Contrary to popular belief, there’s never been a better time to purchase a new home—as evidenced by historically low interest rates and a variety of attractive financing options available. These loan programs and tax credits are specifically designed to

October continued the trend of median price growth in the majority of Illinois counties: sales were lower due to seasonal and residual tax credit factors and year-to-date sales remain positive even as the economy and foreclosures slow the recovery.

The real estate professionals at RE/MAX Elite in Hinsdale, Ill., are doing their part to spread some cheer this holiday season. The brokerage, located at 28 W. Hinsdale Ave., will hold a toy drive on Nov. 26 to benefit

Through local bake sales, Cookies for Kids’ Cancer provides the inspiration and support for individuals, communities, and businesses to help fight pediatric cancer. Last year agents at Prudential Starck, REALTORS had so much fun hosting the bake sale and

Construction has begun on America’s premier upper-upscale Radisson Blu Aqua Hotel in the internationally-acclaimed Aqua tower in Chicago’s evolving Lakeshore East community. A joint venture of developer Magellan Development Group and Carlson, a global hospitality and travel company, the

Home prices in the metropolitan Chicago real estate market reached somewhat firmer ground in October even as the volume of homes changing hands continued to decline.  Both the median and average price of homes sold in the seven-county metro

“I am finding my short sales buyers are getting more and more impatient with banks and their response time. I have three buyers right now who have waited for nothing in return for 90-plus days and have begun to

The Homebuilders Association of Greater Chicago hosted yesterday its annual Key Awards dinner at Meridian Banquets in Rolling Meadows, Ill.

“The Key Awards recognize excellence in housing design, architecture, interior merchandising, landscaping, landscape architecture and remodeling,” according to HBAGC.com.

Awards were distributed on three levels, the Crystal Key Award, the Gold Key Award and the SAMMY Awards; with www.ChicagolandRealEstateForum.com providing real-time updates of the winners online.

According to a report from the National Association of REALTORS, the average homeowner’s net worth is approximately 41 times larger than that of the renter. Homeowners’ average net worth in 2010 ranged between $150,000 and $200,000 the report says,

At its Greenbuild Annual Conference & Expo today, the U.S. Green Building Council (USGBC) announced the launch of the Green Building Information Gateway (GBIG) Pilot for Illinois. The new gateway offers Greenbuild conference attendees three new resources for use

Builder confidence in the market for newly built, single-family homes improved slightly in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI rose one notch to 16 from a downwardly

When the mortgage crisis hit American homeowners full-force, companies offering “foreclosure rescue” and “loan modification” sprouted like weeds. Most promised troubled homeowners quick fixes for high fees, and failed to deliver after collecting their money, leaving families poorer and

The Consumer Mortgage Bureau has developed two new designation programs to define the Mortgage Industry in the wake of the S.A.F.E. Mortgage Licensing Act of 2008: the Registered Mortgage Professional (RMP) and the Licensed Mortgage Professional (LMP). On July

On Feb. 22, Chicago residents be able to cast their vote for the new mayor of Chicago. However, based on what you know right now, we want to hear who Realtors will be voting for when the time comes.

by Zipporah Porton One of the biggest incentives for homeownership right now is the subsequent tax deduction. However, a new reform might eliminate this opportunity. The National Commission on Fiscal Responsibility and Reform, a bipartisan commission President Obama created

Every fall, parents wave goodbye as their college-bound kids pack up their belongings, make the drive down university lane and prepare for football games, mid-terms and freedom. While college living is often associated with dorms and campus housing, Coldwell