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Real estate news in Atlanta

New Home Data Coming to the MLS

Builders Digital Experience, Inc. (BDX), a joint venture between Move, Inc. and Builder Homesite, Inc., announced this month a unique partnership with nine multiple listing services – including Chicagoland’s Midwest Real Estate Data (MRED) – to provide new home

2013 Agents’ Choice Awards Nominees

After weeks of voting and hundreds upon hundreds of votes cast, we have our nominees for the 2013 Agents’ Choice Awards. Stay tuned for our Nov. 4 Agents’ Choice issue, where we will announce the winners!     Here

NAHB: Builder Confidence Wanes Somewhat in September

Builder confidence had been on a tear recently, but new data from the NAHB suggests a cooling off period. Builder confidence for the newly built, single-family home market stumbled a bit in October, with the National Association of Home

What is the Most Popular Home Improvement Project in Chicago?

There are many ways that homeowners can improve their residences, but what projects are the most popular? Home improvement projects are among the key tenets of homeownership. You purchase a home, renovate certain aspects of it, and then, several

Are Zombies & Vampires a Problem in Our Housing Market?

What are Vampire REOs and Zombie Foreclosures? And what problems do they pose for the housing market? Last week, we reported on the latest National Foreclosure Report from CoreLogic, and the news was uniformly good: foreclosure inventory was down a

Does the Middle Class Have a Chance in Chicago’s Housing Market?

The U.S. prides itself for its strong middle class, but how many options does that middle class have for housing in the nation’s largest cities? Homeownership has long been a cornerstone of the modern American Dream, the ultimate symbol

How Affordable Will Housing Be When Rates Hit 7 Percent?

Housing affordability has been on the decline this year, but by how much? And what will affordability look like when rates increase? It’s been an interesting year in the world of housing affordability. Record low mortgage rates and competitively

MRED Well-Represented At 2013 Multiple Listing Services Conference

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced today that several of its representatives will be attending the 2013 Council of Multiple Listing Services (CMLS) Conference taking place this week in Boise, Idaho. CMLS is the

What Neighborhoods in Chicago are the Most/Least Foreclosure Prone?

Foreclosures are a persistent problem in Chicago’s housing market, but not in all the city’s neighborhoods. Every month, CoreLogic and RealtyTrac release new data on foreclosures in the nation’s housing market, and every month, Chicago is near the top

Illinois Association of Realtors Installs 2014 Leadership

The Illinois Association of Realtors (IAR) recently installed its 2014 leadership, which includes a new president, president-elect and treasurer. Phil Chiles, a broker associate with the Real Estate Group in Springfield, will lead the IAR as its president in

CoreLogic: Foreclosure Inventory Drops 33% in August

The nation’s foreclosure markets have been showing considerable improvement in 2013, but did that trend continue in August? The good news continued for the nation’s foreclosure markets, according to CoreLogic’s latest National Foreclosure Report, with foreclosure inventory, completed foreclosures

Consumer Caution Grows in Latest National Housing Survey

Consumer sentiment on the housing market has gone nowhere but up in the last few months, but does the latest survey from Fannie Mae suggest a slowdown? Baby, we had a great run. Though consumer confidence on the housing

Did Chicago Rents Increase in the Third Quarter?

The nation’s rental markets have been quite hot in the post-boom housing market; did that trend continue into the third quarter? There have been two distinct memes in the housing market since 2008, both involving the nation’s rental market.

Baird & Warner Good Will Network Donates $50,000 to Charities

The Baird & Warner Good Will Network donated $50,000 to Chicagoland charities this month. This grant is in addition to a nearly $60,000 contribution that Baird & Warner made earlier this year to a number of other Chicago area

Trulia: Chicago Asking Prices Rocket 14.5% in September

Asking prices may have slowed nationwide in September, but here in Chicago, prices put up strong numbers on both yearly and quarterly measures. Asking prices in Chicagoland’s housing market were up a robust 14.5 percent year-over-year in September, along

How Much Do Homes Cost in Top Tier School Districts?

Strong school districts are often a top selling point for certain neighborhoods, but how do they translate to the median price of the area? It’s gotta be among the most common of questions that real estate agents receive –

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