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Real estate news in Atlanta

From closing to campaigning: Local agent throws hat in the ring for aldermanic race

Cynthia Bednarz of d’aprile properties has been knocking on doors in the real estate business for about a decade. Now, as a candidate for alderman of the 27th Ward, she’s knocking as a candidate for elected office. “Volunteering and

This week in Chicagoland real estate: ‘fundamental repricing,’ Tribune site sale and more

Baird & Warner CEO urges honesty in soft North Shore market Baird & Warner president and CEO Steve Baird recently warned agents of the need to be honest with sellers in the North Shore suburbs about the softness of

Proposed bill calls for a statewide rent control plan

A new bill proposed by Illinois Rep. Mary Flowers, a South Side and southwest suburban Democrat, offers a sweeping blueprint for implementing rent control on a statewide level.  The bill, HB2192, calls for the immediate termination of the Rent Control

How real estate couples make it work — together

It’s not uncommon for couples to work together in real estate. But how do they find time to celebrate their relationships outside of their day-to-day work? High school sweethearts Josh and Magdalena Lybolt have been in business together for

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This week in Chicagoland real estate: luxury home sales, Lincoln Yards and more

  Despite a relatively good year for the Chicago-area luxury home market, a decline in the fourth quarter might portend a slowdown in the market in the upcoming months. There was a 1.4 percent increase over the 2017 total

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Study: Up-zoning in Chicago sometimes does the opposite of what it intends

For years, cities all over the U.S. have sought to promote development as a means to keep housing affordable. In an attempt to do this, cities often engage in “up-zoning”—reducing some zoning restrictions, often around popular transit stops in

Local managing broker rents hotel rooms for homeless during record cold snap

Last week, as Chicago experienced its coldest temperatures in decades, Candice Payne, a managing broker at 5th Group Realty & Management in Beverly, may have saved lives. More than 100 of Chicago’s homeless were directly exposed to temperatures as

Understanding the biggest changes to the multi-board residential real estate contract

At the stroke of midnight on New Year’s Day, a new standard contract for real estate agents in most of Northeast Illinois took effect. You may have heard about it, but have you explored it? The two sections of

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This week in Chicagoland real estate: Cold snap’s real estate impact, Goose Island and more

Have any clients who are tired of renting? Some Chicago renters found themselves frustrated during this week’s extreme cold front. Mayor Rahm Emmanuel cracked down on landlords who violated the city’s heat ordinance to maintain at least 68 degrees

These luxury Chicago homes cost as much as a Super Bowl ad

There are two types of people: Those who watch the Super Bowl for the commercials, and those who know the difference between a 4-3 defense and a nickel formation. If you’re in the former category, you might be interested

How agents and brokers can use PR to boost their business

  It can be difficult to get the attention of local media and business journalists, but this type of “earned media” can be more helpful to your business than traditional advertising and marketing techniques. That’s why organizers of Chicago

Mayoral candidates on rent control, taxes and all things real estate

A candidates’ forum Monday at a South Loop diner gave eight mayoral hopefuls a chance to sound off on all things real estate. The event, hosted by the Chicago Association of Realtors, drew about 100 real estate industry attendees

This week in Chicagoland real estate: Mag Mile Apple Store, West Loop tower & more

Tourists and locals alike flock to Michigan Avenue daily to see the glassy Apple Store located by the Chicago river. The 20,048- square-foot store, shaped deliberately like a Macbook, has just been sold to Invesco for roughly $79 million.

Sterling Bay’s Lincoln Yards gets unanimous plan commission approval

Sterling Bay’s Lincoln Yards project just got one big step closer to becoming real. The Chicago Plan Commission unanimously approved the developer’s proposal for the sprawling riverfront development between Bucktown and Lincoln Park. The approval leaves few remaining hurdles in

December Illinois home sales dropped most since 2008

Statewide home sales in December were down dramatically. Home sales statewide are down 14.7 percent since last December, according to a new report from Illinois Realtors. That’s the largest percentage decrease from one December to the next since the

This week in Chicago real estate: New Printer’s Row tower, McKinley Park is ‘hottest’ and more

A 29-story apartment tower is planned for Printer’s Row. Chicago-based developer CMK will develop the new building at 739 South Clark Street, on the site of what’s been reported as the last printing plant in a neighborhood that once teemed with

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