The Chicago Housing Authority (CHA) approved plans to redevelop the Lathrop Homes site in Hamlin Park as part of the CHA Plan for

The Illinois Housing Development Authority has enacted a new mortgage assistance program, called the Illinois Hardest Hit Fund, for unemployed and underemployed Illinois and Chicago

Standard & Poor’s (S&P) has just released the findings of its latest Case-Shiller Home Price Indices, the leading measure of U.S. home prices that charts monthly price trends in the housing market. The newest report, which surveys home prices

The National Association of Realtors (NAR), Mortgage Bankers Association and the National Association of Home Builders have stepped up their lobbying efforts to Congress in recent weeks to fight the planned expiration of the federal loan limit size increase

Representatives from both the Mortgage Bankers Association (MBA) and the Department of Housing and Urban Development (HUD) are asking the government to renew an $88 million fund for HUD non-profit counseling that was cut in recent budget negotiations. “This

Newly-released data from the Census Bureau shows that though new home sales continued their sideways trend, declines were slight and above both analyst predictions and year-over-year sales. August 2011 sales were at 295,000, a 2.3 percent decline from July

Chicago real estate was abuzz when rumors swirled that Rosie O’Donnell was scouting properties in the Lakeview area, and now it appears that those rumors have been

This is an interesting yet shocking statistic: LeapRE found that a whopping 38 percent of listings in the MLS only have one photo that show the property. Yes, 38 percent – not quite almost half of all listings –

Consumption was big in This Week In Real Estate, as we saw stories involving a merger of two local Realtor associations, better-than-expected home sales and the first movie showing in

Predictions from analysts and fellow indexes alike point to a positive showing on Tuesday from the Case-Shiller, the influential report from Standard & Poor’s that charts housing prices, though long-term analysis remains complicated. MacroMarkets, a financial tech company based

According to a noted nonprofit in Berkeley, Calif., nonprofits should not only play a key role in any government plan for REOS, but should also ensure that REOs effectively help the entire community. The government’s catalog of REOs is

Barb Pepoon joined the team of sales associates at Coldwell Banker Residential Brokerage

Local banks, the small-scale, community-based financial institutions that seemingly avoided the financial crisis, could be the answer to the current housing blues, according to National Association of Realtors President Ron Phipps – though there may be some caveats that

The Federal Reserve announced yesterday that it will begin a new round of stimulus to jumpstart the U.S. economy, with housing and refinancing being two main beneficiaries of the stimulus’ goal. The Fed’s plan, officially called “Operation Twist,” is

A new survey by Xerox on real estate and technology yielded interesting data about the industry, particularly for the e-mortgage market. Sixty-three percent of the lenders surveyed by Xerox used paperless mortgage software in 2011, an increase of 14