Local News

Real estate news in Atlanta

Chicago’s luxury housing market is heating up

Chicago has one of the busiest luxury housing markets in the country, according to the new Luxury Market Report from Coldwell Banker Previews International. In 2015, Previews reported, sales of homes priced $1 million and above totaled 1,149 in Chicago. That

How to get your new city-wide real estate agent parking pass

Come April 18, licensed brokers and leasing agents will be able to purchase a city-wide parking pass Licensed brokers and leasing agents will be able to purchase the “Professional Service Parking Permit” on April 18, according to a new

Which Chicago stadium is better for local home values?

Baseball may not enjoy the same status it had in its glory days as the country’s greatest pastime, but in many places it remains a significant influence on real estate. Well, its stadiums do. A new report from real estate

Good news for Chicago’s spring sellers in new CoreLogic report

Home prices around the country are feeling the Spring season bump. According to a new report from CoreLogic, prices rose 6.8 percent year-over-year in February. At a state level, the gains were universal. “Home prices continue to rise across

Sales start for River Glen community in Libertyville

The River Glen Capital Group LLC announced the start of sales for River Glen, a new community of 65 new construction single-family homes in Libertyville. Starting prices for the homes range from $549,000 to $709,000. “There is pent-up demand for

Illinois Realtors appoints Luke Bell as vice president

The Illinois Association of Realtors has named Luke Bell as their executive vice president. According to a statement released by IAR, Bell served as vice president of governmental affairs/general counsel for the Kansas Association of Realtors, and has experience dealing

Coldwell Banker announces its 2015 top producers

Coldwell Banker Residential Brokerage recently announced the top individual sales associates by volume and by units. The top selling team was also announced. “I’d like to congratulate all of our winners for their unwavering commitment to success,” said Fran

Chicago residential construction is booming in 2016

This year is shaping up to be a hugely positive one for residential construction in Chicagoland, according to the latest numbers from Dodge Data & Analytics. In February, residential construction spending in Chicagoland totaled $195 million, a 13 percent

Chicago is one of the most expensive cities to drive in

Chicago is one of the top five most expensive cities to drive in, according to a study from Deutsche Bank. It costs 99 cents on average to drive a car a mile in Chicago, whereas the national average is

Construction jobs flourish – will new construction follow?

Construction employment was up across the nation in the early months of 2016, according to the Associated General Contractors of America – a good sign for the industry , which currently suffers from labor and inventory shortages. So, if

How to sell bikeability: the unexpected benefit for buyers

Urban buyers today would have hated the 1950s. In the Urban Land Institute’s “America in 2015” report, a survey of U.S. residents found that approximately half considered “walkability” a top or high priority when determining where to live. But

First-time homebuyers battle low inventory

It’s getting harder for first-time homebuyers to find suitable starter homes The Chicagoland housing market has become an increasingly precarious place for first-time homebuyers, according to a detailed new report from Trulia. In a deep analysis of the nation’s housing

Cash sales at their best since 2008

In 2015, cash sales made up 33.9 percent of all residential real estate transactions, according to a new report from CoreLogic. That’s the lowest level since 2008. About midway through 2007, when the crash was becoming too apparent to

The single most challenging housing trend for Chicagoland agents

Housing affordability is a major issue, and there’s one trend in particular that’s making it worse It’s no secret that housing affordability is a major concern for U.S. homebuyers, but a new report from RealtyTrac has underscored just how pronounced the

Chicago’s top-selling neighborhoods, Feb. 2016

See our chart below for the top-selling neighborhood housing markets in Chicago in February, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs (and click here to see the top-selling neighborhoods in Chicago).

Chicagoland’s top-selling suburbs, Feb. 2016

See our chart below for the top-selling suburban housing markets in Chicagoland in February, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs (and click here to see the

New Subscribe

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