News / Features

Panduit Wins Excellence in Engineering Award for New World Headquarters Building

Panduit Corp., a global leader in Unified Physical Infrastructure (UPI) based solutions, was awarded ASHRAE’s Illinois Chapter’s Excellence in Engineering award for their incorporation of sustainable design elements in its new World Headquarters building. The award honors the most

Former Montana Property of Unabomber Ted Kaczynski Listed

By Tom Butala Northwest National Real Estate has boasted the opportunity to  “own a piece of infamous U.S. history” in their listing of the former residence of Unabomber Ted

FHA Issues Guidance for Reverse Mortgage Borrowers

The Federal Housing Administration (FHA) yesterday released guidance to homeowners and lenders that use the reverse mortgage or Home Equity Conversion Mortgage (HECM) program and are dealing with outstanding property taxes and unpaid hazard insurance premiums. FHA’s guidance is

Matanky Realty Group is Proud to be Awarded the Exclusive Right to Lease 5155 S. Cottage Grove

Matanky Realty Group is proud to announce the exclusive leasing agreement for the light industrial building at 5155 S. Cottage Grove, Chicago, Ill. Currently occupied by Hyde Park Self Storage Inc., there are only two spaces left in this

Pending Home Sales Continue Recovery

Pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of Realtors. The Pending Home Sales Index,* a forward-looking indicator, rose 3.5

OwnACondo.com Holiday Food Drive Benefits Northern Illinois Food Bank and South Suburban PADS

With the holidays at hand and the needy in mind, OwnACondo.com and RealEstateAuctions.com took part in the 2010 Food Drive sponsored by the Mainstreet Organization of Realtors (MORe). “The need for food by families and individuals around Chicagoland is

Sandra Bullock Named Most Desirable Celebrity Neighbor for 2011

U.S. adults would most like to be neighbors with Sandra Bullock in 2011, according to the fourth annual Zillow Celebrity Neighbor Survey. The survey asked U.S. adults which celebrities and politicians they would most like to be their neighbor,

National Association of Realtors Reflects on 2010

2010 was a year of real estate contrasts. While many consumers took advantage of historic buying opportunities and the market saw a gradual stabilization of sales and prices, other challenges facing the nation led some to question the value

Miami-Based Crescent Heights Inc. Purchases Stake in South Loop Tower

According to ChicagoRealEstateDaily.com, Miami-based developer Crescent Heights Inc. has purchased a major stake in the South Loop’s Astoria

Obama Administration Releases December Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration’s Housing Scorecard. The latest housing figures show continued home affordability in the housing market,

Illinois Median Home Price Remains Stable Three Straight Months

According to the Illinois Association of Realtors’ latest report, statewide total home sales (single family and condominiums) were down 3.5 percent year-to-date January through November 2010 with 95,973 home sales posted compared to 99,494 home sales for the same

Homeowners Recoup More with Exterior Replacement Projects

As part of the 2010-11 Remodeling Cost vs. Value Report, the National Association of Realtors recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of

2011 Predictions From Industry Experts

Throughout the country, everyone has an opinion about the housing market and where it is heading. From unemployment rates to consumer confidence, the different stats, figures and charts can be overwhelming. To help make the future appear clearer, we

U.S. Housing Market Shows 23 Percent Year-Over-Year Rise in National Price Reductions

Trulia.com has released its December price reduction report for the U.S. housing market. Nationally, the number of listings with at least one price cut grew by 23 percent, from 22 percent in December 2009 to 27 percent in December

2011 Predictions From Industry Experts – Cliff Perotti

Cliff Perotti: CEO, Sudler Sotheby’s International Realty Name three people/businesses that you are watching in 2011. Lanny Baker, CEO, ZipRealty Lanny just took over this post as CEO (he was the former CFO). He is faced with an organization that,

Mitch Levinson Named to Board of Home Builders Association of Greater Chicago

Mitch Levinson, managing partner of mRELEVANCE, an Internet marketing, social media and public relations firm, has been selected to serve on the Board of Directors of the Home Builders Association of Greater Chicago (HBAGC) in 2011. The installation will

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