News / Features

Chicago Home Prices Rise 1.1 Percent in April 2012 Case-Shiller Index

Home prices in Chicago improved in the latest Case-Shiller Home Price Index, increasing 1.1 percent from March to April according to Standard & Poor’s (S&P). That increase came after a 2.5 percent price decline from February to March, which had brought

New Home Sales For May 2012 Leap 19.8 Percent, Garrison Benson, the CEO/president of Garrison Partners on ‘Outstanding’ Market

Sales of new singe-family homes for the month of May, according to new data from the Census Bureau, rose 19.8 percent year-over-year to a two-year high. The 369,000 seasonally-adjusted annual rate was also 7.6 percent above April’s rate of

Is Your Listing a “Pinball”?

A pinball property, or pinball listing, as it’s also called, can be a real estate agent’s best friend – just as long as they’re not the ones listing the property! It’s not a new term, but pinball listings –

Chicago Area Home Sales Soar 25.3 Percent, CAR President Bob Floss on ‘Stabilizing’ Market

Home sales in the nine-county Chicago area posted dramatic gains in May, rising 25.3 percent from May 2011, according to new data from the Illinois Association of Realtors. Even more impressive, median price for the area was $170,000 in

RE/MAX Fidelity Opens For Business At Northwest Side

Realtors Angel and Antonio Aguilar are calling Chicago’s Northwest Side their new home, as the brothers recently opened their RE/MAX Fidelity office at 2137 N. Cicero. The Aguilar’s and their team of associates will specifically focus on selling property

5 SEO Basics for Real Estate Agents

Today, more than ever, sites such as Google and Yahoo! are the true drivers of the Internet, transporting users to web pages based on one thing – the results of their algorithms. It’s imperative that agents learn to harness

How Many Licensees Did Illinois Lose in its Transition?

The single biggest question surrounding Illinois’ new licensing requirements was how the transition process would impact the number of agents working in the state. Initially, that was a difficult question to answer, especially with all the last-minute submissions IDFPR

Kaminski, Russ Added To Coldwell Bankwell Roster

Coldwell Banker Residential Brokerage has announced the addition of two new associates to its roster of Realtors, according to issued press releases. Realtors Bohdan Kaminski and Carol Russ have joined Coldwell Banker Residential Brokerage’s Winnetka and Lake Forest office,

The Legacy At Millennium Park Honored With New Award

Luxury condominium The Legacy at Millennium Park was recently awarded with a prestigious honor at the inaugural Vision Awards, hosted by the Urban Land Institute, Chicago District Council (ULI Chicago). The Legacy took home a Vision Award for its

Coldwell Banker Residential Brokerage Raises Funds For Ronald McDonald House

Coldwell Banker Residential Brokerage recently held a silent auction and Cubs outing event benefitting Ronald McDonald House Charities June 13. The brokerage held a pre-game silent auction across the street from Wrigley Field at The Cubby Bear, and reserved

Should Agents Care About ‘Operation Twist’?

The Federal Reserve announced earlier today that it would be extending its Operation Twist program through the end of the year to stimulate financial markets. Though it sounds like it came from the mind of Lewis Carroll, the Twist

Existing-Home Sales Increase 9.6 Percent, Market Heading in ‘Right Direction,’ says Michael Parent, MORe President-elect

Existing-home sales in May declined 1.5 percent from April to May to a seasonally adjusted annual rate of 4.55 million, but were up 9.6 percent from May 2011, according to the National Association of Realtors. Median existing-home price, though,

FHA Rescinds Controversial Credit Dispute Rule, Mabel Guzman on its ‘Black and White’ Nature

The FHA has rescinded a highly-controversial credit dispute rule that put an untold number of mortgage applications at risk with the government lender. Drafted in March to shore up its emergency fund, the rule forced potential homebuyers with FHA

Guaranteed Rate Boogies Toward Annual Disco Dash

For the second year in a row, mortgage company Guaranteed Rate is set to host its Disco Dash today at 6:30 p.m. The company is expecting 2,000 runners to compete at this year’s 5k/10k race, which kicks off at

MRED Unveils connectMLS 4.2

Midwest Real Estate Data, the Chicagoland multiple listing service (MLS), has debuted its new connectMLS 4.2 system, which boasts a few new features that will provide agents with a more efficient way of navigating through MRED’s property listings encompassing the

New Tech in Real Estate Brings the Noise

Technology is constantly changing the way we interpret real estate, and a couple of new auditory innovations are looking to overhaul our perceptions all over

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