News / Features

Green-Certified Homes Are Sold For More Green

Although our recent Green issue seemed to show green-certified homes aren’t a big priority for homebuyers, a new study shows that green-certified homes are worth more than homes which aren’t certified. One analysis from the Earth Advantage Institute found

Adrian Smith + Gordon Gill Firm To Design World’s Tallest Building

Saudi Prince Alwaleed bin Talal plans to make the world’s tallest tower in Jeddah, Saudi Arabia, with the help of Chicago architecture firm Adrian Smith + Gordon

Prudential Rubloff Welcomes Dave Camp and Wade Marshall

Dave Camp and Wade Marshall of the Chicago Real Estate Group are now part of the Prudential Rubloff

Deal Reached Regarding Debt Ceiling; NAR, NAHB Comment

After weeks of debate over the debt ceiling, Sunday night the compromise deal was agreed upon and the emergency legislation passed in the Senate this morning, 74 to

Xplode Real Estate Technology Conference Coming to Chicago

The Xplode Conference has partnered with Chicago Association of Realtors to bring the powerful tech conference to the Chicago area on August 19. The conference will feature 25 speakers who will present on an array of topics varying from

Higher Mortgage Payments May Harm Recovery

The Dodd-Frank Wall Street Reform and Consumer Protection Act have paved the way for an increase in the required down payment for mortgages, however, many analysts and industry professionals are criticizing this

Do Higher-Priced Listings Deserve More Detail?

LeapRE looked at the length of descriptions for listings for properties closed in 2011 and the average sales price by bracket. What LeapRE found was a correlation between length of description and final sale price. In the MLS, the

What’s your favorite architectural style?

What's Your Favorite Architectural Style? What's Your Favorite Architectural Style? Pick your favorite architectural style Brownstone Bungalow Colonial Contemporary Prairie

John Poast Named Senior Vice President of Key Mortgage Services, Inc.

In June of 2011, John Poast moved to Key Mortgage Services, where he took on the role of senior vice

C.A.R. Golf Classic Raises $1,800

Chicago Association of Realtors raised $1,800 at this year’s Golf Classic. Members and other participants in the C.A.R. Annual Golf Classic raised funds by raffle contributors at the

Weichert Real Estate Affiliates (WREA) Announces New Franchise

Sudler International Realty has joined with WREA as Weichert, Realtors – Sudler International, according to president/CEO and sole broker/owner of Sudler International, Sergio

Chicago’s Median Home Price of $172,000 Still Unattainable for Many

“According to the Center for Housing Policy, metropolitan Chicago is the 72nd most expensive housing market in the nation, with a median home price of $172,000,” said the Chicago Tribune. In 2010, the median price was $203,000 and Chicago

New Chicago Ordinance Requires Lenders to Maintain Vacant Properties

Chicago’s City Council passed an ordinance which will “raise the liability of financial institutions who have an interest in a property,” including vacant properties in the process of foreclosure, said Housing Wire. Previously, these responsibilities and complaints would have

RE/MAX, Prudential and Century 21 Top Home Buyer/Seller Satisfaction Study

According to Agent Genius, seller satisfaction rose 4.9 percent with brokerages since 2010, but buyer satisfaction dropped slightly, as tracked by J.D. Power and Associates’ fourth annual Home Buyer/Seller

RealtyTrac Discovers Lower Foreclosure Activity in 84 Percent of Metro Areas

RealtyTrac’s Midyear 2011 Metropolitan Foreclosure Market Report studied 211 metropolitan areas, finding that foreclosure activity through June dropped on a year-over-year basis in 84 percent, or 178, of the areas. In addition, the report found that the top ten

PHSI Continues Steady Climb in Midwest and South, but Closings Still Dropping

This June, NAR’s Pending Home Sales Index rose 2.4 percent to 90.9 – an increase over last month as well as a 19.8 percent increase over June 2010, according to Calculated Risk. However, Fannie Mae is skeptical as to

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