Local News

Real estate news in Atlanta

RE/MAX report shows strong sales and shrinking inventory in Chicago

Homes in the U.S. are selling at their fastest rate in more than a decade, according to the latest edition of the RE/MAX National Housing Report.

Illinois ranked among the best states to save for a down payment

Where is the best state to save for a down payment? See how Illinois did in a new report.

Chicago area homes selling a week faster than in 2019

While home sales continued to evade the seasonal decline, buyers and sellers took a breather last week as COVID-19 cases spiked and the nation focused on the presidential election, according to realtor.com’s Weekly Housing Report.

Alcove Wicker Park announces its grand opening

Alcove Wicker Park, a new luxury condominium building, has announced its grand opening.

Baird & Warner promotes Dean Rouso to senior vice president of sales development

Rouso’s promotion comes amidst the brokerage’s growth.

@properties promotes Natasha Patla to chief marketing officer

Patla has overseen marketing programs that have launched @properties into a top 10 national brokerage.

Foreclosures down in Chicago, but mortgage delinquencies rising

The biggest changes were found in mortgages that are in serious delinquency, meaning those that are at least 90 days delinquent.

Cook County treasurer’s study finds property tax increases outstrip wages, cost of living

A study by the Cook County treasurer’s office found that property taxes rose by 99% in all of Cook County over the past 20 years, and by 115% in Chicago.

Chicago home prices up 2.4% from 2019

Nationwide, home value increases continued to be driven by low inventory, which hit its lowest level in September, dropping by 40% from September 2008 and by 74% when compared to September 2000.

Chicagoans eyeing Indiana for a move

The third quarter was like a game of musical chairs for many who are abandoning large cities for more affordable areas of the country. See what’s happening in Chicago.

CAR holds 137th Annual Inaugural Gala

Though it didn’t feature the in-person glitz and glamour of years past, the Chicago Association of REALTORS® turned out a successful and lively virtual Inaugural Gala for its 137th year!

BrokerAssist selected for 2020 REACH Canada proptech accelerator program

BrokerAssist, an on-demand marketing and sales platform developed by Dream Town Realty agents, was selected to take part in the REACH Canada accelerator program.

Step aside, Terrance Howard: Cesar Pina’s real estate empire is about to hit the airwaves

With an assist from 50 Cent, real estate entrepreneur Cesar Piña is launching a new reality show about flipping houses.

Tracey Royal joins Coldwell Banker Realty

Tracey Royal has joined Coldwell Banker Realty’s Oak Park office.

Nearly half of Chicago homes for sale face bidding wars

“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.

Chicago home prices up 10.3% from last year

“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com

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