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Real estate news in Atlanta

Is Demand for Downtown Apartments Falling?

The demand for downtown apartments is not as high as landlords expected it to be for this year. The overall downtown apartment occupancy rate in Chicago dropped to 92.6 percent in the third quarter, down from 95.3 percent a

Is Housing in Chicago Still Undervalued?

The housing market has seen strong price gains through much of 2013, but has it made up all that lost ground from the downturn? Let’s start with the good news: there’s no way that the national housing market is

How Pricey, Really, is Chicago’s Condo Market?

We often hear about how expensive condos are in our area, but how do they compare to other metro areas in the U.S.? Condo prices nationwide continued to increase in October, according to new analysis by the folks at

Chicago Tribune Releases Top Workplaces List

The Chicago Tribune recently released its list of the best places to work in Chicago, and the real estate industry is represented well among the top small (250 employees or less), midsize (250-999) and large (1,000 or more) businesses.

Prudential Rubloff/Koenig & Strey to Merge Under HomeServices

Prudential Rubloff and Koenig & Strey made a big announcement earlier today on the future of their businesses. Chicago brokerages Prudential Rubloff Properties and Koenig & Strey Real Living will merge and form a new brokerage under the HomeServices

How Many Sellers in Chicagoland Lower Their Asking Prices?

How common is it for home sellers in our area to lower their asking prices? And how do we compare with other major metro areas? Signs have been quite clear in recent months that the housing market has noticeably

Is Consumer Interest in Housing Starting to Wane?

The housing market experienced a great swing of activity in the summer months, but what’s happening now as the market starts to cool? Homebuyer interest may have surged to its highest level in years during the summer homebuying season,

MBA: Chicagoland’s Foreclosure Inventory Down 33%

The health of Chicagoland’s housing market continued to improve, according to the latest market research by the Mortgage Bankers Association. Foreclosure inventory in Chicagoland fell a hefty 33 percent year-over-year in the third quarter, according to the latest National

Trulia: Chicago Asking Prices Jump 16.4% in October

Asking prices seem to be slowing down nationwide, but is that the case here in Chicago? October was a very positive month for Chicagoland’s asking prices, with the metro area posting some of the best numbers in the nation

Prudential Rubloff/Koenig & Strey Prep for Major Announcement

Prudential Rubloff and Koenig & Strey are preparing for a major announcement later today; could it be a merger? Prudential Rubloff Properties and Koenig & Strey Real Living are prepping for a 3:30 p.m. announcement this afternoon, though the

The 6 Reasons that Chicago Homeowners Invest in Improvement Projects

We’re often told how great home improvement projects are for home sellers, but what are the actual reasons that sellers pursue such projects? Home improvement projects are often pegged as one of the grandest reasons for owning a home

CoreLogic: Chicagoland Home Prices Up 9.96% in September

September was a solid month for home price growth in Chicagoland, with prices rising in the latest index from CoreLogic. Home prices in the Chicagoland area rose 9.96 percent year-over-year in September, according to the latest Home Price Index

MRED CEO to Judge at Upcoming Realogy Innovation Summit

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced today that MRED CEO Russ Bergeron has been chosen to serve as a judge at the upcoming “Realogy Innovation Summit – Powered by Retsly”, being held later this

3 Undeniable Signs That the Foreclosure Markets Have Improved

It’s been a slow, steady recovery for the nation’s foreclosure markets, but CoreLogic’s latest report solidified just how far they’ve traveled. The release of CoreLogic’s latest National Foreclosure Report, which covered economic data through September, made one thing clear

Residential Construction in Chicago Skyrockets 74% in September

September was a VERY positive month for Chicago’s residential construction sector, which saw yearly gains that far outpaced other metro areas. Though residential construction in Chicagoland remains historically low, the area posted the strongest numbers in the nation among

Analysis of Third Quarter Numbers Shows a Mixed Bag of Treats

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), reported today that its analysis of recent transaction data for 2013 uncovered some notable metrics. While it is no secret that this year has produced a remarkable volume of

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