Local News

Real estate news in Chicagoland

Rice named Guaranteed Rate VP of Mortgage Lending in Illinois
Rice named Guaranteed Rate VP of Mortgage Lending in Illinois

Shaughnessy Rice was named vice president of mortgage lending for Guaranteed Rate in Illinois and will be based in Champaign, according to a press release. 

RE/MAX’s Robert Padron elected president of Chicago NAHREP
RE/MAX’s Robert Padron elected president of Chicago NAHREP

“Despite these challenges (of 2020), we provided amazing speakers, content and entertainment to our membership throughout the year. I look forward to continuing this momentum and an amazing 2021.” — Robert Padron, NAHREP 2021 President 

Compass establishes presence in Glen Ellyn
Compass establishes presence in Glen Ellyn

Compass has established a presence in Glen Ellyn.

Creation Hires Josh Zemon as managing principal
Creation Hires Josh Zemon as managing principal

Zemon will oversee all aspects of Creation’s real estate business alongside founding members David Sellers and Bob Agahi.

First-time Chicago homebuyers face bidding wars from wealthy out-of-towners
First-time Chicago homebuyers face bidding wars from wealthy out-of-towners

“Homeowners will see the value of their homes rise, but first-time homebuyers will face tougher competition from out-of-towners with big budgets.” — Daryl Fairweather, Redfin chief economist

CAR adds Amir Syed to board of directors
CAR adds Amir Syed to board of directors

Guaranteed Rate’s Amir Syed has been appointed to the board of directors of CAR

Dan Cerovac joins Cardinal Financial Company
Dan Cerovac joins Cardinal Financial Company

Dan Cerovac has joined Cardinal Financial Company, Limited Partnership as a branch manager charged with growing Cardinal’s south Chicagoland market.

Chicago makes top 20 list for sellers in 2021
Chicago makes top 20 list for sellers in 2021

“Historically low-interest rates, a shortage of new housing inventory and limited new construction have contributed to rising home prices nationwide.” — Don Ganguly, senior vice president of Mynd Investor Services

Chicago home sales price up 12.1% in December
Chicago home sales price up 12.1% in December

The decline of home mortgage interest rates is continuing to fuel homebuying demand in December, pushing the median home-sale price up 13% nationwide to $334,300, according to a new report from online broker Redfin.

Joe Castillo, Erika Villegas acquire RE/MAX Town & Country
Joe Castillo, Erika Villegas acquire RE/MAX Town & Country

Joe Castillo and Erika Villegas have acquired RE/MAX Town & Country in Aurora. 

New Subscribe