Spring was a good season for Illinois real estate, with April showers also contributing to a 25.3 percent of home sales. Illinois home sales increased 25.3 percent over previous-year levels in April, and the market looks to be in

Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is

Rents for Downtown Chicago apartments hit a new high in 2013’s first quarter, though market trends suggest that such highs are only temporary. Rents in Chicago’s downtown market outdid themselves again in 2013’s first quarter, with the price per

Michael Pierson and Chris Eigel, principals of the prestigious Chicago-area real estate firm Prudential Rubloff Properties, have appointed Taylor Lindstrom to the position of managing broker of the firm’s Winnetka office located at 850 Green Bay Road. “We welcome

Frank DeNovi, a sales associate with Coldwell Banker Residential Brokerage, has been installed on the board of directors for The National Association of Hispanic Real Estate Professionals Chicago Chapter. The installation dinner was held on May 16, 2013 at

Point2 Joins with MLS Industry Heavyweights for Major Event Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that Point2 is sponsoring and attending MREDpalooza as a ZAP! level Sponsor. Point2 provides real estate marketing and

The housing market cannot truly recover without a healthy mortgage market, but new research from LPS shines an optimistic light on the topic. Homes sales are up, inventory has stabilized, and by many accounts, new construction it putting up

The sales of ultra-luxury homes in Chicago were down in the first quarter, according to Chicago Metro Area Real Estate. Only five homes in the three million  dollars or more category were sold in Q1, which is down from the

Coldwell Banker Residential Brokerage recently announced that Realtor Georgeann Weisman has joined their Flossmoor office. Weisman brings a bachelor of arts degree in management from Columbia College as well as seven years of real estate experience to Coldwell Banker.

The Obama administration’s foreclosure mitigation programs provided relief to millions of distressed borrowers recovering from the housing market over the past four years. The Making Home Affordable Program has assisted nearly 1.6 million homeowners since its inception in 2009,

One of the biggest challenges of launching a new business is finding like minds to hire that will help take your company to the next level, and startups are constantly forced to make these decisions, not only in the

Q: Is there any way I can assist with expediting the financing process for my client? A: To make the mortgage lending process move as quickly as possible, first and foremost, direct your client to a lender that you trust,

The Census Bureau’s latest new construction numbers were a topsy turvy bunch, with housing starts plunging but building permits soaring. If the Census Bureau’s latest numbers are any indicator, April was a wild month for new housing construction in

There are some initiatives underway to bring more affordable housing to Chicago’s North Shore communities, but do they stand a chance of succeeding? Chicago’s North Shore has long been a bastion of upper-class living, but efforts are underway to

What income is necessary to afford the typical house in Chicago? And how do those requirements compare with other major metro areas? “Housing affordability” is a term that gets thrown around quite a bit nowadays, and for good reason;

The site of the stalled Chicago Spire condominium property shows promise of coming back to life, receiving several bids from developers. As the housing market recovers, developers are placing bids on the site of the former Chicago Spire condominium