News / Features

Illinois Receives New HUD Midwest Regional Administrator

Antonio Riley was sworn in yesterday as the U.S. Department of Housing and Urban Development’s Regional Administrator for the six states in HUD’s Midwestern Region which includes Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin. As the Regional Administrator, Riley

Chicagoland Best Offices 2010

For our Best Offices issue, Chicago Agent found the most exciting places to work in the Chicagoland area. These real estate offices in both the city and the suburbs have discovered how to successfully run an office while still finding ways to have fun and keep agents on their toes. With a managing broker who knows the importance of setting the tone for the entire office, these are the places where agents have all of their professional needs fulfilled, and are able to find success regardless of the market.

Family Ties Give RE/MAX Broker Personal Stake in Aiding Children’s Memorial Hospital this Holiday Season

Dick Wilson, broker/owner of RE/MAX Associates West in Bartlett, Ill., has always encouraged the fundraising efforts that RE/MAX Northern Illinois undertakes for the benefit of Children’s Memorial Hospital in Chicago. This year, though, Wilson has a far more personal

Fannie and Freddie to Suspend Foreclosure Evictions for the Holidays

Freddie Mac and Fannie Mae, the two government-controlled mortgage entities, have announced that they will freeze all foreclosure evictions on mortgage loans they own or back from Dec. 20, 2010 through Jan.3, 2011. “If the property is occupied, our

Ask A Lender

For this issue’s Ask a Lender, Joe Burke, a vice president of mortgage lending with Guaranteed Rate, answers questions posed by Chicagoland Realtors. Q: I have spent countless hours and marketing dollars on condominium listings this year, only to

HUD Announces $11 Million in Community Development in Cook County

U.S. Housing and Urban Development Secretary Shaun Donovan today announced Cook County will receive more than $11 million to support community development. “This funding provides the building blocks needed to improve communities,” says Donovan. “Now, more than ever, these

Agencies Issue Final Appraisal and Evaluation Guidelines

The federal financial regulatory agencies issued final supervisory guidance today on sound practices by financial institutions for real estate appraisals and evaluations. Financial institutions use reliable appraisals and evaluations to determine the value of collateral for mortgages and other

Kouf Appointed Managing Broker of Prudential Rubloff – South Loop

Michael Pierson and Chris Eigel, principals of Prudential Rubloff, are pleased to announce the appointment of Wayne Kouf as Managing Broker of the firm’s South Loop office. The office is located at 80 West Harrison Street in

Zillow Rolls Out Agent Reviews and Ratings Feature

By Tom Butala Zillow.com on Wednesday rolled out a new feature, allowing users across the country to review and rate local real estate agents. With 12.5 million visitors each month, Zillow hopes the insight of former clients can provide

National Association of Realtors Predicts Strong Rebound in Pending Home Sales

Pending home sales jumped in October, showing a positive uptrend since bottoming in June, according to the National Association of Realtors. The Pending Home Sales Index,* a forward-looking indicator, rose 10.4 percent to 89.3 based on contracts signed in

Sperry Van Ness to Conduct ‘Absolute Online Real Estate Auction’ of High Visibility Retail Property in Metro Chicago Area

Sperry Van Ness Commercial Real Estate Advisors are offering a 5,563 SF Retail Building on a 32,060 SF Site with 163’ of frontage on high visibility Cicero Avenue, in Alsip, IL with a daily traffic count of 47,000 cars

Savoy Square Celebrates Grand Opening in Bronzeville

Chicago’s historic Bronzeville neighborhood has experienced a rebirth over the past decade with private and public investment fueling the creation of new housing, commercial development, schools, and parks. This afternoon, neighbors and public officials were on hand to celebrate

Windsor Lifestyles’ Helpful Services Enable Seniors to Live Independently in Their Own Homes

Homeowners who wish to remain living independently in the homes they know and love now have an invaluable resource they can turn to: Windsor Lifestyles, a company that offers helpful in-home concierge and home maintenance services to anyone in

Court Confirms Orleans Homebuilders, Inc.’s Plan of Reorganization

Orleans Homebuilders, Inc. (the “Company”, or “Orleans”) (Pink Sheets: OHBIQ.PK) and certain affiliated debtors today reported that the United States Bankruptcy Court for the District of Delaware has confirmed the company’s Modified Second Amended Joint Plan of Reorganization (the

Realtors Give Thanks to American Troops and Their Families This Holiday Season

As the holiday season approaches, the National Association of Realtors is giving thanks to American troops. NAR will provide care packages and housing assistance to support soldiers and their families here in the U.S. and abroad. Two national charities

Homes Designed for the Holidays, and All Year Long

As we are in the thick of the holiday season, many buyers who shop for a home during this time of year naturally have entertaining at the top of their mind, with visions of festive parties dancing through their

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