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Real estate news in Atlanta

Affordability Continues to Trend in First Quarter of 2011

According to the Illinois Association of Realtors, 70 percent of homes sold in the first quarter of 2011 were sold for under $200,000. The median price for homes during the first quarter of 2011 was $131,175, which was down

Bank of America Revamps City Eyesores

A community group in the city of Chicago will soon have the potential to rehabilitate or demolish abandoned and foreclosed homes through a Bank of America Corp. program that will now hand over ownership to these properties, according to

Midwest Real Estate Data to Join Forces With Goomzee

Midwest Real Estate Data (MRED) has agreed to license Goomzee’s Realty Connect product. MRED provides the largest multiple listing services to 40,000 customers; their listings encompass northern Illinois, southern Wisconsin and Northwest Indiana. Goomzee’s Realty Connect is an industry-leading

New Plan for Waterview Tower

Waterview Tower has been a prospective 90-story skyscraper, a potential 60-story hotel and office, and even a BASE jumping locale, but Chicago developer, Related Midwest now plans to morph the

National Home Sales Steady: Local Home Values Decline

Nationally, home sales are steady, while prices have generally been dwindling for the past 57 consecutive months. However, Chicago’s first-quarter data suggests that the nine-county area is facing loss in both sales and

Residents of Hyde Park Condiminium File Lawsuit

Once known as the tallest building on Chicago’s South Side, the current 98-unit residential building located at 5000 East End Ave. in Hyde Park is quickly losing residents’ occupancy and patience. The building is currently facing a lawsuit over

A Buyer’s Ideal Market: Affordability in Chicagoland Housing

First quarter Illinois housing sales showcased the affordability in the current market, with nearly 70 percent of Illinois homes sold with price tags of under $200,000, and a median of $131,175, according to Illinois Association of Realtors

RE/MAX Signature Moves to Lincoln Park Office, Adds Agents

Linda O’Donnell, broker/owner of RE/MAX Signature, recently announced that the firm will be moving from their current office located in North Center to 2411 N. Clybourn in Lincoln

Harsh Competition Among Chicago Area Brokers

A newly released study showcases the increased competition among the largest local residential brokers. Coldwell Banker NRT, Baird & Warner Inc., Coldwell Banker Honig-Bell, Prudential Rubloff, @properties and Koeing & Strey were the top-ranking Chicago area firms in 2010,

Midwest Real Estate Data Collaborates with Onboard Informatics

Midwest Real Estate Data (MRED), well-known real estate data aggregator and distributor, is exploring the use of MLS data syndication through their agreement with Onboard

RE/MAX Expansion Expected to Increase Productivity

Chicago real estate office, RE/MAX Signature, has expanded their facility and recently gained new agents from RE/MAX Skyline, continuing their steady growth over the

“Home Alone” House For Sale

According to NBC Chicago the infamous house where the 1990 film “Home Alone” was filmed has hit the market and you can own it for a cool $2.4

Karen Marposon of Weichert Realtors Recieves National Honor

Weichert Realtors honored Broker and Relocation Specialist Karen Marposon with the “Pinnacle Award” at the Weichert Northern Illinois and Southern Wisconsin Broker Council Rally on March

RE/MAX Edge and RE/MAX NorthCoast Chicago Merge

RE/MAX Edge in Chicago’s Lakeview neighborhood continues to grow and expand, especially in light of its recent merger with RE/MAX NorthCoast, an established brokerage in Chicago’s Rogers Park neighborhood. The merger will strengthen the brokerage’s position in the Chicago

Chicagoland Foreclosures on the Rise

Investigations into mortgage servicers’ processes are over and the delay in foreclosures has ended, too. The number of properties that are being returned to lenders is increasing once

Four New Agents Join Dream Town Realty

Dream Town Realty announced four new Realtors joined the brokerage last month. The new March recruits are Anthony Motton, Peter Childs, Susan Boush and Tom Kelley. All four agents offer residential home sale and purchase services in the Chicago

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