The U.S. Department of Housing and Urban Development (HUD) awarded nearly $1.5 million to Greene County ($130,573), Henry County ($176,493), Knox County ($240,000), Peoria ($240,000), Rock Island ($225,000) and Rockford ($480,000) Housing

A new study from National Association of Home Builders found that approximately 71 percent of the 2,000 voters supported the mortgage interest deduction, according to National Mortgage

The Winnetka house where Home Alone was filmed has been on the market for about a month, recently dropping their price to $2,175 million, according to

In an effort to embrace trending preferences toward the use of the internet, real estate professionals have increased their online marketing budgets by 27 percent, according to Real

Home designs have taken a turn from the aesthetically pleasing to the practical. Home designs that are unconventional and geared towards a practical purpose, such as “green” homes, are gaining popularity with homeowners and builders

With fluctuations in the housing market, many may assume that brokers’ salaries are also booming and busting depending on sales; however, Real Trends found that average commissions jumped from low levels of 5.02 percent in 2005 to 5.40 percent

With widespread speculation on falling home prices, where the housing market is going from here, and how to maintain the foreclosure backlog, a limited amount of data focuses on the downtown condo market. According to Paul Dales, senior U.S.

Martin Gruenberg, current vice chairman of the Federal Deposit Insurance Corp., is expected to replace current chair of the regulator, Sheila Bair at the completion of her term on July 8, due to a nomination from Obama said Housing

Paul Wells, broker/owner of RE/MAX of Barrington and RE/MAX Now, was awarded the Eagle Award at the RE/MAX Northern Illinois 34th annual awards ceremony. The Eagle Award had not been awarded for over a

Doug Ayers, president and CEO of Koenig & Strey Real Living, passed away June 10 at the age of 50, after fighting a heroic battle with cancer. Ayers was beloved and admired by colleagues at Koenig & Strey, and

Green building trends in housing construction and remodeling are growing, and will only continue to increase in the future. According to Housing Wire, Harvey Bernstein, vice president, industry insights and alliances, McGraw-Hill Construction, noted that in 2010, a third

Two years ago, approximately 100 condo buyers were sued for refusal to close on their units at One Museum Park West, located at 1201 S. Prairie Street; many of these cases have been settled in the favor of the

Clear Capital’s monthly Home Data Index Market Report was released today, with the current results demonstrating that quarterly U.S. home prices decreased 2.3 percent; however, this is a sign of improvement in light of last month’s report marking a

Sue Rossi, co-owner of RE/MAX 2000 in Crete, Ill., earned one of the most prestigious honors conferred by the RE/MAX Northern Illinois real estate network: the “Above the Crowd!” award. This award goes to those who have made outstanding

Nicole Napientek and Marta Hudson have both joined the Naperville branch of Weichert, Realtors – Kingsland

In 2008, Fannie Mae and Freddie Mac received $164.4 billion from the Treasury Department; the mortgage giants pay a 10 percent dividend each quarter-leading to a first quarter payment of $12.4 billion from Fannie, and a $11.6 billion payment