News / Features
The National Association of Home Builders (NAHB) launched the First American Improving Market Index (IMI) today to track metropolitan regions showing significant signs of growth. This comes as good news to a housing industry that has become accustomed to
In a much-touted speech on the economy last night, President Barack Obama largely skipped the topic of housing, opting instead to comment what many had predicted: that the White House was looking to revise its “Home Affordable Refinance Program” to
The Multifamily Production Index (MPI), a statistic compiled by the National Association of Home Builders (NAHB) that measures multifamily unit construction, increased for the fourth consecutive quarter, another sign that the multifamily market is
This fall, @properties is making plans to open a new office in Lake Forest, continuing their pattern of northern expansion. In addition, 12 new Realtors will join this office, who all came from one of @properties’ biggest
So much for history – after reaching 50-year lows on Aug. 18, the 30-year FRM from Freddie Mac has hit a new historical low, this time reaching 4.12
President Obama is scheduled to address the nation tonight on the economy, and the real estate industry is filled with anticipation – apprehension, even – on what the President will say about housing, if anything at
Realtor University, a new online institution offering a Master of Real Estate, has named Richard J. Rosenthal its first Chairman of the Board of
As Hurricane Irene works its way farther north, many East coast and Midwest residents can’t help but worry. Since homeowners are powerless to stop this natural disaster, the smartest thing they can do is insure themselves against the damages
Prudential Rubloff’s Hinsdale office has recently announced the appointment of David Bracy to the position of managing
In a market that has been increasingly defined by renting properties, two luxury condos in Lincoln Park and North Michigan Avenue are distinguishing themselves with their qualities – and price
Cook County has just launched a new online system that allows owners of the 1.83 million real estate parcels in the area to appeal their tax bills electronically, an evolution that greatly simplifies the
After four years of negative job growth, the construction sector is experiencing positive gains in 2011, adding approximately 26,000 jobs to payrolls in 2011, according to new data from the Bureau of Labor
The U.S. government is soliciting ideas on how to responsibly unload the 248,000 foreclosed properties currently in its possession, a total that represents almost a third of the nation’s foreclosed
Single-family mortgages by Fannie Mae that have been in default for more than 60 days fell to 4.08 percent in June and July, the lowest level in two
Federal Reserve Governor Elizabeth Duke called on Washington for aggressive action on housing, citing refinancing and property conversion as two possible
New rules and regulations for appraisers of Fannie Mae and Freddie Mac properties have some in the industry fearing that the new steps will needlessly complicate the