Development group Golub & Co. has just agreed to pay $6 million for a piece of South Loop property owned by the city of Chicago. The developer plans to build a 35-story apartment tower comprised of 392 apartments in

The federal government’s long-awaited revisions to the Home Affordable Refinance Program, or HARP 2.0 as it’s been called by the press, primarily work through offering underwater homeowners a chance to refinance their loans, but recent agreements between the government

Prestigious real estate firm Prudential Rubloff has just announced the formation of a new foundation within the company: Prudential Rubloff Cares, a philanthropic venture designed to raise money for charitable

The National Association of Realtors (NAR) recently worked alongside policy leaders, industry representatives, congress members and the media in an effort to present ideas and formulate recommendations on a strategy to aid the housing market, create jobs and stimulate

Year-over-year home sales for the Chicagoland area rose 20.2 percent in the third quarter, according to new data from the Illinois Association of Realtors (IAR). Up by more than 3,000 units, the city’s impressive gains were mirrored by Illinois

Mortgage debts took a turn for the better in the third quarter, as Freddie Mac reported that a large amount of refinancing homeowners were able to either maintain or reduce their mortgage debts. In total, 82 percent of homeowners

In a bold move, developer Belgravia Group Ltd. has purchased vacant lots in Lincoln Park with the intention of developing more than a dozen row houses, according to a new report from Crain’s Chicago Real Estate Daily. Located on

We all know housing is tough, right now. Media sources abound with new lows in construction, mortgage filings and existing-home sales. New data from JPMorgan Chase, though, as pinpointed by Investment News’ Jeff Benjamin, suggests that pent-up demand from potential

It’s been the saga of fall, with enough twists and turns to pilot a TV miniseries. First, the ceiling on federal loan limits fell on Oct. 1, ending a three-year expansion that raised the limit for FHA and other

CoreLogic released its latest Home Price Index, or HPI, earlier today, showing that home values declined on a month-to-month basis for the second straight time from August to September. Though the Case-Shiller Home Price Index, which is released the

Fannie Mae’s latest National Housing Survey finds homeowners in the U.S. are still uncertain about the future of housing and the economy, though a couple of indicators did maintain their numbers and resist declines. Conducted via telephone, the survey

United Real Estate, an innovator in real estate marketing since 1925, has expanded its reach to the Chicago area, with the announcement of a new office to be opened in Oak Brook Terrace, at 1 Mid America Plaza. This

Shaun Donovan, secretary of U.S. Housing and Urban (HUD), announced HUD is proposing new regulatory requirements for its HOME Investment Partnerships Program (HOME). Home was designed to produce affordable housing for low-income families and is the largest federal block

There are many factors that go into an agent’s ability to negotiate: their seller, the bank, their buyer, another agent’s buyer or seller, and so on. However, in the spirit of our Agent’s Choice Awards issue, we thought we

Unemployment remains high in America despite political efforts to improve the stats, leaving a high number of people finding ways to make ends meet and a rising number of formerly employed turning to self-employment. Many people are even leaving

How many billions of dollars might result in write downs from mortgage investigations? What’s the word on the new construction market? Here’s quick rundown of stats from this week’s news (Oct. 31 – Nov. 4) by the