An earlier post by UrbanTurf revealed that former Governor Rod Blagojevich’s Ravenswood Manor is on the market and listed at $1.07

During the month of September, rental listings on the Chicago MLS jumped almost 20 percent, according to data compiled by Yo Chicago. “A seasonal increase in available units and slower absorption are to be expected at this time of

The U.S. housing market has finally bottomed out, and after two years of flat growth, will begin a slow, steady recovery, according to former RealtyTrac vice president Rick Sharga. Sharga, who is now an executive vice president with Carrington

Thirty-five-year real estate veteran Larry Giddings is set to manage the Lincoln Park office of @properties as its new vice president of brokerage

The Lake Forest estate owned by the late Andrew W. Armour III and Sara Wood Armour sold last week for a whopping $7.2 million, making it the highest paid price for a local single-family property this

Stories abound on the immense international investments in the U.S. housing market, and a new study from Credit Sesame seems to have clarified why. According to an elegant infographic that Credit Sesame compiled using price data from Zillow, the

First, it was the Home Affordable Modification Program (HAMP). Now, it’s the Emergency Homeowner’s Loan Program (EHLP). Both are government programs for housing, and both are due to fall short of their initial goals. Underperformance seems to be the

The Federal Housing Finance Agency (FHFA) offered two plans for revamping mortgage servicing compensation. One model would reduce percentage-based servicing fees on government-sponsored enterprise loans and set aside three to five basis points of the principal balance to fund

The Appraisal Institute, the nation’s largest association of appraisers, has released a new form focused on adequately valuing the green features of a property. Appraisals have a long, storied history with many Realtors and builders, and sometimes not in

Federal Reserve Chairman Ben Bernanke may have stopped in Cleveland to speak about emerging market economies, but his comments during the Q&A session that followed, which included addresses on housing, are garnering all the attention. Repeating statements he made

The U.S. Department of Housing and Urban Development (HUD) recently awarded more than $2 million to the state of Illinois to help public housing agencies retain and hire service coordinators to work directly with families participating in HUD’s Housing

The question lately regarding mortgages is, how low can mortgage rates go? In the case of the 30-year FRM, the answer is still pending. After falling to a historical low of 4.09 percent, the 30-year rates have fallen yet again

The National Association of Realtors’ (NAR) Pending Home Sales Index, which measures the number of contracts to purchase previously owned homes, declined 1.2 percent from July to August, it still remains above 2010 levels. The August index, at 88.6, was

Coldwell Banker Honig-Bell, one of the largest residential real estate firms in Illinois, has just acquired the Coldwell Banker Primus offices in Algonquin, Cary, Crystal Lake, McHenry and Lake Geneva in Wisconsin. With this acquisition, Honig-Bell expands its sights

Standard & Poor’s released the latest Case-Shiller Indices on Tuesday, reporting gains in metropolitan home prices for the fourth straight month. Those indices, however, rely on nominal prices, not the “real” prices that consider inflation. But thanks to Bill

Vera and Pat Purcell, a successful husband-and-wife real estate team, have joined the Lake Forest office of Coldwell Banker Residential