News / Features

Top 10 Cover Stories of 2011

Throughout the year, we published cover stories on a wide range of topics, but what issues proved most popular with our online audience? Was it our profile of spring’s new construction? Our field guide to fixing the industry? Or

Competing Price Indices Anticipate Case-Shiller Decline

Standard & Poor’s will release the latest batch of Case-Shiller Home Price Indices next Tuesday, and several of the other competing price indices have some analysts projecting the second negative month in a row for the Case-Shiller, which remains

Starting Monday: A Week of Chicago Agent Top 10s

It’s been quite a year in real estate, and as we approach 2012, we want to use our final week of production to commemorate some of the most popular content on our website in

Affordability and Refinancing Remain Paths of Opportunity

Unprecedented, historic, monumental – lots of big adjectives are thrown around about housing today, but a new piece by John Gittelsohn in Business Week highlights a couple of the unique opportunities in today’s market. Affordability is a main feature of today’s market,

New-Home Sales Increase Slightly in November

New single-family home sales in November rose 1.6 percent from October, a seven-month high that still continues a 19-month trend of mostly sideways growth at a low level. According to new data jointly released by the U.S. Census Bureau and

ABI Hits First Positive Territory in Three Months

After a nearly three-point jump in October, the Architecture Billings Index, a forward-thinking measure of future construction activity, increased by 2.6 in November to 52.0, the first positive level for the index since August. Additionally, the new projects inquiry, a

Multifamily Housing to Recover Strongly in 2012

Multifamily housing has been in the news quite a bit the last couple months, as analysts have pointed to the sector as one of the few bright spots in construction, if not the entire housing market, in recent months.

Inventories the Main Takeaway from NAR Revisions

As promised, the National Association of Realtors (NAR) released its revised totals yesterday on existing-home sales, and the “meaningful” changes the association had foretold came out to a 14.6 percent downward revision for 2010’s existing-home sales and a 14.3

Huge HARP 2.0 Restriction Lifted by Fannie

One of the key provisions to the HARP 2.0 revisions was eliminating the LTV ratio limits that restricted a huge swath of underwater homeowners from refinancing their mortgages; it would appear that Fannie Mae has taken it one step

Rita Kerins Joins Coldwell Banker’s Lincoln Park Plaza Office

Rita Kerins has recently joined the Lincoln Park Plaza office of Coldwell Banker Residential Brokerage, expanding the existing sales team of over 200 agents. The announcement was made by Chuck Goro, branch manager of Coldwell Banker Residential

CFPB Law Risks Further Foreclosure Backlog

Foreclosures, on average, take a long, long time to complete in the U.S. In fact, according to the latest data from Lending Processing Services, it takes an average of 631 days to foreclose on a property, and if current

Illinois & Chicago Toast Thanksgiving with Strong Home Sales

Year-over-year home sales in Illinois rose by 14.2 percent in November, while sales in the city of Chicago were up by 20.4 percent, yet more indicators that the state’s real estate market may be emerging from the tough market

Two-Flat Sales in Lakeview Lead the Day

Sales in Lakeview of two-flat properties are poised to finish strong in 2011, if new data from The Chicago Real Estate Local is any indication. Overall, 38 two-flats have closed in Lakeview in 2011, an increase in sales of

MRED’s Bergeron “Three-Peats” Inman News Honor Roll

Inman New named Russ Bergeron, chief executive officer of Midwest Real Estate Data LLC (MRED), as one of the 100 most influential real estate leaders of 2011 in its Inman 100 list. This marks the third year in a

Fannie Projects Strong Economic Finish for 2011

A new economic report from the Fannie Mae Economics & Mortgage Market Analysis Group states that the U.S. economy is poised to finish the year strongly, though 2012 may prove to be a tricky year. According to the report, the

Housing Construction Posts Big Gains in November

Residential housing construction posted some of the most promising gains of the year in the latest joint report from the U.S. Census Bureau and the Department of Housing and Urban Development. Data was especially strong for housing starts, which

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