News / Features

Chicagoland Foreclosure Activity Decreases in Q1

RealtyTrac released yesterday its U.S. Foreclosure Market Report for the first quarter of 2011, which shows foreclosure filings were reported at a 15 percent decrease from the previous quarter and a 27 percent decrease from the first quarter of

Feds Settle with Major Lenders

Federal bank regulators yesterday announced settlements with the nation’s largest mortgage lenders for unethical foreclosure practices that were identified in 2010

Pew Poll Shows Americans Still Value Homeownership

Amidst one of the worst economic recessions in American history, a recent telephone poll conducted by the Pew Research Center shows that the majority of Americans still place a great deal of value in their

Losing the Living Room

According to local builders, recent research shows buyers have less need for this traditional space. Couple that news with the fact that home sizes are shrinking, and the trend toward homes that are losing the living room just makes

Mortgage Apps Decrease in Latest Weekly Survey

Mortgage applications decreased from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 8,

Webby Awards Nominees Announced

Nominees for the 15th annual Webby Awards were announced this morning, with numerous candidates emerging from the real estate

March ComScore Stats Show Trulia Busier Than Zillow

Web traffic analytic service ComScore has released data on real estate sites Zillow and Trulia’s March 2011

Coldwell Banker iPad App Puts Video on Center Stage

Coldwell Banker Real Estate LLC announced its Coldwell Banker Real Estate App for iPad is now available on the App Store and via ipad.coldwellbanker.com, enabling users to search for property listings, agents and local Coldwell Banker

Altos Research Update Shows Spike in Inventory

Altos Research has released its April 2011 Real Time Housing Market Update, showing an increase in housing inventory for the spring selling

FHA’s Mortgagee Review Board Enforces New Regulations

The Federal Housing Administration’s Mortgagee Review Board (MRB) has announced a settlement agreement with a Massachusetts mortgage lender for failing to fully verify whether borrowers could sustain their mortgage payments prior to refinancing their

Craig Hogan Appointed to Second Term with Keller Williams Realty International

Craig Hogan, managing broker of Keller Williams Gold Coast office in Chicago, was recently appointed for a second term to the Board of Directors for the Luxury Homes Division of Keller Williams Realty International.  This appointment was announced last

Dream Town-Groupon Deal Activated

By Tom Butala As online discount service Groupon has broken into the real estate world with an exclusive deal from Dream Town Realty, Dream Town’s President and Co-founder Yuval Degani reports that the voucher activated within hours of going

Agents Who Change Offices Sell Less

The data below from LeapRE suggests that agents with lower sales volume are more likely to change offices, rather than agents with higher sales

Dream Town Realty Offers Deal Through Groupon

Dream Town Realty today launched a special offer with Groupon, the first real estate deal to be done with the nation’s leading online coupon

NAR Evaluates Impact of Federal Government Shutdown

As the Federal government is in negotiations today to avoid an overall shutdown, the National Association of Realtors (NAR) has taken a look at what the potential shutdown would mean for the real estate

Calk Family Takes Over Generations Bank

On Wednesday April 6, Stephen and John Calk announced that with the approval of the Office of Thrift Supervision they have closed the deal and purchased the more than 100-year charter and assets of Generations Bank from Armed Forces

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