Local News

Real estate news in Atlanta

Related Realty Announces New Hubbard Street Office

Related Realty has officially opened its doors to its newest office on 350 West Hubbard Street. President of Related Realty, David Wolf commented on the new office space. “Now that we’re up and running with a talented team of

United Real Estate Chicago Celebrates One-Year Anniversary with a Milestone of 100 Agents

United Real Estate, a fast-growing urban-centric real estate and franchise operation company, today announced its achievement of reaching 100 agents in the United Real Estate Chicago office, only one year after its grand opening. United Real Estate has been

FNC Index Shows Home Prices Rise in April, Housing Recovery Continuing

The housing market is moving towards recovery with U.S. home prices increasing, found FNC in its latest study of the market. U.S. home prices are continuing to climb in April, as stated by the most recent FNC Residential Price

Are Chicago Home Prices Outpacing the Suburbs?

Housing prices have been uniformly increasing the last year, but a new Trulia study finds that city markets have the edge on their suburban competitors. City or suburbs? It’s one of the prevailing questions in real estate today, whether

Village People to Play at Guaranteed Rate’s Disco Dash

Guaranteed Rate announced that iconic 1970s superstars, the Village People, have signed on to make the mortgage company’s third annual Disco Dash even more funkadelic by bringing down the house as the headliners of the 5K/10K race. Whether you’re

Prudential Rubloff Appoints Ben Gerstman Managing Broker of Northbrook Office

Michael Pierson and Chris Eigel, principals of the prestigious Chicago-area real estate firm Prudential Rubloff Properties, have appointed Ben Gerstman to the position of managing broker of the firm’s Northbrook office located at 1143 Church Street. “Ben is celebrating

Related Acquires Discounted Debt on Stalled Chicago Spire Site

Related’s acquisition of debt increases the likelihood of future projects on the Chicago Spire site Related of New York has agreed to buy the discounted debt on the stalled Chicago Spire condominium property, which was supposed to be North

And the Nation’s Top 10 New Construction Markets Are…

No industry was more affected by the housing slump than construction, but 10 markets in the U.S. have robust construction markets; is Chicago one of them? Though nearly every industry in the U.S. was impacted by the economic downturn,

Magellan Development Tops the Leasing Rate With Coast Tower

Magellan Development’s Coast Tower, a 51-story residential building located in Chicago’s New East Side at 345 E. Wacker Drive, reached 50 percent occupancy, topping the leasing rate of all previous buildings in the 28-acre community adjacent to Millennium Park.

Chicago Home Prices Rise 2.7 Percent in April Case-Shiller

Standard & Poor’s Case-Shiller Home Price Indices put up smashing numbers in April, and here in Chicago, the situation was similarly promising. Chicago home prices rose 2.7 percent from March to April in the latest Case-Shiller Home Price Indices

Boomerang Buyers Find Savings with Distressed Homes

According to Best Rate Home Loans, many metro areas, including Chicago, Miami and Boston, are outweighing the national market in their offerings of discounts on foreclosed homes. This comes at a time when the economy and housing market are returning

How Many Foreign Homebuyers are Searching for Chicago Properties?

International homebuyers represent a huge opportunity for real estate agents today, though some cities appeal to foreigners more than others. It’s no mystery that foreign homebuyers make up a hefty chunk of business for many real estate professionals today.

MRED Stuns Industry with Super-Success of MREDpalooza

MREDpalooza was a super-success! That was the consensus of the attendees, sponsors and exhibitors as told to the staff of Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), host of the event. MREDpalooza, which took place on

Chicagoland Home Sales Rise Nearly 30 Percent in May

May was a very strong month of real estate for the city of Chicago, with both home sales and home prices posting great gains. Home sales in the nine-county Chicago Primary Metropolitan Statistical Area rose 29.3 percent in May year-over-year

Has Housing Inventory Gone Up or Down in Chicago in 2013?

Housing inventory seems to be picking up on the national stage, but what about specific metro areas, like our beloved Chicago? The nation’s housing inventory has been one of the most hotly followed aspects of the housing market in

Chicagoland Homes Going Under Contract Faster

It’s a classic case of supply and demand: demand for homes, on account of record low interest rates, is extremely high, while housing inventory, on account of skittish sellers and underwater mortgages, remains low. The result? According to the

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