Q: What should I be educating my condo sellers about as it pertains to a potential buyer qualifying for financing? A: One misconception that both condo sellers and buyers have is that they believe the buyer’s credit approval – the

How did existing-home sales look in January? Is Quicken Loans preparing to take the stand in the nation’s highest court? And could Illinois become even more smoke free? We look at the week’s top news (Feb. 20 – Feb.

A new Center for Housing Policy study on housing affordability puts an interesting twist on the endlessly contentious debate of renting and homeownership, looking at the topic not from the perspective of one versus the other, but with the reality

January was a month of contradictory results for single-family home sales, as the U.S. Census Bureau reports that though sales of the properties decreased by 0.9 percent from December, they increased by 3.5 percent from January

What if, at the click of a mouse, you could tell your clients the exact distance from their prospective new home to their work, schools, the train, the grocery store and even the gym? Midwest Real Estate Data announced that

The news cycles have been awash in reports the last six months on the growing demand for rental properties in the U.S., but too often, renting’s success has been presented  as housing’s loss, a creation of the post-2008 market

American writer/journalist and iconic man of male bravado, Ernest Hemingway’s childhood home in Oak Park where he spent a great deal of time on various literary attempts, has been put on the market for $525K. The house, built in

Baird and Warner have announced that they have added two senior sales management professionals to their roster of brokers. Penny Sirott, formerly of Coldwell Banker, and Richard Murawski, from Koeing & Strey, specialize in real estate in the Chicagoland

Acting Federal Housing Administration Commissioner Carol Galante hinted at further changes in the FHA’s mortgage premium system on Wednesday, referencing revenue models that would complement the recently passed premium hikes for the agency’s

The Architecture Billings Index (ABI), one of the leading economic indicators of future construction activity, reported positive numbers yet again in January, marking the third straight month that the index has been in such territory, according to the most recent press release from

Federal Housing Finance Agency (FHFA) Acting Director Edward DeMarco offered a long-awaited vision for the U.S. mortgage market, sending Congress a new plan detailing a secondary mortgage market without the presence of Fannie Mae or Freddie Mac. In his

Coldwell Banker Residential Brokeragerecognizes Nancy Gibson as top agent of Northbrook for the ninth year in a row, and the fourth highest producing agent within the entire Chicago North Shore region. Gibson has achieved this success through closing 55

Things have been pretty good for builders the last couple months. After two years of sideways growth, construction activity has been charting upward, builder confidence has been rising, and, in the most positive news of all, there have huge increases in multifamily originations,

Year-over-year homes in Illinois increased 16.1 percent in January to 6,435 homes, the strongest showing for the embattled housing market since 2007, according to data released today by the Illinois Association of Realtors (IAR). Loretta Alonzo, the president of IAR,

Existing-home sales rose by 4.3 percent from December to January, marking the third time in the last four months that the key housing measure has shown monthly gains, according to the latest data from the National Association of Realtors

A lawsuit involving lender Quicken Loans began its arguments before the Supreme Court today, with the future of closing fees that lenders charge hanging in the balance. Officially called Freeman v. Quicken Loans Inc., the case originated in 2007, when