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Real estate news in Atlanta

Ronald Reagan’s Hyde Park Boyhood Home Demolished

Former President Ronald Reagan’s Hyde Park boyhood home is being demolished. Reagan lived in the apartment building, located at 832 E. 57th St., with his parents in 1914 and

Which Areas of Chicagoland Are Mortgage Free?

What communities in Chicagoland have the highest percentage of mortgage-free homes? Who are the homeowners in the Chicagoland area who truly owns their home, mortgage free? According to a new study from Crain’s, they’re either old or wealthy. In

7 Percent Tax Cap Will Be Phased Out

The city of Chicago will begin the phase-out of the 7 percent tax cap on property assessment  increases – a break created during the real estate boom to control the steep property tax hikes. The north suburbs will begin

When Will First-Time Homebuyers Make Their Triumphant Return?

Though the housing market is recovering, first-time homebuyers have thus far been an absent component of that recovery; when will they return? The housing market may be showing its best signs of life in years, but one essential component

What Neighborhoods in Chicago Have the Most/Least Inventory?

Housing inventory shortages have been an epic problem in some housing markets, but what neighborhoods in Chicago are plagued by low inventory? Housing inventory in March was nearly 20 percent lower than a year ago, and though that’s the

Real Estate in These Markets is a Home Run

What MLB baseball teams are surrounded by the most valuable real estate? And do their winning percentages influence the local real estate markets? It’s opening day for Major League Baseball, and Trulia, as it seems to do with just

Shadow Inventory Down 28 Percent From Peak

Shadow inventory is down an impressive 28 percent from its 2010 peak, but do its effect still languish in certain markets? CoreLogic’s latest report on shadow inventory in the U.S., which surveyed the nation’s inventory of seriously delinquent, REO

The 21 Chicagoland Markets Your Clients Should Consider

With dozens of communities and nearly 10 million residents, Chicagoland offers homebuyers a wealth of options, but these 21 markets stand apart from the rest. Zillow named Chicago the best market in the U.S. for homebuyers in 2012, and

Tight Inventory Constrains Pending Sales in February

The nation’s shrinking housing inventory has begun affecting pending home sales, the National Association of Realtors has reported. Pending home sales stalled a bit in February, as the nation’s shrinking housing inventory offered homebuyers fewer and fewer choices. The

Property Near Public Transit? It’s Higher in Value

A new study commissioned in part by the National Association of Realtors found that Chicago residences located near public transportation outperformed – by a wide margin – competing properties on the real estate market. A new study by the

Freddie Mac Predicts Best Spring for Housing in Six Years

The spring homebuying season is an integral time for real estate, and Freddie Mac is predicting 2013’s will be good news all around. The last couple months, there have been repeated signs of a housing recovery. From rising home

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

Nationwide home prices continued to recover in January, but how did our local housing market perform by comparison? Chicago home prices continued to lag behind most of the nation’s major housing markets in January according to the lastest Case-Shiller

NAHB Improving Markets Index Hits 274 Markets in March

The NAHB’s Improving Markets Index improved yet again in March, as more and more metropolitan areas join in on the recovery. The National Association of Home Builders’ (NAHB) Improving Markets Index expanded to 274 metropolitan markets in March, as more and

@gent App: @properties New App Facilitates Communication, Transactions Between Brokers

@properties has long been a brokerage known for its tech-savviness. But now, in addition of using top apps, the company has developed an internal app of its own. This is the first app for @properties to

How Many Homes are Still Underwater?

Negative equity remains a problem in the U.S. housing market, but as new research by CoreLogic shows, the situation is improving. Riding the wave of home-price increases, roughly 200,000 residential properties returned to a state of positive equity in

NAR: Existing-Home Sales in Feb at Highest Level in 3 Years

The news was uniformly positive in NAR’s latest existing-sales report, with sales and prices rising but what about housing inventory? Existing-home sales rose 10.2 percent in February year-over-year, while median price was up 11.6 percent according to the latest report

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