News / Features

MBA: Chicagoland’s Foreclosure Inventory Down 33%

The health of Chicagoland’s housing market continued to improve, according to the latest market research by the Mortgage Bankers Association. Foreclosure inventory in Chicagoland fell a hefty 33 percent year-over-year in the third quarter, according to the latest National

Trulia: Chicago Asking Prices Jump 16.4% in October

Asking prices seem to be slowing down nationwide, but is that the case here in Chicago? October was a very positive month for Chicagoland’s asking prices, with the metro area posting some of the best numbers in the nation

Prudential Rubloff/Koenig & Strey Prep for Major Announcement

Prudential Rubloff and Koenig & Strey are preparing for a major announcement later today; could it be a merger? Prudential Rubloff Properties and Koenig & Strey Real Living are prepping for a 3:30 p.m. announcement this afternoon, though the

DocuSign Adds Cartavi to eSignature Platform

The National Association of Realtor’s (NAR) official eSignature provider, DocuSign, is now offering a package with Cartavi Transaction Rooms, a bundle expected to help Realtors efficiently manage the loose ends of a transaction. “DocuSign and Cartavi help real estate professionals

The 6 Reasons that Chicago Homeowners Invest in Improvement Projects

We’re often told how great home improvement projects are for home sellers, but what are the actual reasons that sellers pursue such projects? Home improvement projects are often pegged as one of the grandest reasons for owning a home

CoreLogic: Chicagoland Home Prices Up 9.96% in September

September was a solid month for home price growth in Chicagoland, with prices rising in the latest index from CoreLogic. Home prices in the Chicagoland area rose 9.96 percent year-over-year in September, according to the latest Home Price Index

MRED CEO to Judge at Upcoming Realogy Innovation Summit

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced today that MRED CEO Russ Bergeron has been chosen to serve as a judge at the upcoming “Realogy Innovation Summit – Powered by Retsly”, being held later this

Fannie Mae Survey Reveals Positive Outlook Among Delinquent Mortgage Borrowers

A new National Housing Survey conducted by Fannie Mae indicates that delinquent mortgage borrowers possess a positive view of homeownership in 2013 that aligns with that of the general population of mortgage borrowers. One Fannie Mae executive wrote that

3 Undeniable Signs That the Foreclosure Markets Have Improved

It’s been a slow, steady recovery for the nation’s foreclosure markets, but CoreLogic’s latest report solidified just how far they’ve traveled. The release of CoreLogic’s latest National Foreclosure Report, which covered economic data through September, made one thing clear

Tips for Realtors: How to Deal with Low Inventory in a High Competition Market

It’s no secret the nine-county Chicagoland area has suffered a drop in residential inventory. The fact is, there are more buyers than sellers, and many of those sellers are sitting on the fence waiting for the best price ever. So,

National Housing Market Cooling Down, Could Benefit Overheated Markets

After analyzing more than 350 metro areas in America, Zillow’s Q3 Real Estate Market Report revealed that national home values rose again in September, climbing 6.4 percent year-over-year to $163,000. Home values were up 1.2 percent from the second

Ask A Lender: Dean Vlamis

Q; Should my client wait to buy until interest rates go down again? A: While it is true that interest rates have gone up in the last few months, let’s try to remember where they were a decade ago.

Why Pending Home Sales Continue to Decline

According to the National Association of Realtors (NAR), pending home sales declined for the fourth consecutive month in September, which the trade group says is due to higher mortgage interest rates and higher home prices, which have curbed buying

Ray Nicolas, Real Estate Broker, Baird & Warner, Glen Ellyn

Polished and current.

Residential Construction in Chicago Skyrockets 74% in September

September was a VERY positive month for Chicago’s residential construction sector, which saw yearly gains that far outpaced other metro areas. Though residential construction in Chicagoland remains historically low, the area posted the strongest numbers in the nation among

Analysis of Third Quarter Numbers Shows a Mixed Bag of Treats

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), reported today that its analysis of recent transaction data for 2013 uncovered some notable metrics. While it is no secret that this year has produced a remarkable volume of

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