Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service, announced that the new MREDLLC.com has been successfully launched and is enjoying a great reception from MRED real estate

By Peter Ricci Federal Open Market Committee, the Federal Reserve committee responsible for overseeing interest rates and money supply in the United States, made it official today – the Fed will be pursuing a new policy of economic stimulus,

By Carlo Calma The city of Chicago is staying true to its title as the third largest U.S. city – it has been listed among America’s most popular cities to move to, according to United Van Lines. The St.

By Stephanie Sims Zillow sued Trulia yesterday, alleging that Trulia infringed on its patented technology that valuates properties. This patent, called “Zestimates,” is particularly known on Zillow launching “Trulia Estimates” for public

By Natalie Terchek Debbie Maue, an agent with Jameson Sotheby’s International Realty, will receive a community service award tonight at the Chicago Association of Realtor’s Inaugural Gala. Maue is actively involved with several service organizations, but the award tonight

By Peter Ricci Negative equity mortgages declined in the second quarter, falling from 11.4 million properties to 10.8 million, according to the latest data from CoreLogic. Additionally, 1.8 million borrowers are only 5 percent underwater on their mortgages, and

With the U.S. Census Bureau reporting an increase of more than 25 percent in new housing permits in the first half of 2012 (as compared to 2011), Prospect Mortgage has announced a new platform to finance new single-family homes

By Peter Ricci Two Democrats in the Senate have reintroduced an ambitious bill that would extend refinancing to more than 13 million borrowers through an expansion of the Home Affordable Refinance Program (HARP). The bill, which is being proposed

Midwest Real Estate Data, the Chicagoland multiple listing service, has announced a new partnership that offers its real estate professionals a solution to connect with potential clients through

By Peter Ricci More than a month ago, we asked why housing, despite its overwhelming importance to the U.S. economy, was not coming up on the presidential campaign trail, and now that the conventions have come and gone –

Though home closings dropped in August, stats still show the market may be strengthening. Redfin conducted its Real-Time Demand Pulse, its monthly analysis of customers touring homes and offers being made in 18 markets across the U.S., and found

By Peter Ricci Baby boomer housing needs are a common topic here on Chicago Agent, and for good reason – a recent national survey by Coldwell Banker found that 87 percent of its agents reported having at least one baby

By Stephanie Sims The Ritz-Carlton Residences are almost finished, but a legal battle could prevent residents from moving in. Chicago-based Prism Development Co., the developer of the 89-unit condominium tower, and Terra Foundation for American Art, which owns the

By Peter Ricci The Fannie Mae National Housing Survey for August showed a persistent level of optimism in American consumers for the housing market, despite contrary attitudes for the job market and the greater U.S. economy. Overall, respondents to

The National Association of Home Builder’s (NAHB) Multifamily Production Index increased yet again in the second quarter of 2012, rising to 54 from 51 in the first quarter. A leading measure of builder and developer sentiment on the apartment

By Peter Ricci It was just a couple weeks ago that we looked at the multifamily housing boom and how dense urban environments were not going anywhere, and now, an academic has struck upon a catchy term to better