Local News

Real estate news in Atlanta

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

How to keep your clients from getting ripped off on title insurance

There’s a common misconception among real estate agents that their clients don’t have the option to shop for title insurance providers. But buyers and sellers are not actually required to work with any particular title company, and agents should

Watch These 5 Exciting Trends in Chicagoland Housing

Chicagoland’s housing market outperformed the national averages in February While home sales stumbled on the national stage, the local Chicagoland market turned in a very solid February performance, according to the latest analyses from the Illinois Association of Realtors,

Why Chicago is One of the Nation’s Hottest Millennial Markets

The Chicagoland area has the seventh-best Millennial housing market in the country, according to a new analysis from LendingTree. Per LendingTree’s numbers, 45.48 percent of purchase requests in Chicagoland come from Millennials, with the average age of the buyers being

A Quick Reference Guide to Spring Buyers

Real estate is a seasonal business – transactions rise and fall with the weather. And now it is officially spring. If agents want to capitalize on the sales bump, they’ll need to be prepared. Earlier this week, Redfin released an

Construction Underway For Deerfield’s Elysian Way

Construction will soon begin for Elysian Way, a maintenance-friendly community of seven semi-custom single-family homes. The project site is located within the Colony Point subdivision south of Deerfield Road, and is being developed by Northbrook-based Insignia Homes, LLC. Elysian

Nick Farnsworth Affiliates with Coldwell Banker

Coldwell Banker recently announced the addition of Nick Farnsworth, a new independent sales associate, to its Lincoln Park Plaza office. “I couldn’t be more pleased to associate with Coldwell Banker, which is known universally as a real estate leader that

NAHREP Installs Chicago Lawyer Joseph Nery as 2016 National President

The National Association of Hispanic Real Estate Professionals installed Joseph Nery as 2016 president at their Housing Policy & Hispanic Lending Conference. Gary Acosta, NAREP CEO and co-founder, spoke highly of Nery. “Through his practice, Joe has helped countless

Where Chicago Ranked in the Latest ‘Worst Traffic’ Study

Intrix, Inc. released its 2015 Traffic Scorecard, which names Chicago the No. 8 city in the U.S. with the worst traffic. Intrix’s Traffic Scorecard is a benchmark for governments and agencies in the U.S. and Europe to measure progress

All 15 of Illinois’ Safest Towns Located in Chicagoland Area

A new list by public records database BackgroundChecks.org picked out what they deemed to be the top safest towns in Illinois. “While much of Illinois’ population is centered around Chicago, there are many places to live in this beautiful state

Evanston the No. 10 Best Downtown

Livability.com has named Evanston the No. 10 best downtown in their Top 10 Best Downtowns, 2016 list. The areas Livability identified in their list are downtown areas that are thriving by offering expanded housing options, affordability, diversity, entertainment and

Urban Real Estate Rolls Out New Website, Branding

Urban Real Estate has redefined its brand, introducing a new website, logo, resources and amenities for its brokers and clients; they have also brought on a familiar face to Chicago real estate. The new UrbanRealEstate.com provides a platform that is

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