By Peter Ricci Pending home sales rose year-over-year for the 14th consecutive month in June, according to the latest Pending Home Sales Index from the National Association of Realtors. A forward-looking index based on contract signings, the Pending Home Sales

By Ian McKendry The official website of the National Association of Realtors, Realtors.com is undergoing a gradual makeover aimed at making the website easier to use and more aesthetically

By Peter Ricci New residential single-family home sales were up 15.1 percent in June year-over-year, according to the latest data from the U.S. Census Bureau. The increase comes a week after existing-home sales rose 7.9 percent from the year

By Peter Ricci Every week, it seems new analysts and business firms jump on the housing recovery bandwagon, calling the bottom for the embattled industry and looking forward to a brighter future. As housing moves forward, though, there are

By Carlo Calma As part of its continued efforts to expand in the metropolitan Chicago real estate market, RE/MAX Northern Illinois has announced its intention of establishing a new franchise in Lake Forest according to a press release. The

If you can’t buy it, rent it. That might be an appropriate slogan for recent proposed ordinance in Chicago that aims to put renters in buildings going through foreclosure. Chicago aldermen are expected to introduce an ordinance today that

By Stephanie Sims Did AMC’s Hell on Wheels not get picked up for another season? Because one of its stars, and successful rapper, Common, is facing foreclosure on his Chicago condo. Several reports, including one from Crain’s, say that

Zillow joined the fray of optimism that has swept over real estate analysis the past few weeks with its latest Real Estate Market Report, stating that not only did housing values bottom in February of this year, but they

By Peter Ricci As everyone has probably heard by now, existing-home sales were a bit tepid in June, falling 5.4 percent from May according to the latest data from the National Association of Realtors. The reason for the decline

Zeke Morris has begun his presidency of the Chicago Association of Realtors (CAR) a couple months early, replacing former president Bob Floss with the support of the association’s board of directors. Morris, the operating principal and managing broker for

By Peter Ricci Chicago mortgage company Guaranteed Rate has filed a lawsuit against developer Warren Barr for a multi-million dollar mortgage fraud. The lawsuit, according to a Crain’s report, alleges that in late 2007, Barr and others responsible for

By Ian McKendry If you wanted access to MLS data on your iPhone, Movoto Real Estate has an app for that. Movoto is a licensed brokerage service with a high-tech website that lets users use different search criteria to

By Peter Ricci It’s no mystery to anyone that follows the U.S. real estate market that foreign buyers are a major force. In the last year alone, international residential sales were $82.5 billion, a 24 percent increase from the

By Stephanie Sims Since The Dark Knight Rises opened Friday in theaters, we thought this infographic from Movoto about how much Batman’s home would be worth in today’s market was

By Stephanie Sims With its recent announcement that it would stop wholesale lending, Wells Fargo has yet another announcement: the company will also start cutting its Realtor joint ventures that engage in mortgage banking activities due to regulation changes.

Co-founders of Chicago-based real estate firm @properties Thaddeus Wong and Michael Golden have announced the addition of their new office in Highland Park in an issued press release. The new office, located at 607 Central Avenue, will serve Highland