Local News

Real estate news in Atlanta

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.

Time to hit the reset button: Challenging misconceptions about open houses

If you think the only reason agents engage in open houses is to appease sellers, you’re looking at the process all wrong. Smart brokers have figured out how to employ a multiplier effect to this age-old real estate technique to help power their business for the long haul.

MRED offers new classes and data to assist brokers during COVID-19 shutdown

The MLS rolled out a new online toolkit this week to gather information and resources all in one place.

Home sales down in March, but prices holding steady

The latest existing home sales report from the National Association of Realtors shows the impact of COVID-19 on sales numbers but not prices.

Chicagoland bucks downward trend with robust March sales data

While activity is sharply down across the country, Illinois Realtors reported existing-home sales data that countered national numbers.

The agents and offices doing the most business in Q1

The first quarter of 2020 ended on a disconcerting note, with the declaration of a state of emergency, alongside a “stay at home” order that we’re still operating under. But that doesn’t mean we can’t celebrate the hard work that kicked off the year.

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