Did you see this week’s top real estate news? Notable stories included a report on “zombie” foreclosures, as well as new zoning and density allowances for new construction. If you missed any of these, catch up with our real estate news

April showers seem to have brought spring flowers – at least as Chicagoland’s housing market is concerned. According to the newest housing report from the Illinois Association of Realtors, home sales in the nine-county Chicagoland area totaled 10,216 in April, a

Sixteen percent of agents have at least one personal assistant. The median age of new Realtors is 43 years old. And 83 percent are very certain they will remain active as real estate professionals for another two years. Those

Chicago is one of the best cities in the country for startup companies, according to a joint analysis from the U.S. Chamber of Commerce Foundation, 1776 and Free Enterprise. And it has room to improve further. “We are at

Midwest Real Estate Data (MRED) will participate in the national launch of the Broker Public Portal (BPP), according to a new release from the company. MRED will join Connecticut MLS, Northstar MLS, the Buffalo Niagara Association of Realtors and BPP MLS Board members in

Coldwell Banker Residential Brokerage today announced it has acquired the assets of HomeScout Realty in Chicago. The acquisition expands Coldwell Banker’s real estate sales operations, which now includes 53 offices and approximately 3,700 independent sales professionals in the Chicagoland

Our REAL DATA 2016 reports look at, among other things, the top-producing agents in Chicagoland based on total sales volume. Which Chicagoland agents have seen the biggest year-over-year gains in their business so far in 2016? We took a deeper look at the market

Single-family homebuilding is showing encouraging strength in 2016, according to new numbers from the U.S. Census Bureau. Through April, single-family authorizations were at a rate of 736,000, which is 3.3 percent above the revised March rate of 725,000. Monthly new

Illinois Realtor Mabèl Guzmàn will be a 2016-2017 NAR vice president, according to a new release from the Illinois Association of Realtors. Guzmàn, a broker for @properties in Chicago, will focus on association affairs, and will be part of NAR 2017 President

If a successful real estate business is built on a strong referral network, prospecting is the mortar maintaining its integrity. Many people still associate prospecting with cold calling. And while the process is effective – one study showed three-quarters

Today, the National Association of Realtors board of directors approved revisions to its Handbook on Multiple Listing Policy that will henceforth require all members have the rights to any listing content entered into the MLS. In response to a

Mötley Crüe drummer Tommy Lee recently listed his Calabasas, CA, home for just under $6 million. While you might expect the home to resemble a typical rocker pad, this is far from it. The entire home is built around

After unsuccessfully attempting to sell this waterfront mansion for two years at $25 million, the owner auctioned off the Miami Beach property at 4855 Pine Tree Drive, known as Villa Katerina on Monday, May 9. The Mediterranean-style home spans

Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Ed Brady, the NAHB’s chairman, explained in the association’s report

  Notable news this week included the sale of the Old Main Post Office and an overview of Streeterville construction. Catch up on this week’s real estate news with our weekly roundup: •Checking up on new construction in Streeterville- What’s

Millennials may be America’s largest, most vivacious generation yet, but new research suggests that their homebuying prospects have only worsened with time. According to a new analysis from Zillow, more Millennials now live with their parents than at anytime