Any adjustments in real estate will impact the sensitive market, but some real estate professionals worry that the widely debated QRM proposal, which requires 20 percent down on all mortgages, will be “detrimental to the housing sector,” said Agent

Almost 40 percent of homeowners nationwide who took out second mortgages are underwater on their loans. That is more than twice the rate of owners who didn’t take out such loans. According to the Wall Street Journal, nearly 40

Five individuals from the North Shore have been federally charged for allegedly partaking in a $15.7 million residential mortgage and construction loan fraud scheme, leading to a loss of more than $8 million for lenders, said the Chicago

Gary Jacklin of RE/MAX Action in Lisle, IL, recently received the Technology Award from Northern Illinois real estate

Coldwell Banker recently released the results of an online survey, which asked 1,188 Coldwell Banker real estate professionals about their perceptions regarding gas prices impacting home buying trends; many professionals noted an increase in desire for urban living, short

“State of the Housing Market,” a report from Harvard University’s Joint Center of Housing Studies showed that 70.8 million Americans can afford a mortgage today, an increase from the amount that could four years

Coldwell Banker announced recently that 10 RE/MAX Team 2000 Realtors have joined the Coldwell Banker Orland, Flossmoor and Tinley Park

Due to enforcement of upcoming laws, mortgage loan limits will be reduced for Fannie Mae, Freddie Mac and the Federal Housing Administration in October 2011, according to National Association of Home

With home prices falling and buyers seeking good deals and ideal locations, it seems that many have turned to the downtown area; overall, MLS inventory in the downtown area is dwindling, with a 61 percent decrease of condos and

Matanky Realty Group has been awarded exclusive rights to two properties in the Chicago

A Realtors’ median income for 2010 was $34,100 last year, a four-and-a-half percent drop from the previous 3 percent decline from 2009, said United Press

North America’s tallest building, the Willis Tower (formerly known as the Sears Tower) is expected to be either recapitalized or sold, said Wall Street

Despite the housing market’s decline, housing prices in Andersonville and Uptown have reportedly seen a steady climb upwards in the past

Real estate organizations, FIABCI and ICREA signed an agreement of alliance at last week’s ICREA board meetings in Berlin, seeking to “optimize the combined strength of the two groups and maximize the benefits for the professional real estate community

The Federal Housing Finance Agency raised conforming loan limits in February of 2008, but now they are expected to cut back; the agency is discussing reducing loan limits on mortgages guaranteed by Fannie Mae and Freddie Mac in an

Chinatown developer, See Y. Wong of Wabash Development Group, recently acquired a warehouse on 2401 S. Archer Ave. The space will be cleared to make way for the first phase of Eastern Towers, a new $100 million mixed-use development