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Real estate news in Atlanta

Realtor Income Up 25 Percent in 2012

For the second straight year, both the income and business activity for Realtors increased in 2012, with incomes jumping by 25 percent. 2012 was a good year for Realtors, with both business activity and income up for the second

Illinois Foreclosure Activity Down 17 Percent in April

The news was relatively good for Illinois’ foreclosure markets in April, with foreclosure activity down by double-digit amounts. RealtyTrac’s U.S. Foreclosure Market Report for April was relatively kind to Illinois, showing the state’s foreclosure markets to be improving. Overall foreclosure

Majority of Americans Expect Home Prices to Increase

American consumers are growing more and more confident with the housing recovery, according to Fannie Mae’s latest National Housing Survey. More than half of American consumers expect home prices to rise within the next year, according to the latest

@properties Co-Founders Named Ernst & Young Entrepreneur Of The Year 2013 Finalists in the Midwest for Second Consecutive Year

Chicago real estate firm @properties announced that, for the second consecutive year, company co-founders Michael Golden and Thaddeus Wong have been named finalists in the Ernst & Young Entrepreneur Of The Year 2013 program in the Midwest. The Ernst &

Koenig & Strey Opens New Skokie Brokerage Office

Koenig & Strey expands their company footprint in Chicago’s north suburbs with the opening of a new brokerage office in Skokie. Koenig & Strey Real Living has announced the opening of a new brokerage office in Skokie, located at

Chicago Home Prices Up Yearly, Down Monthly in February Case-Shiller

Chicago posted year-over-year increases in the February Case-Shiller, and though monthly prices were down, they mirrored prices in eight other major cities. There was good news and bad news for Chicago home prices in the latest Case-Shiller report from

Inventory in Chicago Neighborhoods Down 83 Percent Since 2011

The shortage of good housing inventory in Chicago is hardly news, but the extent of the decline for some neighborhoods is still quite surprising. News flash! Housing inventory in Chicago, as with most of the nation’s other major housing

Pending Home Sales Index Affected by Low Housing Inventory

Though March’s Pending Home Sales Index from NAR was a positive one, it suggests the low housing inventory levels are affecting home sales at the contract level as well. Pending home sales rose by both monthly and yearly measures

Trulia Emerges as Top Sponsor of MREDpalooza

MRED, Chicagoland’s MLS, has announced that Trulia is on board as a POW! Sponsor (top level) of MREDpalooza, the largest MLS-hosted free real estate tech expo in the country. Trulia gives homebuyers, sellers, owners and renters the inside scoop

How Do Bank-Owned Properties in Chicago Compare to Non-Bank Owned?

How does Chicago’s bank-owned real estate compare with its non-banked owned? And how have those numbers changed in the last year? In the latest Real Estate Market Report from Zillow, which analyzed housing data for 2013’s first quarter, Chicago

Mortgage Delinquencies at Lowest Level Since 2008

A new Lender Processing Services study indicates that mortgage delinquencies and foreclosures are moving in the right direction The amount of mortgage delinquencies that were behind in their payments or in foreclosure is at its lowest level since 2008,

What Cities Do Foreign Homebuyers Want to Live in Most?

With the Internet, foreign homebuyers have never had it easier buying property in the U.S. But what cities do they favor the most? It was Thomas Friedman who famously stated that “the world was flat,” and his statement applies

Is Homeownership Still Integral to the American Dream?

Homeownership is often pegged as the ultimately realization of the “American Dream,” but a new study from the MacArthur Foundation finds consumers may not agree with that sentiment. The housing crisis changed many things in the housing market –

Chicagoland Home Sales Up 18.1 Percent in March

The real estate markets in Chicagoland were nothing but positive in March, posting their strongest numbers in five years. Home sales in the nine-county Chicago Primary Metropolitan Statistical Area rose 18.1 percent year-over-year in March, totaling 7,914, while the median

Fifth Third Bank Awarded Gallup Great Workplace Award

For the second time, Fifth Third Bank has been recognized as a Gallup Great Workplace Award winner. Fifth Third was one of 32 companies across a diverse group of industries nationally to make the grade. “As you know, employee

Chicago No. 2 City in U.S. For Pet Lovers

It can be difficult for renters to find a residence for them and their pets, but a select number of cities – Chicago included – are quite pet-friendly! Americans are a diverse bunch, with numerous views on religion, politics

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