The recipients of the 2011 Department of Housing and Urban Development (HUD)’s Sustainable Communities Grants were recently announced by HUD Secretary Shaun Donovan. Oak Park and the West Cook County Housing Collaborative received the Sustainable Communities Challenge grant, which

A developer has proposed a 17-story rental and retail complex in Lakeview, but some locals aren’t thrilled about bringing a project of that size into the neighborhood, according to a recent Chicago Sun-Times article by David

It’s tough for small community banks – though they had little to no impact on the financial crisis and steered clear of many of the exotic options that have troubled housing since 2007, many are facing an increasingly difficult

Demolition has just begun on the apartment complex at Chicago Avenue and Kedzie in Evanston. The developers have estimated that the units will be ready for residents around Spring

Principals Michael Pierson and Chris Eigel of Prudential Rubloff Properties were pleased to announce that Dan Saunders, founder of New Buffalo Vacation Rentals, is joining Prudential Rubloff as manager of Rubloff Rentals, the firm’s newest division in New Buffalo,

Real estate website HomeGain recently surveyed Realtors on a number of economic topics, and though most of the questions dealt with prices and home values, a question on political support yielded interesting results, according to a HousingWire piece on

The short sale process is a notoriously difficult affair, one that can take months to square away as agents bicker with banks and other financiers on an appropriate selling price for the foreclosure-prone property. But according to recent reports

What originally began as a mere economic analysis by a University of Pennsylvania professor has quickly developed into an all-out inquiry into the financial solvency of the Federal Housing Administration (FHA), one culminating in testimonies and audits that put

The Wall Street Journal‘s third-quarter survey of housing-market conditions showed that home prices have fallen so far that the monthly cost of owning a home is at the most affordable it’s been in 15 years. Additionally, as rental rates

Aldermen gave the green light last week to a new affordable housing development on Evanston’s west side, according to a recent Chicago Tribune article by Jonathan

Only 65.1 percent of U.S. households own homes, which is the lowest amount since 1996. A big reason for that decline, according to a new piece by the Associated Press (AP), is the relative absence of first-time homebuyers, a longtime

By Peter Ricci U.S. cities are reporting little change in prices in the latest Case-Shiller Home Price Indices, the monthly report by Standard & Poor’s (S&P) that is the leading measure of U.S. home prices. The newest report, which

By Peter Ricci The Pending Home Sales Index, a prospective data set compiled monthly by the National Association of Realtors (NAR), increased by 10.4 percent in October, rising from 84.5 in September to 93.3 last month. In addition, the

With decreased volume and shrinking paychecks, even the best offices are having trouble keeping and growing their agent base. Across Chicagoland, only 9.8 percent of offices with more than 10 agents in the fourth quarter of 2010 have managed

Ascend Real Estate Group LLC has constructed plans for a nine-story, 214-unit apartment building with retail space in Chicago’s West Loop. Ascend wants to begin construction by late summer with an estimated completion in

Suburbia has been taking a bit of flack, as of late. The New York Times, as highlighted by NewGeography, ran two op-eds this past weekend proclaiming the decline of suburban living. Urban theorist Chris Leinberger claiming that Americans were abandoning