Local News

Real estate news in Atlanta

Major mixed-use development coming to United Center parking lots

A privately financed, $7 billion megadevelopment will rise around the United Center over the next 10 years.

Suburban single-family home sales drop 20% year over year

Median sale price increases 10% to $425,000.

Illinois sales are increasing as inventory rises — but not in the city

Statewide home sales increased slightly during May, according to data from Illinois REALTORS®, but the increase in inventory was much starker.

White Sox likely to change ballpark name to Rate Field in 2025

The South Side ballpark has been called Guaranteed Rate Field since November 2016 as part of a 13-year naming rights deal.

Husband-and-wife architect duo list their Ukrainian Village creation

This geometric home in Ukrainian Village is hitting the market. Joanne Nemerovski of COMPASS serves as listing agent.

River North apartment, The Hensley, is going (luxury) condo

The Hensley, a 43-unit apartment at 707 N. Wells St., is going condo and rebranding as a luxury residence: Château on Wells.

Guaranteed Rate rebrands itself as Rate

The new name conveys a “concise, modern identity,” the company said. 

MRED joins NAR lawsuit settlement

MRED said it will not change historical data that reference buyer’s agents’ compensation.

Downtown prices are growing slowly across the Midwest — and have decreased in Chicago

Downtown property prices in the Midwest are growing at significantly slower rates than other sections of those cities. And that’s especially true in Chicago.

May marked one year straight of monthly suburban price increases

According to recent data from Mainstreet Organization of REALTORS®, May marked the 12th month in a row that prices in the Chicago suburbs rose, year over year.

A down payment of just 20% may be a thing of the past, Zillow says

Buying a home in Chicago? Here’s the down payment you need to afford it.

Related Midwest breaks ground at former Spire site

On June 17, developer Related Midwest broke ground on 400 Lake Shore: a two-tower, residential development at the former Spire site.

Chicago REALTORS® hosts annual DEI summit

The event featured discussions on working with clients who have disabilities, examining bias in appraisals and more.

This Chicago suburb ranks as the safest and most affordable — in America

GOBankingRates determined the top 50 areas that boast low crime while maintaining a low cost of living — and Elgin came in at No. 1.

Crescent Heights unveils condos at historic 850 Lake Shore Drive

The 97-year-old building features sweeping lake views, a rooftop deck, fitness center, indoor pool and spa.

Southbank’s next phase approved just as Lendlease exits project

Southbank, a seven-acre masterplan by Lendlease, has already taken shape in the South Loop. But in late May, the Australia-based developer announced it is pulling out of all United States developments.

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