Local News

Real estate news in Atlanta

Why a slower market could be ‘a dream come true’

At the start of the year, price growth was at 2 to 3 percent year-over-year. Now, it’s between 0.5 and 1.5 percent, depending on the city. But according to Thad Wong, co-founder of @properties, that might not be a bad thing. 

5 Chicagoland schools make top national rankings

In national rankings — which include user input, extracurricular activities, the availability of special needs programs and diversity, among other factors — several Chicagoland schools were called out for their excellence. Learn which institutions rank in the top ten for the region.

RE/MAX office changing hands, Baird & Warner hires director and more

A Chicago RE/MAX shop acquires suburban office, Baird & Warner seeks to strengthen the agent-lender relationship and improve customer experience with a new hire, and Wintrust continues its acquisition spree.

Buyer’s rep lawsuits: The Chicagoland View

Find out what top real estate executives here in Chicago think about the buyer’s rep lawsuits against NAR and other major real estate companies. Do they think the charges have merit and how might the industry change if the litigants prevail? 

KoenigRubloff mixes it up, tech firms grab real estate CEOs and more

A three-person team is stepping up to lead Berkshire Hathaway HomeServices KoenigRubloff as CEO Nancy Nagy moves away from day-to-day operations, a new hire at Guaranteed Rate and more in our latest installment of Making Moves.

Brian Bernardoni to leave Chicago Association of Realtors

After nearly 17 years lobbying on behalf of local Realtors, Brian Bernardoni is leaving his post at CAR. Chicago Agent magazine asked him what’s next for Chicago and the association, and whether or not he’s going to run for office.

Home sales down more than 11% in Chicagoland and Illinois

Opportunities for Illinois homebuyers have increased as home sales trended lower in June and median prices stayed relatively flat, according to data from Illinois Realtors. However, one factor that doesn’t favor buyers is the fact that inventory remained low.

Chicagoland supply balances, but numbers vary wildly by county

RE/MAX’s June 2019 Housing Report for Chicagoland shows overall indicators of slower sales and moderately increasing prices. But the view depends a great deal on which county you’re selling in.

Will it play in Plainfield?

Coldwell Banker chose a ‘Mainstreet, U.S.A’ office in Chicagoland to try out its new branding. Here’s how it’s going so far.

Can design contests be the answer to Chicago’s affordability problem?

It’s clear more affordable housing is needed, but industry experts take different approaches to solving this common problem.

Local lenders move to CrossCountry and Compass snags Hinsdale top producer

Two Chicago-based mortgage companies have now officially joined up with CrossCountry Mortgage and Kris Berger moves to Compass.

Mortgage delinquencies hit historic lows

Low unemployment, rising home prices and responsible underwriting are all identified as sources for these positive numbers. Still, there’s one major factor external to the economy that can have a major impact on the rate of foreclosures in a given area.

Location matters: Chicago commutes rank high

A recent report estimates that the average trip to work for Chicagoans clocks in at 31.8 minutes. While no one likes sitting in traffic, what to do about it is another question.

Drussy Hernandez moves from Compass to Fulton Grace

In a big-name move announced this week, Drussy Hernandez will become Fulton Grace Realty’s first-ever vice president of agent development. With decades of experience under her belt, Hernandez is a well-known figure in the Chicago real estate world, and says the move will provide “more of what I’m used to: that spirit of collaboration and belonging and welcome.”

Chicagoland roundup: Affordability to-do list, livability chops, property taxes and more

Chicago’s newly-appointed commissioner of the Department of Housing gets an earful at city hall, livability may not be priced into real estate, a first-of-its-kind graduate certificate in real estate development is coming this fall and much more in our weekly local news roundup.

CAR Opportunity Zone forum sheds light on a groundbreaking program

A provision within the most recent tax reform bill attempts to remedy the place-based polarization that’s plaguing many communities across the country, including Chicago. CAR’s Commercial Forum recently hosted a seminar on the issue, bringing together real estate professionals, community leaders and even a key architect of the program to discuss its impact.

New Subscribe

  • This field is for validation purposes and should be left unchanged.