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Real estate news in Atlanta

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

Neena Vlamis of A & N Mortgage Named Top Mortgage Originator

Neena Vlamis, president and co-owner of A & N Mortgage Services, Inc., was ranked in Scotsman Guide magazine as one of the Top 200 Mortgage Originators nationally and one of the Top Three Woman Originators in Illinois. Scotsman’s Guide received

CoreLogic: Foreclosure Inventory Down 20 Percent in July

The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,

Chicago Asking Prices Soar 12.2 Percent in August

Asking Price growth appears to be slowing nationally, but that was hardly the case here in Chicago, according to new research from Trulia. Chicago’s for-sale market continued to outpace its rental market in August, according to the latest Price

Robert J. Buford To Be Inducted To CAR Hall Of Fame

Many people wouldn’t dare start a company in the midst of a recession, but the aggressive decision to do so by Robert J. Buford, founder of Planned Realty Group, has paid off. Now, three decades after launching PRG, his

The 10 Most Populous Hispanic Communities in the U.S.

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

Koenig & Strey Adds to its Lincoln Park, Chicago-Webster Street and Gold Coast Offices

Koenig & Strey Real Living Real Estate had a busy week before the holiday, adding a new team member to three different offices before Labor Day Weekend. According to a recent press release, Shay Hata, a Lakeview resident, joined

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