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

Centrum Properties Inc. is on the lookout for apartment and hotel developers and builders to take over the Streeterville site that Centrum hopes to sell for $50 million or

The U.S. Department of Housing and Urban Development (HUD) announced today it is offering more than $40 million to various housing counseling programs. The grants will be awarded competitively to approximately 500 HUD-approved counseling agencies and State Housing Finance

The Knight Frank Global House Price Index, a massive, wide-ranging collection of data that operates as a Case-Shiller-esque index for the global housing market, was just released by Knight Frank, and it offers some startling revelations on how housing

Courtesy of a new report from Lender Process Services (LPS), the delinquency markets have yielded several batches of data this week, with some good, some bad, and some suggesting we still have a long way to go. The good

Construction spending, driven by renewed investment in housing, rose in October for the third straight month, exceeding analysts’ projections and increasing by 0.8 percent, according to a Business Week article by Alex Kowalski. Riding on low interest rates, a

CoreLogic released its third quarter negative equity report yesterday, and it revealed an interesting paradox in housing for 2011 – though prices resumed their downward trend in the third quarter, and investment remains sluggish, negative equity is still declining, albeit

Weichert Real Estate Affiliates (WREA) has named Patrick McFarland as the franchise sales director of Chicagoland. While in this position, McFarland will support Kevin Hill, the franchise organization’s national vice president of business development, in developing opportunities for the franchise