Local News

Real estate news in Atlanta

Tax Credit Effect Evident in Illinois Third Quarter Home Sales Sales

More than half of Illinois counties reported gains in the median home sale price during the third quarter of 2010 compared to a year ago despite the post-tax credit slowdown in sales activity. According to the Illinois Association of

Hanauer Honored With NAR Distinguished Service Award

Joe F. Hanauer, a Realtor from Laguna Beach, Calif., and Chicago, Ill., has received the National Association of Realtors 2010 Distinguished Service Award. Out of 1.1 million Realtors no more than two are recognized with this award each year.

Metro Chicago Real Estate Market Registers Solid 9-Month Gain in 2010

Home sales activity in the metropolitan Chicago real estate market registered a solid gain of 11 percent for the first nine months of 2010 when compared to the same period in 2009. That was achieved even as third-quarter transaction

Lakeshore East Master Plan Winner of Third Master Plan Award

Proclaimed a ‘village in the heart of the city,’ the 28-acre Lakeshore East community rising on the New Eastside has been honored with its third major master plan award. The community being developed by Magellan Development Group was selected

Coldwell Banker Receives 2010 ‘Spirit of Youth’ Award

Coldwell Banker is being honored with the 2010 “Spirit of Youth” award from the National Runaway Switchboard (NRS) for its work and dedication in supporting the organization’s mission of keeping America’s runaway and at-risk youth safe and off the

4th Quarter Home Sales in Chicago Real Estate Market Offer Accurate Picture of the Year Ahead

A recent study by RE/MAX of home sales in the metropolitan Chicago real estate market since 2005 suggests that home sales activity in the 4th quarter of the year provides a handy gauge of the number of homes likely

Agents’ Choice Awards Nominees Revealed

The votes have been tallied, and the results are in! Here are the nominees for each of the 15 categories in the 2010 Agents’ Choice Awards. The winners will be announced in the fifth annual Agents’ Choice Awards issue,

South Loop Condos for Sale as Development Goes on Hold

Condominium developers flocked to the South Loop in the 1990s because it contained available land near downtown that was affordable compared to surrounding neighborhoods. They hoped to cash in on the housing boom and offer young professionals an opportunity

Special Incentive Package Offered on Spring Deliveries at Lexington Park in Des Plaines

Through November 30, Chicago-based Lexington Homes is making it a little easier to purchase a new home with its new package of incentives on all spring delivery homes at Lexington Park, a community of 120 townhomes in northwest-suburban Des

Chicago-Naperville-Joliet Foreclosures Increase 35 Percent in Third Quarter

RealtyTrac today released its Q3 2010 Metropolitan Foreclosure Market Report, which shows that cities in California, Florida, Nevada and Arizona once again accounted for all top 10 foreclosure rates in the third quarter among metropolitan areas with a population

Team Toll Brothers “Lights The Night” with Charity Walkathons to Honor Joel Rassman, Former CFO

Toll Brothers is sponsoring a series of “Light the Night” walkathons to benefit The Leukemia & Lymphoma Society. Toll Brothers has a rich history of giving back to the community, hosting an annual fundraiser for the American Cancer Society, among

Midwest Real Estate Data (MRED) Survey Response by Local Agent Results in a New iPad

When the phone rang in her office and Midwest Real Estate Data (MRED) was on the other end of the line, Katie Schmitt, Assistant Manager for Apartment Guys Gold Coast, had a moment of panic. Fearing the worst, Katie

High Affordability Conditions for September’s Illinois Housing Market

Record low mortgage interest rates and more affordable home prices benefited buyers in September, although the Illinois housing market remains subdued after the tax credit without stronger signals from the economy in the areas of jobs and improved consumer

Park Douglas Groundbreaking Marks Important New Housing Start for Chicago’s North Lawndale Neighborhood

A historic neighborhood on Chicago’s west side is poised for a new beginning October 26, with the groundbreaking for Park Douglas, an innovative 137-unit mixed-income rental housing development. The ceremony will take place at 11:00 am, at the intersection

NNP Residential Announces Contest For Rental Property Visitors

If renting at the best locations in downtown Chicago or the North Side is not incentive enough, NNP Residential has come up with a rewarding new reason to consider doing so. From now until December 31st, anyone touring the

Brian Dempsey, Vice President, Bank of America Home Loans, St. Charles

Number of years in real estate: 13 Describe your look: Classic and traditional, yet incorporating current style What do you consider a “fashion don’t”? Black tie means tuxedo – period.  Every man should invest in a tuxedo and personalize

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