Local News

Real estate news in Atlanta

From passive reaction to seizing the day: How the Chicagoland market is changing

Learn how a proactive attitude can solve contract cancellations, as well as uncertainties looming over your clients and the market overall.

Closed, but on duty: Cook County Recorder now processing all docs

After an inability to record condo declarations was revealed to be causing some deals to go south, the agency figured out a way to tackle the problem of non-standard documents.

Purchase applications in Illinois beat out last year’s numbers

Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.

Builder confidence up after April drop; signs of rebound emerge

Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.

Buyer demand remains strong despite pandemic, says new report

RE/MAX’s recently released National Housing Report points to the resiliency of the market amidst coronavirus and economic concerns.

Are Chicago’s opportunity zones living up to the hype?

New data looks at how prices in these areas have increased — or sometimes decreased — over time.

Chicago leads the way in Top 250 Latino Agents list

The National Association of Hispanic Real Estate Professionals released its Top 250 Latino Agents Report, recognizing the best Latino agents in the business. How did Chicago do?

New condos face deal-stopping hurdle due to COVID-19

Some transactions are having to start over from scratch because of a paperwork problem. But Cook County’s chief deputy recorder tells Chicago Agent magazine he’s working on a solution.

New listings fall as pandemic concerns keep sellers on the sidelines

A new report offering the first full month of data showing the impact of the COVID-19 pandemic on residential real estate shows that sellers are taking a wait-and-see approach.

New report predicts home prices will continue to rise in 2020

CoreLogic’s March Home Price Index report reveals initial effects of the economic fallout from the COVID-19 pandemic while forecasting slight price growth.

Which Chicago neighborhoods will be hit hardest by COVID-19?

Although all Chicagoans are at risk for contracting the novel coronavirus, the economic fallout will likely hit certain communities harder than others. Find out which neighborhoods DePaul University’s Institute for Housing Studies identified as being most at risk.

Luxury sellers are hitting the pause button amid economic concerns

Real estate listings are down across the country, but high-end homes are disappearing particularly quickly.

How real estate agents can ensure safe home inspections during the COVID-19 crisis

One local home inspector weighs in on the difficulties of doing his job during the coronavirus pandemic.

Lightfoot, banks offer lifeline to struggling landlords

The city’s new Chicago Housing Solidarity Pledge offers relief from foreclosure as well as tenant protections.

Co-founders of @properties offer predictions, advice in the face of COVID-19 fears

In their latest market update, Mike Golden and Thad Wong offer projections for the real estate market in both the short and long-term, as well as thoughts on how indecisive buyers and sellers should move forward.

A glimmer of hope? Chicago pending home sales see modest uptick

Is the real estate market turning the corner as the country flattens the curve? A new report sees a possible light at the end of the tunnel.

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