Local News

Real estate news in Atlanta

How Does Illinois’ Foreclosure Timeline Stack Up?

If the housing downturn has accomplished anything, it’s given us a new perspective on data. Formerly obscure sets of data, from the Case-Shiller Home Price Indices to the monthly delinquency reports from CoreLogic, are now pivotal cues to the housing

American Enterprise Once Again Calls FHA’s Finances Into Question

By Peter Ricci The American Enterprise Institute strikes again! After being one of the first major research firms to call the Federal Housing Administration’s (FHA) finances into question, the Institute has published another analysis of the FHA’s books, and

CAR CEO Ginger Downs Inducted into RPAC Hall of Fame

Virginia “Ginger” Downs, the CEO of the Chicago Association of Realtors (C.A.R.) will be inducted into the National Association of Realtors’ Realtor Political Action Committee Hall of Fame for her lifelong investment of $25,000 in RPAC, the Realtors Political Action

Timothy Branigan Joins Orland Park Branch of Keller Williams

The Orland Park branch of Keller Williams Preferred Realty is proud to announce the addition of Timothy Branigan. He will be joining the team as an independent contracted

2012 NAR Profile of Home Buyers and Sellers: For-Sale-By-Owner Sellers

The for-sale-by-owner (FSBO) market is one of untapped potential, like an oil reserve that real estate agents haven’t quite reached yet. After all, these are consumers who are looking to sell their homes, but are not seeking the expertise

Coldwell Banker Gives Back to Ronald McDonald House Charities

By Natalie Terchek Andrew Bowyer and Middlefork Development, partners with Ballis Group and Coldwell Banker Previews International, made a donation to the Ronald McDonald House Charities of Chicagoland and Northwest Indiana (RMHC) at an open house  on December 4

Orchard St. Condo Building in Lincoln Park Are Set to Be Demolished

An 11-unit condo building in Lincoln Park is will soon be no more – the owners of the condos at 1909 N. Orchard St., put the structure up for sale last week, and the buyer, a developer, plans to

Illinois Foreclosure Bill Set to Give Market a Much-Needed Boost

An Illinois foreclosure bill that could dramatically improve the state’s troubled relationship with distressed properties passed the state legislature this week, and is now awaiting final approval from Governor Pat

Asking Prices Continue to Improve in Trulia Price Monitor

Asking prices continued to show improvement in the Trulia Price Monitor, a leading indictor of market activity that studies the asking prices of new property listings on the real estate

Century 21 Affiliated Chicago Merges With Century 21 Kmiecik Realtors

Century 21 Affiliated Chicago announced its merger with Century 21 Kmiecik Realtors located in the Southwest Section of Chicago. The company will operate under the name Century 21 Affiliated

Clock is Ticking for Mortgage Forgiveness Debt Relief Act

By Peter Ricci The fiscal cliff, and its implications for the U.S. economy, may be receiving all the attention from the media, but the National Association of Realtors (NAR) is doing its darnedest to ensure that another, equally potent

Chicagoland MLS’s connectMLS System Still Highest Rated in the Country

By Melissa Swanner Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service, has announced that its MLS system, connectMLS, was rated the highest in the latest WAV Group MLS Technology Survey

Terry Penza Receives This Year’s William R. Magel Award

By Natalie Terchek The National Association of Realtors (NAR) presented Terese (Terry) Penza, president and CEO of the North Shore-Barrington Association of Realtors, the 2012 William R. Magel Award of Excellence on November 12. The award honors an individual

Monthly Mortgage Payments Average in Illinois, Finds Lending Tree

By Peter Ricci Monthly mortgage payments in the Land of Lincoln are pretty average, according to an expansive study by Lending Tree of the various states’ mortgage payments in the last 12 months. As Lending Tree found, monthly mortgage payments

The Roanoke Group Revives Lake Bluff Development

By Natalie Terchek The Roanoke Group, a California-based development group, plans to revive work on a failed 47-acre residential development in Lake Bluff it acquired last year. The group plans to push an even bigger project on the property

2012 NAR Profile of Home Buyers and Sellers: Characteristics of Homes

By Peter Ricci Last week in our continuing series on NAR’s 2012 Profile of Home Buyers and Sellers, we looked at the demographics of 2012’s homebuyers and how they searched for their future homes, and now, in our next

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