Larry Steinway announced his acceptance of a senior vice president position with Chicago Bancorp today. Steinway has been working in the mortgage industry for over 20

A home showing in Sauk Village, a small community 30 miles south of Chicago with just 10,000 residents, went horribly awry as two bodies were found in the home by the property’s owner and a prospective buyer.The victims, ages

The recipients of the 2011 Department of Housing and Urban Development (HUD)’s Sustainable Communities Grants were recently announced by HUD Secretary Shaun Donovan. Oak Park and the West Cook County Housing Collaborative received the Sustainable Communities Challenge grant, which

A developer has proposed a 17-story rental and retail complex in Lakeview, but some locals aren’t thrilled about bringing a project of that size into the neighborhood, according to a recent Chicago Sun-Times article by David

It’s tough for small community banks – though they had little to no impact on the financial crisis and steered clear of many of the exotic options that have troubled housing since 2007, many are facing an increasingly difficult

Demolition has just begun on the apartment complex at Chicago Avenue and Kedzie in Evanston. The developers have estimated that the units will be ready for residents around Spring

Principals Michael Pierson and Chris Eigel of Prudential Rubloff Properties were pleased to announce that Dan Saunders, founder of New Buffalo Vacation Rentals, is joining Prudential Rubloff as manager of Rubloff Rentals, the firm’s newest division in New Buffalo,

The short sale process is a notoriously difficult affair, one that can take months to square away as agents bicker with banks and other financiers on an appropriate selling price for the foreclosure-prone property. But according to recent reports

The Wall Street Journal‘s third-quarter survey of housing-market conditions showed that home prices have fallen so far that the monthly cost of owning a home is at the most affordable it’s been in 15 years. Additionally, as rental rates

Aldermen gave the green light last week to a new affordable housing development on Evanston’s west side, according to a recent Chicago Tribune article by Jonathan

Ascend Real Estate Group LLC has constructed plans for a nine-story, 214-unit apartment building with retail space in Chicago’s West Loop. Ascend wants to begin construction by late summer with an estimated completion in

Veteran financial analyst Jeremy Oremland has joined Magellan Development Group in the newly created position of financial analyst. In this position Oremland will be responsible for evaluating residential, retail, and mixed-use development opportunities

According to new data from the Mortgage Bankers Association, Federal Housing Administration loans in the Chicagoland area fell dramatically last year as more homeowners opted to refinance their homes. As reported by  Mary E. Morrison of Chicago Real Estate

Fannie Mae has recently announced its decision to suspend evictions of single-family and two- to four-unit properties from December 19 to January 2,

Chicago residential real estate company Triview Property and Investments has just appointed Paul Pekofske to the position of managing broker. While serving in this position, Pekofske will be responsible for agents’ compliance with Illinois License Law as well as

A recent post by UrbanTurf writer Erin Calandriello revealed former Governor Rod Blagojevich reduced the asking price of his Ravenswood manor to