Local and national Headlines on the Real Estate Market in Chicago and related topics.

For a more in depth review of current news headlines, see the following sources:



Thursday as of Feb. 26 9:00 PM CST Chicago, IL Weather from Weather UndergroundPublished on February 27, 2015, 3:00 am
Thursday - Overcast with snow showers. High of 23F with a windchill as low as 3F. Breezy. Winds from the NNE at 15 to 20 mph. Chance of snow 100% with accumulations up to 1 in. possible.
Wind Chill Advisory - Expires: 9:00 AM CST Chicago, IL Weather from Weather UndergroundPublished on February 27, 2015, 12:44 am
Wind Chill Advisory for Cook County in effect until 9:00 AM CST on February 27, 2015
Bears' Matt Forte lists Mettawa mansion for $1.6 million Real Estate News from ChicagoTribune.comPublished on February 26, 2015, 9:14 pm
Chicago Bears running back Matt Forte last week listed his five-bedroom, 6,062-square-foot mansion in north suburban Mettawa for $1.6 million.






Sears Aims for REIT Spinoff by June GlobeSt.comPublished on February 26, 2015, 6:30 pm
HOFFMAN ESTATES, IL--The beleaguered retailer expects proceeds of more than $2 billion from the sale of some of its Sears and Kmart stores to the standalone REIT.
A land trust whose beneficiary hasn't been disclosed paid $11 million over the past several months to buy two houses on the same lakefront block in Wilmette.






Chicago Industrial Sales Activity Increasing GlobeSt.comPublished on February 26, 2015, 5:18 am
CHICAGO--The search for high quality industrial space is competitive because vacancy rates are the lowest they have been since 2009.
Special Statement - Expires: 3:00 AM CST Chicago, IL Weather from Weather UndergroundPublished on February 26, 2015, 5:02 am
Special Statement for Cook County in effect until 3:00 AM CST on February 26, 2015
Streeterville penthouse to list for $12.9 million Real Estate News from ChicagoTribune.comPublished on February 25, 2015, 7:27 pm
A two-story, 9,300-square-foot penthouse condominium in Streeterville is about to come on the market for $12.9 million, which will make it one of the highest-priced condo listings in the city.






New Residential Sales U.S. Census Bureau Economic Briefing RoomPublished on February 25, 2015, 10:02 am
Sales of new single-family houses in January 2015 were at a seasonally adjusted annual rate of 481,000. This is 0.2 percent (+/- 22.2%)* below the revised December 2014 estimate of 482,000.

January 2015: -0.2* % change
December 2014 (r): +8.1* % change

First Industrial Reports Boost in Occupancy GlobeSt.comPublished on February 25, 2015, 8:02 am
CHICAGO--The increasing strength of the nation's industrial economy boosted the fortunes of First Industrial, and 2015 promises more of the same.
Creamery Restaurants on the Auction Block GlobeSt.comPublished on February 25, 2015, 6:25 am
CHICAGO--Online auctions have become more popular, but this will be a traditional live open bidding process.
A Chicago Masterpiece Rediscovered GlobeSt.comPublished on February 25, 2015, 3:56 am
CHICAGO--Jennifer N. Pritzker was looking for a home for the Pritzker Museum, and decided to revive a historic CBD tower that had fallen to class C status.
Case-Shiller Chicago Index Finishes 2014 Up 1.4% Chicago WirePublished on February 24, 2015, 3:13 pm
... Markets do vary by location, price range and housing types. For more market statistics see my other Chicago Real Estate Market articles. For more information on the indices see S&P/Case-Shiller Home Price Indices . Fran Bailey is a Realtor who has ...
Kerry Wood lists Lincoln Park mansion for $3.6 million Real Estate News from ChicagoTribune.comPublished on February 24, 2015, 2:47 pm
Retired Chicago Cubs pitcher Kerry Wood and his wife on Monday placed their five-bedroom, Beaux Arts-style mansion in Lincoln Park on the market for $3.595 million.






Kerry Wood lists Lincoln Park mansion for $3.6 million Real Estate News from ChicagoTribune.comPublished on February 24, 2015, 2:47 pm
Retired Chicago Cubs pitcher Kerry Wood and his wife on Monday placed their five-bedroom, Beaux Arts-style mansion in Lincoln Park on the market for $3.595 million.






