Local News

Real estate news in Atlanta

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

Chicago Real Estate Continues Recovery in February

Chicago’s housing market put up strong numbers in February, with home sales and home prices both showing encouraging trends. The Chicagoland real estate market continued its steady march to recovery in February, with the Illinois Association of Realtors (IAR)

Is Owning Really Cheaper than Renting in Chicago?

Home prices may be rising at a rapid rate, but they’ve done little to minimize the financial appeal of homeownership, according to a new study from Trulia. Trulia released its Winter 2013 Rents vs. Buy Report earlier today, and

Weichert Realtors – Goodchild Homes Joins Willow Creek 5K Fundraiser

The office of clients of Weichert Realtors – Goodchild Homes has announced that the agency will participate in the Willow Creek 5K Run for Shoes, hosted by Celebration for Hope 2013, to support children in

Cloud CMA Part of MREDpalooza June Madness

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that Cloud CMA by W&R Studios is supporting MREDpalooza as a ZAP!

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