Chicago-based Fifield Companies, and national developer, Wood Partners, announced they will begin construction on the K Station development’s fifth and final apartment building this month, K2 – seven years after ground broke on the first apartment tower in the

Media officials will be given the first opportunity to tour the “better, not bigger” housing design promoted by Sarah Susanka, FAIA, architect and best-selling author of the “Not So Big House” series. The preview event will take place on

Doug Fox was named managing broker of the Lincoln Park Halsted and South Loop offices of Prudential Rubloff Properties, company principals Chris Eigel and Michael Pierson announced. “We are very pleased to announce [his] promotion,” Pierson said. “Doug is

After four straight months of declines, new single-family home sales in September were up 5.7 percent from August, an increase from 296,000 units to 316,000 units, according to new data from the U.S. Census Bureau and the Department of Housing

The National Association of Realtors (NAR) 2011 Leadership Team is hosting an online Town Hall meeting for Realtors this week, giving Realtors a chance to speak their mind on industry related topics and gain insightful updates on current events

Two senators are proposing a remarkably simple idea to foreigners to spur housing investment – buy a house, get a visa. It may seem coy, but the proposal by Sens. Charles Schumer (D., N.Y.) and Mike Lee (R., Utah) really does

In a late hour vote, the Senate approved by a 60-38 margin a measure to expand federal loan limits and return government-backed loans to the $729,750 that had been in effect the last three

The Brookforest Plaza shopping center, located in Shorewood, will become home to the newest RE/MAX Ultimate Professionals office. Opening the office will be Kathy Dames, a veteran of Illinois real estate who has worked in the industry for the

Chicago and other Midwest cities are reporting particularly strong returns in the latest Case-Shiller Home Price Indices, the monthly report by Standard & Poor’s (S&P) that is the leading measure of U.S. home prices. The newest report, which surveys home prices for

After literally months of deliberation, the Federal Housing Finance Agency (FHFA) has announced that it is eliminating several restrictions to the government’s Home Affordable Refinance Program (HARP) to allow more delinquent homeowners to refinance their mortgages. Beginning with passive references

Standard & Poor’s will release its much-followed Case-Shiller Home Price Indices tomorrow, and if any rival indices are an indication, it will most likely post year and monthly declines in home prices. Riding high on a summer buying mini-boom,

For years, renting was seen as the more cost-effective alternative to owning, and generally, the viewpoint made sense. Renting lacks the property taxes, upkeep and other fees that often come with owning a home, and the skyrocketing prices of

A new Senate bill introduced Wednesday hopes to add another factor in the underwriting process in the form of energy costs, according to a new report from Housing Wire’s Jon Prior. Introduced by Senators Michael Bennet (D-Col.) and Johnny

According to the National Association of Home Builders, builder confidence for single family new home construction rose four points in October, the largest single-month gain since the home buyer tax credit stimulated buyers in April of 2010. Builders’ confidence

Efficiency in running a business How to effectively run a business has been a major topic of debate for decades. As businesses have evolved, so has that debate. Some believe that in-person, face-to-face interaction is the best way to

Out of 39,075 total users of connectMLS, according to Midwest Real Estate Data, Inc., in August, there were a total of 35,504 unique logins. That is 90.9 percent of MRED’s users in one month – “a typical month for