National News

Franczak’s Open, Loft-like Kitchens are the Social Hub of the Home

Are you the chef of the house who loves to cook for your family? Do you yearn to serve your guests expertly prepared drinks across the kitchen peninsula? Or, do you just enjoy swapping stories while entertaining friends around

Case/Schiller Shows Marginal Improvement in Chicago Home Prices

Data through August 2010, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show a deceleration in the annual growth rates in 17 of the 20 MSAs and the

Jameson Commercial Division Completes Multiple Lease and Sale Transactions in Several Chicago Neighborhoods

Jameson Commercial is pleased to announce seven commercial real estate transactions. “While economic conditions are difficult, we are extremely pleased to continue adding value to client’s assets, closing sale deals, and completing tenant representation transactions.” said Will Crowden, Senior

Metro Chicago Real Estate Sold More Quickly in September Even as Fewer Properties Changed Hands

September marked the first month in which the metropolitan Chicago real estate market felt the full impact of the end of the federal income tax credit for homebuyers, which had been in effect in one form or another for

Evanston Native Asks: Are You Political Candidate Material?

By Sharon Strobeck-Eckersall How does an Evanston dog-lover wind up in a prickly three-way race in Cook County, that hothouse of political intrigue? In my case, certainly not by design! People who enjoy community service and volunteerism often don’t

Mixing Realtors and Politics

By Zipporah Porton With elections around the corner on Tuesday, Nov. 2, it’s important for Realtors to pick the right candidate for the real estate industry. Whether you have a passion for politics or you’re barely paying attention to

Mortgage Applications Decrease in Latest MBA Weekly Survey

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 15, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 10.5 percent on a seasonally adjusted basis from

Builder Confidence Improves in October

Builder confidence in the market for newly built, single-family homes rose three points to 16 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for October, released today. This was the first improvement registered by the

Nearly Eight in 10 Americans Still Believe Buying a Home Makes Good Financial Sense

Nearly eight out of 10 respondents believe buying a home is a good financial decision, despite ongoing challenges with the economy and housing market. That’s according to the 2010 National Housing Pulse Survey, an annual report released today by

Home Buyers, Refinancers Can Lock In Record Low Home-Loan Rates

With home-loan interest rates at record-low levels, home buyers searching for an affordable mortgage and homeowners seeking to refinance now have a tremendous opportunity to lock in a mortgage at a bargain price, experts say. According to Freddie Mac’s

Local Exposure – Global Reach

by Michael Bauknecht When the market continued to shift 2007-2008, I decided to identify other opportunities instead of trying to compete for listings. My mental diet was changing and I started focusing on the intersection between real estate and

RE/MAX Records Increasing Franchise Sales

While the housing market is experiencing a post tax credit correction, RE/MAX reports that at the end of the 3rd quarter, 2010 franchise sales are 36 percent higher than this time last year. “Wherever we go in the world

Pending Home Sales Show Another Gain

Pending home sales have increased for the second consecutive month, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator, rose 4.3 percent to 82.3 based on contracts signed in August from a downwardly

Chicagoland Home Prices Remain Stable Around Recent Lows According to the S&P/Case-Shiller Home Price Indices

Data through July 2010, released today by Standard & Poor’s for its S&P/Case-Shiller(1) Home Price Indices, the leading measure of U.S. home prices, show that the annual growth rates in 16 of the 20 MSAs and the 10- and 20-City

Chicago’s Best-selling Condo Development, 565 Quincy, Tallies 120 Sales in First Nine Months of 2010

Last January, while many developers were taking a wait and see approach to the spring condo market in downtown Chicago, brokerage firms Belgravia Realty Group LLC and @properties instituted an aggressive sales and marketing program to sell the remaining

The Truth About Agents Survey

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