Local News

Real estate news in Atlanta

NSBAR Welcomes New Board Of Directors At Annual Gathering

At its 94th Annual Awards & Installation Celebration, the North Shore – Barrington Association of Realtors (NSBAR) ushered its 2013-14 board of directors into office. The gathering, recently held at the Chevy Chase Country Club in Wheeling, drew in

Baird & Warner Launches New Advertising Campaigns

Baird & Warner is reaching out to buyers and sellers through unique forms of advertising. Their campaign has been seen on CTA buses, billboards, online and print outlets across the Chicagoland area. And on Sept. 17, they launched their newest way

IAR: Chicagoland Home Sales Rise 24.3% in August

August was a very solid month for home sales in Chicagoland, with both the city and suburban markets putting up great numbers. Home sales in the nine-county Chicagoland area rose 24.3 percent year-over-year in August, totaling 11,771 sales according

Housing Inventory Rises in August – What of Here in Chicago?

Housing inventory seems to have finally turned the corner nationally, but what of here in Chicago? The nation’s inventory of housing has been a major topic of conversation among analysts and real estate professionals alike this year, but if

Baird & Warner Real Estate Announces Sales Back to 2007 Numbers

Baird & Warner has surpassed $3.5 billion in sales as of July 2013, a level of business the residential brokerage hasn’t seen since 2007. Baird & Warner also announced that the company has closed nearly 14,000 transactions and taken

Coldwell Banker Marks Its Third Annual Foundation Awareness Month

For the past three years, Coldwell Banker has devoted its September to promoting and acting on behalf of the Coldwell Banker Charitable Foundation. Throughout the month agents, employees and their respective communities are encouraged to benefit the foundation. Common

Rogers Park Residents Disappointed in Pritzker’s Parking Garage Plan

Residents of Rogers Park protested outside the Shambhala Meditation Center on Sunday to express their disappointment with a plan to build a parking garage on the land, according to DNAinfo Chicago. Jennifer Pritzker, CEO of private wealth management firm Tawani Enterprises, purchased

Foreclosure Activity in Chicagoland Down 58% in August

Foreclosure activity in the Windy City remains high, but it’s fallen by a dramatic amount from 2012. Foreclosure activity in the Chicagoland area was down a whopping 58 percent year-over-year in August according to the U.S. Foreclosure Market Report

23.1% of Chicagoland Mortgaged Properties Still in Negative Equity

Though Chicagoland’s housing market has made notable strides in the last couple of years, the problem of negative equity lingers on. Though the Chicagoland housing market has made quite a bit of progress in the last year,  nearly a

Mainstreet Organization of Realtors Names President For 2014

With more than two decades of industry experience, broker Michael Parent will serve as the 2014 president of the Mainstreet Organization of Realtors (MORe), according to a recent press release. Parent, who is a broker with Coldwell Banker and is Burnet

HomeFinder: Winnetka No. 4 Luxury Suburb in the U.S.

According to a new study by HomeFinder.com, Winnetka is among the top suburban luxury housing markets in the nation. There’s one point for the North Shore! In its latest housing analysis, HomeFinder.com looked at suburban luxury housing markets, and

NAHB’s Improving Markets Index Soars to 291 in September

The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the

How Many Negative Equity Properties Remain in Chicagoland?

The nation’s mortgage markets have improved dramatically in the last five years, but how many negative equity properties linger here in Chicagoland? More than eight million homeowners are own the verge of reaching positive equity, according to the U.S.

Cash Purchases Of Residential Properties Remain High In Cook County

Taking out a mortgage in order to purchase a residential property is no longer the default choice for Cook County buyers, who along with the rest of the country are making more and more cash purchases. Last year, 46.5

Apartment Construction in Chicago Up 53% in July

Residential housing construction put up some smashing numbers in July, according to new data from McGraw-Hill. Another month, another set of data confirming the apartment boom here in Chicago. According to new analysis out from McGraw-Hill (and cited by

Homeownership Rate Decreases From Five Years Ago

The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has

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