News / Features

RE/MAX Signature Moves to Lincoln Park Office, Adds Agents

Linda O’Donnell, broker/owner of RE/MAX Signature, recently announced that the firm will be moving from their current office located in North Center to 2411 N. Clybourn in Lincoln

For Luxury Listings, 15 Percent of Sellers Hire More Than One Agent

According to data from LeapRE, about 15 percent of sellers with luxury listings* go through more than one agent to sell their home. Listings that went through five or more agents were miniscule – .085 percent – while about

Chris Knapp, Branch Manager, Guaranteed Rate, Inc.

Q: Why is a Jumbo Mortgage “Non-Conforming”? A: In the Chicago marketplace, a “conforming” mortgage is one that is below Fannie Mae and Freddie Mac’s threshold of $417,000.  Therefore, from a simple definition, a mortgage that exceeds this dollar

Freddie Mac Sets New Record

Freddie Mac sold a record amount of previously foreclosed or repossessed homes, with a total of approximately 31,000 homes sold in the first quarter, according to

Increasing Percentage of Homeowners Underwater

Real estate data analytics firm, Zillow, reported that more than 28 percent of US homeowners are currently underwater on their mortgages; data by CoreLogic in early March had previously measured this rate at 23

HUD Grants Promote Healthy, Safe Housing

In an ongoing effort to promote overall prevention of housing related health and safety hazards, such as recognizing and controlling lead-based paint, the U.S. Department of Housing and Urban Development (HUD) is now offering up to seven grants in

Freddie Mac’s Earnings Increase: First Time in Two Years

Freddie Mac’s net income gain for the January-March quarter marks the first quarterly gain in two years, with the last gain in April-June 2009, earning $676 million according to

New Bill Works to Expedite Short Sale Approval

Short sales can take months to approve, but with the help of a potential new bill, homeowners may find themselves receiving a response to short sale requests within a mere 45

Bank of America Increases Support Centers

Bank of America plans to open 28 new help centers, for a total of 40 help centers across the U.S., in order to accommodate troubled homeowners in need of mortgage

Harsh Competition Among Chicago Area Brokers

A newly released study showcases the increased competition among the largest local residential brokers. Coldwell Banker NRT, Baird & Warner Inc., Coldwell Banker Honig-Bell, Prudential Rubloff, @properties and Koeing & Strey were the top-ranking Chicago area firms in 2010,

Midwest Real Estate Data Collaborates with Onboard Informatics

Midwest Real Estate Data (MRED), well-known real estate data aggregator and distributor, is exploring the use of MLS data syndication through their agreement with Onboard

RE/MAX Expansion Expected to Increase Productivity

Chicago real estate office, RE/MAX Signature, has expanded their facility and recently gained new agents from RE/MAX Skyline, continuing their steady growth over the

Facebook Ad Reach on the Rise

Marketing through social media platforms — including Facebook — is constantly on the rise, and effectively impacting businesses of all kinds, including real

“Home Alone” House For Sale

According to NBC Chicago the infamous house where the 1990 film “Home Alone” was filmed has hit the market and you can own it for a cool $2.4

Four Percent Increase in Mortgage Applications Last Week

Mortgage applications experienced a 4 percent increase last week (April 29), according to

Karen Marposon of Weichert Realtors Recieves National Honor

Weichert Realtors honored Broker and Relocation Specialist Karen Marposon with the “Pinnacle Award” at the Weichert Northern Illinois and Southern Wisconsin Broker Council Rally on March

New Subscribe

  • This field is for validation purposes and should be left unchanged.