Almost 40 percent of homeowners nationwide who took out second mortgages are underwater on their loans. That is more than twice the rate of owners who didn’t take out such loans. According to the Wall Street Journal, nearly 40

Five individuals from the North Shore have been federally charged for allegedly partaking in a $15.7 million residential mortgage and construction loan fraud scheme, leading to a loss of more than $8 million for lenders, said the Chicago

Gary Jacklin of RE/MAX Action in Lisle, IL, recently received the Technology Award from Northern Illinois real estate

Coldwell Banker recently released the results of an online survey, which asked 1,188 Coldwell Banker real estate professionals about their perceptions regarding gas prices impacting home buying trends; many professionals noted an increase in desire for urban living, short

Coldwell Banker announced recently that 10 RE/MAX Team 2000 Realtors have joined the Coldwell Banker Orland, Flossmoor and Tinley Park

With home prices falling and buyers seeking good deals and ideal locations, it seems that many have turned to the downtown area; overall, MLS inventory in the downtown area is dwindling, with a 61 percent decrease of condos and

Matanky Realty Group has been awarded exclusive rights to two properties in the Chicago

North America’s tallest building, the Willis Tower (formerly known as the Sears Tower) is expected to be either recapitalized or sold, said Wall Street

Despite the housing market’s decline, housing prices in Andersonville and Uptown have reportedly seen a steady climb upwards in the past

Chinatown developer, See Y. Wong of Wabash Development Group, recently acquired a warehouse on 2401 S. Archer Ave. The space will be cleared to make way for the first phase of Eastern Towers, a new $100 million mixed-use development

Alvia Baker of DuSable Realty and Appraisal won the $1,000 American Express gift certificate at a broker party held by The Columbian on May

Condominium boards for two luxury downtown high-rises aim to market a controlled amount of available rentals, in an effort to maintain the value of the properties, according to

Chicago-based brokerage Dream Town Realty added five new agents to its residential sales team in

Kimberly Trimmel, associate broker at the Keller Williams Gold Coast office, has recently been appointed as the director of compliance for the Keller Williams Gold Coast

A new brokerage, RE/MAX Synergy opened at 15607 S. Harlem Ave., in Orland Park, Ill.; the franchise is owned by Renaud Biscarrat (pictured), with a team of 57 affiliated agents who are eager to serve clients in Chicago’s southwest

The Census Bureau released the “Profile of General Population and Housing Characteristics” for Illinois last week, which included information and stats that reveal which Chicagoland areas were hit the hardest by