MRED Blog

If you’re looking for the nation’s wealthiest neighborhoods, you won’t have to search too hard. Kenilworth, Ill. was recently named by Forbes as the fourth wealthiest neighborhood in the country behind two New York enclaves and a Washington DC hotspot. With a median income of $242,188 and an average home sale price of $1 million, the community holds its position as the wealthiest and most exclusive community in the Midwest.

Kenilworth dates back to 1889, when founder Joseph Sears purchased the land for the neighborhood and developed it as a planned community with specific ideas about how a community should be. This included components related to underground utilities, street design, no alleys or fences and high standards for construction. The community grew under the planning and direction of noted architect and town planner George W Maher, who designed 37 homes as well as a number of parks and common grounds in the popular style of Frank Lloyd Wright.

Today, the community continues to flourish and provide high quality homes of a distinctive style, including a number of homes for sale on Realtor.com that stretch into the multimillions with superior school support in both public and private opportunities.

Learn more about this city and its rich history at the Village of Kenilworth website.

Article via Chicago Real Estate Forum

The real estate wing of the World Wide Web is an increasingly competitive slice of cyberspace, with some of the Internet’s most popular websites fighting for agents, brokers and, of course, Internet home shoppers.

But of the many real estate websites out there, which ones prove the most popular with Web users? Using data from Experian Marketing Services, the folks at Inman News put together a ranking of the Internet’s most popular real estate sites, including the percentage each respective site garners among all Internet visitors.

Check out the infographic HERE for the results from Chicago Agent Magazine

Check out this infographic showing how the discount on REO properties has fallen in the past year from Chicago Agent Magazine. Read the full article HERE.

Cool infographic about smartphones and consumer adoption from the Hubspot Blog