Local News

Real estate news in Atlanta

Almost 6,000 homes sell for more than $100,000 over asking price this year

In Chicago, 12 homes sold for at least $100,000 over asking price, up from four in 2021.

Harrison Row Townhomes, utilizing modular construction, offer affordable housing in East Garfield Park

Structured Development has officially launched the second phase of Harrison Row Townhomes, an affordable townhome community in East Garfield Park.

Chicago real estate market stats outpace national average, Compass reports

The number of homes sold in Chicago last year was far higher than the national average, Compass has found in a new data report.

Realtor associations urge opposition to expanding Housing Choice Voucher Program

Having passed through the Illinois House of Representatives last April, the state Senate is expected to vote on House Bill 2775 this month — and local real estate agents are urging opposition.

Chicago Housing Scorecard: Housing starts, existing-home sales and inventory down across the board

Overall, it was a downtrending month for real estate in Chicago: Housing starts, existing-home sales and inventory down decreased across the board.

CAR panel features the women transforming Chicago real estate

“Meet the Women Transforming Chicago Real Estate” was the first of many panels at the CAR-sponsored conference Titans of Industry: Women in Real Estate.

true blue
Trusting your agent and inspector

“There is no substitute for the thoughtful referral from a trusted colleague.” — James Clark, True Blue Home Inspections Inc.

What’s contributing to homebuyer urgency in 2022? Three experts share their thoughts

Chicago Agent sat down with three industry experts to discuss the state of the frenzied market and to ask what we can anticipate in the coming months.

Chicago among top 10 metros for real estate development

StorageCafe conducted a study on construction in the 50 largest metros — and among them, Chicago-Naperville-Elgin ranks eighth for growth.

High demand and low inventory continue to define the suburban market

A new monthly report from the Mainstreet Organization of REALTORS® shows that home sales remain strong in the Chicagoland while high prices reflect the ongoing strain of low inventory.

Janet Owen of BHHS Chicago breaks 2022 records with $8.65M sale

BHHS Chicago broker Janet Owen has sold a home for $8.65 million, marking the highest price paid for a detached single-family home in 2022 so far, in both the city of Chicago and the state of Illinois.

Millennial demand driving up prices in family-friendly neighborhoods

Across the country, 10% of ZIP codes with the largest share of children had an average home value growth of 21.3% from October 2020 to October 2021.

Chicagoland Real Data and Top Producers 2021

Welcome to our Top Producers/Real Data issue, one of the most highly anticipated issues of the year. We shine a spotlight on the biggest names in the business from the prior year.

Luxury Living Chicago Realty ranks in the top 5% for total sales volume in Chicagoland

Luxury Living Chicago Realty has announced a new milestone, according to information from Midwest Real Estate Data.

West Loop’s CA6 condominiums surpass 80% sold

The developer Belgravia Group has announced that condos in the new CA6 development are more than 80% sold.

@properties rebrands to @properties Christie’s International Real Estate following acquisition

@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.

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