Local News

Real estate news in Atlanta

Realogy: Strength in Numbers

There were 6.46 million homes sold in the United States last year, according to the National Association of Realtors, and agents from a single company represented well over a million of those buyers and sellers: Realogy. 

Chicagoland REALTOR® associations celebrate new officer inductions

It’s that time of year again! As 2021 slowly winds to a close, REALTOR® associations across Illinois are making annual changes. This includes, foremost, inducting new leadership officers.

A new path with Compass

Joan Smothers launched Smothers Realty Group in 1996 and built her company to be the No. 1 brokerage in La Grange. So why would a successful broker-owner trade their independence to join Compass?

Ben Cohen of Guaranteed Rate originates $1B for the second year in a row

Guaranteed Rate has announced that Chicago’s own Ben Cohen, the company’s managing director and senior vice president of mortgage lending, has originated $1 billion in total loan volume.

Coldwell Banker Realty unveils remodeled luxury office in Hinsdale

Coldwell Banker Realty unveiled its remodeled Hinsdale office, 8. E. Hinsdale Ave, at a grand opening on Sept. 22.

Chicagoland housing market stabilizes after unpredictable year

The end of the summer shows signs of stabilization in the local housing market, according to new data from the Mainstreet Organization of REALTORS®.

How much can you save by downsizing? It depends on where you live.

Property values continue to rise and those looking to downsize can make the most of the current market highs, but how much you can save by downsizing can vary significantly depending on where you live.

Several Chicago suburbs transition to renter-majority

Although the suburbs bring to mind the dream of home ownership new data from RentCafé reveals that burbs are up for rent! Three suburbs in the Chicagoland area are now renter-majority.

S&P CoreLogic Case-Shiller: Home-price gains set fourth record in a row

The 10-city composite index rose 1.4% on a monthly basis and 19.1% on a yearly basis, while the 20-city composite gained 1.5% monthly and 19.9% annually. 

Mainstreet Organization of REALTORS® Announces New President

The Mainstreet Organization of Realtors named John LeTourneau as its new president on Sept. 8.

Trump Tower penthouse lists for $30 million in Chicago

When a penthouse at Chicago’s Trump International Hotel & Tower  listed for $30 million last Tuesday, the exorbitant price tag made headlines.

Illinois ranks first among states with the highest foreclosure rates in August

Illinois had the highest foreclosure rate in the nation in August 2021, according to new data from ATTOM’s U.S. Foreclosure Market Report.

Mainstreet Organization of REALTORS honored for diversity efforts

The Mainstreet Organization of REALTORS was honored by the Daily Herald Business Ledger for taking initiative to promote diversity.

The FOOTE Team celebrates a new office space in West Dundee

The FOOTE Team joined with Compass three months ago. Saturday, August 28, marked the official ribbon-cutting ceremony for their new office in downtown West Dundee.

Remembering Larry Klairmont, founder of Imperial Realty Company

Local real estate pioneer Larry M. Klairmont passed away peacefully on July 18, 2021. He was 94 years old.

Chicago homes sold well over asking prices last quarter

In what’s been a historic, frantic market, homes selling for large sums over list prices have risen sharply since January.

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