Hey! Congress did something good! Here’s a great piece of news for the holiday season – in a refreshing act of bipartisanship, the Senate approved a measure 76-16 this week to extend the Mortgage Debt Forgiveness Act (MFA) through 2015;

Numbers may have been down in Chicagoland’s housing market in November, but it all is part of a larger plan. Home sales in the nine-county Chicagoland area were down 8.8 percent year-over-year in November, while median sales price was up

As the temperature falls, so have existing-home sales, but numbers still indicate a slow return to normalcy. The market peaked for 2014 in October, according to the National Association of Realtors recently released existing-home sales report. In November, existing-home

Since the tower’s first announcement by a Chinese news outlet in July, the drawing plans for Chinese developer Wanda Group’s new supertall tower with 9,000 sq. ft. of retail space have been unveiled in a public announcement coordinated by

The Chicago Plan Commission has finally approved developer Related Midwest’s proposal to construct a 67-story tower in the Streeterville neighborhood designed by New Yorker architects Robert A.M. Stern Architects. The approval signals marks the first highrise project designed by

The Fed’s language on interest rates changed at its last meeting, throwing into question its future policies. It’s the big question on everyone’s mind – when will the Federal Reserve decide to raise interest rates? Indeed, there are few

Better Homes and Gardens Real Estate is offering real estate professionals with an open forum to share their ideas on various topics through a radically different collaboration platform, Idea Shed. With the recent launch of Idea Shed, real estate professionals

From Friday, Nov. 21 through Thursday, Dec. 18, Realty Executives of Illinois hosted a holiday food drive to benefit People’s Resource Center, a food pantry that offers fresh produce, meats, dairy, canned goods and household staples to the needy.

After its original filing in 2012, the Chicago Association of Realtors’ lawsuit against local Realtor Andrea Geller is finally going to trial. It was more than two years ago – Sept. 5, 2012, to be exact – when the

The negative equity situation in Chicagoland has improved markedly, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Chicagoland area, the share of mortgage properties in

Spending package offers prolonged mortgage debt relief but faces uphill battle.   As is their recent tradition, Congress is continuing to squabble following the sweeping Republican victories in the midterm elections, and it may lead to thousands of Americans

Builder confidence remains high while home construction continues to trod along – what gives? Builder confidence this month fell just one point, according to the latest Housing Market Index from the National Association of Home Builders. Finishing up 2014

Midwest Real Estate Data (MRED) announced today that the company will no longer be offering access to Walk Score in connectMLS and MRED’s Share My Listings (SMyL) widget. Walk score is a private company that provides walkability services and

We all want to think that an explosion is pending in Millennial homeownership, but the numbers to justify that are hardly cooperating. The last few months, we’ve reported consistently that the big problem facing housing (as well as the

It goes without saying that buyers looking to live close to Chicago’s downtown area will be limited to high-rise condominiums with high prices, but for those buyers willing to compromise by looking slightly further out, a selection of condos,

The National Association of Realtors has selected Nancy Nagy, Berkshire Hathaway HomeServices KoenigRubloff Realty Group’s Chief Executive Officer, to serve on the 2015 Board of Directors. “It is such an honor to have been selected as one of the