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.

The principal reduction, and whether the GSEs will embrace it as a central policy for aiding distressed borrowers, is undoubtedly among the most contentious issues facing housing right now, as Acting FHFA Director Ed DeMarco has resisted repeated calls

Home values in Chicago declined again in Standard & Poor’s latest Case-Shiller report, falling 1.9 percent from December to January and 6.6 percent from January 2011, reaching new post-bubble

Michael Parent, Coldwell Banker Residential Brokerage broker/branch manager in St. Charles, has been appointed as president elect of the Mainstreet Organization of Realtors (MORe), the fourth largest association of Realtors in the U.S. with more than 14,000 members in

Governor Pat Quinn stressed affordability and housing aid in comments at the Illinois Association of Realtors Conference in Springfield earlier today, emphasizing his administration’s commitment to homeownership opportunities and foreclosure assistance programs. “Creating affordable and secure homeownership programs not

The National Association of Realtors’ (NAR) Pending Home Sales Index increased from 88.4 in February 2011 to 96.5 in February of this year, an uptick that suggests some of the strongest existing-home sales in years. A leading indicator for

Investors say they are  “cautiously optimistic,” about the housing market as home builder stocks have hit their highest point in two years after a six month rising period. According to an article by the New York Times, the market

By Amber Statler-Matthews The top kitchen trends for this year are more choices with kitchen design and accessories, clean and contemporary design, energy efficiency, technology and new materials. “How central the kitchen has become in our lives and our

By Stephanie Sims Buyers can’t always visualize themselves living in newly constructed spaces. Often, buyers are looking at completely bare spaces, not even a model unit. But model units, decorated to appeal to the targeted buyer, can make a

Not all new construction gets listed in Midwest Real Estate Data (MRED), but according to LeapRE, 0.9 percent of the listings in MRED in 2011 are new construction listings, and 41.9 percent of those have sold or gone under

By Peter Ricci Economic analysis is among the more unforgiving fields of study in the wide world of

Koenig & Strey made considerable waves on March 21 when it announced that it would implement a new fee-based system for buyers and renters starting April 2, a first for a major Chicago-area

A recent study shows that new homebuyers are finding small living spaces in urban areas more attractive than in previous years. According to an article by Housing Wire the Urban Land Institute of North Texas’ executive vice president of policy