On Friday, Illinois officials announced a not-for-profit agency which will modify home loans for underwater homeowners, or those with properties worth less than what owners owe on mortgages, according to Crain’s. The agency, which is starting out by targeting

RentJuice’s first quarterly comparison, Rent Index in Chicago, found that the average cost to rent a home in Chicago is $1,410, according to a press release on the analysis, released

The error in the Illinois Association of Realtor’s (IAR) May 2011 data, and potentially years previous, has likely left many industry professionals wondering what data they can

Currently, 75,000 mortgage foreclosures are pending in Cook County, said the Chicago Tribune. In May, the county’s mediation program for foreclosures assisted 216 delinquent homeowners, preventing them from losing their properties to lenders, according to a report from the

Koenig and Strey unveiled plans for new offices in Glenview and Lake Forest. Koenig and Strey President and CEO Nancy Nagy announced that the brokerage will be moving to a new, customized location at 280 Deerpath Road in Lake

Today, the Illinois Association of Realtors (IAR) released a statement regarding the association’s erred Chicago median prices and home sales. The group admitted its data was incorrect yesterday, finding that their May statistics, as well as potentially years worth

The Illinois Association of Realtors previously claimed that the median price of condominiums sold in Chicago this May rose 10.3 percent; now with news that the median prices actually fell 23 percent year-over-year, the accuracy of data dating back

Chicago and nearby suburb St. Charles have both received some recent honorable mentions, with Chicago being ranked as the third best vacation city in the U.S. and Canada, and St. Charles nominated as the best city in which to

Weichert, Realtors – First Chicago Broker/Owner, Ron Ruby, will participate in the “attempt” to break the Guinness World Record for the most high-fives in an hour at this year’s 10th annual Taste of River

Developer Jerome Cedicci’s 44-unit condominium project on the West Side faces foreclosure after a scandal over the development lead to several resignations at City

“The Walkability Premium in Commercial Real Estate Investments,” a report by Gary Pivo and Jeffrey D. Fisher found that “walkability” increases an offices’ and stores’ value by nine percent, as well as apartments by one percent. Chicago was among

It’s an advantage to be able to do business in multiple states. Real estate brokers have clients outside the state all the time, whether for second home clients, clients looking to make a move permanently to Illinois, or clients

Standard Bank & Trust recently welcomed Joanna Weiss to their ever-expanding Northside mortgage division as a mortgage

Weichert, Realtors – Kingsland Properties welcomes a new member to their team. Scott Dudlicek will be part of the sales team at Weichert, Realtor’s Naperville office, serving DuPage, Kane and Kendall

Nancy Nagy has recently been named the President and CEO of Koenig & Strey Real Living. Nagy will oversee the daily operations of the company’s 21 offices and over 900 agents in her new role. In addition to her

Midwest Real Estate Data LLC (MRED) announced they will now take part in the CoreLogic MarketLinx MLS Data Co-op in order to gain access to listings across the nation and market their agent’s properties across the