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Real estate news in Atlanta

Slow Foreclosure Process for Illinois

Illinois is now one of the slowest states when repossessing homes, with an average process time of 494 days, compared to 242 days in

Five New Agents Join Coldwell Banker

Five new agents have joined Coldwell Banker Residential Brokerage in various areas of Chicago, all eager to match buyers with their dream

“Rahm’s Renter” to Move Out in June

As Rahm Emanuel returns from Washington to take his new seat as Chicago’s mayor, the family who have been occupying his house plan to move out in

Suburban Lots, Land Sales Rise

While the market for new homes isn’t necessarily improving, investors who buy land for suburban subdivisions might have different feelings. Sales of developed lots and raw land for residential development rose in 2010, a positive sign for the housing

Midwest Real Estate Data ranked as Top 100 Call Centers

Midwest Real Estate Data’s Technical Help Desk is recognized as one of 2010’s Top 100 Call Centers, in the small center category, by BenchmarkPortal. >!–more–> CEO Russ Bergeron is proud MRED has been recognized for this achievement by a

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

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