Local News

Real estate news in Atlanta

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

Condo Boards Plan to Enforce Rental Caps

Condominium boards for two luxury downtown high-rises aim to market a controlled amount of available rentals, in an effort to maintain the value of the properties, according to

Dream Town Realty Hires Five New Agents

Chicago-based brokerage Dream Town Realty added five new agents to its residential sales team in

New Director of Compliance at Keller Williams Gold Coast

Kimberly Trimmel, associate broker at the Keller Williams Gold Coast office, has recently been appointed as the director of compliance for the Keller Williams Gold Coast

RE/MAX Synergy Opens in Orland Park

A new brokerage, RE/MAX Synergy opened at 15607 S. Harlem Ave., in Orland Park, Ill.; the franchise is owned by Renaud Biscarrat (pictured), with a team of 57 affiliated agents who are eager to serve clients in Chicago’s southwest

Census Releases Housing Vacancies Stats for Chicagoland Areas

The Census Bureau released the “Profile of General Population and Housing Characteristics” for Illinois last week, which included information and stats that reveal which Chicagoland areas were hit the hardest by

Aqua Tower Receives Second Prix Award

Aqua tower at Lakeshore East received its second Prix d’Excellence International Design Award from the International Real Estate Federation, making it one of only 13 buildings in the U.S. to achieve a Prix

Weichert Relocation Resources Inc. (WRRI) Survey Reveals More Focus on Talent Management

A new survey from WRRI, one of the world’s leading relocation and assignment management companies, revealed that corporations are making fewer changes to their relocation policies and placing more focus on talent

Merger Could Create Largest Association in Illinois

A possible merger between two real estate associations would create the biggest Realtor association in Illinois and the fourth largest in the

South-Side Condo Sues Buyers for Deposits

With more unsold units than any other development in the city, and only about half of the buyers closing on their condos, buyers of 27 units are being sued by CMK Development Corp. due to their inability to close,

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