Local News

Real estate news in Atlanta

Builder Confidence in August at Highest Point in Nearly 8 Years

Builder confidence continued its upward trend in August, rising to its highest mark since 2005. August has proven another sterling month for homebuilders, with the National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder

Plans For New Condo High Rise Might Signal Market Upswing

Possibly symbolizing an increase in the sale of downtown high-rise condos, Chicago-based CMK Cos. is considering the development of a 16-story, 150-unit condo building in the South Loop, according to a Crain’s Business Chicago article published online Aug. 12.

Where in Chicagoland Have Foreclosure Filings Fallen the Most?

All of Chicagoland saw foreclosure filings plummet in 2013’s first half, though some areas improved more than others. Chicagoland’s mortgage markets put up some encouraging numbers in 2013’s first half, with foreclosure filings for the six-county region falling more

Housing Inventory in Chicago Down 26.2 Percent in July

Housing inventory in Chicago was down by double-digit amounts in July; how do those declines compare with the rest of the nation? Housing inventory in July may have been down 26.2 percent year-over-year in Chicago and 16.2 percent nationally,

How Healthy Are Chicagoland’s Mortgage Markets?

The second quarter proved a boisterously good period for the nation’s mortgage markets, but did all that good cheer extend to our local marketplace? Last week, we reported on the latest National Delinquency Survey from the Mortgage Bankers Association,

Three Coldwell Banker Offices Pull Together For Ronald McDonald House Charities

The Coldwell Banker Residential Brokerage offices of Elmhurst, Clarendon Hills, and Hinsdale will once again participate in the Ronald McDonald House Charities of Chicagoland and Northwest Indiana’s Annual Pulling for the House fundraiser on Saturday, August 17 at the

Rachel Bailey, Jane Shawkey, Nicholas Myers and Candace Taylor Join Coldwell Banker

Coldwell Banker Residential Brokerage is pleased to announce that Rachel Bailey and Jane Shawkey have joined their Gold Coast office. They will be marketing the condominium units at The Ritz-Carlton Residences on Michigan Avenue through the Coldwell Banker Previews

Trulia Confronts ‘End of Suburbia’ Meme with New Study

One of the more common housing memes, as of late, has been the end of suburbia: that because of the housing boom, and all the rampant suburban speculation that drove it, prospective homebuyers are opting for smaller units in

Baird & Warner Names New Director of Career Services

Christine Davis has been named Baird & Warner’s director of career services, working with broker associates across Chicagoland to advance their careers within the brokerage. A top producing agent for 17 years, Davis has spent the last eight years

Chicagoland Homebuilder Sales Up 40 Percent in Second Quarter

The second quarter was a highly positive period for Chicagoland homebuilders, with both suburban and city markets posting big increases. The spring homebuying season is typically the busiest time of the year for homebuilders and real estate agents alike,

MBA: Delinquency Rate Now At Lowest Level Since 2008

The nation’s mortgage markets continued to improve in 2013’s second quarter, with the MBA’s report being one of its most positive. The mortgage markets improved in several notable ways in the second quarter, according to the latest National Delinquency

What are the Nation’s Busiest Housing Markets?

Is Chicago among the busiest housing markets in the U.S.? A new report from Redfin shows how the Windy City stacks up to the competition. What are the busiest housing markets in the U.S.? That question was at the

CoreLogic: Home Prices Up 11.9 Percent in June

June was yet another banner month for home prices in CoreLogic’s Home Price Index, but could home price gains be slowing down? Home prices continued their sterling performance in June, rising 11.9 percent year-over-year in the latest Home Price

Fire Sprinkler Requirement Could Become Reality For IL New Construction

Fire sprinklers could soon be required for all new construction residential developments in Illinois, if a proposal by the state’s Fire Marshal is adopted. After considerable anticipation, the Office of the Illinois State Fire Marshal has proposed that the

Trulia: Asking Prices Up 11.3 Percent in Chicago in July

Asking prices in Chicago were up 11.3 percent in July, though that activity came amidst a slowing housing market. Asking prices in July were up 11.3 percent year-over-year in Chicago in the latest Trulia Price Monitor, a leading measure

Western Springs Sees a Record-Setting Sale

Recently Western Springs sold its most expensive publicly-traded home ever, according to a recent article by Chicago magazine. The 17-room home sold for 2.6 millions dollars, far ahead of the previous record holder, which sold for 2.1 million in

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