Local News

Real estate news in Atlanta

Chicago homebuyers faced higher prices, lower inventory in September

This year, buyers encountered a 21% decrease in listings from the beginning of 2020, along with a 17% price increase to about $20,000 more than anticipated.

Proper Rate launches, adds top leadership

Proper Rate, a joint venture between Guaranteed Rate and @properties, has launched with some key players.

Chicago homebuyers rush to the suburbs

“Based on the rising popularity of the burbs, some buyers might think they can catch a break by searching in the city, but unfortunately that’s not the case,” realtor.com Chief Economist Danielle Hale said.

Jamie Ficco joins Jameson Sotheby’s International Realty

Jamie Ficco has made the move to Jameson Sotheby’s International Realty.

Results Realty joins ERA Real Estate to form Results Realty ERA Powered

Results Realty joins ERA Real Estate in a new affiliation.

Home price increase doubles pre-pandemic rate

It was another week of firsts with the increase in home prices more than doubling the rate recorded in January 2020.

Midwest Real Estate Data joins forces with Rockford Area Realtors

Members can now join MRED’s marketplace of 45,000+ real estate professionals and gain access to two dozen products and services.

Hyper-local listing marketplace launches in Chicago

Localize.city is upping the home search experience game for agents and consumers alike.

Anthony Hardy joins the team at Keller Williams ONEChicago

Keller Williams ONEChicago welcomes Anthony Hardy as the new multi-family executive director

Chicago leads nation in home sales increase of 20%

Home sales across the nation were up 4.3% year over year, making it the third best month for home sales in the 13-year history of the report.

Sergio & Banks merges with @properties

The Sergio & Banks Group will set up shop at @properties’ new Gold Coast flagship.

Chicago Department of Housing Commissioner Marisa Novara and Mayor Lori Lightfoot announce a new housing initiative.
Mayoral task force issues first report, urges further inclusionary housing

Appointed last year by Mayor Lori Lightfoot, Chicago’s Inclusionary Housing Task Force urged the revision of the city’s affordable housing ordinance.

Wallethub: Illinois middling when it comes to COVID-19 restrictions

A new report from the financial website Wallethub ranks each state on COVID-19 restrictions.

What brokers see on the horizon for entry-level housing

Brokers let us know what’s ahead for entry-level housing in Chicagoland.

A push for gentle density in City Council

Back when legislators were crafting language for an ordinance to make it easier for homeowners to build, rent out and remodel accessory dwelling units on their property, the hope from sponsoring Chicago City Council aldermen was that the legislation would have passed by August.

Affordable homeownership with a unique twist in Chatham

Low inventory of affordable homes is a major problem for today’s local real estate industry. But it’s not the first time Chicago has been short of what it needs in terms of housing.

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