Local News

Real estate news in Atlanta

Coldwell Banker Helman Realtors joining forces with Coldwell Banker Real Estate Group

Two Coldwell Banker brokerages in West Central Indiana have teamed up, according to a press release from the two family-owned companies.

Spot Santa’s Sleigh on Dec. 11 in Wheaton, thanks to BHHS

This Christmas parade is a free event for the community — planned by the Wheaton office of Berkshire Hathaway HomesServices.

Chicago new construction surplus tops 73,000 homes

There may be a construction boom, but builders still have a lot of ground to make up from a decade of underbuilding, according to a new report from Zillow.

Mobile homes appeal to young and middle-class buyers as home prices surge

With home prices continuing to reach new heights  across the country, many potential homebuyers are seeing the mobile-home market in a brand new light as single-family home prices become less affordable for young and middle-class buyers. 

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CoreLogic: Could 2021 be the first multi-trillion dollar real estate market?

As more money is being spent on real estate than ever before, the booming market is on pace to shatter records this year, according to a recent CoreLogic report.

FHFA announces conforming loan limits for Fannie and Freddie mortgages

The Federal Housing Finance Agency (FHFA) recently announced its 2022 conforming loan limits (CLL) for conventional loans acquired by Fannie Mae and Freddie Mac.

Are investors to blame for low housing inventory?

Investors across the country are looking to cash in on skyrocketing house prices and rents, putting them in competition with new buyers trying to work their way to homeownership. Real estate investors bought a record 18% of the homes sold in the third quarter, according to a new Redfin report.

The top 10 most expensive ZIP codes in Chicagoland

As home prices continue increasing, some areas in Chicagoland have seen especially significant appreciation — particularly in the suburbs.

S&P CoreLogic Case-Shiller: Home-price gains take a pause

“If I had to choose only one word to describe September 2021’s housing price data, the word would be ‘deceleration. Housing prices continued to show remarkable strength in September, though the pace of price increases declined slightly.” — S&P DJI managing director Craig Lazzara.

Chicago home values rose 13.8% in October

While the housing market may be hotter than usual, the shift toward seasonal norms is starting to show and could benefit both buyers and renters. 

Coldwell Banker survey gauges importance of homeownership among Americans

As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.

NAR Travel Club to provide travel discounts to members

The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club.

Tech hot spots seeing high renter migration

As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.

Second-home demand up 70% from pre-pandemic levels

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

Prices on the rise due to record-low inventory, Mainstreet reports

Chicagoland housing inventory is at its lowest supply in a decade, according to Midwest Real Estate Data. In turn, sales are down and prices are high.

NAR Board of Directors meeting reveals statistics about member dues, operations

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

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