Larry Steinway announced his acceptance of a senior vice president position with Chicago Bancorp today. Steinway has been working in the mortgage industry for over 20

The National Association of Home Builders (NAHB) added 20 more cities to its Improving Markets Index (IMI), further evidence that though housing remains tough in some markets, it is not only improving, but showing positive signs of growth in

A home showing in Sauk Village, a small community 30 miles south of Chicago with just 10,000 residents, went horribly awry as two bodies were found in the home by the property’s owner and a prospective buyer.The victims, ages

Why do consumers make the choices they do? Why buy one jacket, but pass on another? Why invest in one bond, but not the latest Silicon Valley IPO? In the end, what governs reckless financial behavior, even at the

There were many outcomes of the housing boom and bust cycle, but one of the more implicit has been lowering consumer credit scores, a detail that has posed problems for prospective homebuyers seeking a mortgage for their transactions. According

Two home price indices from CoreLogic and Lender Processing Services (LPS) both showed small declines in home prices for October, indications that the summer buying boom has concluded and home values are entering their seasonal lull. CoreLogic’s Home Price Index (HPI),

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