CEO Russ Bergeron of the Midwest Real Estate Data (MRED) gave a presentation on the future of the MLS at the Illinois Association of Realtors (IAR) meeting that took place May

“Knowledge is power” is the mantra implied by the Consumer Financial Protection Bureau’s (CFPB) newly pitched Know Before You Owe project. The project aims to consolidate two federally required mortgage disclosures (the Truth in Lending form and the Good

The past three months have brought an ongoing increase in Illinois’ home sales, with a total of 8,526 homes sold in April, up from a previous 7,856 sold in March, according to a press release from Illinois Association of

Out of a pool of 2,018 adults, 54 percent believe that housing recovery will not occur until 2014 at the earliest, and 45 percent said that the government is not doing enough to avoid foreclosures, demonstrated in the latest

From March to April, nationwide housing listings typically increase by 5 percent (an average compiled from the last 28 years), according to Zelman & Associates; this year the monthly spike was measured at 1.1 percent in more than 140

Freddie Mac will now be assisting homebuyers of REO properties with up to 3.5 percent in closing-cost assistance through their HomeSteps summer sales promotion. Agents will also benefit, receiving a $1,200 bonus for offers on eligible foreclosed properties, as

Illinois is now one of the slowest states when repossessing homes, with an average process time of 494 days, compared to 242 days in

Five new agents have joined Coldwell Banker Residential Brokerage in various areas of Chicago, all eager to match buyers with their dream

Listings of loans which are delinquent by more than 30 days, those delinquent by more than 90 days, foreclosures, and an accurate portrayal of the mortgage market may soon be publicly available in accordance with Section 1447 of the

As Rahm Emanuel returns from Washington to take his new seat as Chicago’s mayor, the family who have been occupying his house plan to move out in

The National Association of Realtors (NAR) established an “opt in” ruling for brokers who want their IDX listings displayed on national franchise websites; the vote took place on May 14 at the Midyear Conferences, and the newly approved vote

The Federal Deposit Insurance Corporation has sued both CoreLogic, Inc. and Lender Processing Services, Inc. (LPS) for a combined total of approximately $283 million, according to

Federal Reserve statistics indicated a three-year drop of $700 billion in outstanding mortgage debt, according to

This weekend, the National Association of Realtors (NAR) gathered at the Midyear Meetings in D.C. The organization decided to raise dues by $40, a widely debated increase which aims to reshape campaign

While the market for new homes isn’t necessarily improving, investors who buy land for suburban subdivisions might have different feelings. Sales of developed lots and raw land for residential development rose in 2010, a positive sign for the housing

Midwest Real Estate Data’s Technical Help Desk is recognized as one of 2010’s Top 100 Call Centers, in the small center category, by BenchmarkPortal. >!–more–> CEO Russ Bergeron is proud MRED has been recognized for this achievement by a