A West Loop condo project is the newest development in the works in the Chicago neighborhoods, as the real estate market recovers from a severe slump. A West Loop condo project is in the process of development. Two developers

The mortgage markets have been on a bumpy ride the last five years; are the latest numbers from the Mortgage Bankers Association, though, a positive sign? Mortgage applications rose 4.8 percent last week to their highest level since May

Midwest Real Estate Data (MRED), the Chicagoland multiple listing service, is pleased to announce that its Technical Help Desk has been recognized as one of the Top 50 Call Centers in the United States and Canada by BenchmarkPortal for

Illinois Governor Pat Quinn and Illinois Attorney General Lisa Madigan spoke about housing-related in separate speeches before the Illinois Housing Leaders Conference in Springfield on Monday, offering a possible snapshot of the upcoming battle for the 2014 Democratic nomination

Homebuyers have been enjoying some of the highest levels of housing affordability in decades, but will rising interest rates compromise that? The housing downturn has affected quite a few players in the real estate scene, what with its falling

Foreclosure filings fell 23 percent nationally in 2013’s first quarter, but the situation in many local markets offered a more nuanced portrait. Foreclosure filings nationwide declined in RealtyTrac’s latest U.S. Foreclosure Market Report, though unsurprisingly, the situation was a

The African American Contractors Association (AACA) has awarded Related Midwest its “Outstanding Real Estate Developer of the Year” award at its 20th Annual Membership and Awards Reception. In addition to Related Midwest’s long-standing support of the AACA, the award also

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that Cartavi is supporting MREDpalooza as a ZAP! level

Housing market attitudes remain optimistic in this recovery process, according to Fannie Mae’s March 2013 National Housing Survey results. Even though more Americans are pessimistic about their personal finances and the economy, they continue to remain positive about the

Asking prices rose yet again in the Trulia Price Monitor in March, but asking rents continued to slow. Asking home prices outpaced asking rents yet again in Trulia’s latest Price Monitor and Rent Monitor, which studied all the for-sale

A new study by the American Public Transportation Association and the National Association of Realtors has uncovered a most interesting pattern in some of America’s largest cities, Chicago included. Studying residential sales prices from 2006 to 2011, researchers concluded

Home prices continued to pick up more steam in the CoreLogic HPI, rising to their highest mark in nearly seven years in February. Home prices nationwide rose a sterling 10.2 percent year-over-year in February, according to the latest CoreLogic

Former President Ronald Reagan’s Hyde Park boyhood home is being demolished. Reagan lived in the apartment building, located at 832 E. 57th St., with his parents in 1914 and

What communities in Chicagoland have the highest percentage of mortgage-free homes? Who are the homeowners in the Chicagoland area who truly owns their home, mortgage free? According to a new study from Crain’s, they’re either old or wealthy. In

The city of Chicago will begin the phase-out of the 7 percent tax cap on property assessment  increases – a break created during the real estate boom to control the steep property tax hikes. The north suburbs will begin

Though the housing market is recovering, first-time homebuyers have thus far been an absent component of that recovery; when will they return? The housing market may be showing its best signs of life in years, but one essential component