Home prices gain, but recovery is 'faltering' Home mortgage rates and real estate news - CNNMoney.comPublished on February 24, 2015, 2:01 pm
Home prices climbed 4.5% in 2014, according to the closely-watched S&P Case/Shiller index of prices in 20 major U.S. cities.
What you need to earn to buy a home in 27 cities Home mortgage rates and real estate news - CNNMoney.comPublished on February 24, 2015, 12:58 pm
To afford a home in Pittsburgh, you'll need to earn just under $32,000 a year. But if you want a place of your own in San Francisco, you'll need to earn more than four times that amount.
Mesa West Provides $68M for 311 Monroe GlobeSt.comPublished on February 24, 2015, 6:52 am
CHICAGO--The joint venture of GlenStar and Prudential plan to reposition the building with a big capital plan.
Home Prices Start Year with Big Gain GlobeSt.comPublished on February 24, 2015, 1:41 am
CHICAGO--The number of homes sold declined again, and realtors attribute this in part to the decline in foreclosure sales.
Inland Am. Appoints Borden as Interim Chair GlobeSt.comPublished on February 23, 2015, 7:30 am
CHICAGO--Two board members, including chairman Robert D. Parks, have retired, and the company has brought on a search firm to find replacements.
Missner Completes Continental Rehab GlobeSt.comPublished on February 23, 2015, 6:15 am
CHICAGO--In this UPDATE , the first phase of an $8 million project to reposition the suburban buildings has been completed.
DCT Launching New O'Hare Spec GlobeSt.comPublished on February 23, 2015, 4:21 am
CHICAGO--The vacancy rate around the airport has sunk to a historic low, and developers have moved in to increase supply.
Lee & Assoc. Gets New Retail Leader GlobeSt.comPublished on February 23, 2015, 3:09 am
CHICAGO--Rick Scardino has just taken over as national director of retail and plans to start a board of Lee retail brokers from around the country.
In this 2011 file photo, John Maloof, left, uses a computer to digitally processes negatives taken by Vivian Maier at his home in Chicago, helped by Tony Ryzdon.
No dogs allowed: San Francisco's pet housing crisis Home mortgage rates and real estate news - CNNMoney.comPublished on February 21, 2015, 12:55 am
The housing crunch in San Francisco isn't just forcing out lower income renters, it's forcing out Fido, too. According to San Francisco animal welfare nonprofit SF SPCA, there's been a surge in owners abandoning their pets due to an inability to find pet-friendly housing.
Photos by nanny, focus of film up for Oscar, in legal limbo Chicago Real Estate on Yahoo! NewsPublished on February 20, 2015, 11:25 pm
CHICAGO (AP) — A messy legal fight over copyrights to streetscape photos shot by a Chicago nanny whose life is chronicled in "Finding Vivian Maier," which is nominated for an Oscar on Sunday, threatens to slow or even stop new releases of her once-unknown work that has become a sensation only after her death.
Vivian Maier, subject of an Academy Award-nominated film, has been posthumously recognized as a remarkable photographer. But who owns the copyright to her work?
CHICAGO (AP) - A messy legal fight over copyrights to streetscape photos shot by a Chicago nanny whose life is chronicled in "Finding Vivian Maier," which is nominated for an Oscar on Sunday, threatens to slow or even stop new releases of her once-unknown work that has become a sensation only after her death.
A messy legal fight over copyrights to streetscape photos shot by a Chicago nanny whose life is chronicled in "Finding Vivian Maier," which is nominated for an Oscar on Sunday, threatens to slow or even stop new releases of her once-unknown work that has become a sensation only after her death. The enigmatic Maier died penniless five years ago with no will, no obvious heirs and no inkling that ...
How to buy a home when you can't afford it Home mortgage rates and real estate news - CNNMoney.comPublished on February 20, 2015, 5:29 pm
Read full story for latest details.
Habeeb Named CEO of First Hospitality GlobeSt.comPublished on February 20, 2015, 6:44 am
CHICAGO--Founder, chairman and current chief executive officer Stephen L. Schwartz will continue as chairman of the Rosemont, IL-based firm.
Enwave to Sell Critical CBD Facility GlobeSt.comPublished on February 20, 2015, 4:12 am
CHICAGO--The four-story building provides more than 100 commercial buildings throughout the Loop with chilled-water cooling services.
Citadel founder and billionaire Ken Griffin, Illinois' richest man, has slimmed his residential property portfolio by one, fetching $1.3 million Feb. 13 for a three-bedroom, 2,494-square-foot condo that he long had owned in the Four Seasons hotel building on North Michigan Avenue.






Company invests $5 million in E.C. property Chicago Real Estate on Yahoo! NewsPublished on February 19, 2015, 7:45 pm
EAST CHICAGO | Real estate development and holding company Chrome LLC has purchased 29 acres at 3600 Michigan Ave., investing $5 million to renovate the property for future manufacturing businesses.
Luxury New York apartment accepts 'poor door' applications Home mortgage rates and real estate news - CNNMoney.comPublished on February 19, 2015, 5:17 pm
A luxury apartment building in Manhattan has 55 affordable apartments for rent, along side multi-million dollar condos. Renters enter through a separate entrance.
Water Tower unit once owned by former CBOT chairman is sold Real Estate News from ChicagoTribune.comPublished on February 18, 2015, 8:11 pm
A 52nd-floor condominium in Water Tower Place that former CBOT Chairman Patrick Arbor had once owned was sold by his son last month for $1.05 million.






Ex-Bear Rashied Davis sells house in Mundelein Real Estate News from ChicagoTribune.comPublished on February 18, 2015, 7:42 pm
Former Chicago Bears wide receiver Rashied Davis has sold his three-bedroom half-duplex in Mundelein for $205,000.






Former Chicago Bears center Mike Pyle selling house Real Estate News from ChicagoTribune.comPublished on February 18, 2015, 6:38 pm
Former Chicago Bears center Mike Pyle, who was the center and captain of the Bears' 1963 NFL championship team, and his wife, Candy, have a contract to sell their three-bedroom, ranch-style house in Glenview. It's been on the market for $739,000.






New Residential Construction U.S. Census Bureau Economic Briefing RoomPublished on February 18, 2015, 8:31 am
Privately-owned housing starts in January 2015 were at a seasonally adjusted annual rate of 1,065,000. This is 2.0 percent (+/- 10.4%)* below the revised December 2014 estimate of 1,087,000.

January 2015: -2.0* % change
December 2014 (r): +7.1* % change

Nasca Joins Greystone as Managing Director GlobeSt.comPublished on February 18, 2015, 7:07 am
CHICAGO--Nasca has a great deal of experience in the central states region, and Greystone officials say this will help in Texas, where there is an increased demand for CMBS lending.
Hotel Renovations Continuing at Quick Pace GlobeSt.comPublished on February 18, 2015, 6:09 am
CHICAGO--The end of the recession has boosted the hotel renovation business as operators scramble to satisfy their brands' desire to see upgrades.
Low down payments make a comeback Home mortgage rates and real estate news - CNNMoney.comPublished on February 17, 2015, 5:55 pm
Read full story for latest details.
One of Southern California's most luxurious resorts, the Montage Laguna Beach, has been bought for $360 million by a Chicago real estate investment trust in one of the priciest hotel deals in years.
Luxury hotels such as the Montage Laguna Beach that endured the downturn are now thriving, making them appealing targets for investors. The resort sold last month.
Is ending segregation key to ending poverty? Home mortgage rates and real estate news - CNNMoney.comPublished on February 14, 2015, 12:21 am
Chicago's experiment in relocating poor African American families to rich white suburbs seems to be a success. So why are so few other cities doing the same?
Manufacturing and Trade Inventories and Sales U.S. Census Bureau Economic Briefing RoomPublished on February 12, 2015, 10:02 am
U.S. total business end-of-month inventories for December 2014 were $1,764.4 billion, up 0.1 percent (+/- 0.2%)* from last month. U.S. total business sales were $1,331.2 billion, down 0.9 percent (+/-0.2%) from last month.

