Local News

Real estate news in Atlanta

RE/MAX: Chicago home sales slide year over year in July

Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said. 

Rate honors military heroes at Cubs vs. White Sox Crosstown Classic

The Chicago Cubs versus the Chicago White Sox game is a crosstown classic rivalry rooted in North Side vs. South Side history and culture. This year’s game on July 25, while not short of excitement, looked a bit different

July brings slow but steady increase in the tempo of Chicagoland real estate

The pace of detached and attached home sales was up slightly year over year, while prices showed larger gains — again. 

Downtown Chicago apartment rents ‘test the upper limits of renter tolerance’ in Q2

Multifamily brokerage Luxury Living’s latest market update showed rents rising across all seven downtown submarkets in the second quarter. 

Fulton Grace Realty acquires Main Street Real Estate Group

Fulton Grace Realty has acquired Main Street Real Estate Group, adding nearly 50 experienced agents and local experts to its team.

Crown Community Development begins construction on The Grove, a 760-acre community in Sugar Grove

Crown Community Development has begun construction on The Grove, a 760-acre master-planned community located at the interchange of Interstate 88 and Route 47 in Sugar Grove, just 45 miles west of Chicago. 

Zev Salomon purchases $5.96M Roscoe Village riverfront site for RiverWard Row Homes development

SVN Chicago Commercial has closed the sale of an approximately 80,000-square-foot parcel of riverfront land at 2221 W. Oakdale Ave., located in Chicago’s Roscoe Village neighborhood.

Baird & Warner unveils visual marketing division led by former VHT Studios Execs

After the sudden shutdown of VHT Studios, Baird & Warner wasted no time launching its own Image Services division to deliver visual marketing solutions for the firm’s agents and clients.

Kathy Cordova

“Get a mentor right away and get a coach for your mindset AND real estate!” — Kathy Cordova, Realtor, eXp Realty, Northbrook

Case-Shiller: Chicago home-price growth rises in May as national market undergoes ‘slow unwind’

Nationally, the pace of home-price appreciation declined to its slowest pace in almost two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

Who’s moving to Chicago?

A new report from U-Haul identified Milwaukee, Indianapolis, Detroit, St. Louis and Dallas as the top cities of origin for new Chicagoans.  

Silver Property acquires six-building apartment portfolio from Pritzker’s TAWANI

TAWANI Property Management sold the 263-unit portfolio for $45 million. 

Jigzibik, affordable-housing aimed at Chicago’s Native American community, breaks ground

The Irving Park development will bring 45 affordable residences to market. 

Squatter Bill becomes law, giving police more power to act

Governor Pritzker has signed Illinois Senate Bill 1563 — otherwise known as the Squatter Bill — into law, which will make it easier for police to remove squatters from someone’s home.

Engel & Völkers hosts fourth annual Pride Summit in Chicago

Engel & Völkers hosted its fourth annual Pride Summit downtown Chicago June 29-July 1, where real estate professionals from across the country gathered to learn from each other and enhance LGBTQ+ inclusivity in homeownership. 

Local Realtors rally to support seniors displaced by Cedar Ridge fire

On December 1, 2024, a fire prompted the evacuation of Cedar Ridge Apartment Homes in Richton Park, displacing more than 30 elderly residents.

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