News / Features

More Details on Risk Retention Law Commentary

Last week the FDIC and other Federal agencies proposed risk retention rulemaking and called for public commentary. Today RISMedia revealed some more details on the

$1 Million-Plus Home Sales Jump

According to the National Association of Realtors (NAR), sales of homes valued at one million or more dollars are up from the same time last

Obama Administration Releases March Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury have released the March edition of the Obama Administration’s Housing

Four States Consider Legislation Barring Distressed Sales as Comparables

Illinois and three other states – Maryland, Missouri and Nevada – are considering legislation that would prohibit or restrict the use of distressed sales as comparable sales as a part of a residential real estate

Poll: How Many Real Estate Apps

There’s an app for just about everything, including apps for agents. How many real estate apps do you have on your phone, and which do you use the

Weekend RE

This week  in real estate, according to Chicago.Curbed.com, R. Kelly’s former Lakeview mansion (the one where the infamous sex tape was filmed) has went under contract. Curbed notes this isn’t the first time the converted 1885 church at 1010

Zillow Launches BlackBerry App

Zillow announced yesterday the launch of the Zillow BlackBerry App for Research in Motion’s BlackBerry

Airhart Begins Preconstruction Sales at Blanchard Court Townhomes in Wheaton

Airhart Construction recently opened sales at its newest community: Blanchard Court, featuring 18 low-maintenance townhomes in

Ryland Homes’ Presales for Herrington Estates in Bolingbrook Begins

In Bolingbrook, Ryland Homes’ new community, Herrington Estates, a community of single-family homes, has officially started pre-construction sales. The community is located near I-55 and falls into the school district

Realtors Urge Congress to Approach GSE Reform Slowly

The National Association of Realtors yesterday urged Congress to move cautiously when reforming government-sponsored enterprises Fannie Mae and Freddie

FHFA Reports Mortgage Interest Rates

The Federal Housing Finance Agency has reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.79 percent based on loans closed

Agencies Seek Comment on Risk Retention Proposal

Six federal agencies are seeking comment on a proposed rule that would require sponsors of asset-backed securities (ABS) to retain at least 5 percent of the credit risk of the assets underlying the securities and would not permit sponsors

Inland to Acquire Hinsdale Property from Fraudulent Developer

Oak Brook-based Inland Real Estate Group plans to acquire a Hinsdale residential development. The original owner was accused of a Ponzi

Monthly Foreclosure Starts Drop

According to February month-end data from Lender Processing Services (LPS), the amount of foreclosure starts last month was at its lowest level since November of

MRED and Workforce Resource Announce Down Payment Assistance Initiative

Midwest Real Estate Data LLC (MRED) and Workforce Resource, LLC (WFR) announced yesterday that the organizations have entered into a contract to integrate WFR’s Down Payment Resource product with MRED’s listing

Dream Town Has Highest Percentage of CAR Top Producers in Chicago

Agents from Dream Town Realty were recognized last Thursday night at the annual Chicago Association of Realtors’ awards ceremony. In all, 18 percent of Dream Town’s agents received Top Producer honors, the highest percentage of any brokerage in

New Subscribe

  • This field is for validation purposes and should be left unchanged.