Local News

Real estate news in Atlanta

Victor Vita Joins Coldwell Banker Lincoln Square Team

Realtor Victor Vita has recently joined Coldwell Banker Residential Brokerage according to an issued press release. Vita will work alongside the Coldwell Banker team in their office in Lincoln Square, headed by Managing Broker Lori

Bergeron Added to MDA Board of Directors

Chief Executive Officer of Midwest Real Estate Data (MRED) Russ Bergeron has been named to the board of directors of the MLS Domain Association (MDA). Bergeron will work alongside MDA, whose purpose is to obtain, manage and promote the

Julie Bristow, Broker Associate, Prudential American Heritage, Barrington

What was your first job in the realty industry? My first job is my current job! It’s very exciting to be on the ground level of a start-up, watching our managing broker recruit a wonderful team of agents. Where

Foreclosure Filings Down 4 Percent From 2011

National foreclosure filings, which include default notices, scheduled auctions and bank repossessions, were up 9 percent from April to May but down 4 percent from May 2011, according to new data from RealtyTrac. For May, one in every 639

FHA Financing Soars 500 Percent from 2006

The granddaddy of housing construction data, the U.S. Census Bureau’s “Characteristics of New Housing” report, just came out for 2011, and it features numerous stats on the single-family home market. Perhaps the most interesting data, though, involves financing, and

3 Reasons the Luxe Life is Here

The Trump International Hotel & Tower in Chicago made a big splash last week when it listed one of the most expensive slices of real estate in the city’s history – an 89th-floor, 14,260 square-foot, $32-million penthouse. Trump Tower, though,

Chezi Rafaeli, Coldwell Banker, Lists the $32 Million Chicago Trump Tower Penthouse

Chezi Rafaeli, a luxury real estate agent from Coldwell Banker Residential Brokerage’s Gold Coast office, has listed a $32 million penthouse residence in the Trump International Hotel & Tower in Chicago. This listing goes on the record as one

Prudential Rubloff Properties Adds Ivas Couple to Sales Team

Principals of Prudential Rubloff Properties Michael Pierson and Chris Eigel announced the addition of Diana and Chuck Ivas to their sales team. The couple, who have consistently ranked in the “Top 20 Teams of Northern Illinois,” will bring their

5 Great Things Happening in the Construction Economy

Everything was sunny and fine for the U.S. construction industry in April, which continued its 2012 gains with strong showings for the month in the Census Bureau’s latest report. Altogether, construction spending rose 0.3 percent from March to April

53 Percent of Cook County Condo Transactions Paid in Cash

The subprime mortgage market collapse in 2007 heralded a new era of lending, one defined by caution and conservatism – and as a result, as housing demand continued to grow, mortgage supply dwindled. But as a new study by

Keller Williams Welcomes Ashley Carter

Keller Williams Preferred Realty recently welcomed Ashley Carter, formerly of Koenig & Strey Real Living. Carter brings 13 years of industry experience to Keller Williams Preferred Realty in Orland Park, which he chose because of its “agent-centric

Wolf Point Project Towers at $1 Billion

Representatives from real estate firm, Hines, Kennedy Enterprises and Magellan Development Group unveiled a $1 billion project slated for the city’s Wolf Point area at a community meeting May 29. The three-phase project includes a residential building and two

58 Reasons to Applaud Chicago’s Real Estate Community

More than 250 real estate professionals were in attendance at the 2012 Good Neighbor Awards on May 24 at the Hilton Chicago, where the Chicago Association of Realtors (CAR) recognized 58 Chicagoland builders for their unique achievements. A special 20th anniversary event, the

5 Things YOU Should Know About Copyrights on the MLS, with Jeff Lasky, Director of Communications and Training at MRED

The First Multiple Listing Service (FMLS), a 55-year-old MLS that serves more than 30,000 agents throughout Georgia, was in the news last week when Lane Bailey, a Realtor in the state, discovered that when uploading photos to FMLS, agents

41.1 Percent of Chicago Homes in Negative Equity, with comments from Steve Lawrence, Branch Manager for Baird & Warner Lake County

According to the first quarter Zillow Negative Equity Report, 41.1 percent of homes in Chicago are in negative equity, while nationally, 31.4 percent are underwater. The data, though, is not as scary as it looks. Of those 31.4 percent, 90

RE/MAX Agent Leo Koulouris Honored With Special Distinction

New Lenox-based Realtor Leo Koulouris of RE/MAX All Properties can add another milestone to his career as he was recently named “Realtor of the Year” by the Three Rivers Association of Realtors. Koulouris received the recognition during the Illinois Association

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