News / Features

Amidst Lending Overhaul, Bank of America Hosts Investor Meeting at Plaza Hotel

As major financial institutions have received guidance from the federal government pertaining to mortgage regulations, Bank of America is hosting a meeting today at New York City’s Plaza Hotel to present current market strategies to

CLR Says Higher Down Payments will Offset Housing Market

As recent proposals call for homeowners to make ten-to-20 percent down payments on their purchases, the Center for Responsible Lending says this will actually hurt the

Nate Berkus’ Gold Coast Condo Still for Sale

By Tom Butala As Nate Berkus, the interior designer who rose to fame through “The Oprah Show,” has moved to New York City; his former Gold Coast residence is now on the

Illinois CCIM Chapter Announces 2011 Board of Directors

The Illinois CCIM Chapter has announced its officers and board of directors for

Are Mortgage Interest Deductions on the Way Out?

As the Obama administration acts to wind down the role of mortgage behemoths Fannie Mae and Freddie Mac, the loss of the mortgage interest deduction may come as

President-Elect Says “Don’t mess with the MID!”

The day before the National Association of Realtors starts its Home Ownership Matters Bus Tour at the Chicago Flower & Garden Show, Realtors from the Chicago area gathered at NAR headquarters Friday for a town hall-style meeting. The topic:

NAR Home Ownership Bus Tour Takes Off from Navy Pier

The National Association of Realtors’ month-long ‘Home Ownership Matters Bus Tour’ kicked off this weekend in Chicago outside of the Chicago Flower & Garden Show on Saturday, March

Builders Call On Congress To Address Housing Lending Crisis

With the housing production credit crisis taking a severe toll on the nation’s small home building firms and threatening future job growth and the fragile economic recovery, the National Association of Home Builders (NAHB) has called on Congress to

First-Time Homebuyers Struggle with Mortgage Qualifications

As reported by Henry Savage in The Washington Times, the tightening of mortgage qualification guidelines has resulted in a downturn of first-time

Nominations are Open for the 2012 Good Neighbor Awards

Realtor Magazine’s Good Neighbor Awards recognizes Realtors who devote themselves to volunteer service and is currently accepting applications. This is the 13th annual Good Neighbor Awards, and the National Association of Realtors is looking for outstanding Realtors who not

HUD Awards More Than $2.3 Million to Fight Housing Discrimination in Illinois

The U.S. Department of Housing and Urban Development awarded yesterday more than $2.3 million to nine fair housing organizations and non-profit agencies in Illinois to educate the public and combat housing and lending

CAR Board Members Speak Out Regarding Ethics

Let this be a warning to Realtors everywhere that everyone is watching, and while we are all busy, not staying on top of of things can create big

RE/MAX Central Merges Roselle and West Dundee Offices

RE/MAX Central in Roselle, Ill., has become one of the largest real estate offices in the northwest portion of the metropolitan Chicago real estate market, with a roster of 60 agents, as a result of a recent merger with

Obama Administration Releases February Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released yesterday the February edition of the Obama Administration’s Housing Scorecard. The latest housing figures show increased existing home sales as home affordability

Case-Shiller Co-Founder Speaks on Housing Market

As national home prices remain vulnerable, Case-Shiller Index Co-Founder and Yale Economist Robert Shiller speaks on the shaky housing

Keller Williams Realty Announces 2010 Numbers

Keller Williams Realty reported recently at its national convention that it ended 2010 with 79,315 associates, 701 offices, and associate profit share up 7.2 percent, with its agents receiving $34.6 million dollars back. Since the inception of the profit

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