News / Features

AHS Data Shows How Many Homeowners Own Without a Mortgage

With all the news regarding mortgages, Fannie Mae and Freddie Mac, a recently-released 2009 American Housing Survey (AHS) shows data for homeowners who own their property without a mortgage in the Chicago Metropolitan

HUD and Census Bureau Report on February Residential Construction

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for February

Wellness Events for Mainstreet Organization of Realtors

Main Street Organization of Realtors (MORe) has teamed up with Healthy People Grant to assist in creating a healthier Chicagoland area. Their goal is to help expand awareness of behavioral and lifestyle risk factors and what their effects can

New Exhibit Explores Green Neighborhood Design

Tuesday, the U.S. Green Building Council’s (USGBC) “Neighborhoods Go Green! Scaling up Sustainability” exhibit opened in Washington,

Bobby Jenks Reduces Price on Hinsdale Home

By Tom Butala Former Chicago White Sox Reliever Bobby Jenks reduced the price today on his West Suburban

Young Homebuyers Will Lead Housing Market Recovery

Generation X –young families and adults ages 31 to 45 – are likely to lead the home buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association

Mortgage Purchase Applications Decrease Slightly in Latest MBA Weekly Survey

Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 11,

Illinois Association of Realtors Releases Data Supporting Case for Higher Government Loan Limits

The Illinois Association of Realtors (IAR) yesterday released new data that shows mortgage loans above the current conforming limit have not led to an increase in foreclosures in the Chicagoland region as some have previously thought. The data provides

Chicago Architect Nathan Kipnis Wins Green Award

Chicago and Northshore architect, Nathan Kipnis, has been named one of the six recipients of Chicago Magazine’s fifth annual Green Awards.  He will be featured in the April 2011 issue, which comes out March

Builder Confidence Edges Up One Point in March

After four consecutive months hovering at the same low level, builder confidence in the market for newly built, single-family homes improved by a single point in March, rising to 17 on the National Association of Home Builders/Wells Fargo Housing

MRED Offers Service to Speed Up Short Sales

Midwest Real Estate Data LLC (MRED) has announced it has entered into an Agreement with Fannie Mae to provide its customers the Fannie Mae Short Sale Assistance Desk (“Assistance

Poll: Confronting Unprofessionalism

Unprofessionalism and unethical agents is a big complaint in the real estate industry. How can it be stopped? Many think reporting it and punishing this behavior is a way to stop it, but some people would rather not deal

Lexington Park Condos Go Rental

According to ChicagoRealEstateDaily.com (CRED), The South Loop’s Lexington Park Condominiums have gone

Realtors Advocate National Flood Insurance Program Reform

Congress needs to strengthen and reauthorize the National Flood Insurance Program for the long term to prevent undermining the fragile real estate market recovery, the National Association of Realtors said in testimony today before the House Financial Services Subcommittee

Donald Trump Roasted on Comedy Central

Real estate developer, entrepreneur, and all-around tough guy Donald Trump was recently ‘roasted’ on Comedy Central; the event is set to air tomorrow night, Tuesday, March 15 at 10:30 p.m.

NAHB Indices Show Optimistic Outlook for Multifamily Development

Two quarterly indices produced by the National Association of Home Builders (NAHB) indicate a return to healthy market conditions for both new and existing apartment and condominium

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