December 2014: +0.1* % change in Inventories
November 2014 (r): +0.2 % change in Inventories

Advance Monthly Sales for Retail and Food Services U.S. Census Bureau Economic Briefing RoomPublished on February 12, 2015, 8:34 am
U.S. retail and food services sales for January were $439.8 billion, a decrease of 0.8 percent (+/-0.5%) from the previous month.

January 2015: -0.8 % change
December 2014 (r): -0.9 % change

Ch. 5's Rob Stafford relists house for $1.7 million Real Estate News from ChicagoTribune.comPublished on February 11, 2015, 8:35 pm
WMAQ-Ch. 5 news anchor Rob Stafford relisted his five-bedroom house in Hinsdale for $1.7 million late last month.






Vince Vaughn cuts asking price for Palmolive penthouse Real Estate News from ChicagoTribune.comPublished on February 11, 2015, 8:30 pm
Actor Vince Vaughn has reduced the price further on his five-bedroom, 12,000-square-foot triplex penthouse in the Palmolive Building on North Michigan Avenue, dropping his asking price late Sunday by $1 million to $13.9 million.






There is no gift that says "together forever" like a cheap plot of land and an obligation to live there together for at least five years.
Joan Rivers' lavish penthouse for sale for $28 million Home mortgage rates and real estate news - CNNMoney.comPublished on February 9, 2015, 10:01 pm
The lavish New York City condo that was home to the late comedian Joan Rivers for 25 years was put on the market Monday for $28 million.
In Boulder, fear of a bigger Google Home mortgage rates and real estate news - CNNMoney.comPublished on February 9, 2015, 6:11 pm
Adding 1,000 new tech jobs is great, unless it leads to skyrocketing home prices and traffic congestion.
Russian homeowners ask Putin for help Home mortgage rates and real estate news - CNNMoney.comPublished on February 9, 2015, 4:47 pm
Russian foreign-denominated mortgage holders sent a letter to President Vladimir Putin asking for help as ruble loses nearly half of its value in just six months.
Buying a home is easier if you're white Home mortgage rates and real estate news - CNNMoney.comPublished on February 9, 2015, 3:18 pm
Black and Hispanic borrowers who apply for a conventional mortgage are denied twice as often as whites who apply for the same loans, according to Zillow.
Condos Near Whole Foods in Streeterville Chicago WirePublished on February 9, 2015, 7:20 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Millennials not quite ready to start buying homes Home mortgage rates and real estate news - CNNMoney.comPublished on February 7, 2015, 1:11 am
Read full story for latest details.
Where zombie foreclosures are making a comeback Home mortgage rates and real estate news - CNNMoney.comPublished on February 6, 2015, 5:44 pm
While the number of zombie foreclosures has fallen from last year, 19 states have seen a resurgence, a recent RealtyTrac report found.
U.S. International Trade in Goods and Services U.S. Census Bureau Economic Briefing RoomPublished on February 5, 2015, 8:32 am
The Nation's international trade balance in goods and services decreased to -$46.6 billion in December from -$39.8 billion in November (revised), as imports increased and exports decreased.

December 2014: -46.6° $ billion
November 2014 (r): -39.8° $ billion

Former Bulls guard Ben Gordon sells Northbrook house Real Estate News from ChicagoTribune.comPublished on February 4, 2015, 9:09 pm
Former Chicago Bulls guard Ben Gordon, who plays for the Orlando Magic, has sold his three-bedroom, 2,400-square-foot town house in Northbrook for just over $417,000.






Michael Polsky sells second penthouse Real Estate News from ChicagoTribune.comPublished on February 4, 2015, 9:09 pm
Invenergy President and CEO Michael Polsky has sold a second downtown penthouse, a three-bedroom, 4,150-square-foot unit on the 27th floor of a River North tower, for $1.9 million.






Where the super rich are buying homes Home mortgage rates and real estate news - CNNMoney.comPublished on February 4, 2015, 3:30 pm
The United States is the top destination for those worth more than $30 million buying residential property valued at a million or more, according to a report from Wealth-X and Sotheby's International Reality.
Manufacturers' Shipments, Inventories, and Orders U.S. Census Bureau Economic Briefing RoomPublished on February 3, 2015, 10:07 am
New orders for manufactured goods in December decreased $16.4 billion or 3.4 percent to $471.5 billion.

December 2014: -3.4° % change
November 2014 (r): -1.7° % change

What will your monthly mortgage payment be? Home mortgage rates and real estate news - CNNMoney.comPublished on February 2, 2015, 3:53 pm
In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.
There's all kind of talk about Julián Castro's political future. For now, the 39-year-old HUD secretary is pushing policies he says will help the middle class get homes.
Construction Spending U.S. Census Bureau Economic Briefing RoomPublished on February 2, 2015, 10:03 am
Total construction activity for December 2014 ($982.1 billion) was 0.4 percent (+/-1.3%)* above the revised November 2014 ($978.6 billion).

December 2014: +0.4* % change
November 2014 (r): -0.2* % change

Homeownership Rate U.S. Census Bureau Economic Briefing RoomPublished on January 29, 2015, 10:22 am

The homeownership rate in the fourth quarter 2014 was 64.0 percent, down 1.2 (+/- 0.4) percentage points from the fourth quarter 2013 rate of 65.2 percent. The homeownership rates in the Northeast, Midwest and South were lower than the rates in the fourth quarter 2013, while the rate in the West was not statistically different from the rate a year ago.

4th Qtr 2014: +64.0 percent
4th Qtr 2013: +65.2 percent

Alternative-energy executive Michael Polsky has sold his never-occupied, 4,100-square-foot, full-floor penthouse in the Loop's Metropolitan Tower for $1.06 million.






Lucien Lagrange buys loft condo for $355,000 Real Estate News from ChicagoTribune.comPublished on January 28, 2015, 6:32 pm
Architect Lucien Lagrange, who is known for designing a raft of luxury residential real estate projects in downtown Chicago, has paid $355,000 for a loft condo in River North.






