The National Association of Realtors, along with everyone else, would like to save the housing market. According to the Chicago Tribune, these are their ideas for fixing the industry (which differ from ours): creating safe mortgage financing for qualified

Home equity decreased across all racial groups in 2009: whites’ average home equity fell to $95,000; in 2005, a white’s home equity was $115,364 on average; blacks’ home equity fell to $59,000 in 2009, creating an equity loss of

Related Midwest officially closed on the Waterview Tower project yesterday, the Wacker Drive building that has been unfinished since

Everyone has a different outlook on the housing market, but where you get your information from can also alter your opinion for better or worse. The truth is, nobody is entirely sure what will happen to home sales or

According to the most recent Case-Shiller indices, Chicago experienced a 1.7 percent (non-seasonally adjusted) monthly increase from April to an index of 112.01 in May, but a -8.1 percent drop since last May, following a 0.4 percent drop from

The owner of the Old Post Office recently announced the ambitious plans for a massive reconstruction of the property. Included in the plans is a tower that, if built, would be the tallest building in North

In an effort to predict the demands for building within the current housing market, Builder Magazine installed the PRIZM model, a tool that is made up of 66 segments typically used to describe “demographic, psychographic, and behavioral similarities in

The Illinois Association of Realtors (IAR) identified the cause of its inconsistent price calculations previously reported, and published a new report of Chicago’s median

A recent comparison by Agent Genius showed that while many criticize Google and Facebook’s annual lobbying costs, those for NAR and NAHB are within the same

Bankrate’s 2011 Closing Costs Survey demonstrated that while home prices are tumbling, closing costs are still on the rise in most states–with an increase of 8.8 percent nationwide, compared to 2010. Nationwide, the average closing cost is now $4,070

Fifth Third Bank announced recently that Tim Perry, notable mortgage banker, has joined the bank’s mortgage team. Perry is a longtime resident of Park Ridge and has enjoyed a very successful career as a real estate lender throughout the

Coldwell Banker Residential Brokerage recently announced the merger of its Lincoln Park Plaza office with Akos Straub and Vince Milito and the Straub Milito

Members of Mainstreet Organization of Realtors (MORe) and the Realtor Association of Northwest Chicagoland (RANWC) approved the merger of the two associations after an overwhelming majority vote. The associations will officially join forces on October 1,

Today, NAR reported that home sales dropped 0.8 percent, to 4.77 million, this June–8.8 percent below June 2010’s sale of 5.23 million

Midwest Real Estate Data, LLC (MRED) updated their connectMLS system by adding more data fields to the search options giving agents the ability to narrow the

Home sales from June in the metropolitan Chicago real estate market showed data not consistent with year-to-year