Related Midwest, which is redeveloping three buildings in the former Museum Campus neighborhood currently, announced it will launch its own brokerage. The new firm, Related Realty, is expected to launch by early next month and will compete with other

A local real estate firm has announced a buy out and expansion to better serve their growing client base. The Prudential office in downtown Barrington is now Prudential Visions Realty. Broker/Owner Jen Ortman has broken her office off from the Prudential

The CoreLogic Home Price Index put up its best numbers in nearly seven years in January, with national home prices rising 9.7 percent year-over-year. That’s the 11th consecutive month of of home price increases, and the largest yearly increase

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced that support for MREDpalooza, the real estate tech expo event of 2013, has already started flowing in. Product vendors and service providers are seizing the opportunity to participate

After issuing sweeping judgements on mortgage lending, mortgage servicers and appraisals, the Consumer Financial Protection Bureau (CFPB) has set its sights on another controversial aspect of the homebuying and selling process: the highly lucrative private student loans

The market definitely wasn’t like this a year ago. Have the tables turned, and is Chicago’s market now a seller’s

Unless you’ve been hiding in some remote rainforest for the last few years, you’ve probably heard of “The Cloud.” You might not know what that really means, so here’s a quick rundown. “The Cloud” refers to any online service

Trulia today announced the very first partnership in its Shared Success Program with one of the largest MLSs in the country, Midwest Real Estate Data (MRED). Trulia’s Shared Success Program is designed to help MLSs accelerate their customers’ success through

Every other day, it seems, more information trickles out showing that the real estate markets are on a slow, yet steady, path to recovery, and Lender Processing Services (LPS) has contributed to that trend with its latest data on

Asking prices in February rose 7.0 percent in the Trulia Price Monitor, as the increasing demand in the U.S. housing market continued to push asking prices higher. From January to February, asking prices rose 1.4 percent, and prices are

Well, it finally happened. After six years of jaw-dropping losses, many of them in the tens of billions of dollars, embattled GSE Freddie Mac has emerged victorious in 2012, riding the wave of the housing recovery and reporting its

The foreclosure markets showed definite signs of improvement in the RealtyTrac U.S. Foreclosure & Short Sales Report, which studied distressed property sales in 2012. Altogether, there were 947,995 distressed property sales in 2012, which is down 6 percent from 2011

It’s no secret that the United States is going through a rough economic patch right now. However, the nation’s housing market recovery is a sign that the economy is slowly improving and rebounding from the

Residential construction spending was flat in January, though overall construction spending remained above where it was a year ago, according to the latest analysis from the U.S. Census Bureau of the Department of

A progress report by independent monitor Joseph A. Smith of the Office of Mortgage Settlement Oversight revealed that the nation’s largest mortgage servicers distributed $45.83 billion in direct relief to over 550,000 homeowners, or roughly $82,000 per homeowner as

Although the economy seems to be transitioning to a slightly stronger growth path, unresolved fiscal policy decisions pose significant headwinds in early 2013, according to the Fannie Mae (FNMA/OTC) Economic & Strategic Research