Qatar buys London's banking district Home mortgage rates and real estate news - CNNMoney.comPublished on January 28, 2015, 2:02 pm
Qatar has added to its bulging portfolio of prime London real estate by clinching a deal to buy Canary Wharf, home to several skyscrapers housing the city's biggest banks.
The luxury home segment in the seven-county metropolitan Chicago real estate market moved to higher ground in 2014. Both total transactions and the median sales price increased, according to the RE/MAX Luxury Report on Metro Chicago Real Estate, a periodic analysis of $1-million-plus home sales in Cook, DuPage, Kane, Kendall, Lake, McHenry and Will counties.
Chicago Bears running back Matt Forte has paid more than $4 million for a five-bedroom, 9,000-square-foot mansion in Chicago's River North neighborhood.






... Markets do vary by location, price range and housing types. For more market statistics see my other Chicago Real Estate Market articles. For more information on the indices see S&P/Case-Shiller Home Price Indices . You are here: Home >> Chicago ...
Home prices grow at slower pace Home mortgage rates and real estate news - CNNMoney.comPublished on January 27, 2015, 3:14 pm
The Case-Shiller index of home prices in major U.S. cities shows a continued slowdown, raising concerns about the housing market for 2015.
The luxury home segment in the seven-county metropolitan Chicago real estate market moved to higher ground in 2014. Both total transactions and the median sales price increased, according to the RE/MAX Luxury Report on Metro Chicago Real Estate.
Dawn Clark Netsch's home sells for $1.65 million Real Estate News from ChicagoTribune.comPublished on January 21, 2015, 8:00 am
The two-bedroom, 2,964-square-foot contemporary-style house in Old Town that was the longtime home of Dawn Clark Netsch, the late attorney and onetime Illinois state senator, state comptroller and 1994 gubernatorial candidate, sold late last month for $1.65 million.






Restaurateur Jerry Kleiner sells home for $2.35 million Real Estate News from ChicagoTribune.comPublished on January 19, 2015, 6:28 pm
Restaurateur Jerry Kleiner last week sold his four-bedroom, 9,400-square-foot West Town home for $2.35 million nearly four years after listing it.






Former professional racing cyclist Christian Vande Velde has listed his five-bedroom, 8,000-square-foot ranch-style house in Lemont for $950,000.






... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Talk show host Steve Wilkos sells Park Ridge house Real Estate News from ChicagoTribune.comPublished on January 7, 2015, 9:13 pm
Steve Wilkos, the onetime Chicago cop who parlayed his work as the onstage director of security for "The Jerry Springer Show" into his own national daytime talk show, has sold his two-story, Prairie-style house in Park Ridge for $750,000.






In addition to doing daily quick hits and updates on new developments, we often reflect on major events, changes and happenings through maps , feature posts and tours . And while a map of highrises currently under construction may not get as many views as say photos of Jonathan Toews' new Lincoln Park home , these items are crucial for anyone looking to get the bigger picture of the Chicago real estate scene.
Billionaire CEO Ken Griffin , leader of the global asset management company Citadel, is doing some end-of-year asset managing of his own, snapping up the entire 37th floor of the Waldorf Astoria building for $13.3M , the Tribune reports . Griffin's big residential buy ranks second in stratospheric Chicago real estate sales for 2014, behind Sanjay Shah's $17M Trump Tower penthouse purchase , but hopefully his two full-floor penthouses in the nearby Park Tower serve as consolation.
... Markets do vary by location, price range and housing types. For more market statistics see my other Chicago Real Estate Market articles. For more information on the indices see S&P/Case-Shiller Home Price Indices . Fran Bailey is a Realtor who has ...
Chicago real estate's strong year hit another high mark when Related Midwest parted with the OneEleven building on Wacker Drive for $333M just six months after opening . This is record-shattering big, Michael Phelps-at-the-Olympics big.
Julián Castro Statement on HUD FY2015 Budget HUD Press ReleasesPublished on December 17, 2014, 12:07 pm
WASHINGTON - U.S. Housing and Urban Development Secretary Julián Castro today issued the following statement in response to President Obama signing the Consolidated and Further Continuing Appropriations Act, 2015. HUD's $45 billion budget allows the Department to support the individuals and organizations that we currently serve, but also limits HUD's ability to help some new families reach the middle class or pursue their dream of homeownership.
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for November 2014.
Water Main Break Closes HUD Headquarters Tuesday Afternoon HUD Press ReleasesPublished on December 16, 2014, 12:07 pm
The Weaver Building in Washington D.C. is closed immediately because of a water main break. The building should be reopened tomorrow, however, should circumstances prevent the building from opening, employees should call (866) 463-6483, check the local news or hud.gov for the building status on Wednesday, December 17, 2014.
Trump Tower Chicago Prices Most Extreme Chicago WirePublished on December 15, 2014, 6:08 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Construction underway on new South Loop apartment tower Chicago WirePublished on December 12, 2014, 7:43 am
Crain's Chicago Real Estate Daily reported yesterday that Golub & Co had begun construction on its new 397-unit, 41-story apartment tower at 1001 S State in the South Loop . I was in the area and stopped by for an updated look at the site.
Quarterly Services Survey U.S. Census Bureau Economic Briefing RoomPublished on December 10, 2014, 10:01 am
U.S. Information sector revenue for the third quarter of 2014, adjusted for seasonal variation but not for price changes, was $336.5 billion, an increase of 1.0 percent (+/- 0.8%) from the second quarter of 2014.

3rd Qtr 2014: +1.0 % change
2nd Qtr 2014 (r): +0.8* % change

Manufacturing corporations' seasonally adjusted after-tax profits were $166.2 billion for the third quarter of 2014, up $12.6 (+/- 0.4) billion from second quarter of 2014.

