Local News
Real estate news in Atlanta
With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Chicago? It’s a classic case of supply and demand: demand for homes, on account of record low interest
In another sign of continued recovery for the real estate sector in Chicago, RE/MAX Plaza has plans to open a new office in Woodstock, Illinois, according to a recent Chicago Tribune Article. RE/MAX already owns two offices in McHenry
Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that RESAAS is sponsoring and attending MREDpalooza as a ZAP! level Sponsor. RESAAS provides a social network designed to allow real-time updating of property listings as well
Though Chicago home prices did not show much change from February to March, they appear to be making yearly headwinds. Though home prices in Chicago were flat from February to March in the latest Case-Shiller Home Price Indices from Standard
Memorial Day weekend officially starts today, and many people will be out vacationing; what vacationing communities, though, are the most popular? Memorial Day weekend is finally here, and numerous families will be taking advantage of the holiday to travel
Combined sales of the biggest Chicago brokerages jumped 27 percent from 2011, according to a report by research and publishing firm, REAL Trends Inc. Coldwell Banker, Baird & Warner, @properties, Prudential Rubloff Properties and Koenig & Strey Real Living
Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent
Spring was a good season for Illinois real estate, with April showers also contributing to a 25.3 percent of home sales. Illinois home sales increased 25.3 percent over previous-year levels in April, and the market looks to be in
Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is
Rents for Downtown Chicago apartments hit a new high in 2013’s first quarter, though market trends suggest that such highs are only temporary. Rents in Chicago’s downtown market outdid themselves again in 2013’s first quarter, with the price per
Michael Pierson and Chris Eigel, principals of the prestigious Chicago-area real estate firm Prudential Rubloff Properties, have appointed Taylor Lindstrom to the position of managing broker of the firm’s Winnetka office located at 850 Green Bay Road. “We welcome
Frank DeNovi, a sales associate with Coldwell Banker Residential Brokerage, has been installed on the board of directors for The National Association of Hispanic Real Estate Professionals Chicago Chapter. The installation dinner was held on May 16, 2013 at
Point2 Joins with MLS Industry Heavyweights for Major Event Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that Point2 is sponsoring and attending MREDpalooza as a ZAP! level Sponsor. Point2 provides real estate marketing and
The sales of ultra-luxury homes in Chicago were down in the first quarter, according to Chicago Metro Area Real Estate. Only five homes in the three million dollars or more category were sold in Q1, which is down from the
Coldwell Banker Residential Brokerage recently announced that Realtor Georgeann Weisman has joined their Flossmoor office. Weisman brings a bachelor of arts degree in management from Columbia College as well as seven years of real estate experience to Coldwell Banker.
There are some initiatives underway to bring more affordable housing to Chicago’s North Shore communities, but do they stand a chance of succeeding? Chicago’s North Shore has long been a bastion of upper-class living, but efforts are underway to