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Real estate news in Atlanta

Class A Apartment Sales Indicative of Strong Market

Chicago-based Fifield Companies and its joint-venture partner, Pacific Life Insurance Co. of Newport Beach, Calif., have announced their two Class A luxury apartment complexes in Chicago’s West Loop  – Echelon and Alta at K Station – are available for

Chicago Improves Dramatically in New Mortgage Fraud Report

Interthinx, an analytics company, released its comprehensive Second Quarter Mortgage Fraud Risk Report late last week, and among its chief findings, it found that Chicago’s mortgage fraud statistics improved significantly from last

City Announces New Plan for Building Permits

Chicago Mayor Rahm Emmanuel unveiled a new system for issuing building permits this week that streamlines the process and, hopefully, reduces wait

Weichert Realtors and Chicago Real Estate School Co-Host Career Nights

The Chicago Real Estate School has joined forces with Weichert Realtors – Sudler International, to co-host a series of Career Opportunity Nights for its

New Plans for Vacant Sheraton Hotel in Arlington Heights

Arlington Heights village board members and staff are excited but will not yet show any commitment to proposed construction for the vacant Sheraton Chicago

Regency Estates in St. Charles by K. Hovnanian Homes Schedules its Grand Opening: August 20 and 21

K. Hovnanian Homes will celebrate the grand opening of Regency Estates in St. Charles on Saturday, Aug. 20,

Prudential Rubloff Mobile App Available On All Phones

Prudential Rubloff now offers a mobile application that allows users to download the app to their phone and view homes for sale in the Chicago

New Construction Projects Show Signs of Housing Return

There appear to be signs of life in the West Loop, Hyde Park and even Cabrini Green. The Architects Newspaper reports that three new construction projects are hoping to break ground soon in all three

Chicago Developer Faces Foreclosure Suit

Developer William Senne faces a $6.4-million lawsuit over a business loan backed by 11 of his properties. First Midwest Bank N.A. filed a foreclosure lawsuit last month against a venture managed by Senne. First Midwest Bank N.A. is alleging

Chicago’s Colleges Could Make Consumers Invest in Real Estate

Fall and the back-to-school season is often characterized by parents and students getting last-minute school supplies, books and, for college-bound students, all the dorm necessities. However, this year, parents with college-age students may consider a different kind of bac-

Home Sales Statistics Skewed Because of Last Year’s Tax Incentives

This year’s Illinois Association of Realtors second quarter report shows home sales are down 18 percent from last year and the median home price of $142,000 is also down 11.3 percent from $160,000 in the second quarter of 2010.

Second Quarter New Home Sales Down 7.8 Percent

The seasonally adjusted rate of new home sales in the Chicago area fell in the second quarter. Down 7.8 percent from a year earlier, according to Crain’s, experts don’t predict to see much change in housing trends until

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

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