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:



Monday as of Aug. 31 1:36 PM CDT Chicago, IL Weather from Weather UndergroundPublished on August 31, 2015, 6:36 pm
Monday - Lots of sunshine. High 83F. Winds light and variable.
Dense Fog Advisory - Expires: 9:00 AM CDT Chicago, IL Weather from Weather UndergroundPublished on August 31, 2015, 8:32 am
Dense Fog Advisory for Cook County in effect until 9:00 AM CDT on August 31, 2015
Anixter ex-CEO sells Lake Forest mansion Real Estate News from ChicagoTribune.comPublished on August 31, 2015, 1:08 am
Former Anixter International CEO Robert W. Grubbs Jr. in June sold his four-bedroom, 4,762-square-foot mansion in Lake Forest for $2.7 million.








Chicago Bulls center Joakim Noah has decided Lincoln Park is not to his liking after all.








Dr. Ian K. Smith, the Chicago-based celebrity medical expert, author and TV personality best known for VH1's "Celebrity Fit Club," and his wife Triste in late May sold their four-bedroom, 3,862-square-foot town home in the South Loop for $1.0875 million.








In becoming a first-time Chicago-area homebuyer recently, Ryan Chiaverini, the co-host of WLS-Ch. 7's "Windy City Live," has moved into a building with no shortage of high-wattage star history.








Naperville mansion listed for city record $8.75 million Real Estate News from ChicagoTribune.comPublished on August 31, 2015, 1:08 am
A six-bedroom, 21,809-square-foot English Tudor-style mansion on nearly 3 acres in Naperville was listed in June for $8.75 million, which is easily the highest-priced listing in Naperville history.








Avy Stein lists Glencoe mansion for $15 million Real Estate News from ChicagoTribune.comPublished on August 31, 2015, 1:08 am
Chicago private-equity executive Avy Stein on Sunday listed his four-bedroom, 8,906-square-foot French Chateau-style mansion on 2.74 acres on Lake Michigan in Glencoe for $15 million.








Baha'i group buys house near temple Real Estate News from ChicagoTribune.comPublished on August 31, 2015, 1:08 am
The national organization for the Baha'i faith paid $1.2 million in May for a 2,863-square-foot vintage American Foursquare-style house on Sheridan Road in Wilmette, almost directly across the street from the landmark Baha'i House of Worship.








Special Statement - Expires: 1:00 AM CDT Chicago, IL Weather from Weather UndergroundPublished on August 30, 2015, 2:17 am
Special Statement for Cook County in effect until 1:00 AM CDT on August 30, 2015
Miami home of LeBron James sells for $13.4 million Real Estate News from ChicagoTribune.comPublished on August 28, 2015, 9:19 pm

NBA superstar LeBron James sold his Miami home for $13.4 million on Aug. 25, according to the Multiple Listing Service of Miami. Tomi Rose, who spearheads the sports and entertainment division at Opulence International Realty in Miami, is the real estate agent who sold the house. Built in 2010,...










U.S. International Trade in Goods and Services U.S. Census Bureau Economic Briefing RoomPublished on August 28, 2015, 8:07 am
The Nation's international trade balance in goods and services decreased to -$43.8 billion in June from -$40.9 billion in May (revised), as exports decreased and imports increased.

June 2015: -43.8° $ billion
May 2015 (r): -40.9° $ billion

South Loop developer buys Divvy station for its residents Chicago WirePublished on August 28, 2015, 5:00 am
According to officials, an agreement with a Chicago real estate developer marks the first private purchase of a Divvy station since the bike-sharing program was launched in mid-2013. According to officials, an agreement with a Chicago real estate developer marks the first private purchase of a Divvy station since the bike-sharing program was launched in mid-2013.
Mortenson Consolidates Six Plants into One GlobeSt.comPublished on August 28, 2015, 3:44 am

CHICAGO—The builder worked double-shifts for weeks so manufacturing lines wouldn’t be down more than five days during the transition.

Apartment Builders to Maintain Equilibrium GlobeSt.comPublished on August 28, 2015, 1:57 am

CHICAGO—Ryan’s Dan Walsh says massive projects like 833 N. Clark St. Apartments and others will not upset the balance between unit supply and demand.