3rd Qtr 2014: +12.6 $ billion
2nd Qtr 2014 (r): +14.6 $ billion

Large condo prices rise 2x smaller condo prices in Q3 Chicago WirePublished on December 8, 2014, 7:35 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Will Bush Temple apartments be micro or crazy huge? Chicago WirePublished on December 2, 2014, 6:58 am
... as 90 square feet, a recently-adopted ordinance requires a minimum of 220 square feet. In that context Chicago Real Estate Daily 's opening paragraphs on the sale of the landmark Bush Temple of Music building on Chicago Ave, several blocks south of ...
118 E Erie St condos for sale Chicago WirePublished on December 1, 2014, 2:01 pm
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
111 E Erie St condos for sale Chicago WirePublished on December 1, 2014, 7:05 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Case-Shiller Chicago Index Continues Small Gains Chicago WirePublished on November 25, 2014, 4:49 pm
... Markets do vary by location, price range and housing types. For more market statistics see my other Chicago Real Estate Market articles. For more information on the indices see S&P/Case-Shiller Home Price Indices . Fran Bailey, Realtor Baird & ...
Chicago MLS Listings - 2.4% Not on Internet Chicago WirePublished on November 17, 2014, 6:56 am
... on MLS listings that don't display on some of the national real estate portals search homes for sale on Chicago real estate sites that get their data from the MLS. Not only are there more Chicago MLS listings, but the data may be updated faster. ...
2013 Characteristics of New Housing U.S. Census Bureau News - HousingPublished on June 2, 2014, 8:14 pm
Using data collected by the U.S. Census Bureau's Survey of Construction, this report provides annual statistics on the characteristics of new privately owned residential structures in the four U.S. regions. The report includes characteristics such as the number of bedrooms and bathrooms, the type of exterior wall material, the buyer's ...
2013 Housing Vacancy Survey Annual Statistics U.S. Census Bureau News - HousingPublished on February 27, 2014, 2:56 pm
These statistics provide vacancy rates, homeownership rates and characteristics of units available for occupancy for the U.S., regions, states and the 75 largest metropolitan statistical areas. Data for all geographies are available both quarterly and annually. Homeownership rates are also tabulated by age of householder for the U.S. and regions ...
Real Estate Markets in Illinois and Chicago Remain in Crisis ... the housing crisis brought on by the 2008 collapse of real estate prices continues to ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic; Feedback; Maps & Directions; ... a Chicago real estate developer and fast-food ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic; Feedback; ... a Chicago real estate developer and fast-food ...
Real estate 87-year-old woman loses to Donald Trump in civil case; target Reuters sources: Other US retailers victims of cyberattacks; detroit-auto-show ...
Michael Jordan's custom home up for auction - NBC News.com Chicago Real Estate on MSNBC.comPublished on January 4, 2014, 11:48 am
Real estate Michael Jordan's custom home up for auction; gmo Original Cheerios to go GMO-free; light-bulbs Stockpilers take dim view of new bulb ban
A new housing brief from the U.S. Census Bureau shows that median home values in many small counties across the nation held steady after the most recent recession, while values in large counties declined. These findings come from the Census Bureau’s brief, Home Value and Homeownership Rates: Recession and ...
Los propietarios de viviendas en el área metropolitana de Atlanta-Sandy Springs-Marietta, Georgia, pagaron una mediana de $149,000 por sus viviendas, según una reseña de la Encuesta sobre la Vivienda Estadounidense 2011 que se dio a conocer hoy. La mediana del precio de compra de las viviendas construidas en los últimos ...
Los propietarios de viviendas en el área metropolitana de Riverside-San Bernardino-Ontario, California, pagaron una mediana de $171,000 por sus viviendas, según una reseña de la Encuesta sobre la Vivienda Estadounidense 2011 que se dio a conocer hoy. La mediana del precio de compra de las viviendas construidas en los últimos ...
The nation's elementary-secondary public school systems spent an average of $10,615 per pupil in fiscal year 2010, up 1.1 percent from the previous year, according to statistics released today by the U.S. Census Bureau. District of Columbia public schools spent $18,667 per student in 2010, which is the most of ...
<b>Chicago</b>, IL news from nbcchicago.com- msnbc.com Chicago Real Estate on MSNBC.comPublished on April 4, 2012, 2:10 pm
Chicago, IL news from nbcchicago.com Skip navigation. Jump to story headline. MSN ... Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic;
Five Misconceptions about Buying a New-Construction Home HousingNewswire.com: Chicago housing newsPublished on February 17, 2012, 10:49 am
Feb. 17, 2012. If you are in the market to buy a home this spring, Wheaton-based J. Lawrence Homes wants to clear up five common misconceptions about buying a new-construction...
Feb. 16, 2012. An affiliate of the Belgravia planned for a 12-month sellout last April when it acquired 11 unsold condominiums at 23 N Aberdeen in Chicago's West Loop. Four mo...
235 Van Buren launches rent-to-own program in the Loop HousingNewswire.com: Chicago housing newsPublished on February 15, 2012, 4:13 pm
Feb. 15, 2012. 235 Van Buren, a striking new Ralph Johnson-designed 46-story condominium in the Loop, is launching a rent-to-own program on selected units, as detailed in this...
Jan. 23, 2012. If your plans for the New Year include a new home, you’re in good company, according to a Yahoo Real Estate poll released last month, which reports four out of ...
2012 Board of Commissioners Meetings CPD Park Updates feedPublished on December 21, 2011, 5:00 pm
2012 Board of Commissioners Meetings
2012 Schedule of the Board of Commissioners Meetings
2012 Permits CPD Park Updates feedPublished on December 19, 2011, 5:00 pm
2012 Permits
Everything you need to reserve your desired Chicago Park District space
Polar Adventure Days, 1/21 CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Polar Adventure Days, 1/21
Northerly Island Winter Activities
Free Fitness Admission CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Free Fitness Admission
Promotion runs Jan. 3-9 at 71 Fitness Center Locations
Winterfest, 1/28 CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Winterfest, 1/28
Daley Bicentennial Plaza
Watch Our Public Meetings CPD Park Updates feedPublished on December 16, 2011, 5:00 pm
Watch Our Public Meetings
December 14, 2011 meetings now available for viewing.
December Newsletter CPD Park Updates feedPublished on December 12, 2011, 5:00 pm
December Newsletter
Hot off the press!
List of Contractors - 475 Report - December 2011 CPD Park Updates feedPublished on December 2, 2011, 5:00 pm
List of Contractors - 475 Report - December 2011
