News / Features

Remodelers Expect Market Gains During 2011

The latest National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) edged up to 41.5 in the fourth quarter of 2010, compared to 40.8 in the third quarter. An RMI below 50 indicates that more remodelers say market

FHFA Proposes Rule on Private Transfer Fees

FHFA this week sent a proposed rule to the Federal Register to begin formal rulemaking on private transfer

Michigan Avenue Real Estate Group Launches San Antonio Office

According to BizJournals.com, Illinois-based Michigan Avenue Real Estate Group has opened a new asset-management office in San

Zillow and Yahoo! Real Estate Combine Forces

Zillow.com and Yahoo! Real Estate launched yesterday an exclusive partnership that brings together the two sites and creates the largest real estate network on the web, according to

Jones Lang LaSalle Predicts Super Bowl XLV

Forget win-loss records, quarterback ratings and total yardage tallies: the winner of Sunday’s Super Bowl XLV showdown can be predicted most accurately by analyzing the prevailing commercial real estate climate in the opposing teams’

comScore Report Reveals Online Real Estate Trends

According to a recent report from comScore, online real estate site Trulia has the highest concentration of first-time homebuyers among top real estate search

National Pending Home Sales Continue Uptrend

Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of

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

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