By Natalie Terchek Andrew Bowyer and Middlefork Development, partners with Ballis Group and Coldwell Banker Previews International, made a donation to the Ronald McDonald House Charities of Chicagoland and Northwest Indiana (RMHC) at an open house  on December 4

An 11-unit condo building in Lincoln Park is will soon be no more – the owners of the condos at 1909 N. Orchard St., put the structure up for sale last week, and the buyer, a developer, plans to

An Illinois foreclosure bill that could dramatically improve the state’s troubled relationship with distressed properties passed the state legislature this week, and is now awaiting final approval from Governor Pat

Asking prices continued to show improvement in the Trulia Price Monitor, a leading indictor of market activity that studies the asking prices of new property listings on the real estate

Century 21 Affiliated Chicago announced its merger with Century 21 Kmiecik Realtors located in the Southwest Section of Chicago. The company will operate under the name Century 21 Affiliated

By Peter Ricci The fiscal cliff, and its implications for the U.S. economy, may be receiving all the attention from the media, but the National Association of Realtors (NAR) is doing its darnedest to ensure that another, equally potent

By Melissa Swanner Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service, has announced that its MLS system, connectMLS, was rated the highest in the latest WAV Group MLS Technology Survey

By Natalie Terchek The National Association of Realtors (NAR) presented Terese (Terry) Penza, president and CEO of the North Shore-Barrington Association of Realtors, the 2012 William R. Magel Award of Excellence on November 12. The award honors an individual

By Peter Ricci Monthly mortgage payments in the Land of Lincoln are pretty average, according to an expansive study by Lending Tree of the various states’ mortgage payments in the last 12 months. As Lending Tree found, monthly mortgage payments

By Natalie Terchek The Roanoke Group, a California-based development group, plans to revive work on a failed 47-acre residential development in Lake Bluff it acquired last year. The group plans to push an even bigger project on the property

By Peter Ricci Last week in our continuing series on NAR’s 2012 Profile of Home Buyers and Sellers, we looked at the demographics of 2012’s homebuyers and how they searched for their future homes, and now, in our next

By Peter Ricci Real estate has undergone a radical change in the last 15 years, but perhaps no area of the industry has changed more dramatically than that of how prospective homebuyers search for properties. What used to be

By Peter Ricci A vacant lot for sale in Chicago’s Kenwood neighborhood would already be a instant draw, but this piece of real estate in one of the city’s most elite and desirable neighborhoods has one more thing going

By Peter Ricci Privately-owned housing starts in October rose 3.6 percent from September to an annual rate of 894,000, which is the highest rate since July 2008, according to new numbers from the U.S. Census Bureau. That total was

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service, has reported that the October 2012 Supply of Inventory (MSI) was down to 4.3 months, while the number of properties under contract had skyrocketed to 10,364. The MSI figure is the

By Peter Ricci Home sales in the city of Chicago increased by stratospheric amounts in October, posting a 53.1 percent increase year-over-year with a median sale price jump of 8.0 percent, according to the latest numbers from the Illinois Association