News / Features
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
Prudential Real Estate Investors LLC has been looking into the purchase of SoNo East, an apartment building located in Lincoln Park. While the construction of the tower has not yet been completed, Prudential is hoping to take possession in
Today’s the day for the North American Real Estate Conference, an annual event that allows real estate professionals from all backgrounds and specialties to interact and learn about the
Two construction-related statistics – building permits and the architecture billings index – made gains in August, a positive indication that the more foundational elements of construction may be improving. Building permits were up by almost 20 thousand from July,