News / Features
On the heels of our latest cover story on Related Midwest’s venture in re-launching three failed South Loop residential towers, Curbed Chicago is reporting that construction has resumed for their Waterview project on Clark and Wacker. Located on 111
By Peter Ricci A Freddie Mac repurchase plan, which would involve the GSE essentially forcing lenders to buy back toxic mortgages that it once guaranteed, could net the company as much as $3.4 billion, according to new analysis from the
By Peter Ricci A new Trulia study of the nation’s 100 largest metropolitan markets has come to a staggering conclusions – owning is cheaper than renting in every major metro market in the U.S. by 45 percent, or, $771
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