Local News

Real estate news in Atlanta

Bobby Jenks Reduces Price on Hinsdale Home

By Tom Butala Former Chicago White Sox Reliever Bobby Jenks reduced the price today on his West Suburban

Illinois Association of Realtors Releases Data Supporting Case for Higher Government Loan Limits

The Illinois Association of Realtors (IAR) yesterday released new data that shows mortgage loans above the current conforming limit have not led to an increase in foreclosures in the Chicagoland region as some have previously thought. The data provides

Chicago Architect Nathan Kipnis Wins Green Award

Chicago and Northshore architect, Nathan Kipnis, has been named one of the six recipients of Chicago Magazine’s fifth annual Green Awards.  He will be featured in the April 2011 issue, which comes out March

Poll: Confronting Unprofessionalism

Unprofessionalism and unethical agents is a big complaint in the real estate industry. How can it be stopped? Many think reporting it and punishing this behavior is a way to stop it, but some people would rather not deal

Lexington Park Condos Go Rental

According to ChicagoRealEstateDaily.com (CRED), The South Loop’s Lexington Park Condominiums have gone

Weekend RE

Homeowners and buyers are taking advantage of low interest rates, according to ChicagolandRealEstateForum.com. For the week ending March 4, the Mortgage Bankers Association reported that mortgage applications rose 15.5 percent compared to the week before, says

Wealthiest Suburbs Also Affected By Housing Market

The slow housing market is affecting every city, even some of the wealthiest suburbs of Chicago. Suburbs located in the Northwest and the North Shore like South Barrington, Barrington Hills and Lake Forest have been suffering with the rest

Condo Boards Denying Requests for FHA Approval?

As tough as it is for new buyers to obtain financing today, some condo owners are facing difficulties even applying for FHA loans and FHA-insured reverse mortgages because of association board members denying their requests for FHA

New Amendement to HRHLA Could Revive Reverse Mortgages in Illinois

According to ReverseMortgageDaily.com, a recent amendment to the High Risk Home Loan Act (HRHLA) ensures that high risk home loans do not include reverse

Prudential Rubloff Receives Gibraltar Circle Award

Prudential Real Estates Affiliates (PREA) has awarded the Gibraltar Circle Award to Prudential Rubloff Properties for the fourth year in a row at the 2011 Prudential Sales Convention in San Diego,

Nate Berkus’ Gold Coast Condo Still for Sale

By Tom Butala As Nate Berkus, the interior designer who rose to fame through “The Oprah Show,” has moved to New York City; his former Gold Coast residence is now on the

Illinois CCIM Chapter Announces 2011 Board of Directors

The Illinois CCIM Chapter has announced its officers and board of directors for

NAR Home Ownership Bus Tour Takes Off from Navy Pier

The National Association of Realtors’ month-long ‘Home Ownership Matters Bus Tour’ kicked off this weekend in Chicago outside of the Chicago Flower & Garden Show on Saturday, March

Nominations are Open for the 2012 Good Neighbor Awards

Realtor Magazine’s Good Neighbor Awards recognizes Realtors who devote themselves to volunteer service and is currently accepting applications. This is the 13th annual Good Neighbor Awards, and the National Association of Realtors is looking for outstanding Realtors who not

HUD Awards More Than $2.3 Million to Fight Housing Discrimination in Illinois

The U.S. Department of Housing and Urban Development awarded yesterday more than $2.3 million to nine fair housing organizations and non-profit agencies in Illinois to educate the public and combat housing and lending

CAR Board Members Speak Out Regarding Ethics

Let this be a warning to Realtors everywhere that everyone is watching, and while we are all busy, not staying on top of of things can create big

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