Chairman and CEO of The Federal Savings Bank Steve Calk has announced that the bank has received a $4 million grant from the City of Chicago’s TIFWorks program. Calk made the announcement alongside Chicago Mayor Rahm Emanuel at a

Lessening underwriting standards are the great white whale in housing’s recovery, and the 2012 Survey of Credit Underwriting Practices from the Office of the Comptroller of the Currency (OCC) is making some suggestions that the tide may be turning for home

Q. Are Banks Getting Tougher or Easier with Lending Guidelines? A. We have plenty of options for all types of buyers. We have loan programs that are specifically designed for buyers ranging from inexperienced first-time homebuyers to seasoned homeowners who have

Pat Wargowski, vice president and branch manager for Koenig & Strey Real Living’s Elmhurst office has announced the brokerage’s sales and listing leaders for May in an issued press release. The top team Sales Leaders went to The Gracik

Looking to join Sotheby’s International Realty in the iPad App game, Prudential Rubloff Properties has expanded their Prudential Rubloff Mobile application for buyers and agents alike who use the tablet in their house hunting process. The app, released on

Related Midwest has just announced it has entered into a partnership to re-launch three newly-constructed (and previously failed) downtown residential towers located in the South Loop. Related will be leading the marketing and sales efforts for 1201 South Prairie

Sales for home sites are underway for luxury country club community Sand Creek, as its developers Blueprint Realty Partners, LLC are currently building homes for the community’s fourth and fifth phases. The Chesterton, Ind. community has already sold 80

Robert J. Shiller is more than just a highly-respected professor of economist at Yale – he’s the co-creator of the Case-Shiller Home Price Indices, one of the most influential readings available on the U.S. housing market. Therefore, it makes

Prepping a property for potential buyers is a multi-tiered process, one that involves a number of steps across a number of different mediums. From writing the initial Internet listing to scrubbing the home’s interiors and exteriors for showings, a

Homeownership is often seen as the ultimate realization of the “American Dream.” Though the emotions behind that sentiment are still running strong, a recent report suggests that consumer spending habits may have different priorities, and that other big purchases now take precedent over

In case you’re late to the party, allow us to bring you up to speed – various sources are saying housing is inching towards recovery. Existing-home sales were up 9.6 percent last month, new home sales 19.8 percent, and

The National Association of Realtors’ Pending Home Sale Index bounced back to positive territory in May, rising 5.9 percent to its highest level in two years. With a reading of 101.1, the index is 13.3 percent higher than a

Prudential Rubloff Properties announced late last week that May 2012 was a record month for the firm, with closed volume increasing 17.15 percent year-over-year and closed units by 26 percent. Excluding June 2010, when expiring tax credits were an

Thaddeus Wong, co-founder of Chicago real estate firm @properties, was recently awarded with Loyola University Chicago’s Damen Award. The award, given to alumni for their professional achievements, and service and leadership in the community, is named after Loyola University

Darlene Little, branch manager for Koenig & Strey Real Living, has announced the addition of broker Maureen Gallagher to their sales team, according to an issued press release. Gallagher will join the Koenig & Strey Real Living family in

Realtor Barbara Kleban has been promoted to the position of Co-Managing Broker of Coldwell Banker Residential Brokerage’s two Evanston-based offices, according to a June 19 press release. The announcement comes from several of Coldwell Banker Residential Brokerage’s dignitaries including