News / Features

Chicagoans are overvaluing their homes

There is a disconnect between homeowners and appraisers in Chicago, according to Quick Loans’ latest National Home Price Perception Index (HPPI). The good news is the disconnect is slight. In February, homeowner opinion in Chicago placed the average home price

Even romance can be found in realty

In the spirit of Valentines Day, here are a couple of unexpected tales of romance, where real estate and love came together. For love and Baird & Warner It’s said that sometimes love takes time, but it can also

CONLON/Christie’s welcomes J Maggio

Broker J Maggio has joined CONLON/Christie’s International Real Estate. Maggio comes from an extensive background and education in finance. After graduating from The University of Illinois in Champaign/Urbana, he started his career as a futures trader at Chicago’s Mercantile

GOP takes another swing at Dodd-Frank

Republican Congressman and Chairman of the House Financial Services Committee Jeb Hensarling (Texas, 5th) earlier this month sent a memo to lawmakers outlining proposed changes to his Financial CHOICE Act (FCA), introduced last year, the would see the Consumer

The top 20 Chicagoland offices in 2016 by YTD growth

Earlier this week, we reported on 2016’s top agents by year-to-date growth – agents whose 2016 business has grown the most over 2015. Now, we’re taking a similarly deep look at Chicagoland’s real estate offices, and which ones have grown their 2016

Four ways builders are beating the labor shortage

In the five years following the peak of the housing bubble – so from 2006 to 2011 – the United States’ construction industry lost 2.3 million laborers. By 2013, 60 percent had already found new careers in other industries – which meant

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

Real Data 2016 Extra Download: Top agents and offices by county

  This year, in addition to devoting an entire issue to Real Data, we’re also offering a supplemental PDF download highlighting the top agents and offices in each county. Our comprehensive report spans six counties – Cook, Dupage, Kane, Lake,

The most expensive home in America

The most expensive home for sale in the U.S. just hit the market for $250 million. Built by real estate developer Bruce Makowsky, the 38,000-square-foot Bel-Air mansion is four stories tall, with 12 bedrooms, 21 bathrooms and three kitchens.

Kitchens for all at 70 Vestry penthouse

  An under-construction Manhattan penthouse at 70 Vestry that was listed for $50 million is in contract. The 6,547-square-foot penthouse spans three floors, and offers four bedrooms, two terraces, a roof deck, study, solarium with a wet bar and

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

The true value of a referral: new report reveals agent referral economy

Agent-to-agent referrals are an integral part of any successful agent’s business. But as a new joint report from national realtor referral network ReferralExchange and the Council of Residential Specialists (CRS) reveals, agents don’t see the value of a referral restricted

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Coldwell Banker acquires Organic Realty

Coldwell Banker Residential Brokerage in Chicago announced on Feb. 3 that it has acquired the assets of Organic Realty, also in Chicago. Coldwell Banker’s real estate operations already include 52 offices and approximately 3,500 independent sales associates in Chicagoland, northwest

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

Brian Jensen moves to Inlanta Mortgage, Inc.

Brian Jensen, formerly the Midwest regional manager of loanDepot’s Mortgage Master, has joined Inlanta Mortgage, Inc. as the company’s new regional vice president of business development. “There are some simple guiding principles behind Inlanta’s success that drew me to the

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

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