List of vendors receiving $10,000 or more in any 12 month period over the past four years.
2012 Budget CPD Park Updates feedPublished on November 23, 2011, 5:00 pm
2012 Budget
Download 2012 Budget Summary and Recommendations
Museum Free Days 2011 CPD Park Updates feedPublished on October 18, 2011, 5:00 pm
Museum Free Days 2011
Museums throughout the city waive their general admittance fee on varying days of the week.
Nature in Chicago Digital Photo Contest CPD Park Updates feedPublished on September 28, 2011, 5:00 pm
Nature in Chicago Digital Photo Contest
Calling all nature loving photographers. Submit your photos to this contest.
Museums in the Parks CPD Home Page Events feedPublished on May 15, 2011, 5:00 pm
Museums in the Parks
Visit one of the 10 amazing museums in the parks!
Arts Partners in Residence CPD Home Page Events feedPublished on May 14, 2011, 5:00 pm
Arts Partners in Residence
This program provides space to artists/arts organizations in exchange for arts programming.
The Adler Planetarium CPD Home Page Events feedPublished on January 1, 2011, 5:00 pm
The Adler Planetarium
Field Trips to the Adler are out of this world!
Lincoln Park Zoo CPD Home Page Events feedPublished on January 1, 2011, 5:00 pm
Lincoln Park Zoo
Explore the countless contributions that shape Lincoln Park Zoo
The Shedd Aquarium CPD Home Page Events feedPublished on January 1, 2011, 5:00 pm
The Shedd Aquarium
Strap a mask and flippers onto your imagination and chart a course to Shedd Aquarium.
Hyatt union workers to vote on whether to strike ChicagoRealEstateDaily.comPublished on July 28, 2010, 9:34 pm
(Crain’s) — Union workers at local Hyatt hotels will take part in a strike authorization vote Thursday, nearly 11 months after the expiration of their last labor contract. Unite Here Local 1 and Hyatt Hotels Corp. have “made very little progress since we began negotiating (a new contract) ...
Sheraton Chicago lands $158-million refinancing loan ChicagoRealEstateDaily.comPublished on July 28, 2010, 6:44 pm
(Crain’s) — The owner of the Sheraton Chicago Hotel & Towers has refinanced the riverside property with a $158.2-million loan from Goldman Sachs & Co., another sign that money is flowing back into the rebounding hotel sector. The owner of the 1,209-room hotel, Tishman Hotel & Realty L.P., had ...
Block 37 hit with new foreclosure suit ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:21 pm
(Crain’s) — Joseph Freed & Associates LLC faces a new foreclosure lawsuit at Block 37. U.S. Bank is seeking $16.75 million from Freed entities related to a mortgage the bank made in 2007 for the planned two-tower residential and hotel portion of the development at State and Randolph streets. ...
(Crain’s) — Investors looking for signs that South Loop land prices have stabilized didn’t find one at an auction Tuesday of a prominent South Michigan Avenue development site overlooking along Grant Park. An affiliate of First American Bank prevailed in the auction of the vacant property ...
(Crain’s) — Distribution giant U.S. Foodservice Inc. has purchased almost 50 acres in Aurora, a site big enough for a warehouse of about 1 million square feet, larger than any industrial building developed locally since 2008. Rosemont-based U.S. Foodservice, the biggest privately held ...
Apartment tower slated for River North ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:07 pm
(Crain’s) — AMLI Residential Partners LLC plans to build a 49-story apartment tower in River North after striking a deal with developer Albert Friedman. Chicago-based AMLI signed a 100-year lease on a 12,617-square foot site on the southeast corner of Clark and Hubbard streets, property ...
Target gets big discount on Near West Side land ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:02 pm
(Crain’s) — Target Corp., the retail giant renowned for its cheap-chic sensibilities, apparently knows about discount real estate, too. The Minneapolis-based company paid $9.3 million for a roughly four-acre site on the Near West Side, not even half what the previous owners paid for the ...
(Crain’s) — In a sign of just how good it is to be a suburban office tenant these days, a Career Education Corp. school cut its rent by more than 30% at a Hoffman Estates building while slashing its space and extending the lease for two years. American Intercontinental University Inc. is ...
Florsheim Mansion for sale The founder of Round Table Group Inc., an expert-witness search and referral firm, is asking $2.5 million for his Gold Coast home, known as the Florsheim Mansion. The curved brick residence at 1328 N. State Parkway was designed by Andrew Rebori, a prominent Chicago ...
Closer highlights for July 27 ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:57 pm
Sales A venture affiliated with Chicago-based Wells Street Cos. bought the River North building at 415 N. Dearborn St. for $4.65 million in a sale/leaseback with Sullivan’s Steakhouse. The seller was a venture of Southlake, Texas-based Del Frisco’s Restaurant Group, which operates 20 ...
Pritzker Realty in East Coast apartment joint venture ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:50 pm
(Crain’s) — Pritzker Realty Group is teaming up with a Maryland real estate firm to buy and develop apartments on the East Coast. Pritzker Realty has formed a $75-million joint venture with Bozzuto Group, a suburban Washington, D.C., investor, that will seek acquisition and development ...
Local Case-Shiller index up for 2nd straight month ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:26 pm
(Crain’s) — An index of local home prices rose in May for the second straight month as federal tax incentives pulled more buyers into the market. The Standard & Poor’s/Case-Shiller index of Chicago-area single-family home prices rose 1.2% from April to May, but was still 1.5% lower than it ...
The real estate market is so bad even kings are facing foreclosure. Two banks have filed suits totaling $5.5 million against properties controlled by Rudy Acosta III, including the controversial "castle" built on the Northwest Side by the real estate developer and hip-hop music producer known as ...
Real estate Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 5, 2010, 8:00 am
Find out how much someone making minimum wage would have to work to secure affordable housing in the Chicago area. Also, learn more about the state of the office market and the North side v. South side retail battle. View the full PDF ©2010 by Crain Communications Inc.
Betting on The Donald paid off for most of the buyers who've resold their condos since the Trump Tower opened more than two years ago. The gamble hasn't worked out as well for Mr. Trump.
William Alston of Niles covers the market on his own Real Estate - Residential stories from Crain's Chicago BusinessPublished on June 28, 2010, 8:00 am
Joseph Pickett, a 51-year-old civil engineer who works for Abbott Laboratories, was shopping for a home earlier this year close to Notre Dame High School in Niles, where his son will be a junior this fall. His real estate agent, William Alston, found him a three-bedroom tri-level two blocks away ...
