Investigations into mortgage servicers’ processes are over and the delay in foreclosures has ended, too. The number of properties that are being returned to lenders is increasing once

According to Fannie Mae, the serious delinquency rate decreased to 4.44 percent in February from 4.45 percent in January. This is a decrease from a high of 5.59 percent in February 2010. Freddie reported the delinquency rate decreased to

Dream Town Realty announced four new Realtors joined the brokerage last month. The new March recruits are Anthony Motton, Peter Childs, Susan Boush and Tom Kelley. All four agents offer residential home sale and purchase services in the Chicago

According to a report released Tuesday by the Harvard Joint Center for Housing Studies, a large number of renters are allocating more than half their income to

According to a report released this morning by the National Association of Realtors, pending home sales increased 5.1 percent in

Beginning on Oct. 1, the government will dial back on the size of mortgages it guarantees in high-cost areas like San Francisco, New York and Washington. After that deadline, the maximum loan amount that Fannie Mae and Freddie Mac

The homeownership rate dropped to 66.4 percent in the first quarter, the lowest level since 1998, according to the Census Bureau. The rate is down from last year’s 67.1 percent, and a single basis point dip from the previous

The International Monetary Fund believes the U.S. should consider cutting the popular tax deduction for mortgage interest, according to the Wall Street

While recent home prices and sales haven’t been strong, the top and the bottom of the housing market is doing just fine according to Builder’s Pulse. Those with a decent income are keeping the upper market afloat, paying large

Prices of single-family homes declined in 20 metropolitan areas by 0.2 percent from January to February, according to the S&P/Case Shiller composite index released today. This decrease places the current composite index of 139.7 just slightly above the 2009

The supply of vacant residential lots in the Chicago area has barely budged over the past year, according to Crain’s Chicago Real Estate Daily. <!–more–> Developers were sitting on 48,905 lots ready for new single-family homes, duplexes or townhomes

Keller Williams Realty led among real estate brokerage franchises in an annual survey by Entrepreneur Magazine, and ranked 78th overall out of 500

Baird & Warner is pleased to announce the appointment of Bill Kashul as Sales Manager for the brokerage firm’s Lake Forest

The housing crash seems to have had little impact on consumer confidence, as 81 percent of adults believe buying a home is the best long-term investment a person can make. According to a report by Pew Research released this

According to data from LeapRE, in 2008 and 2009, homes that took 90 or more days from contract to closing accounted for about 6.9 percent and 6.8 percent, respectively, of all closings in Chicagoland. In 2010, however, homes that

U.S. Housing and Urban Development (HUD) have selected eighteen national, regional and local lenders to participate in a new two-year pilot program. The program will offer qualified borrowers, in certain parts of the country, low-cost loans if in turn