Real estate news in Chicagoland
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.
“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 has established a presence in Glen Ellyn.
Zemon will oversee all aspects of Creation’s real estate business alongside founding members David Sellers and Bob Agahi.
“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
Guaranteed Rate’s Amir Syed has been appointed to the board of directors of CAR
Dan Cerovac has joined Cardinal Financial Company, Limited Partnership as a branch manager charged with growing Cardinal’s south Chicagoland market.
“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
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 and Erika Villegas have acquired RE/MAX Town & Country in Aurora.