Chicago will not be the next boom town in the U.S., according to recently released data from New

Weichert, Realtors – First Chicago Broker/Owner, Ron Ruby, will participate in the “attempt” to break the Guinness World Record for the most high-fives in an hour at this year’s 10th annual Taste of River

The Obama Administration recently announced adjustments to the Federal Housing Administration (FHA) requirements that will require servicers the forbearance period for unemployed homeowners to 12 months. The Administration also intends to require servicers in the Making Home Affordable Program

A recent analysis by Reis Inc. showed that the apartment vacancy rate fell to six percent, down from 6.2 percent in quarter one and 7.8 percent in quarter two of 2010, according to Calculated

In addition to research from NAHB showing that home ownership is still valuable, yesterday, NAR released results from the “2011 National Housing Pulse Survey” a telephone poll of 1,250 adults which found similar

Developer Jerome Cedicci’s 44-unit condominium project on the West Side faces foreclosure after a scandal over the development lead to several resignations at City

Recently, news broke that Bank of America aims to settle a lawsuit with displeased investors for $20 billion; of this $20 billion, $8.5 billion is set to go to investors who were deeply impacted by the troubled mortgage-backed securities

In a recent call for action, the National Association of Realtors has asked Realtors to weigh in on the impact of changing mortgage costs, which are set to decrease on September 30  – which may subsequently further prevent housing

“The Walkability Premium in Commercial Real Estate Investments,” a report by Gary Pivo and Jeffrey D. Fisher found that “walkability” increases an offices’ and stores’ value by nine percent, as well as apartments by one percent. Chicago was among

Bank of America has been criticized by many investors who held stock in the now failed home loans; the bank faces a proposed sum totaling $20 billion in order to partially reverse the damage, with the additional costs of

It’s an advantage to be able to do business in multiple states. Real estate brokers have clients outside the state all the time, whether for second home clients, clients looking to make a move permanently to Illinois, or clients

Standard Bank & Trust recently welcomed Joanna Weiss to their ever-expanding Northside mortgage division as a mortgage

Q: What are the differences between getting a loan for a second home vs. a primary residence? Are the interest rates higher? Are mortgages for second homes harder to qualify for? A: Interest rates are similar for primary residences

Which Chicago neighborhoods and suburbs have the most transactions? LeapRE examined data from January through May of this year to find out which cities and neighborhoods had the most sales. Aurora saw 699 transactions in those five months, followed

Radar Logic joins the group of economists doubting nearby recovery despite the positive forecast which the Pending Home Sales Index (PHSI) displayed this May, said Housing

In April, Trulia said that it cheaper to buy a home than it was to rent a property in 39 of the 50 largest cities in the nation; regardless, this is paralleled with consumer desire to rent in the