News / Features

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

Real Data 2011 Now Available Online

See the top chicagoland agents, brokers and deals of 2011! Chicago Agent magazine has now released the highly anticipated fourth edition of Real Data, the premiere residential reference guide in the real estate

2010: The Year of Not-So-Empty Nesters

By Tom Butala A recent study from the National Association of Realtors shows that the amount of young adults living at home is at its highest level since the early

Koenig & Strey Launches QR Code Program

Chicagoland real estate brokerage Koenig & Strey Real Living today announced an industry-leading program to use Quick Response (QR) Codes for marketing all of their listed properties. The ability to connect mobile users to a website immediately makes two-dimensional

Mansion from The Godfather for Sale

Don Vito Corleone’s mansion has been put on the market for $2.9 million. The Tudor-style home is where Francis Ford Coppola’s 1972 iconic film The Godfather was

MPC Strengthens Team with Addition of Nancy Firfer

The Metropolitan Planning Council (MPC), a Chicago-based nonprofit dedicated to shaping a more sustainable and prosperous greater metropolitan region, is pleased to announce that Nancy Firfer, former senior advisor with Chicago Metropolis 2020, and former president of the Village

FHFA Announces Plan to Find Alternatives for Mortgage Servicing Structures

By Jessica Bollman Fannie Mae and Freddie Mac have been directed to work together along with the Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) to develop an alternative plan for future mortgage

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