Local News

Real estate news in Chicagoland

Underwater homes down in metro Chicago
Underwater homes down in metro Chicago

Nationally, homeowners with mortgages saw their home equity increase by 16.2% year-over-year from the fourth quarter of 2019.

Illinois jumps five spots to No. 30 in 2021 best states list
Illinois jumps five spots to No. 30 in 2021 best states list

It also ranks among the top 20 states in the education, opportunity and crime and corrections categories.

@properties names VPs of brokerage services in Winnetka, Downers Grove
@properties names VPs of brokerage services in Winnetka, Downers Grove

@properties has named Tom Downing and Kelly Kirchheimer as vice presidents of brokerage services and designated managing brokers for the Winnetka and Downers Grove offices, respectively.

Chicago ranked 9th most in-demand city based on 2020 mortgage loans
Chicago ranked 9th most in-demand city based on 2020 mortgage loans

The mortgage lender looked at the average salaries of successful applicants in each city, their average FICO credit scores, the average size of their loan requests and the median list price for that location.

John Lawrence to manage Berkshire Hathaway Elmhurst office
John Lawrence to manage Berkshire Hathaway Elmhurst office

Berkshire Hathaway HomeServices Chicago has promoted managing broker John Lawrence to manage the company’s Elmhurst office.

The Lending Issue: Ready, Set, Close!
The Lending Issue: Ready, Set, Close!

To help you best serve clients in these uncertain times, we consulted with three of the city’s top lenders to find out their expectations for 2021 and what changes caused by the pandemic are here to stay.

Bridge financing for developers takes a new form
Bridge financing for developers takes a new form

There’s no shortage of people borrowing money these days. The real challenge is matching up the right client with the right project, according to Gary Williams of Rothschild Capital Solutions.

Dream Town Realty expands with BellaHart Group
Dream Town Realty expands with BellaHart Group

“I have always appreciated their professional presence in our industry, and when they moved into the area I work in, I became intrigued.” Dympna Fay-Hart, Dream Town

@properties gains VP of Education
@properties gains VP of Education

As a member of the residential brokerage firm’s education team, Paoli will help to create and lead programs related to business development, marketing and sales, as well as its trademarked suite of technology applications.

Nearly a third of Chicago homes face bidding wars
Nearly a third of Chicago homes face bidding wars

In Chicago, 31.9% of Redfin offers faced bidding wars in January compared to 26.3% in December 2020.

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