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

Veteran financial analyst Jeremy Oremland has joined Magellan Development Group in the newly created position of financial analyst. In this position Oremland will be responsible for evaluating residential, retail, and mixed-use development opportunities

According to new data from the Mortgage Bankers Association, Federal Housing Administration loans in the Chicagoland area fell dramatically last year as more homeowners opted to refinance their homes. As reported by  Mary E. Morrison of Chicago Real Estate

Fannie Mae has recently announced its decision to suspend evictions of single-family and two- to four-unit properties from December 19 to January 2,

Chicago residential real estate company Triview Property and Investments has just appointed Paul Pekofske to the position of managing broker. While serving in this position, Pekofske will be responsible for agents’ compliance with Illinois License Law as well as

A recent post by UrbanTurf writer Erin Calandriello revealed former Governor Rod Blagojevich reduced the asking price of his Ravenswood manor to