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Illinois home prices climb in October; Sales lower amid tighter inventory
The Illinois statewide median price experienced a 6.3 percent annual gain in October. Sales declined slightly as available housing inventory tightened, according to the Illinois Association of REALTORS
Governor Announces Appointments
Currently, Karahalios is the Chief Legal Counsel and Sworn Deputy Treasurer in the Cook County Treasurer’s Office. He oversees the compliance of state statutes and county ordinances on real estate tax collection and coordinates litigation with the Cook County State’s Attorney and U.S. District Court for the Northern District of Illinois.
With Homebuyers Relying More on Digital Tools, RE/MAX Brokers Point to Value of Understanding...
House hunting continues to move in a digital direction, and the ability to pursue property listings online certainly makes the home-search process simpler. Nonetheless, RE/MAX advises buyers to review online listings with their limitations as well as their benefits in mind
Illinois home sales and median prices rise again in August
Illinois closed out the summer housing market with moderate gains in both home sales and median prices in August, even as available inventory remained lower than a year ago, according to the Illinois Association of REALTORS
Conor Commercial Real Estate Announces Development of 70-Acre Fountain Square Commerce Center in...
David J. Friedman, President of Conor Commercial Real Estate, a member of The McShane Companies, is pleased to announce the launch of Fountain Square Commerce Center – a new 70-acre, Class A multi-building industrial business park. Located within the premier I-55 corridor at Remington Boulevard and South Schmidt Road in Bolingbrook, Illinois, the well-positioned development offers easy access to the full I-55 interchange at I-55 and Route 53 and is in close proximity to the I-355 interchange. Construction is currently underway with delivery scheduled for Summer 2016.
Castle Lanterra Properties Set to Re-brand Chicago Apartments
Since it was constructed in 1973, a 424-unit multifamily property in Chicago’s southwestern corner has been known as Southgate Apartments, but under its new ownership that’s changing. Substantial upgrades and the opening of a new on-site leasing office will launch the property’s new identity as Midpointe Apartments, announced Elie Rieder, founder and CEO of Castle Lanterra Properties. The New York-based CLP acquired the four-story, eight-building property in April 2014.
Illinois home sales and median prices surge higher in July
The strong summer housing market continued in July as home sales and median prices posted robust gains while the time it took to sell a home declined, according to the Illinois Association of REALTORS. Statewide home sales (including single-family homes and condominiums) in July 2015 totaled 16,901 homes sold, up 8.0 percent from July 2014 when 15,644 homes sold
Schakowsky Statement on Eleanor Smith Inclusive Home Design Act
Rep. Jan Schakowsky reintroduced the Eleanor Smith Inclusive Home Design Act, which would require new homes built with federal dollars to meet accessibility standards – including a zero-step entrance, wheelchair accessible doorways and bathrooms, and climate controls that are at a height reachable from a wheelchair. Rep. Schakowsky released the following statement about the bill
Strong housing momentum continues in June with double-digit gains in Illinois home sales
Illinois home sales in June surged 12.5 percent higher than last year while median prices also saw strong gains, according to the Illinois Association of REALTORS. Statewide home sales (including single-family homes and condominiums) in June 2015 totaled 17,972 homes sold, up 12.5 percent from June 2014 when 15,982 homes sold
AgriRec Land & Auction Named Among “Best Brokerages” by The Land Report
The Land Report, a national magazine and news source serving American land owners, has recognized Mossy Oak Properties AgriRec Land & Auction as one of the Best Brokerages for land sales in 2014. The ranking is based on domestic land sales closed during the calendar year.
Contact . Brennan Completes 98,785 Square Foot Lease in O’Hare...
Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, announced that it has signed a new lease with Pet Food Experts for 98,785 square feet in its newly constructed warehouse building located in Des Plaines at 1780 Birchwood Avenue in Chicago’s O’Hare Industrial market. The lease will commence in Q3 2015
Illinois home sales climb 5.6 percent; Median price up 8.7 percent in May
The month of May brought strong home sales gains and higher median prices to the Illinois housing market, according to the Illinois Association of REALTORS®. Statewide home sales (including single-family homes and condominiums) in May 2015 totaled 14,980 homes sold, up 5.6 percent from May 2014 when 14,187 homes sold.
Chicago Realtor Amy Kite Featured in a Commercial with Shark Tank’s Barbara Corcoran
Tune in to ABC’s local morning news in Chicago or Good Morning America to see metro Chicago Realtor Amy Kite side-by-side with real estate magnate Barbara Corcoran in an endorsement commercial.
RE/MAX Northern Illinois Names Stephen Johnson to Lead Its Marketing and Communications Efforts
Johnson, 26, will oversee marketing and public relations efforts for the RE/MAX Northern Illinois region, working with the media, implementing brand management strategies to increase the RE/MAX market share, managing the RE/MAX hot air balloon program and overseeing the region's fundraising efforts for Children's Miracle Network Hospitals and Lurie Children’s Hospital of Chicago.
Baum Realty Group arranges sale in multi-tenant retail in Bucktown/Wicker Park
Chicago-based Baum Realty Group, LLC (“Baum”), one of the Midwest’s leading retail brokerage firms, is pleased to announce that Baum’s Investment Sales Team brokered the sale of a multi-tenant commercial condominium in Chicago, IL