Local News

Real estate news in Atlanta

Ryland Homes’ Presales for Herrington Estates in Bolingbrook Begins

In Bolingbrook, Ryland Homes’ new community, Herrington Estates, a community of single-family homes, has officially started pre-construction sales. The community is located near I-55 and falls into the school district

Inland to Acquire Hinsdale Property from Fraudulent Developer

Oak Brook-based Inland Real Estate Group plans to acquire a Hinsdale residential development. The original owner was accused of a Ponzi

Dream Town Has Highest Percentage of CAR Top Producers in Chicago

Agents from Dream Town Realty were recognized last Thursday night at the annual Chicago Association of Realtors’ awards ceremony. In all, 18 percent of Dream Town’s agents received Top Producer honors, the highest percentage of any brokerage in

Weichert, Realtors – Frankel & Giles Launches Short-Sales Division

WEICHERT REALTORS —Frankel & Giles Real Estate has launched a new Short-Sales Division to help home and condominium sellers market their distressed properties during the current economic downturn. “Housing analysts report that more than 25 percent of Chicago homeowners

Disbarred Chicago Lawyer Guilty in Federal Mortgage Fraud Case

A federal jury convicted a disbarred Chicago lawyer on fraud charges for her role in facilitating staged real estate transactions involving Chicago homes in 2003, federal law enforcement officials announced today. The defendant, Lorie Westerfield, was found guilty on

Willis Tower Launches Solar Windows Pilot

Pythagoras Solar today announced that it has been chosen by Willis Tower, formerly Sears Tower, to collaborate on a pilot project to help deliver on the building’s renewable energy and energy efficiency improvement

February Home Sales Up 1.3 Percent from January in Illinois

February home sales in Illinois increased from last month while year-over-year comparisons still reflect an impact from the homebuyer tax credit

Weekend RE

If sometimes you feel like you’re throwing money down the drain to cover high utility bills, this first story should offer some

Wellness Events for Mainstreet Organization of Realtors

Main Street Organization of Realtors (MORe) has teamed up with Healthy People Grant to assist in creating a healthier Chicagoland area. Their goal is to help expand awareness of behavioral and lifestyle risk factors and what their effects can

Bobby Jenks Reduces Price on Hinsdale Home

By Tom Butala Former Chicago White Sox Reliever Bobby Jenks reduced the price today on his West Suburban

Illinois Association of Realtors Releases Data Supporting Case for Higher Government Loan Limits

The Illinois Association of Realtors (IAR) yesterday released new data that shows mortgage loans above the current conforming limit have not led to an increase in foreclosures in the Chicagoland region as some have previously thought. The data provides

Chicago Architect Nathan Kipnis Wins Green Award

Chicago and Northshore architect, Nathan Kipnis, has been named one of the six recipients of Chicago Magazine’s fifth annual Green Awards.  He will be featured in the April 2011 issue, which comes out March

Poll: Confronting Unprofessionalism

Unprofessionalism and unethical agents is a big complaint in the real estate industry. How can it be stopped? Many think reporting it and punishing this behavior is a way to stop it, but some people would rather not deal

Lexington Park Condos Go Rental

According to ChicagoRealEstateDaily.com (CRED), The South Loop’s Lexington Park Condominiums have gone

Weekend RE

Homeowners and buyers are taking advantage of low interest rates, according to ChicagolandRealEstateForum.com. For the week ending March 4, the Mortgage Bankers Association reported that mortgage applications rose 15.5 percent compared to the week before, says

Wealthiest Suburbs Also Affected By Housing Market

The slow housing market is affecting every city, even some of the wealthiest suburbs of Chicago. Suburbs located in the Northwest and the North Shore like South Barrington, Barrington Hills and Lake Forest have been suffering with the rest

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