News / Features

NAR Data Shows Improving Numbers, but Tough Financing

The National Association of Realtors (NAR) released its July housing data yesterday, and though the data showed a marked improvement from July of 2010, it also showed a housing market that continues to continues to grapple with tougher

New Agents Bring Experience and Versatility to Dream Town Realty

Dream Town Realty, an online real estate company, has just announced the addition Patricia Pulido and Patrick Hawkins to their team, Realtors with unique experience and

Mortgage Rates Now at 50-Year Low

Freddie Mac released the results of its Primary Mortgage Market Survey today, which shows both fixed and adjustable mortgage rates are reaching all-time record lows, providing even further incentive for homeowners looking to

Class A Apartment Sales Indicative of Strong Market

Chicago-based Fifield Companies and its joint-venture partner, Pacific Life Insurance Co. of Newport Beach, Calif., have announced their two Class A luxury apartment complexes in Chicago’s West Loop  – Echelon and Alta at K Station – are available for

U.S. Investigating S&P Bond Rating Practices

According to a New York Times report published earlier today, the U.S. Justice Department is investigating Standard & Poor’s (S&P), the nation’s largest credit ratings agency, for its questionable ratings of risky mortgage-backed securities in the run-up to the

NAR Raises Milestone Sum, Avoids Potential CIVIX Lawsuits

The National Association of Realtors (NAR) has raised $7.5 million for an multiple listing services (MLS) licensing agreement that will allow MLSs and Realtor associations full access to valuable property listings without legal

Chicago Improves Dramatically in New Mortgage Fraud Report

Interthinx, an analytics company, released its comprehensive Second Quarter Mortgage Fraud Risk Report late last week, and among its chief findings, it found that Chicago’s mortgage fraud statistics improved significantly from last

City Announces New Plan for Building Permits

Chicago Mayor Rahm Emmanuel unveiled a new system for issuing building permits this week that streamlines the process and, hopefully, reduces wait

Hand in Hand? Housing’s Impact on the Economy

With new data on housing starts out recently and July sales data on the horizon, economists and journalists are debating what role housing plays in the U.S. economic

Weichert Realtors and Chicago Real Estate School Co-Host Career Nights

The Chicago Real Estate School has joined forces with Weichert Realtors – Sudler International, to co-host a series of Career Opportunity Nights for its

New Plans for Vacant Sheraton Hotel in Arlington Heights

Arlington Heights village board members and staff are excited but will not yet show any commitment to proposed construction for the vacant Sheraton Chicago

NAR Study Latest in Affordable Housing Reports

The National Association of Realtors announced in a recent report that its Housing Affordability Index, the 41-year-old index that measures household purchasing power, was at its third highest level ever after the first quarter of

Freddie Mac: Fixed-rate Mortgages Dominated Refinancing

Freddie Mac released its Quarterly Product Transition Report today, and the report contained several findings on home refinancing, most notable that in the second quarter of 2011, fixed-rate loans accounted for about 95 percent of refinance

Housing Starts Down in July, But Improving, Says Reports

The Department of Commerce released data today on housing starts, showing a housing market  that, despite some low numbers, is showing signs of

New York Fed: Consumer Credit Improving

The Federal Reserve Bank of New York today released its latest report on consumer credit, stating that credit continues to improve in the wake of the 2008 economic

Regency Estates in St. Charles by K. Hovnanian Homes Schedules its Grand Opening: August 20 and 21

K. Hovnanian Homes will celebrate the grand opening of Regency Estates in St. Charles on Saturday, Aug. 20,

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