News / Features

In Chicago, Women More Likely To Be Denied Mortgages Than Men

Women of nearly every income level are impacted by a gap in mortgage approval rates Women were 14.5 percent less likely to have purchase loans originated than men from 2011 to 2013, and were 17.4 percent less likely to have refinance loans

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

Chicago Among Most Affordable Housing Markets for Millennials

Chicago is still budget-friendly for Millennials Although skyrocketing housing costs and limited space have kept Millennials from buying housing in popular metropolitan areas, Chicago’s housing market is still in the range of affordability for the average Millennial. Bloomberg L.P.,

CFPB Proposes TILA-RESPA Delay

  On June 17, the Consumer Financial Protection Bureau announced a proposed amendment to delay the effective date of the TILA-RESPA Integrated Disclosure (TRID) from Aug. 1 to Oct. 1, 2015. In the announcement, CFPB Director Richard Cordray described

Maine’s Ferry Ride to Grace Estate

In 1918, New York City’s then-mayor, William Russell, had a 17-room mansion constructed for his daughter on an island in Islesboro, Maine. Known as Grace Estate, the waterfront property, now valued at $9.5 million, sits alone, surrounded by Penobscot

TILA-RESPA: A Builder’s Perspective

How builders should prepare for TILA-RESPA Pending the approval of a proposed amendment to extend its compliance deadline to Oct. 1, in less than two months, the real estate industry will find itself operating under of TILA-RESPA. Depending on

Top 10 Dangers Facing Brokers Today

Brokers and their businesses face 10 big dangers – none of them easily solved The real estate industry is on a precipice, and how it falls from that point will determine its future. That was the central statement – if not

STF Builders Offers New Construction Townhomes in the Heart of Beverly

STF Builders is offering the five new construction townhomes located at 10428 S Walden Parkway in Chicago’s Beverly neighborhood. The five units offer three bedrooms, 2.5 baths, two-car garage, office, stainless steel appliances, roof deck and much more. Buyers can put

Multifamily Housing is Driving New Construction in 2015

New construction up in 2015, rising on the shoulders of the multifamily sector Housing starts may have been down 11.1 percent from April to May in the Census Bureau’s latest report, but building permits were an entirely different story.

Dome Sweet Dome

A 14-foot-wide dome-shaped house constructed with curved wooden beams that spins with the help of a small motor sounds futuristic, but you can find these Domespace properties all around the world, including in the U.S. Shiva Vancet, CEO of

Single-Person Households on the Rise

Single-person housing is becoming a long-term solution, even into older years One of the most pronounced trends since the 1940s is the rise of the single-person household. According to the U.S. Census Bureau, single-person households were the second most common household type

CoreLogic: Chicago Gets an Equity Boost

CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the

CoreLogic: Cash Leaves Chicago, Homebuyers Rejoice

CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time

Ricky Bole Joins KIG as Marketing Officer

KIG, Chicago’s leading commercial real estate brokerage firm, has named Ricky Bole as marketing officer. In this position, Bole will focus on branding and client presentation in both digital and print. After serving as an intern with Playboy Enterprises, Inc.

Toronto’s Mathematical Mansion

In Toronto, millionaire high school math textbook author Dr. Jim Stewart created a multimillion-dollar mansion, Integral House, referencing the calculus symbol “integral.” The curvy architecture of the property was inspired by the mathematical world to which Stewart devoted his

Ryland Homes Introduces Remington Glen, A New Community in St. Charles

Ryland Homes has announced the opening of its new community, Remington Glen. Located in St. Charles, Remington Glen is three miles from two Metra Railway Stations, and the surrounding towns offer many shopping, dining and entertainment options. It is

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