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Real estate news in Atlanta

The Top 20 Chicagoland agents in 2016 by YTD Growth

Which Chicagoland agents have seen the biggest year-over-year gains in their business in 2016? We took a deeper look at the market trends and put together the following chart, which shows the 20 agents who rose the most in the rankings of

Chicagoland’s Top Closings, Jan. 2017

In our new Real Data report, we’ve detailed the agents who closed January’s top home sales throughout Chicagoland. Click on the tabs below to adjust between the single-family, condo and townhome markets: Single Family Condo Townhome Single Family Sales Price Property

City of Chicago takes steps to transform Bronzeville

Mayor Rahm Emanuel and Third Ward Alderman Pat Dowell last month announced a “Parade of Homes” initiative that promises to expand Bronzeville’s single-family home options and complement the commercial development already happening in the neighborhood. Emanuel describes the effort

When does owning in Chicago become a better deal than renting?

Buying a home in Chicago is a great deal – so long as the owner stays in it for at least two years. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the average homeowner

Two signs that Chicago’s housing market is in for a correction

The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked job

Renelle on the River Introduces Two New Condominium Plans

Belgravia Group has revealed two new floor plans, Residence A and Residence D, for its 18-story luxury condominium development, Renelle on the River. While both floor plans offer three bedrooms, Residence D is uniquely designed as a 1,827-square-foot duplex with

12,000 new homes could be coming to Chicago’s south lakefront

After years of sitting vacant, one of Chicago’s prime South Side spots has found a buyer – who could bring more than 10,000 new homes to the city. According to a new story from Crain’s Chicago, Spanish developer Barcelona

IBREA/NAR discuss revolutionary ‘blockchain’ tech at association headquarters

On Thursday, Jan. 26, the International Blockchain Real Estate Association (IBREA) hosted a meeting at the second floor of the NAR building on Michigan Avenue, all centered around a burgeoning technology called “blockchain.” The program’s host, John Mirkovic, an IBREA representative and

Chicago’s top-selling neighborhoods of 2016

See our chart below for the top-selling neighborhood housing markets in Chicago in all of 2016, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. When possible, we have also

Chicagoland construction caps off 2016 with nation-leading growth

The Chicagoland new construction market concluded 2016 in spectacular fashion, according to research from Dodge Data & Analytics. In December, Chicagoland saw more than $452 million in total residential construction spending, which is a 34 percent increase from Nov. 2015. Moreover, year-to-date construction

Chicagoland’s top-selling suburbs of 2016

See our chart below for the top-selling suburban housing markets in Chicagoland in all of 2016, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. When possible, we have also

5 important details about the 2017 Chicagoland housing market

How did the Chicagoland housing market fare in 2016? Did the market grow, or contract? Did sales rise, or fall? Is inventory still a problem? To find out the answers to those questions and more, we consulted the latest

The 3 Chicagoland neighborhoods ready for a surge in demand in 2017

Do you work in the Downtown Oak Lawn, Woodlawn, or Belmont Gardens housing markets? If so, 2017 may prove to be a busy year. According to the new “Hottest Neighborhoods” rankings from Redfin, those three neighborhoods will see the most

Chicagoland one of the top 10 investor markets in the U.S.

The Chicagoland metro area offers housing investors the sixth-highest yields in the nation, according to a new study from HomeUnion. Basing its research on single-family rental yields, HomeUnion predicts that Chicagoland’s yields will be 7.5 percent, which spots it

Black communities have been left behind in Chicagoland’s housing recovery

On the surface, things look pretty swell for the Chicagoland housing market: home sales are up 4.8 percent; median sales price has risen even more, jumping 6.7 percent; time on market is down nearly 12 percent; and both foreclosure

Why are so many home sales failing to close in Chicagoland?

Deals to sell homes failed at a much higher rate in 2016 than in 2015, and that was particularly true here in Chicagoland. That was the finding of a striking new report from Trulia, which computed the number of

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