Sales of investment and vacation homes skyrocketed in 2011, with the combined market share jumping to its highest level since 2005, according to the 2012 Investment and Vacation Home Buyers Survey from the National Association of Realtors. That survey found that,

At our Top Producers event this year, we asked top producers in attendance how they felt the election would affect housing. Find out what they had to

An interesting nugget of information on contract failures, was tucked away in the National Association of Realtor’s latest press release on existing-home sales. Amidst the details on sales (which were down 0.9 percent monthly but up 8.8 percent year, in case

All week, we’ve been reporting on the different dimensions of the housing recovery. From housing’s relationship with the greater economic progression of 2012, to positive projections from Frank Nothaft, Freddie Mac’s chief economist, to the continually high interest from Americans

Less than two years after winning her own Sotheby’s franchise as part of a lawsuit settlement, Karina Caulfield has shut down her Lakeview residential real estate office to join forces with Conlon: A Real Estate

New legislation proposed in the House of Representatives would extend the Mortgage Debt Relief Act of 2007, a federal provision that allows taxpayers to exclude from their income the debt reductions that resulted from mortgage restructuring or foreclosure settlements.

Fannie Mae and Freddie Mac last week finally integrated HARP 2.0 into their automation systems, and though refinancings are expected to increase dramatically, they could come with some strings attached that previous refinancings did not

It’s long been one of the ultimate truisms in real estate that a robust economy, and all the positive employment and investment numbers that accompany it, is the finest contributor to a growing housing market, and agents, investors and

Freddie Mac Chief Economist Frank Nothaft is predicting a reawakening, of sorts, for the housing market in his March 2012 Economic Outlook in a fashion that could read like a sequel to “Sleeping Beauty.” Analyzing economic growth, construction data and

Toll Brothers has joined the league of revitalized builders, including Lennar and Hovnanian, if comments from the luxury builder’s CEO are any indication. In an interview with CNBC, CEO Douglas Yearley said his company has been experiencing some of

Foreclosures launched by Office of the Comptroller of the Currency (OCC)-registered banks and servicers fell by 16 percent in the fourth quarter and by 17.9 percent year-over-year, according to the latest data from the agency, capping off an entire

Chicago Bulls guard Derrick Rose recently purchased a luxury condominium downtown at the Trump International Hotel and Tower, and he was represented by Matt Silver of Urban Real Estate. Silver believes that the purchase shows that Rose is dedicated

Standard & Poor’s released the latest Case-Shiller Indices yesterday, and as has been the trend the last few months, the research firm reported declines in price, specifically a 3.9 percent year-over-year drop in the 20-City Composite, which measures home

Chicago luxury homebuilding firm, Environs Development, was honored with six Best in American Living Awards (BALA)  at the 2012 International Home Builders Show held in Orlando, Fla. Founded in 1991, Environs Development is a full-service firm that specializes in architecture,

Despite economic strife and continued difficulties in the housing market, Americans continue to see homeownership as preferable to renting, according to Fannie Mae’s latest National Housing Survey. A study involving 3,000 Americans that focuses on the state of homeownership aspirations in

Midwest Real Estate Data (MRED), the Chicagoland multiple listing service (MLS), is pleased to announce that its Technical Help Desk has been identified as one of the top 20 call centers in the United States and Canada by BenchmarkPortal.