News / Features
Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service, announced that December 2012 figures indicate the volume of properties for sale on Dec. 31, 2012 was at about 50 percent of that for 2010, with the number of for-sale
The Consumer Financial Protection Bureau (CFPB) can be called many things, but lazy isn’t one of them. After announcing new standards for residential mortgages and regulations for mortgage servicers, the agency was back at it again late last week,
In an effort to manage its overwhelming supply of vacant and abandoned properties, the Cook County Board of Commissioners unanimously passed an ordinance to create a “land bank” to manage and repurpose the properties. The largest such land bank
Is winter the new spring when it comes to real estate? Typically, homeowners don’t list their homes until warmer weather because historically, more homebuyers buy in the spring and summer. But that’s not always the case – we outlined
Riding the wave of increasing home prices, approximately 100,000 borrowers were lifted out of negative equity in the third quarter of 2012, according to the latest analysis of mortgages by CoreLogic. From January to September 2012, 1.4 million borrowers
The surging residential rental market – and the uptick in multifamily construction that has accompanied it – has been one of, if not the biggest outcomes of the post-boom housing market, and according to recent data pulled from Census Bureau’s “Quarterly
The Internet is a broad, multifaceted medium, one with many uses; however, its most impressive feature, arguably, is that of Internet video, and the way that Web users can stream video free-of-charge to millions upon millions of
Just a week after releasing new standards for residential mortgages, the Consumer Financial Protection Bureau (CFPB) is at it again this week, releasing the first nationwide standards for mortgage
The U.S. housing market ended 2012 on solid footing in the Redfin Real-Time Price Tracker, with home prices, housing inventory and home sales all improving over 2011. A monthly measure of the housing market’s key fundamentals, the Real-Time Price Tracker tracks
Heavy price reductions were one of the ugliest side effects of the housing downturn, but a new study by Trulia suggest that price reductions may be happening with fewer frequency as the housing market
A Cook County Circuit Court judge has sided with Prism Development, the Chicago-based developer behind the embattled Ritz-Carlton Residences on North Michigan Avenue, in a legal squabble with the Metropolitan Water Reclamation District of Greater Chicago that clears up
Housing starts soared in December, climbing 12.1 percent from November and 36.9 percent from December 2011 to a seasonally adjusted annual rate of 954,000, according to the latest numbers from the U.S. Census Bureau and the Department of Housing and
The first two parts to our continuing series on “Google Real Estate” dealt with Internet search behaviors from consumers, and all the data we cited in those articles dealt with an increasingly antiquated assumption – that Web browsers cruise
Builder confidence in the newly built, single-family homes market held firm in January, remaining at a level of 47 in the NAHB’s Housing Market Index, the industry’s leading measure of builder confidence. That’s the eighth consecutive month of gains for the
The national foreclosure inventory declined by 10 percent from September to November and mortgage origination remains strong, according to the November Mortgage Monitor from Lender Processing Services
Turns out, girls just wanna…count the homeless. The U.S. Department of Housing and Urban Development is partnering with ’80s pop icon and Grammy Award-winner Cyndi Lauper to determine the size and characteristics of the country’s homeless population in its