Chicagoland area slipped 3.3 percent year-over-year in October, falling to 9,146, according to the latest analysis

Chicagoland 2nd Most Affordable Large Metro Area For Middle Class Buyers

The term “affordability” is thrown around quite a bit, but when it concerns the middle class, the scenario is all the more interesting. Chicagoland is the second-most affordable large metro area in the nation, with 67 percent of the

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