News / Features

Chicagoland Housing Recovery Continues with Strong April Sales

Chicagoland housing sales and prices up in April Spring was in the air for the Chicagoland housing market in April, with sales rising 7.4 percent year-over-year and median price jumping 10.5 percent, according to the latest market report from the Illinois Association of

Pangea Properties Named Winner of 2015 Good Neighbor Awards

For the fourth consecutive year, Pangea Properties is recognized for its attempts to rehabilitate rental communities in Chicago’s South and West Sides with the 2015 Good Neighbor Awards. This award is given by the Chicago Association of REALTORS®, which

Realtor Karen Ranquist Hits the Runway for a Day to Benefit Charity

Karen Ranquist, a broker at Berkshire Hathaway HomeServices KoenigRubloff Realty Group’s Lincoln Park Clybourn office, will represent the real estate industry as she walks the runway at The Style Session charity benefit. The event will benefit the Step Up Women’s

Is Weak Economic Recovery Hampering Homebuilding?

After strong series of months, builder confidence a bit bumpy thus far in 2015 Builder confidence has been one of the unqualified success stories of the housing recovery, but weak economic fundamentals could hamper its progress. That’s one of

HAMP and HARP Extended Through 2016

The Federal Housing Finance Agency (FHFA) has extended the Home Affordable Mortgage Program (HAMP) and Home Affordable Refinance Program (HARP) through the end of 2016. Mel Watt, the FHFA’s director, commented that the programs have been a key component in

Chicago-Based @properties Partners with TurboAppeal

@properties, the largest independent real estate brokerage firm in Illinois, announced that it has formed a partnership with local technology startup TurboAppeal. The merger will simplify and improve the property tax appeals process for @properties’ clients while offering TurboAppeal

Coldwell Banker Announces Affiliation with Kelly Janowiak and Inez Valadez

Coldwell Banker Residential Brokerage announced that Realtor Kelly Janowiak is now affiliated with their Park Ridge office. Janowiak comes to Coldwell Banker Residential Brokerage with 14 successful years of real estate experience. A top-producing agent specializing in residential properties

5 Critical Details about New Construction in 2015

April new construction numbers excellent, but stats could be misleading On the surface, April was a fabulously positive month for new construction. Not only did housing starts jump 20.2 percent from March (the second largest jump ever recorded), but their

Real Estrange; Tax Collection Sabotage, Harassing Phone Calls, Pranking Neighbor

Making tax collection More of a Pain He must have had a lot of time on his hands: on Jan. 28, 2015, Timothy Andrew Norris, a 27-year-old Wichita Falls resident, decided to take his frustration out on the tax

Healthy Living: Minorities and Millennials Want More

A study from ULI found that while most people are happy with their living arrangements, many are lacking in some fundamental amenities, like healthy food Real estate supports a wide spectrum of standards, encompassing a plethora of lifestyles and preferences

The 10 Most Competitive Neighborhood Housing Markets in Chicago

Housing in Chicago’s city market is doing quite well, but what neighborhoods are particularly competitive? Good news abounded in the latest Real Time Housing Market Tracker from Redfin, which offered an exhaustive overview of Chicago’s housing market in April.

Real Estrange: a Floating Fortress, Tiny Homes, Downton Abbey

A Floating Fortress Wayne Adams, 66, and Catherine King, 59, took sustainability to a whole new level when they built a floating home together on the coast of Vancouver Island, British Columbia in 1992. The couple spent 20 years

The 10 Biggest Challenges Facing Homebuilding in 2015

Significant challenges remain on the homebuilding front, according to new NAHB research “Booming” is a word that has not been associated with Chicagoland’s housing market for some time, but no other adjective is more appropriate for the market’s new

Will Looser Lending Standards Increase Homebuying? Not Necessarily

Looser lending standards may not be the panacea for housing’s sideways growth For years, housing professionals have been holding their breath for looser lending standards to ride in and boost the market into a new era of prosperity, but

Real Estrange; Vanilla Ice, iPhone 6 Home Trade, Uber-Good Incentive

STOP: GET OUT OF THE FORECLOSURE AND LISTEN Robert Van Winkle, formerly the rapper known as “Vanilla Ice,” who now renovates homes for “The Vanilla Ice Project” on DIY Network, faces charges of burglary and grand theft of a

CoreLogic: Chicago Cash Keeps City Ahead of National Curve

Despite an influx of investors to the market, cash sales continue to dwindle throughout the nation. It is a new market for traditional buyers, despite a recent report of surging investor activity, as once again cash sales fell in

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