The National Association of Home Builders Young Professionals Committee was recently formed to inspire young homebuilding professionals under the age of 45 to become association leaders. New members will be involved in national networking, education and advocacy initiatives. And when filling out an application, the association is recommending

Click on the tabs below to see the top single-family, condo and townhome closings in Chicagoland’s housing market in September: Single Family Condo Townhome Single Family Sales Price Property Agent Brokerage $5,500,000 1870 North Orchard Street, Chicago Emily Sachs Wong

The iconic building has hit the selling block, and the possibilities are many Tribune Tower, the 1925 gothic skyscraper that has been the longtime home of the Chicago Tribune, is now for sale, according to an announcement from Tribune Media. The company,

Housing has made considerable progress the last few years, but elements of the downturn still linger. Recently, there have been many promising developments in housing. New construction, for instance, is becoming more affordable, and new home sales are up

Live like you’re always on vacation in this $2.8 million Henry Island, Wash. home. Accessible only by boat, this 2,700-sqaure-foot property features three bedrooms, concrete floors, a 10-foot-long breezeway connecting the living and dining spaces, and radiant heat. With

Average fixed mortgage rates have lowered following September’s jobs report, according to Freddie Mac’s Primary Mortgage Market Survey. With the 30-year FRM falling from 3.85 to 3.76 percent, average rates have now been below 4 percent for 11 consecutive weeks, while including the

LendingTree’s survey reveals that though Americans bargain shop for many things, they do not adequately research financial loans. Out of the 1,024 people surveyed (ages 25 and up), 79 percent of Americans claimed to be bargains shoppers. An overwhelming  83

Mike Drews was installed as the 2016 president of the Illinois Association of Realtors on Oct. 6 at the Illinois Association of Realtors Inaugural Gala. He is a broker-associate with Charles B. Doss & Co. in Aurora. Drews has been active

Mortgages were slightly easier to attain in September, according to a new analysis by the Mortgage Bankers Association. The MBA’s Mortgage Credit Availability Index (MCAI), which tracks access to credit, rose 0.3 percent in September to 126.5; any increase in

Chicago holds a majority of zombie foreclosures, vacant homes Despite a 43 percent national drop of “zombie” foreclosures, they still remain a problem in several parts of the country, according to a RealtyTrac study. The study, which was looking at “zombie” foreclosures

What neighborhoods, in Chicago’s competitive housing market, are seeing the most activity? The other week, we reported that with 266 home sales in August, the Near North Side was once again Chicago’s top-selling neighborhood, with Lincoln Park, the West Loop and Lakeview

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications increased 25.5 percent from the week prior. Refinancing activity increased by 24 percent, while purchase mortgages rose by 27 percent. Refinancing comprised 57.4 percent of all mortgage

Chicago is the No. 5 luxury housing market in the country for homes $1 million and up, according to the new Coldwell Banker Previews International Luxury Market Report. The report analyzed which U.S. cities had the highest number of luxury

A new plan has been approved for the old Cabrini-Green site. What will be the impact on area housing? A recent court ruling has accelerated the new mixed-income housing development in Cabrini Green. Hundreds of public housing units will be constructed

The rental market in Chicago has been red-hot for some time now, but is it finally tapering off? And what would that mean for homeownership? The average rent in Chicago’s housing market is $1,145, and the area’s rental growth is

One man turned his dream into a reality in 1977, building a pyramid shaped home in Wadsworth, Ill. The property, known as The Gold Pyramid, is built on a concrete island, surrounded by a moat and guarded by multiple sculptures, including