Local News

Real estate news in Atlanta

What’s behind the racial homeownership gap?

Black homeownership is lagging well behind the national average, and NAR wants to understand why.

Existing home sales down slightly across the U.S., but not in Chicago

NAR’s latest report shows first-time homebuyers are stepping back into the market.

Local trends to watch for in the coming decade, according to @properties

Thad Wong and Mike Golden discuss the state of the market, up-and-coming towns and neighborhoods in Chicagoland, and what agents should look for in the coming decade in a recent webinar.

Chicago highway bottlenecks among the worst in the nation

We’re No. 1? At least when it comes to the slowest bottleneck in the country. Can you guess where in Chicagoland the hold-up is?

Suburban inventory hits decade-long high

MORe data offers impressive January numbers. Is this a sign of a booming 2020, or evidence of a timing shift in the Chicagoland market?

Pritzker calls for optimism and unity in budget address

In a speech that called for the state to come together behind a can-do spirit, Illinois’ governor outlines his fiscal priorities for the next year.

Inventory, mild weather boosted Chicagoland home sales last month

RE/MAX’s housing report for the Chicago area found the new year started off with a bang.

College grads rank Chicago 11th best city for dating

Single buyers have been on the rise in recent years, which is why the dating scene in Chicago is an important one for agents to keep an eye on.

Chicago home prices up 4.7 percent for Q4 2019

There was no quarter in 2019 when metro prices didn’t increase, posing challenges for potential buyers, according to NAR.

Bidding wars dipped in 2019, but could be back by spring

The percentage of Chicago homes that sold above list price fell to 15.8 percent in 2019, but record low inventory is expected to reverse that trend.

Chicago makes 10 most walkable cities list

A new report by Redfin ranks large U.S. cities by walkability. Chicagoland made the list, despite a small drop in its Walk Score.

Is the luxury market bouncing back? It depends on where you live

A new report shows that the luxury sector inched up 1.6 percent year-over-year in the fourth quarter.

Zumper: Rents up in Chicago

Rents up slightly nationwide in February. Find out where Chicago ranked.

‘Ban the box’ for rentals: How Cook County landlords must adapt

To meet the ambitious goal of ameliorating the effects of the criminal justice system on housing, Cook County commissioners amended the county’s Human Rights Ordinance to include more provisions for housing-related issues. Here’s what you and your clients need to know.

Marijuana is now legal in Illinois. Is your business ready?

Whether your brokerage will enthusiastically rent to dispensaries or would prefer to avoid marijuana altogether, this new law is sure to touch your clients, agents and employees. Put policies in place now to shape how you deal with it, and keep an open line of communication with your legal counsel so you can adapt policies appropriately as the Illinois marijuana market grows.

Pritzker’s pledges on property taxes, attracting new residents and more

In his first State of the State address, the governor touched on a number of topics that will have an impact on the real estate industry. Here are a few key moments from his speech that real estate professionals should be aware of.

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