A racially-themed fair housing lawsuit involving Prudential Rubloff Properties and one of its top agents, Jeffrey Lowe, has been settled, according to a new report from The Chicago Tribune’s Mary Ellen

New-home sales rose slightly in October by 1.3 percent to a seasonally adjusted annual rate of 307,000, according to new data from the Commerce Department released this morning. The data, which represented a 4,000-unit increase from September, beat economists’

Financial institutions insured by the Federal Deposit Insurance Corp. (FDIC) displayed positive gains on lower loan-loss provisions in this year’s third quarterly report; 63 percent of the FDIC’s client banks reported higher earnings, according to FDIC data cited by

According to a survey by Reuters of economists and housing analysts, U.S. home prices will begin to improve in 2013, only after another year of stagnant recovery in 2012.  The survey polled 27 economic analysts between November 17 and

Michael J. Sato, president at Jameson Sotheby’s International Realty, has been charged with shoplifting three designer ties at the Michigan Avenue Bloomingdale’s store on Black Friday, though his attorney says it was a

The Super Committee, the congressional panel charged with cutting $1.2 trillion from the federal budget, failed to meet a deadline this week, casting government budget conflicts and housing-related cuts in further distress. Though the cuts would not be scheduled

Thanksgiving is a time for family, community and scrumptious dining; or, if you’re an agent, a great time to list and sell properties! A new story in The Los Angeles Times by Lauren Beale has spotlighted several agents off the West

The Laramar Group, a Chicago-based investment firm, has made plans to purchase the historic Belden-Stratford building in Lincoln Park from an affiliate of IRMCO Properties & Management Corp. The 16-story, 297-unit complex was purchased for an undisclosed price, but

Housing affordability displayed slight improvements in the third quarter of 2011, with interest rates at their lowest levels and  affordability near the highest levels it has been in over twenty years, according to the National Association of Home Builders

Both Republicans and the Obama administration agree, surprisingly enough, that the government should back off a little from the housing market, according to a Washington Post article by Zachary Goldfarb. But executing the plan is easier said than

U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced the recipients of the 2011 sustainable communities grants. The goal of the grants, which totaled to nearly $96 million this year, is to help communities and

Suburban apartment buildings are filling up as more real estate consumers opt to rent rather than buy, according to a Crain’s article by Alby Gallun. The occupancy rate at suburban multifamily properties went up to 94.3 percent in the

Auctions for penthouse apartments, waterfront mansions and grand country estates traditionally carry the stigma of a ‘last resort’ for desperate sellers or banks trying to get rid of foreclosed properties. The upkeep of homes $10 million and above can

Freddie Mac released its Economic and Housing Outlook report for November 2011 yesterday, and according to the report, the country is right in the midst of the most affordable home-buying market in decades, though recent home sales don’t reflect

Kevin Rocio, multi-family real estate specialist, has recently joined @properties Commercial Division. Rocio comes to @properites from the Chicago office of Marcus & Millichap where he served as an associate specializing in multi-family investment

Orland Park real estate professional Richard Deal has recently joined the Keller Williams Preferred Realty Market Center. The Market Center is on LaGrange Road in Orland