Local News
Real estate news in Atlanta
By Carlo Calma Chicago-based Eidco Construction has announced that industry veteran Scott Deliberto has joined the firm as a site superintendent. Deliberto’s new role at Eidico include overseeing project construction and operations, according to CEO Chez Eider. Deliberto is
By Peter Ricci According to new numbers just released by the Illinois Association of Realtors (IAR), Illinois’ new licensing requirements for real estate agents have resulted in a 22.3 percent decrease in overall licensees for the state. That number
By Carlo Calma Northbrook-based Integrated Development Group is planning on turning the former Lakeshore Athletic Club in Streeterville into a residential building, as reported by Crain’s Chicago Real Estate Daily. Located at 850 N. Lake Shore Drive, Integrated Development
Marci Sepulveda and Anne Hartnett, the founders and publishers of Agent Publishing, appeared on Tastytrade’s “Bootstrapping in America” program for an in-depth interview on their professional experiences, the founding of Agent Publishing, and, of course, the current state of
By Peter Ricci A housing company specializing in converting foreclosed properties has just entered the Chicagoland market with its first purchase in Aurora, according to a new report from the Chicago Tribune. Waypoint Homes, a California firm, owns more
By Peter Ricci The shadow knows – that his inventory is severely down! According to researchers at Morgan Stanley, the shadow inventory has fallen 35 percent from its 2010 peak, yet more evidence of stabilizing inventories in housing. The
By Peter Ricci Chicago led the nation in the latest Case-Shiller Home Price Indices from Standard & Poor’s, with home prices for the city rising by 4.5 percent from April to May and showing the best monthly appreciation of all
Hot on the heels of a proposed eminent domain plan in San Bernardino County California, the city of Chicago is considering a similar plan for underwater mortgages in Cook County. Eminent domain is a little-mentioned government power that allows
By Carlo Calma Chicago-based development company Related Midwest, an affiliate of the New York-based Related Companies, has announced that former @properties broker David Wolf has been named president of Related Midwest Sales, according to a Crain’s report. First up
By Carlo Calma Downers Grove-based Realtor organization Mainstreet Organization of Realtors (MORe) has awarded Libertyville Realtor De Shaun Cox with its Community Service Award, according to a July 26 press release. Cox was nominated for the award by her
By Carlo Calma Thaddeus Wong and Michael Golden, co-founders of Chicago real estate brokerage @properties, has named Kevin Van Eck to the role of director of agent development in a press release. Van Eck will step up to his
By Peter Ricci Pending home sales rose year-over-year for the 14th consecutive month in June, according to the latest Pending Home Sales Index from the National Association of Realtors. A forward-looking index based on contract signings, the Pending Home Sales
By Carlo Calma As part of its continued efforts to expand in the metropolitan Chicago real estate market, RE/MAX Northern Illinois has announced its intention of establishing a new franchise in Lake Forest according to a press release. The
If you can’t buy it, rent it. That might be an appropriate slogan for recent proposed ordinance in Chicago that aims to put renters in buildings going through foreclosure. Chicago aldermen are expected to introduce an ordinance today that
By Stephanie Sims Did AMC’s Hell on Wheels not get picked up for another season? Because one of its stars, and successful rapper, Common, is facing foreclosure on his Chicago condo. Several reports, including one from Crain’s, say that
Zillow joined the fray of optimism that has swept over real estate analysis the past few weeks with its latest Real Estate Market Report, stating that not only did housing values bottom in February of this year, but they