The Federal Housing Administration (FHA) stated on Friday that it would need approximately $1.7 billion in Treasury funds for the 2013 fiscal year, though there are some intriguing caveats to the nature of the bailout funds. This is the

A government shutdown is looming in Washington, and should one occur, it could have wide-ranging effects on the nation’s economy – including housing. Well, it’s that time again. As you’ve surely seen in the headlines, political gridlock has once

August was a great month for Chicagoland real estate, but what suburbs and neighborhoods stood out from the pack? As we reported last week, August was a sterling month of real estate for the nine-county Chicagoland area, with home

New home sales performed better than expected in August; what does that indicate about the housing recovery? New single-family home sales defied expectations in August, posting both monthly and yearly increases in the latest report from the U.S. Census Bureau

New-home sizes hit new highs in 2012, and many saw it as a return of the McMansion; new data, though, suggests that’s not quite accurate. The news was a shot to heart of any small-home enthusiast: after falling gradually

The residential mortgage marketplace has come a very long way since 2008; how healthy though, truly, is that marketplace? On the surface, the news is highly encouraging: according to new data compiled by the Federal Reserve, banks handed out

  Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), reported that the American Council for an Energy-Efficient Economy (ACEEE) has ranked America’s 34 largest cities on energy efficiency in five key areas. Chicago’s score resulted in it being ranked

Beginning in 2009, @properties ventured north, establishing offices in Evanston, Winnetka and Highland Park. To further assist its push into the north and northwest suburbs, the firm recently named broker Lisa Cokefair vice president of brokerage services. Cokefair, previously

Chicago’s rental market has been slammin’ jammin’ the last few years, but what buildings have risen to the top with the highest rents? According to new research by Appraisal Research Counselors, the most expensive apartment buildings in Chicago command

Luxury homebuyers are a unique brand of consumer – what sentiments are most prevalent when they are searching for homes? Any real estate agent will tell you that the luxury homebuyer is a unique brand of consumer, one with

Chicago home prices in the latest Case-Shiller posted both monthly and yearly increases, with the city’s monthly increases showing particular gusto. July was a very positive month for Chicago home prices, with the city posting the strongest monthly gain in

Related Midwest and Lend Lease raised more than $300,000 at their annual charity golf classic on Thursday, Sept. 18, which will go directly to two children’s charities. This was the 10th annual charity golf classic, which takes place each

Home prices have risen and mortgage rates have shot up by more than a percentage point – is it still cheaper to buy than rent in the Windy City? The housing market of 2009, 2010 and 2011 was a

As the housing sector finally catches a break and begins showing steady signs of improvement, the industry is admittedly sensitive to any negative signs, prepared for the slow but blossoming recovery to end with no warning and for the

Minority groups continue to struggle on the road to recovery from the foreclosure crisis, with homeownership rates significantly behind whites. Although the Hispanic community recorded an increase of new homeowners in 2012 – and the amount dipped for the black and

Existing-home sales defied expectations in August, posting both monthly and yearly increases. Existing-home sales in August reached their highest mark in six-and-a-half-years, rising 1.7 percent from July and 13.2 percent from August 2012 to a seasonally adjusted annual rate