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Real estate news in Atlanta

New Ordiance Violates the 14th Amendment

A recently passed ordinance, which includes the bank who lends the property owner the mortgage, or the mortgagee, as a property owner and responsible for upkeep on abandoned properties, is being argued by many for its violation of the

Homeownership Decreases, Renting on the Rise

Interest in renting a home has increased dramatically and brokers need to be up to date on prices and availabilities of properties near them. RentJuice.com has a database of more than 15,000 rental properties in the Chicago land area

Hovnanian Acquires Distressed Residential Lots in North Aurora Subdivision

Late last month Hovnanian Enterprises Inc.’s Town & Country Homes Inc. acquired a batch of distressed residential lots in a North Aurora subdivision. This is the home builder’s fourth Chicago-area acquisition in the past six

Coldwell Banker Charitable Foundation Donates $29,000 to Ronald McDonald House Under President/CEO Direction

By Amanda Clayton After raising almost $100,000 last year in charitable funds, the Coldwell Banker Charitable Foundation is donating the $94,000 to 23 different organizations to support housing related causes in the Chicago, DuPage and Milwaukee region. These organizations

RE/MAX Takes Second Place in Market Share

RE/MAX has increased its market share and is now ranked second place among real estate brands that do business in

Baker Development Corp. Purchases Stalled Condo Projects in Lakeview

Warren Baker, president of Chicago-based Baker Development Corp., has agreed to purchase the unsold units in two stalled condo conversion projects in

Mortgage Application Volume Up 7.1 Percent

The Market Composite Index shows that the measure of mortgage loan application volume has increased 7.1 percent this week, while similar numbers have moved up and down. According to Mortgage Bankers Association’s weekly applications survey for the week ending

Sertus Capital Partners Reveals New Plans for Oak Park Building

Sertus Capital Partners developer unveiled plans detailing how the company will reinvent a high-profile corner in downtown Oak

Vacancy Rate Lowers, Still Down From 2010

The Chicago-area home vacancy rate has dropped to 3.6 percent in the second quarter, down from 4.3 percent in the first quarter, but don’t let that fool you. Numbers are still high and home vacancies are still apparent across

Adrian Smith + Gordon Gill Firm To Design World’s Tallest Building

Saudi Prince Alwaleed bin Talal plans to make the world’s tallest tower in Jeddah, Saudi Arabia, with the help of Chicago architecture firm Adrian Smith + Gordon

Prudential Rubloff Welcomes Dave Camp and Wade Marshall

Dave Camp and Wade Marshall of the Chicago Real Estate Group are now part of the Prudential Rubloff

Xplode Real Estate Technology Conference Coming to Chicago

The Xplode Conference has partnered with Chicago Association of Realtors to bring the powerful tech conference to the Chicago area on August 19. The conference will feature 25 speakers who will present on an array of topics varying from

What’s your favorite architectural style?

What's Your Favorite Architectural Style? What's Your Favorite Architectural Style? Pick your favorite architectural style Brownstone Bungalow Colonial Contemporary Prairie

John Poast Named Senior Vice President of Key Mortgage Services, Inc.

In June of 2011, John Poast moved to Key Mortgage Services, where he took on the role of senior vice

C.A.R. Golf Classic Raises $1,800

Chicago Association of Realtors raised $1,800 at this year’s Golf Classic. Members and other participants in the C.A.R. Annual Golf Classic raised funds by raffle contributors at the

Weichert Real Estate Affiliates (WREA) Announces New Franchise

Sudler International Realty has joined with WREA as Weichert, Realtors – Sudler International, according to president/CEO and sole broker/owner of Sudler International, Sergio

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