News / Features

Builder Confidence Improves Slightly in November

Builder confidence in the market for newly built, single-family homes improved slightly in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI rose one notch to 16 from a downwardly

Beware of the Latest Foreclosure Rescue Scam, Loan Audits

When the mortgage crisis hit American homeowners full-force, companies offering “foreclosure rescue” and “loan modification” sprouted like weeds. Most promised troubled homeowners quick fixes for high fees, and failed to deliver after collecting their money, leaving families poorer and

Consumer Mortgage Bureau Announces New Designation Programs

The Consumer Mortgage Bureau has developed two new designation programs to define the Mortgage Industry in the wake of the S.A.F.E. Mortgage Licensing Act of 2008: the Registered Mortgage Professional (RMP) and the Licensed Mortgage Professional (LMP). On July

Third Quarter Metro Area Home Prices Hold During Post-Credit Sales Decline

Fully half of metropolitan areas tracked in the third quarter continued to show modest home price increases from a year ago, despite a sharp decline in home sales after the deadline for the home buyer tax credit, according to

Council of Residential Specialists Installs Its 2011 Leadership Team

The Council of Residential Specialists inducted its 2011 leadership team during its inaugural dinner and awards ceremony on Nov. 6, 2010, in New Orleans during the National Association of Realtors Conference & Expo. Frank Serio, CRS, CRS, CRB, Mark

Who Will Get Your Mayoral Vote?

On Feb. 22, Chicago residents be able to cast their vote for the new mayor of Chicago. However, based on what you know right now, we want to hear who Realtors will be voting for when the time comes.

Commission Considers Limiting Mortgage Tax Deductions

by Zipporah Porton One of the biggest incentives for homeownership right now is the subsequent tax deduction. However, a new reform might eliminate this opportunity. The National Commission on Fiscal Responsibility and Reform, a bipartisan commission President Obama created

Real Estate Survey Finds Trend In College Towns – Evanston Ranks Among The Most Expensive

Every fall, parents wave goodbye as their college-bound kids pack up their belongings, make the drive down university lane and prepare for football games, mid-terms and freedom. While college living is often associated with dorms and campus housing, Coldwell

Don’t Forget About Our Veterans – And VA Loans!

Veterans Day is an annual U.S. holiday for honoring our military veterans. The federal holiday is observed on Nov. 11 every year, and is also known as Armistice Day or Remembrance day throughout the world. The date is significant,

SoNo Condominiums in Chicago Nears Closeout With 15 Units Remaining

As the only new high-rise in its neighborhood and one of the only new-construction condominium towers in Chicago to successfully emerge from the housing downturn, SoNo stands out both literally and figuratively. Now, the 199-unit development, with the distinctive

Orleans Homebuilders Selects George E. Casey, Jr. To Lead the Company

Orleans Homebuilders, Inc. announced that George E. Casey, Jr. has been selected to lead the Company as it completes its financial reorganization and emerges from Chapter 11, targeted for year-end. Casey will function initially as a special advisor to

Chicago Broker Recognized for Office Growth at International Convention

Nick Libert joined real estate professionals from all over North America recently at the EXIT Realty International Convention at Hyatt Regency in Dallas, Texas and received recognition onstage for growing his office from 8 agents to over 30 in

Foreclosure Defense Group Gives Homeowners Legal Muscle to Keep Their Homes

Financially challenged homeowners who are at risk of losing their homes can now rely on The Foreclosure Defense Group (FDG), a Rosemont, Ill.-based firm that matches clients to attorneys who can fight lenders in court and work to completely

Designs for Dignity 2010 Kitchen Walk Raises $50,000

The 2010 Annual Kitchen Walk benefiting Designs for Dignity (d4d), raised more than $50,000 and was attended by 350 guests who experienced a day of culinary delight in Harbor Country, Mich. on Oct. 16. The afternoon extravaganza showcased innovative

Oak Brook Homes on Display During Hinsdale Center for the Arts Holiday Home Tour

Boughs of holly won’t be the only colorful décor decking the halls of four distinctive Oak Brook homes soon to be on public display. Indeed, visitors who partake in the seventh annual Hinsdale Center for the Arts Holiday Home

Association of Foreclosure Defense Attorneys Established to Help Chicago-Area Homeowners

A group of Chicago-area lawyers concentrating in real estate practice has formed the Association of Foreclosure Defense Attorneys to share information and better help clients facing questionable foreclosures. The association is the first of its kind in Illinois. The

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