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Real estate news in Atlanta

MRED Launches Realist NextGen

Midwest Real Estate Data (MRED) has announced that the greatly anticipated new version of its public records solution, Realist® NextGen, will be going live overnight

2011 Apartment Sales Ending Year with a Bang

As if the Chicago apartment scene was not already busy enough, Chicago Real Estate Daily’s Alby Gallun reports that three huge deals have transpired in the final month of 2011, putting the finishing touches on what could be the

Foreclosed Lake Forest Mansion Listed for $12 Million

The Schweppe mansion in Lake Forest is on the market for $12 million after a foreclosure lawsuit, according to a recent Crain’s article by Mary E. Morrison. The 27-room English-style mansion has been listed by an affiliate of First

NAR Sets its Sights on Mortgage Finance Reform

The National Association of Realtors (NAR) has zeroed in on the secondary mortgage market, calling for reforms to what it sees as a major contributor to a sustained housing recovery. In testimony before the House Financial Services Subcommittee on Capital Markets and Government-Sponsored

Dana Pierson-Emering Joins Coldwell Banker Residential Brokerage

Coldwell Banker Residential Brokerage has just announced the addition of industry veteran Dana Pierson-Emering to their team. Emering will work out of the brokerage’s Deerfield

Larry Steinway Named Senior Vice President of Chicago Bancorp

Larry Steinway announced his acceptance of a senior vice president position with Chicago Bancorp today. Steinway has been working in the mortgage industry for over 20

Home Showing Compromised in Deathly Manner

A home showing in Sauk Village, a small community 30 miles south of Chicago with just 10,000 residents, went horribly awry as two bodies were found in the home by the property’s owner and a prospective buyer.The victims, ages

Oak Park Receives Nearly $3 Million from HUD Sustainable Community Award

The recipients of the 2011 Department of Housing and Urban Development (HUD)’s Sustainable Communities Grants were recently announced by HUD Secretary Shaun Donovan. Oak Park and the West Cook County Housing Collaborative received the Sustainable Communities Challenge grant, which

Proposed Lakeview Complex Meets Local Opposition

A developer has proposed a 17-story rental and retail complex in Lakeview, but some locals aren’t thrilled about bringing a project of that size into the neighborhood, according to a recent Chicago Sun-Times article by David

Overregulation Driving Illinois Community Banks Batty

It’s tough for small community banks – though they had little to no impact on the financial crisis and steered clear of many of the exotic options that have troubled housing since 2007, many are facing an increasingly difficult

Demolition Begins on Proposed Evanston Apartment Complex

Demolition has just begun on the apartment complex at Chicago Avenue and Kedzie in Evanston. The developers have estimated that the units will be ready for residents around Spring

Dan Saunders Joins Prudential Rubloff as Manager of Rubloff Rentals

Principals Michael Pierson and Chris Eigel of Prudential Rubloff Properties were pleased to announce that Dan Saunders, founder of New Buffalo Vacation Rentals, is joining Prudential Rubloff as manager of Rubloff Rentals, the firm’s newest division in New Buffalo,

Mike Cuevas Comments on His Short Sale Flipping Strategy

The short sale process is a notoriously difficult affair, one that can take months to square away as agents bicker with banks and other financiers on an appropriate selling price for the foreclosure-prone property. But according to recent reports

Owning Becomes More Affordable Than Renting in 12 Cities, Including Chicago

The Wall Street Journal‘s third-quarter survey of housing-market conditions showed that home prices have fallen so far that the monthly cost of owning a home is at the most affordable it’s been in 15 years. Additionally, as rental rates

New Evanston Subsidized Housing in the Works

Aldermen gave the green light last week to a new affordable housing development on Evanston’s west side, according to a recent Chicago Tribune article by Jonathan

Luxury Apartments Proposed for West Loop

Ascend Real Estate Group LLC has constructed plans for a nine-story, 214-unit apartment building with retail space in Chicago’s West Loop. Ascend wants to begin construction by late summer with an estimated completion in

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