News / Features
The Elgin City Council will decide tomorrow whether to export vacant property code enforcement to B&F Technical Services, a local company based in Hoffman Estates, in an effort to cut costs. Per a vacant home ordinance that was passed
According to data from the Mortgage Bankers Association (MBA), the major delinquency rates for multifamily units fell in four of the five major investor groups, which includes FDIC-insured banks, life insurance providers, Fannie Mae and Freddie Mac. The rates
Related Midwest, in partnership with the AFL-CIO Building Investment Trust (BIT), announced plans to develop the $157 million 500 Lake Shore Drive apartment building in Chicago’s Streeterville
According to analysts at Barclays, a global financial services provider, the new housing plans recently announced by President Obama amount to a revamp of the Home Affordable Refinance Program (HARP), not an all-out expansion. Fears over the President’s comments
Weichert, Realtors Goodchild Homes recently welcomed Martin Foster and Joanie Kohlstedt to its rapidly growing sales
Chicago fared extremely well in Clear Capital’s latest Home Data Index, a monthly report that analyzes housing data in the West, Midwest, Northeast and the South coming second in the nation for quarter-over-quarter price gains. Chicago’s gains were 13.6 percent, second
Which neighborhoods are moving recently built inventory the fastest? To find out, LeapRE took the number of active listings in each neighborhood in Chicago and divided it by closed listings during the last year, looking only at properties built
The housing market is on the decline; yet, not even a recession can keep Prudential Rubloff from success. Over the last year, the company’s market value increased by 10.5 percent, and has already increased by 5 percent year-to-date in
New historically-low interest rates, positive builders indexes, and speculation and analysis of President Barack Obama’s housing policies were some of the top national stories this week on Chicago Agent magazine’s
Federal loan limits are set to decline on Oct. 1, and New York Congressman Gary Ackerman, along with 36 other lawmakers, is lobbying to stop that from
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