Real-estate agents serve ever-narrower niche markets Real Estate - Residential stories from Crain's Chicago BusinessPublished on June 28, 2010, 8:00 am
Some real estate companies are homing in on narrow niches to stand out in a tough economy. Thomas Brown, of New Urban Property Services LLC in the West Loop, lists only homes clustered around mass-transit stops. "We've designed a database that takes condos and houses in the Multiple Listing ...
Sara Benson likes to say that you will never find her face on a billboard. You will find her darting around downtown Chicago, from one client to the next. Ms. Benson, 48, is president and managing broker of Benson Stanley Realty Inc., her two-person firm with partner Dan Kligerman, run out of a ...
Steve Khoshabe sold his mortgage firm for a rich price near the peak of the housing boom. Now he's looking to cash in on the bust. Mr. Khoshabe's Speedwagon Properties bought 103 condominiums this month in a River North tower after the previous owners' conversion from apartments stalled. The ...
The residential real estate market has been in tatters for several years now, but some top agents have held their own and even flourished. How are they doing it?
In west suburban Hinsdale, a town of 18,000, a string of independent boutiques and restaurants suggests that residents like the local touch. But in the real estate market, franchises such as Coldwell Banker and ERA have made a dent by staffing offices with legions of sales reps and discounting ...
David Schwartz, 46, is co-founder and managing member of Waterton Associates LLC, the real estate investment firm whose properties include Presidential Towers. His view: On his Kindle: "Too Big to Fail," Andrew Ross Sorkin's exposé of the 2008 financial crisis. Recent fiction focuses on ...
Homeownership hits eight-year low Real Estate - Residential stories from Crain's Chicago BusinessPublished on June 21, 2010, 8:00 am
Homeownership in the Chicago area plunged in the first quarter to its lowest level in almost eight years, erasing the dream that many achieved during the housing boom but could not hold onto. The percentage of people who own their own homes fell to 67.4% during the first quarter, from 69.0% in ...
Qataris Continue London Buying Spree RealEstateJournal.com Residential Real Estate NewsPublished on June 18, 2010, 9:52 am
Barwa said it will buy Park House development in London's fashionable West End district for $369 million, as Qatari investors continue to snap up prime real estate in the city.
Apartment Leases, Rentals Pick Up RealEstateJournal.com Residential Real Estate NewsPublished on June 16, 2010, 9:23 am
Some of the nation's largest apartment-building landlords are reporting that rent declines have stopped and some are even boasting modest increases.
Oil Spill Delivers Recovery Setback RealEstateJournal.com Residential Real Estate NewsPublished on June 16, 2010, 9:19 am
The Gulf of Mexico oil spill is imperiling billions of dollars of commercial real-estate investments with potentially grave repercussions for developers, lenders and investors.
Dallas Condo Project: Exception to the Slump RealEstateJournal.com Residential Real Estate NewsPublished on June 15, 2010, 9:28 pm
Developers will start construction later this month on a long-planned luxury high-rise condominium in Dallas, an unusual example of new development for a sector that was battered by the housing bust.
St. Joe's Gulf Presence Not a Plus RealEstateJournal.com Residential Real Estate NewsPublished on June 15, 2010, 7:43 pm
Prominent Florida Panhandle landowner St. Joe has seen its stock pummeled on concern that the oil spill could cut into its tourism business.
Readers respond: Real estate crash hits home Real Estate - Residential stories from Crain's Chicago BusinessPublished on June 14, 2010, 8:00 am
Here's what readers of ChicagoBusiness.com said about "Real estate crash: Now it's personal" (Crain's, June 7). Unless developers knew this was coming five years prior, any assets they could have transferred will be reversed. Aside from that, the biggest culprit in the entire history is our ...
Economists say growth in the local economy could slow by as much as half, mostly due to the dissipation in federal stimulus spending.
Lincoln Park elite want developer to get a heart Real Estate - Residential stories from Crain's Chicago BusinessPublished on May 31, 2010, 8:00 am
A development plan for the former site of Lincoln Park Hospital is radicalizing residents in the exclusive neighborhood just east of Oz Park's Tin Man. It's like a protest zone, with homes proudly displaying signs reading "No High Rise No Retail at L.P. Hospital." Homeowners have spoken out at ...
Occupancies, rents looking up in downtown Chicago Real Estate - Residential stories from Crain's Chicago BusinessPublished on May 31, 2010, 8:00 am
A construction wave coupled with 11.2% unemployment would normally make life miserable for apartment owners, but downtown landlords are holding up well. The occupancy rate for top-tier downtown apartment buildings rose to 93.6% in the first quarter, up from 91.4% in the fourth quarter and 90.9% ...
Daley says no property tax hike Real Estate - Residential stories from Crain's Chicago BusinessPublished on May 25, 2010, 3:58 pm
(AP) — Chicago Mayor Richard M. Daley says he won't propose increasing property taxes in next year's budget. Daley made that pledge Tuesday during an appearance before the City Club of Chicago. Daley says the city's revenues have seen some increase but it's hardly enough to qualify as an ...
(Crain's) — The Pioneer Press weekly newspapers in suburban Chicago this week begin running real estate sections produced by Blockshopper LLC. The papers’ Chicago parent, Sun-Times Media Group Inc., on Thursday will add the new Blockshopper sections in a few key markets that the paper ...
This Old House honors Chicago bungalow belt neighborhood Real Estate - Residential stories from Crain's Chicago BusinessPublished on February 18, 2010, 12:10 pm
(AP) — A Chicago neighborhood filled with historic bungalows and tree-lined streets has landed on a best-of list by This Old House magazine. The magazine lists North Mayfair on the city's Northwest Side as one of the best "old-house neighborhoods" in the U.S. and Canada. North Mayfair ...
Illinois to use mortgage database licensing system Real Estate - Residential stories from Crain's Chicago BusinessPublished on December 30, 2009, 11:36 am
(AP) — Illinois is embracing a licensing database that officials say will help ensure the competency of mortgage loan professionals. The Illinois Department of Financial and Professional Regulation said it'll start to use the Nationwide Mortgage Licensing System for license applications ...
(Crain’s) — Bruce Gottschall, who helped start what has become the city’s largest housing counseling agency, is stepping down as its executive director after 35 years. Mr. Gottschall began Neighborhood Housing Services of Chicago in 1975. He will retire on Dec. 15. “It feels like ...
