News / Features

Sideways Growth the Projection for Thursday’s Sales Data

The National Association of Realtors (NAR) will release its existing home sales data on Thursday, and housing guru Tom Lawler is predicting a continuation of the sideways growth that has defined home sales for the last four months. Posted

Optimism Drives Banks’ Purchase of West Chicago RE/MAX

Cindy and Tony Banks, a husband-and-wife team that has worked in real estate for 26 years, are confident about the metro Chicago real estate market; so confident, in fact, that they just purchased RE/MAX Cornerstone, a brokerage located at

This Week in Real Estate: Lakeview Sales, Census Bureau Findings and ZIPping Through Chi-Town

A quick rundown of stats from our real estate news from the week of Oct. 10 – Oct. 14, by the numbers: 35.7 – the percentage that third quarter home sales increased in Lakeview from 2010. Rosie O’Donnell is not

Children of the ’50s a Boom to Real Estate

If only all potential homebuyers operated like the baby boomer generation – then business really would be booming! According to a national survey conducted by Coldwell Banker of more than 1300 of its agents, 87 percent of the agents

Evanston Landlords Livid Over Property ‘Blacklisting’

Landlords in the Evanston area are fuming over their inclusion on a recently-released list of 52 rental properties with safety violations, a move they are alleging amounts to a public “blacklisting” of them and their businesses. “The city has

Keeping it in the Family with Multigenerational Housing

With home prices falling, and financing and appraisals in a precarious position, the renting market is often mentioned as a rising form of real estate. New data out of the Pew Research Center, though, highlights a remarkable upward trend

App Review: Mortgage Calculator Pro

Price: $0.99 How it Works: The Mortgage Calculator Pro, one of the top 10 finance apps for 2010, is a quick and easy calculator designed for brokers, Realtors and homebuyers. Optimized for iOS 4 and Retina Display, Calculator Pro

A ZIP Through Chicago Yields Varieties in Pricing

There are close to 60 different zip codes in the Chicagoland area, and thanks to Fiserv – the same company behind Standard & Poor’s titanic Case-Shiller Index – we have new and intriguing information on housing prices in Chicago

Mortgage Rates Rise with Jobs Report

In a shocking development, mortgage rates have risen in the last week, riding on the minor optimism from the latest job reports coming out of Washington. After two solid months of declines, culminating in last week’s drop of the 30-year

Joseph McBreen Teams Up with Guaranteed Rate

Joseph McBreen, owner and senior loan officer of The McBreen Group within Mortgage Services III, has joined Guaranteed Rate Inc., as a vice president of mortgage

High-Rise Sales Signal High-End Market Rise

This past month, three condominiums in Michigan Avenue’s Park Tower sold for over $3 million each. The 117 condos above the Park Hyatt hotel at 800 N. Michigan Avenue are among the most expensive in the high-rise market, with

Guaranteed Rate Welcomes Dan Gjeldum

Named one of Crain’s Chicago Business “Fast Fifty,” Guaranteed Rate, Inc. has recently acquired a new team member: Dan Gjeldum, formerly of Mortgage Services III,

Ring Around Rosie for Lakeview Home Sales

Rosie O’Donnell’s purchase of a $2.5 million, 6,000 square-foot Lakeview property has made the Chicago neighborhood a consistent feature in many recent news stories, but thankfully, the area has even better news to report – homes sales in the

App review: Home Value Pro (iPhone only)

Price: Free How it Works: Home Value Pro touts itself as an on-the-go, user-friendly way to access a wealth of statistics on residential real estate in the country. Features include home values estimates for virtually every U.S. home, housing

Amidst Precarious Times, NAR Reaffirms MID Support

National Association of Realtors (NAR) President Ron Phipps recently reaffirmed his organization’s support of the mortgage interest tax deduction (MID), a long-accepted cornerstone of the home buying process that, regardless of its several decades of popularity, is threatened by

Prudential Rubloff Raises $20,000 for Sunshine Kids

The first annual Prudential Rubloff fundraising event, which took place on September 21, was a success, especially for the Sunshine Kids organization, which received the proceeds of the event, about $20,000 in all. The donation was in dedication of

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