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Real estate news in Atlanta

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

2.5 Percent Drop for Chicago Home Values Brings New Post-Bubble Low in Case-Shiller

Though home values nationwide began to stabilize in S&P’s latest Case-Shiller Home Price Indices, prices in Chicago continued to fall, hitting new post-bubble lows. From February to March, prices fell 2.5 percent in Chicago, while nationally, prices were unchanged.

App Takes Real Estate Selling To New Dimension

Agents looking to take their selling skills to another dimension will have one more tool in their arsenal. Miami-based software development company Evolution Ventures has recently launched their Sage iPad and web-based application for Realtors in the Chicago

10 Things You Didn’t Know About NAR’s $1.45 Million Purchase

The National Association of Realtors (NAR) announced earlier this week its purchase of 437 N Rush, a two-story building that borders the west side of the association’s Chicago headquarters off Michigan Avenue. NAR will now own the entire block

New Home Sales Rise 28 Percent in Midwest, Garrison Benson, CEO/president of Garrison Partners, Comments

The housing recovery continued rolling along this morning, with the Commerce Department reporting that new home sales rose 28 percent in the Midwest in April. Nationally, sales rose 3.3 percent from March to April, and 9.9 percent from April

Should Chicago Real Estate Sacrifice History for Growth?

We all know that cities must continue growing to remain relevant, but at what cost? A land sale along South Shore Drive is engaging that very argument. A three-plot land sale just north of 77th Street, the 2/3 acre-sale

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