Local News

Real estate news in Atlanta

Chicago Home Sales Up 53.1 Percent in October

By Peter Ricci Home sales in the city of Chicago increased by stratospheric amounts in October, posting a 53.1 percent increase year-over-year with a median sale price jump of 8.0 percent, according to the latest numbers from the Illinois Association

Century 21 Returns to Super Bowl Marketing Roster

By Natalie Terchek Real estate company Century 21 is returning to the Super Bowl’s marketing roster for the second year in a row. According to Beverly Thorne, Century 21’s CMO, the company is expected to air a 30-second commercial

US Appraisal Group Ranked on the Inc. 500 List

By Natalie Terchek Inc. Magazine ranked the Chicago-based US Appraisal Group Number 319 on its annual Inc. 500, an exclusive ranking of the nation’s fastest-growing private companies. It was also ranked the 11th fastest growing real estate company in the

Baird & Warner, Guaranteed Rate Named in Tribune’s Top 2012 Workplaces

By Peter Ricci Chicago real estate was well represented in the Chicago Tribune’s Top Workplaces of 2012, with both Baird & Warner and Guaranteed Rate earning high distinctions from the paper. The Top Workplaces is an exhaustive list that ranks

Realtor Confidence Index Falters on Tight Home Lending Standards

By Peter Ricci The Realtor Confidence Index from the National Association of Realtors (NAR) faltered a bit in September, with tight home lending standards stalling the index’s momentum. The index had been rising steadily through most of 2012, and

Open House Theft Translates to Lawsuit for Midwest Realty Ventures

By Peter Ricci An open house theft in Highland Park has translated into a pending lawsuit for Winnetka-based Midwest Realty Ventures, a Prudential Rubloff affiliate that operates throughout the North Shore. According to a number of reports on the

FindLaw Survey – Americans Encouraged by Housing Market

By Peter Ricci Consumer sentiment towards the housing market has been gradually improving in Fannie Mae’s National Housing Surveys, and a new FindLaw survey has found that the situation is improving other notable ways. According to the FindLaw survey, which

How Did NAR’s Political Candidates Fare in the Election?

By Peter Ricci The National Association of Realtors spends quite a bit of money advocating Realtor issues, and nowhere are its expenses more prominent than in the realm of politics. In 2012 alone, NAR contributed $2.92 million to political

Asking Prices and Rents Continue to Increase in Trulia Price Monitor

By Peter Ricci Asking prices increased 0.7 percent from September to October in the latest Trulia Price Monitor, a survey of all the listings featured on the real estate syndication site. In addition, prices rose 2.9 percent from October

The New Real Estate Crystal Ball

By Anne Hartnett I am in real estate media. I eat, sleep and live the topic. It’s what people corner me about at dinner parties, the gym and the dog park. Because of my work, I track several high-tech

Construction Re-Starts on 111 West Wacker Drive

By Natalie Terchek Today, Related Midwest held a ceremony commemorating the re-start of the construction of 111 West Wacker Drive. The site will become a 60-story tower with 504 luxury apartments and ground-level retail. The Silver LEED designed development

‘Business as Usual’ for Prudential Rubloff, Despite Berkshire Acquisiton

By Carlo Calma and Peter Ricci Michael Pierson, principal for Prudential Rubloff Properties, announced Tuesday, Oct. 30 that operations for the brokerage will not be affected by the recent acquisition of the Prudential and Real Living real estate franchises

Bergeron Elected to 2013 RESO Board of Directors

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that its Chief Executive Officer Russ Bergeron has been elected to the 2013 Board of Directors of the Real Estate Standards Organization (RESO). RESO is a group

Illinois Hardest Hit Program Helps 5,000th Homeowner

By Carlo Calma Illinois Hardest Hit, a temporary mortgage payment assistance program, has helped its 5,000th homeowner protect their home from foreclosure, according to an issued press release. Resident James Thomas Henry is the 5,000th homeowner the state assistance

Chicago Home Prices Rise 0.7 Percent in August Case-Shiller

By Peter Ricci Chicago home prices increased 0.7 percent from July to August in the latest Case-Shiller Home Price Indices, the economic measure from Standard & Poor’s (S&P) that is considered the authority on home prices in the U.S.

MRED Prolongs Winning Streak with Rollout of MLS Data Co-op

Midwest Real Estate Data (MRED), Chicagoland’s MLS, has announced that the MLS Data Co-op, from CoreLogic, the provider of the Realist public records platform, has gone live with what will eventually become a major listing content

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