Local News

Real estate news in Atlanta

CoreLogic: Home Prices Up 12.4 Percent in July

The nation’s home prices continued to improve in July, with the latest Home Price Index from CoreLogic posting fantastic year-over-year numbers. Home prices continued their double-digit performance in the CoreLogic Home Price Index, rising 12.4 percent year-over-year in July. That

Realtor Eric Smith Added To Coldwell Banker’s Hyde Park Office

Coldwell Banker Residential Brokerage recently announced the addition of Eric Smith to its Hyde Park office. Smith, who earned his bachelor’s degree in finance from Howard University, spent a semester studying at Hautes Etudes Commercial in Paris while finishing

The Top 10 New Construction Markets in Chicagoland

Chicagoland’s new construction markets have improved quite dramatically in the last year, but where, specifically, have new home sales been the strongest? So far in 2013, Chicagoland’s new construction housing market has been putting up some smashing numbers. Not

How Quickly Do Listings Go Under Contract in Chicagoland?

The housing market, according to the latest numbers from Redfin, seems to be slowing down; is that the case here in Chicago? For the third straight month, the percentage of listings that went under contract within two weeks decreased

How Many New Rentals Will Go Up in Chicago Within The Next Year?

Since there is such a high demand for rentals, it is no surprise that an abundance of  downtown apartments will be completed in 2013 and 2014. Crain’s Chicago Business provided a map of developments that are planned, under construction or already

When Will Chicago Be Ready to Build Another Skyscraper?

Building a new skyscraper is not possible in Chicago’s current economy, but is it possible to see one in the future? Even though Chicago is well-known for its beautiful skyline, a new skyscraper would not last in this economy.

Prudential Rubloff Properties Hires Realtor Allyn Rawling

Apart from being a mother, an avid reader and a singer in three separate choirs, Allyn Rawling is a real estate agent, and it’s her work in this field that is music to the ears of Prudential Rubloff Properties.

@properties Adds To Successful Track Record

Not long after being heralded as the largest independent realty firm in Illinois, @properties is once again being recognized as one of America’s fastest-growing entities. For the seventh time, Inc. Magazine named @properties to its list of 5,000 rapidly

Will Oversupply Sink Chicago’s Rental Market?

Chicago’s rental market has been cruising along the last few years, but have developers been a bit too exuberant in their building? Chicago’s rental market has been one of the big success stories in the post-boom housing market, but

Lakeview Condo Files Suit to Have Divvy Station Removed

A Lakeview condo association filed a lawsuit against the Chicago Department of Transportation and 46th Ward Alderman James Cappleman in an effort to get a Divvy docking station removed from the front of a three-unit building at 3565 North

Chicago Home Prices Up 7.3% in June Case-Shiller

June was a stellar month for Chicago home prices, with the Windy City putting up some of the strongest home prices gains in the nation. Home prices in the Chicago metropolitan area were up 7.3 percent year-over-year in June,

The “Wright” Price for a Frank Lloyd Wright Home

Famous architect, Frank Lloyd Wright, designed over 100 homes located in the Chicagoland area, and they’re well-known for their historical significance and character. However, even though the homes are admired throughout the area, sellers who have rehabbed those homes

The Nation’s Busiest Residential New Construction Markets

Residential construction put up some great numbers in July, but are those gains consistent with our local real estate market? July was a very strong month for residential new construction. Not only were building permits up 2.7 percent from

Illinois State Fire Marshal Withdraws Fire Sprinkler Requirement

After considerable anticipation, the Office of the Illinois State Fire Marshal has announced that it is withdrawing its proposal that all existing and new single-family and multifamily residences built in the Land of Lincoln be required to include fire

What Were Chicago’s 10 Busiest City/Suburban Markets in July?

Chicagoland’s housing market had a wonderful July, but what specific markets shined the brightest? July was a great month for the greater Chicagoland housing market, but more specifically, what were the busiest housing markets in the city and suburban

Existing-Home Sales Up 6.5% in July, Inventory Stabilizes

Not only were existing-home sales up by monthly and yearly measures in July, but housing inventory continued to stabilize as well. July was a rock solid month for existing-home sales, according to the latest data from the National Association

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