Local News

Real estate news in Atlanta

Green Construction Trends Continue to Grow

Green building trends in housing construction and remodeling are growing, and will only continue to increase in the future. According to Housing Wire, Harvey Bernstein, vice president, industry insights and alliances, McGraw-Hill Construction, noted that in 2010, a third

South Loop Condo Developers Face Lawsuits

Two years ago, approximately 100 condo buyers were sued for refusal to close on their units at One Museum Park West, located at 1201 S. Prairie Street; many of these cases have been settled in the favor of the

Sue Rossi Wins “Above The Crowd!” Award

Sue Rossi, co-owner of RE/MAX 2000 in Crete, Ill., earned one of the most prestigious honors conferred by the RE/MAX Northern Illinois real estate network: the “Above the Crowd!” award. This award goes to those who have made outstanding

Two New Agents Join Weichert, Realtors

Nicole Napientek and Marta Hudson have both joined the Naperville branch of Weichert, Realtors – Kingsland

RE/MAX Suburban Honored at Annual Awards Ceremony

During the recent 34th annual RE/MAX Northern Illinois awards ceremony, RE/MAX Suburban won the top award for sales production. The office had the highest number of transactions and the greatest sales volume of all multi-office brokerages in the RE/MAX

Homeowners Underwater with Second Mortgages Increase

Almost 40 percent of homeowners nationwide who took out second mortgages are underwater on their loans. That is more than twice the rate of owners who didn’t take out such loans. According to the Wall Street Journal, nearly 40

Five Charged in Alleged Mortgage and Construction Loan Fraud Scheme

Five individuals from the North Shore have been federally charged for allegedly partaking in a $15.7 million residential mortgage and construction loan fraud scheme, leading to a loss of more than $8 million for lenders, said the Chicago

RE/MAX Action Wins Northern Illinois Technology Award

Gary Jacklin of RE/MAX Action in Lisle, IL, recently received the Technology Award from Northern Illinois real estate

Rising Gas Prices Encourage Buyers to Pursue Urban Living

Coldwell Banker recently released the results of an online survey, which asked 1,188 Coldwell Banker real estate professionals about their perceptions regarding gas prices impacting home buying trends; many professionals noted an increase in desire for urban living, short

New Realtors Join Coldwell Banker Offices

Coldwell Banker announced recently that 10 RE/MAX Team 2000 Realtors have joined the Coldwell Banker Orland, Flossmoor and Tinley Park

Downtown Property Listings Decrease in Buyers’ Market

With home prices falling and buyers seeking good deals and ideal locations, it seems that many have turned to the downtown area; overall, MLS inventory in the downtown area is dwindling, with a 61 percent decrease of condos and

Matanky Awarded Rights to Two New Properties

Matanky Realty Group has been awarded exclusive rights to two properties in the Chicago

Willis Tower Owners’ Discuss Recapitalization/Sale of Iconic Building

North America’s tallest building, the Willis Tower (formerly known as the Sears Tower) is expected to be either recapitalized or sold, said Wall Street

Uptown Sees Biggest Uptick in Housing Prices Over Decade

Despite the housing market’s decline, housing prices in Andersonville and Uptown have reportedly seen a steady climb upwards in the past

Wabash Development Group Acquires Land For Chinatown Eastern Towers

Chinatown developer, See Y. Wong of Wabash Development Group, recently acquired a warehouse on 2401 S. Archer Ave. The space will be cleared to make way for the first phase of Eastern Towers, a new $100 million mixed-use development

$1000 Raffle Winner at The Columbian Broker Party

Alvia Baker of DuSable Realty and Appraisal won the $1,000 American Express gift certificate at a broker party held by The Columbian on May

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