Chief Economist for Fannie Mae Doug Duncan released a statement today that said housing market activity is on a steady incline toward improvement, “well ahead of last year’s pace.” Duncan’s statement coincides with Fannie Mae’s recent findings in their

  Chicago Lakeside Development was recently honored at The United Nations Conference on Sustainable Development’s (UNCSD) Rio+20 Conference held June 20-22, as one of the world’s leading projects for sustainable building in the conference’s “Sustainia 100” list. In its

Is the 305 passing 312? New construction data from McGraw-Hill Dodge on high-rises in the U.S. contained an interesting nugget of information – from 2000 to 2011, there were more projects for buildings of 20 or more stories in

Kathy Dames, broker and owner or RE/MAX Ultimate Professionals in Shorewood, and her team have recently received recognition for the their overall 2011 performance from RE/MAX Northern Illinois, according to an issued press release. The group, who recently settled

Real estate data firm Reis, Inc. is reporting that average rent costs have reached a record increase in 74 out of 82 markets that it is tracking in the second quarter, including cities like Chicago, Miami, Seattle, San Diego

Patrick O’Rourke, North Shore regional vice president for Coldwell Banker Residential Brokerage, has announced that Realtor Lala Green has been appointed to the position of transition coordinator, social media, personal branding and online marketing for the brokerage’s North Shore

Geneva-based development firm ShoDeen Residential has begun sales for its newest town home community, Dodson Square, located in the city’s downtown region. Buyers have four customizable models to choose from, all featuring three bedrooms, two-and-a-half baths and a finished

Wal-Mart Stores Inc. has announced that they will open two new “Neighborhood Market” stores in the city’s southwest neighborhood of Little Village and in the neighborhood of Back of the Yards, according to Crain’s Chicago. The announcement showcases Wal-Mart’s

Midwest Real Estate Data (MRED), the Chicagoland multiple listing service (MLS), has analyzed a series of metrics and confirmed the Illinois real estate marketplace in May was one of the best in some

Chairman and CEO of The Federal Savings Bank Steve Calk has announced that the bank has received a $4 million grant from the City of Chicago’s TIFWorks program. Calk made the announcement alongside Chicago Mayor Rahm Emanuel at a

Pat Wargowski, vice president and branch manager for Koenig & Strey Real Living’s Elmhurst office has announced the brokerage’s sales and listing leaders for May in an issued press release. The top team Sales Leaders went to The Gracik

Related Midwest has just announced it has entered into a partnership to re-launch three newly-constructed (and previously failed) downtown residential towers located in the South Loop. Related will be leading the marketing and sales efforts for 1201 South Prairie

Sales for home sites are underway for luxury country club community Sand Creek, as its developers Blueprint Realty Partners, LLC are currently building homes for the community’s fourth and fifth phases. The Chesterton, Ind. community has already sold 80

The National Association of Realtors’ Pending Home Sale Index bounced back to positive territory in May, rising 5.9 percent to its highest level in two years. With a reading of 101.1, the index is 13.3 percent higher than a

Prudential Rubloff Properties announced late last week that May 2012 was a record month for the firm, with closed volume increasing 17.15 percent year-over-year and closed units by 26 percent. Excluding June 2010, when expiring tax credits were an

Thaddeus Wong, co-founder of Chicago real estate firm @properties, was recently awarded with Loyola University Chicago’s Damen Award. The award, given to alumni for their professional achievements, and service and leadership in the community, is named after Loyola University