Amcore put on the clock by regulators Real Estate - Residential stories from Crain's Chicago BusinessPublished on November 10, 2009, 11:25 am
(Crain’s) — Federal regulators have rejected Amcore Financial Inc.’s plan to raise capital, giving the troubled Rockford-based lender a month to raise the needed money or sell. Amcore has until Dec. 4 to submit a new plan to the U.S. Office of the Comptroller of the Currency under ...
USG loss casts pall over housing market outlook Real Estate - Residential stories from Crain's Chicago BusinessPublished on October 21, 2009, 10:44 am
(Reuters) — Building products maker USG Corp. reported a larger quarterly loss on Wednesday and said the near-term outlook remains weak, sending its shares down more than 8 percent. The result is another sign the housing construction industry has yet to fully right itself after collapsing ...
Key ShoreBank executive leaves lender Real Estate - Residential stories from Crain's Chicago BusinessPublished on October 9, 2009, 1:32 pm
(Crain’s) — The veteran ShoreBank executive in charge of the lender’s signature loans to apartment rehabbers — the portfolio whose success largely created the community bank’s national reputation for profiting while lending in low-income neighborhoods — has left the bank. James ...
Capone's hideout sells for $2.6 million Real Estate - Residential stories from Crain's Chicago BusinessPublished on October 8, 2009, 12:34 pm
(AP) — The former northern Wisconsin hideout of Chicago mobster Al Capone has sold for $2.6 million to the bank that foreclosed on the property. Margie Schull of the Sawyer County Sheriff's Department says Chippewa Valley Bank was the only bidder during a five-minute sheriff's sale on the ...
Capone's Wisc. hideout up for auction Thursday Real Estate - Residential stories from Crain's Chicago BusinessPublished on October 8, 2009, 9:37 am
(AP) — The former northern Wisconsin hideout of Chicago mobster Al Capone goes on the auction block Thursday. A bank foreclosed on the 407-acre wooded site and a sheriff's sale takes place on the steps of the Sawyer County Courthouse in Hayward. Chippewa Valley Bank says the starting bid ...
Illinois earns 'C' for financial instability Real Estate - Residential stories from Crain's Chicago BusinessPublished on September 22, 2009, 11:36 am
(AP) — If Illinois had parents, they wouldn't be too happy with the state's economic grade card. An advocacy group, the Corporation for Enterprise Development, gave the state an overall 'C' grade in its annual assessment of financial stability in all 50 U.S. states. Illinois fared better ...
Winner or loser: Credit cards Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 5:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects credit card interest rates.
Winner or loser: Auto loans Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 5:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects auto loan rates.
Winner or loser: Mortgage shopper Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 5:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects mortgage shoppers and ARM holders.
Winner or loser: Home equity loans Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 5:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects home equity loans and lines of credit.
Civic Fed frowns on city’s Olympic Village plans Real Estate - Residential stories from Crain's Chicago BusinessPublished on August 26, 2009, 4:22 pm
(Crain’s) — The Civic Federation has come out with a report that generally supports Mayor Richard M. Daley’s bid for the 2016 Olympics — with the exception of the development of the Olympic Village. In a long-awaited report issued Wednesday, the tax policy group notes that the Olympic ...
Home equity can be used to buy car Home equity HeadlinesPublished on July 31, 2009, 5:00 am
Home equity products can be used to fund a car purchase. But there are risks for the homeowner.
Debt forgiveness for homeowners? Bankrate.com: Mortgages HeadlinesPublished on July 30, 2009, 5:00 am
Researchers say debt forgiveness is the only way to fix the housing crisis. But will it?
Interest Rate Roundup Home equity HeadlinesPublished on July 30, 2009, 5:00 am
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
U.S. homes sales up for 3rd straight month Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 23, 2009, 1:01 pm
(AP) — Signaling a housing recovery is under way in much of the country, sales of previously occupied homes rose for the third month in a row in June. The National Assn. of Realtors said Thursday that home sales rose 3.6 percent to a seasonally adjusted annual rate of 4.89 million last month, ...
Interest Rate Roundup Home equity HeadlinesPublished on July 23, 2009, 5:00 am
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
State debuts new-homebuyers help Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 22, 2009, 7:01 pm
(Crain’s) — First-time homebuyers scrambling for a down payment can now get a financial boost from the state. The Illinois Housing Development Authority program rolled out its Illinois Home Start Loan Program Wednesday. It provides qualifying homebuyers with a 30-year fixed-rate FHA loan ...
Fixed-rate loan can cut risk Home equity HeadlinesPublished on July 21, 2009, 5:00 am
With interest rates likely to rise, locking into a fixed-rate loan may make sense right now.
Chicago Community Trust beats $1M fundraising target Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 20, 2009, 4:10 pm
(Crain’s) — The Chicago Community Trust announced it surpassed a $1-million target to provide funds for shelters and pantries that have been overwhelmed by soaring demand. In an initiative launched late last year, the community foundation raised $1.3 million for its Unity Challenge ...
Mortgage mods for profit Mortgage Matters Blog HeadlinesPublished on July 20, 2009, 5:00 am
Mortgage rates have held fairly steady since the middle of last week.
A successful MHA refi Mortgage Matters Blog HeadlinesPublished on July 17, 2009, 5:00 am
A note, sent yesterday, from a reader named Matthew.
Wrong-headed regulators Mortgage Matters Blog HeadlinesPublished on July 16, 2009, 5:00 am
I have an article up today -- "Want to refinance? Know the details" -- in which I describe the Home Affordable Refinance program as confusing.
Interest Rate Roundup Home equity HeadlinesPublished on July 16, 2009, 5:00 am
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
Rate trends and firecrackers Mortgage Matters Blog HeadlinesPublished on July 14, 2009, 5:00 am
A reader named Cindy asks: "Are mortgage rates predicted to go down next week? What things should I be considering before going ahead?"
Foreclosures? Let 'em rent Mortgage Matters Blog HeadlinesPublished on July 13, 2009, 5:00 am
In response to my blog post from last week, "Theodicy and mortgages," Michael Hilmen writes about artificially high home prices.
Weekly Rate Summary: July 02, 2009 (week ending) Freddie Mac Primary Mortgage Market SurveyPublished on July 2, 2009, 10:48 am
30 Year: null%, 15 Year: null%, 5 Year: null%, 1 Year: null%