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Real estate news in Atlanta

Autumn asphalt, metal grating stormwater on a city street. Autumn rainy weather with puddles, outflow of water from the highway.
New credit system allows developers to trade stormwater responsibilities

Cook County’s StormStore program will allow developers with limited water storage solutions to buy credits from other properties that can accommodate extra.

Chicago real estate still trails pre-COVID-19 levels in realtor.com report

New listings back above pre-COVID-19 levels nationwide but still down from the previous year, according to realtor.com.

Unintended consequences of high prices and low rates

In these unprecedented times, it’s hard to know what’s next for the economy. But a few stark facts about the housing market will shape activity in 2021, according to local investors and economists.

Chicago buyers want affordable homes in coronavirus era

Chicagoans are looking for smaller, more affordable homes in the COVID-19 era, according to a new report from Point2.

Illinois equity-rich properties up slightly in second quarter

ATTOM Data Solutions’ report of increased equity in residences across the country could be good news for the nation’s ability to absorb potential wave of foreclosures.

August is the new May for peak home sales

Peak homebuying season has shifted to the end of summer, according to realtor.com.

CAR slams Trump in statement on race in real estate

The Chicago Association of Realtors also offered ideas for how its members can dismantle racism and inequality in real estate.

Chicago ranked 29th most expensive city for housing

RealtyHop asks whether homeownership is affordable for the average family. See how Chicago did.

More housing assistance funds on deck; council targets Woodlawn gentrification, short-term rentals and tenants’ rights

Chicago Mayor Lori Lightfoot announced more money and a new web portal for those hurt by COVID-19 shutdowns. Plus, the Chicago City Council introduced multiple ordinances that will impact residential sales and leasing in the city.

Newly pending sales in Chicago up 14.9% in mid-July

Zillow reports that homes typically went under contract in two weeks.

Sales down in Chicagoland, but contract activity up sharply

The data indicates that next month’s existing-home sales report will likely be much brighter.

Realtor.com: Chicago housing recovery continues

It’s still a seller’s market as buyers extend the spring shopping season into summer, according to Realtor.com chief economist Danielle Hale.

As states reopen, Chicago home sales jump in June

Inventory hits a record low in June, according to RE/MAX, which reports that nationwide the supply is now under two months.

Zillow: Strong home prices could be cooling

Those who jumped into the market in the spring were rewarded, and their success could attract more sellers.

Chicago high-end listings come roaring back in June

Zillow: Now could be a good time to trade up on luxury homes.

Why Chicago’s South Side embodies the city’s real estate potential

There are a lot of reasons to love the South Side’s real estate market, and Coldwell Banker Realty’s Don Robinson is not shy about saying so.

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