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Real estate news in Atlanta

13 Coldwell Banker agents nationally ranked in REAL Trends

The 2016 REAL Trends The Thousand recognized several independent sales associates in the Chicagoland area from Coldwell Banker Residential Brokerage. The REAL Trends report is advertised in The Wall Street Journal, and names the top residential real estate agents in

Home prices are outpacing wages, and that’s a problem

Homeownership has become much less affordable for Chicagoland consumers the last few years, according to a new analysis from RealtyTrac. The Q2 2016 Home Affordability Index, which compares wage growth to home price increases, found that without exception, home prices

Chicagoland real estate is hot heading into summer

The Chicagoland housing market continued its strong spring activity in May, according to new stats from the Illinois Association of Realtors. May home sales for the nine-county area totaled 11,664, a 7.5 percent increase from a year ago. Median sales

A leader emerges for the Tribune Tower sale

The iconic Tribune Tower has been for sale since Oct. 2015, and until recently, there has been little to no information on a leading buyer. That has changed, however, with Los-Angeles based developer CIM group now leading the charge for the

33 Chicagoland agents ranked in NAHREP’s top 250

The National Association of Hispanic Real Estate Professionals released their top 250 Latino agents awards for 2016, and 33 Chicagoland agents were among those honored. Agents were nominated for their significant number of transactions and dedication to homeownership. The 33 agents

Chicago developer Bill Smith dies at 65

W. Harris “Bill” Smith, the principal of Smithfield, passed away June 18 from a heart attack. He was 65. Described as an “eclectic developer” by Crain’s, Smith oversaw numerous developments throughout the city, including Clybourn Corridor’s SoNo, the Chicago

This Week in Chicago Real Estate: New townhouse development in West Loop, bungalow renovation controversy and more

Did you miss out on any of this week’s top real estate news? Notable news this week included plans of a new townhouse development for the West Loop and controversial changes to a historic Chicago-style bungalow. Just in case

Chicagoland’s Top Closings, May 2016

In our latest Real Data report, we’ve detailed the agents who closed May’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

Home values differ dramatically across CTA L stations – and reinforce the legacy of racist housing policies

Chicago is among the most segregated cities in America, and a new Estately analysis has reinforced the wildly unequal home values that such segregation creates. In its study, Estately assessed the price per square foot and median sales price of

Chicago homebuyer assistance program begins accepting applications

A Chicago homebuyer assistance program is now accepting applications, according to an announcement by Mayor Rahm Emanuel and the Chicago Infrastructure Trust. Through the program, which is administered by the trust, eligible homebuyers interested in buying a home in Chicago or refinancing

CAR strives to help veterans with VAREP collaboration

Illinois currently has the 10th largest veteran population in the country. That statistic urged the Veterans Association of Real Estate Professionals (VAREP) and the Chicago Association of Realtors (CAR) to team up and establish a new Chicago chapter of VAREP. The

This Week in Chicago Real Estate: New plans for the Chicago Spire site, Merchandise Mart renovations and more

Lots of exciting news broke this week in the world of real estate. Top stories this week included new plans for the failed Chicago Spire site and the home from “The Fugitive” going up for sale. If you missed

A busy future for downtown Oak Park

The new construction market in Oak Park is busy in 2016, with a number of high-profile projects underway. As Chicago Curbed detailed, the Vantage Oak Park high-rise is nearly completed, Oak Park Station is following close behind, and a third un-named project

Vista Tower sells $200 million worth of condos

Vista Tower, Lakeshore East’s newest skyscraper, has sold $200 million worth of condominiums since this past March, according to a  report from Curbed and a Hong Kong-based news source. Vista Tower’s relatively low price of $1,000 per square foot (which

Illinois economy ranks under 28 other states’ in new report

Illinois has a top 25 economy in terms of “economic activity” and “innovation potential” when compared to other states in the U.S., a WalletHub report recently confirmed. It’s good news for real estate professionals. Compiling data that runs the

City of Chicago recognized for excellence in affordable housing

The Urban Land Institute today announced the finalists for this year’s Robert C. Larson Housing Policy Leadership Awards, and among the potential recipients named was the city of Chicago. The award, given annually, recognizes “exemplary state and local programs,

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