Contrary to popular belief, first-time homebuyers are indeed alive and kicking; buying homes at essentially the same rate as they were before the first-time homebuyers credit stimulated demand two years ago. Data suggests that rates could be higher, however, if

The U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD) released the October edition of the Obama Administration Housing Scorecard, a detailed report on the nation’s housing

According to the third quarter National Housing Survey conducted by Fannie Mae, there may be a correlation between consumer attitudes and personal experience. Results found pessimistic responses regarding the economy from those who know someone who has defaulted on

ActiveRain, the social networking site for Realtors, is more than a “Facebook for agents;” rather, it’s an important professional networking resource, one that can introduce agents to scores of valuable industry contacts. As such, it’s valuable to optimize your presence

The 46th Ward Zoning and Development Committee will be meeting on November 10, where, among other topics up for discussion, the committee will discuss the recently proposed condo tower to be constructed at Halsted and Bradley in East

Chicago-based AMLI Residential recently broke ground on a 50-story high-rise building in the upscale River North neighborhood. The building, made up of 409 rental units, is designed to meet LEED Gold certification

Coldwell Banker knows how to give back to its agents. The company recently treated its top 2 percent of producing agents to a unique business retreat, otherwise known as the President’s Club, that included a number of nationally renowned

This year’s Remodeler of the Year, named by the National Association of Home Builders (NAHB), is Chicago real estate professional Mike

Weichert, Realtors – Goodchild Homes has brought in two new professionals to join the Rolling Meadows sales team: Veronica Hernandez and Tina

RMK Management Corp. was honored to receive ten Chicagoland Apartment Marketing and Management Excellence (CAMME) awards last Friday. The Chicagoland Apartment Association, Apartment.com and the Chicago Tribune presented the awards, which celebrate multi-family housing companies and professionals that have

According to a report from Reuters, recent comments by Department of Housing and Urban Development Secretary Shaun Donovan suggest that the government is considering new rounds of refinancing aid for American homeowners, beyond the recent revisions to the Home

A lawsuit filed by Illinois Attorney General Lisa Madigan against mega-bank Wells Fargo got the green light today from a state court judge. The suit, which was originally filed in the summer of 2009, alleges that Wells Fargo engaged

During the boom years, bigger and better was the mantra for everyone in the housing market, most of all developers. “McMansions,” as they were called, sprang up in suburbs across the country, and everybody seemed to have the financing

Seeking to debunk the conventional wisdom on detached homes, a new piece by Wendell Cox of New Geography, citing data from the 2010 American Community Survey, throws down the gauntlet on detached housing, claiming the housing type is not

Real Estate Services Providers Council, Inc. (RESPRO) is hosting its Affiliated Business Regulatory Seminars on November 3rd at the Renaissance Chicago O’Hare Suites Hotel. The seminars, which will be worth 6.0 Continuing Legal Education credits for participants, seek to

Allied Home Mortgage Corporation and its CEO James Hodge were suspended today for fraudulent lending practices that cost the government hundreds of millions of dollars. The U.S. Department of Housing and Urban Development (HUD) is considering debarring Hodge and