News / Features

Radisson Blu Groundbreaking Ceremony Generates $25,000 for Chicago Food Depository

Executives of Carlson Hotels and Magellan Development Group recently celebrated the groundbreaking of the Radisson Blu Aqua Hotel, Chicago and a $25,000 donation to the Greater Chicago Food

Sudler to Close 3 Chicago Offices

According to www.ChicagoRealEstateDaily.com, Sudler has moved to close three city

Forbes Names Chicago Suburb one of ‘America’s Most Stable Housing Markets’

According to Forbes magazine, the Chicago suburb of La Grange Park has one of the 20 most stable real estate markets in the

National Association of Home Builders Elects Leadership for 2011

Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation during the association’s International Builders’ Show in

2010 Foreclosure Activity Increases in 72 Percent of Major Metros

RealtyTrac recently released its 2010 Year-End Metropolitan Foreclosure Market Report, which shows that foreclosure activity increased from 2009 in 149 of the nation’s 206 metropolitan areas with a population of 200,000 or more. At the same time, the metro

Google Maps to Drop Real Estate Search

By Tom Butala Google’s Earth and Maps team announced this week that they will drop the real estate listing search feature from their maps technology due to limited user

Chicago Firm Dishes out $1.6 Million for Foreclosed Condo Complex

According to www.ChicagoRealEstateDaily.com, Cedar Street Capital has acquired 29 units of a failed West Rogers Park condominium complex, with plans to operate the property as an apartment building later this

RE/MAX Reports Home Sales in Metro Chicago Have Gone Up

Home sales in the seven-county metro Chicago real estate market posted their second consecutive annual increase in 2010, with 69,187 units changing hands compared to 68,999 in 2009, a modest 0.4 percent increase, according to an analysis by the

S&P/Case-Shiller Home Price Indices Show Decline in National Home Prices

Data through November 2010, released yesterday by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, show a deceleration in the annual growth rates in 17 of the 20 MSAs and the 10- and 20-City Composites compared to what

McCaffery Interests, Inc. Announces New Company Chairman, President

McCaffery Interests, Inc., a privately owned, full-service commercial real estate company with offices in Chicago and Washington, D.C., announced yesterday a company expansion and a new chairman and

David Hilger Begins as Senior V.P. of Mortgage for Fifth Third Bank

Fifth Third Bank Chicago announced yesterday the hire of David Hilger to senior vice president of mortgage. In this role, Hilger will provide leadership and oversight to the Bank’s mortgage

Homeownership Now More Affordable Than Renting in 72 Percent of Major Metros

Trulia.com released yesterday its latest Rent vs. Buy Index which found that it is more affordable to buy than to rent a two-bedroom home in 72 percent of America’s 50 largest

BOMA/Chicago Announces Winners of 2010-2011 Gold Circle

The Building Owners and Managers Association of Chicago (BOMA/Chicago) announced the winners of the Gold Circle and “The Outstanding Building of the Year” (TOBY) Awards at its TOBY/Gold Circle Awards Gala on Sunday, January 23 in the Great Hall

HBAGC Inducts 2011 Regional Board of Directors

According to ChicagolandRealEstateForum.com, John Wozniak of Wheaton-based J. Lawrence homes has been inducted as regional president of the Home Builders Association of Greater Chicago

Married U.S. Households Account for Less Than Half in 2010

According to the U.S. Census Bureau, the amount of married households in the United States now accounts for less than half of all

December Existing-Home Sales Jump

Nationwide existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of

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