News / Features

New Plans for the NAREB Dearborn Chapter

Gerald McQuirter is the second vice president of the National Association of Real Estate Brokers (NAREB), local chapter, Dearborn Realtist in Chicago. He is making innovative changes to what a real estate board does for its members. He has

Who are Chicagoland’s Top 10 Homebuilders in 2013?

2013 has been a very good year for Chicagoland homebuilders, but so far this year, what builders have stood ahead of the pack? As we reported a couple of weeks ago, 2013 has, thus far, been a very encouraging

Weichert To Change Offices

Weichert Realtors has moved its office from 905 N. Main, Naperville to the Dynacom Center I, located at 1952 McDowell Rd in Naperville, owned and operated by DynaCom Management, Inc., according to a recent Chicago Tribune Article. Weichert Realtors, Kingsland

Census Bureau: Housing Starts Up Nearly 21 Percent in July

Residential construction posted great numbers in July, with housing starts, building permits and housing completions all in positive territory. July was a sterling month for residential construction, with all measured tracked by the Census Bureau posting positive numbers for

4 Reasons that Home Price Growth Will Slow Down

The rapid rise in home prices has been one of 2013’s major economic stories, but there’s mounting evidence that those increases will slow down – and soon. If there’s been a poster child for the housing recovery, it’s been

Builder Confidence in August at Highest Point in Nearly 8 Years

Builder confidence continued its upward trend in August, rising to its highest mark since 2005. August has proven another sterling month for homebuilders, with the National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder

Plans For New Condo High Rise Might Signal Market Upswing

Possibly symbolizing an increase in the sale of downtown high-rise condos, Chicago-based CMK Cos. is considering the development of a 16-story, 150-unit condo building in the South Loop, according to a Crain’s Business Chicago article published online Aug. 12.

Where in Chicagoland Have Foreclosure Filings Fallen the Most?

All of Chicagoland saw foreclosure filings plummet in 2013’s first half, though some areas improved more than others. Chicagoland’s mortgage markets put up some encouraging numbers in 2013’s first half, with foreclosure filings for the six-county region falling more

Housing Inventory in Chicago Down 26.2 Percent in July

Housing inventory in Chicago was down by double-digit amounts in July; how do those declines compare with the rest of the nation? Housing inventory in July may have been down 26.2 percent year-over-year in Chicago and 16.2 percent nationally,

Decrease in Mortgage Delinquencies Lead to Improving Housing Market

Percentage of mortgage delinquencies hits a five-year low The percentage of mortgage delinquencies is at a five-year low for the second quarter, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. Mortgage delinquencies on one-to-four-unit residential properties decreased

How Healthy Are Chicagoland’s Mortgage Markets?

The second quarter proved a boisterously good period for the nation’s mortgage markets, but did all that good cheer extend to our local marketplace? Last week, we reported on the latest National Delinquency Survey from the Mortgage Bankers Association,

Three Coldwell Banker Offices Pull Together For Ronald McDonald House Charities

The Coldwell Banker Residential Brokerage offices of Elmhurst, Clarendon Hills, and Hinsdale will once again participate in the Ronald McDonald House Charities of Chicagoland and Northwest Indiana’s Annual Pulling for the House fundraiser on Saturday, August 17 at the

Rachel Bailey, Jane Shawkey, Nicholas Myers and Candace Taylor Join Coldwell Banker

Coldwell Banker Residential Brokerage is pleased to announce that Rachel Bailey and Jane Shawkey have joined their Gold Coast office. They will be marketing the condominium units at The Ritz-Carlton Residences on Michigan Avenue through the Coldwell Banker Previews

Trulia Confronts ‘End of Suburbia’ Meme with New Study

One of the more common housing memes, as of late, has been the end of suburbia: that because of the housing boom, and all the rampant suburban speculation that drove it, prospective homebuyers are opting for smaller units in

Freddie Mac/Fannie Mae Post Huge Q2 Incomes – Casts Doubts on Reform?

The second quarter was a spectacular one for Freddie and Freddie, but are such successes problematic for the government’s reform efforts? Fannie Mae and Freddie Mac had mighty good second quarters – not only did the GSEs post respective

Baird & Warner Names New Director of Career Services

Christine Davis has been named Baird & Warner’s director of career services, working with broker associates across Chicagoland to advance their careers within the brokerage. A top producing agent for 17 years, Davis has spent the last eight years

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