VISANOW Moves Chicago Headquarters GlobeSt.comPublished on August 27, 2015, 9:27 pm

CHICAGO—Leasing in the West Loop continues at a healthy pace, as more companies seek to take advantage of its proximity to mass transit.

Johnny B. sells River North mansion for $4.69 million Real Estate News from ChicagoTribune.comPublished on August 27, 2015, 5:26 pm
More than four years after they first listed their five-bedroom, 11,000-square-foot mansion in River North, longtime Chicago-based radio host Jonathon Brandmeier and wife Lisa on Wednesday finally sold it for $4.69 million.








Laramar Group Acquires Ten MF Properties GlobeSt.comPublished on August 27, 2015, 2:59 am

CHICAGO—The national investment firm is pursuing an urban neighborhood strategy and closed on ten properties totaling nearly $40M in July alone.

One industrial property is being repurposed for a religious community center and Hindu temple, and another will produce Russian pancakes called blinis for a popular restaurant chain. Multifamily properties are also changing hands. Learn more in this week's deal-tracker roundup.

KTGY Arch. Opens New Chicago Office GlobeSt.comPublished on August 27, 2015, 12:44 am

CHICAGO— Veteran designers Craig R. Pryde and David M. Kennedy, both former principals of PPK Architects, will head the new studio as principals.

Homes sell the fastest in these markets Home mortgage rates and real estate news - CNNMoney.comPublished on August 26, 2015, 10:37 am
The pace of home sales is starting to slow in markets throughout the country, according to a new report from Trulia.








Amalgamated Bank Readies LaSalle St. Move GlobeSt.comPublished on August 26, 2015, 3:44 am

CHICAGO—The nearly century-old institution felt it was time to move into the heart of the financial district.

Dayton St. Remakes Another West Side Bldg. GlobeSt.comPublished on August 26, 2015, 2:21 am

CHICAGO—The firm has either just launched or recently completed several projects, including offices and distribution buildings, on the periphery of downtown.

Oliver Purnell, ex-DePaul coach, sells mansion at a loss Real Estate News from ChicagoTribune.comPublished on August 25, 2015, 11:10 pm
Oliver Purnell, the former DePaul University men's basketball coach, on Tuesday sold his 12-room, 7,300-square-foot brick and stone mansion in Lincoln Park for $2.575 million.








Equity Office Brings on Khouri as CEO GlobeSt.comPublished on August 25, 2015, 6:55 pm

CHICAGO—The seasoned executive takes over at a time when Blackstone, which acquired Equity in 2007, has been selling off many of its assets.

Former Groupon CFO sells Oak Brook home for $2.7 million Real Estate News from ChicagoTribune.comPublished on August 25, 2015, 2:27 pm
Former Groupon Chief Financial Officer Jason Child and his wife sold their six-bedroom Mediterranean-style house in Oak Brook's Ginger Creek neighborhood on Aug. 6 for $2.7 million.








Case-Shiller Chicago Condo Index up 3.9% Chicago WirePublished on August 25, 2015, 1:58 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 ...
New Residential Sales U.S. Census Bureau Economic Briefing RoomPublished on August 25, 2015, 10:01 am
Sales of new single-family houses in July 2015 were at a seasonally adjusted annual rate of 507,000. This is 5.4 percent (+/- 14.8%)* above the revised June 2015 estimate of 481,000.

July 2015: +5.4* % change
June 2015 (r): -7.7* % change

Strongest Landlord Market for Chi. in 30 Yrs. GlobeSt.comPublished on August 25, 2015, 3:45 am

CHICAGO—For several years now, the industrial market here has put up solid numbers, and landlords will probably have the upper hand until about 2017.

WFLD-Ch. 32 news anchor Corey McPherrin and his wife in May paid $512,500 for a two-bedroom duplex condominium unit in a vintage low-rise stone building in the Gold Coast.








Former Chicago City Treasurer Miriam Santos has paid nearly $644,000 for a newly built two-story, four-bedroom house in Logan Square.








Former Chicago Cubs outfielder David DeJesus and wife, Kim, have listed their 15-room all-brick mansion in Wheaton for $1.499 million.








Walgreens Returns to State and Madison GlobeSt.comPublished on August 23, 2015, 11:04 pm

CHICAGO—The exit of Sears left a big hole on State St. but first CPS and now Walgreens have gone a long way toward filling it.

JLL Unveils Chicago’s Largest Spec Project GlobeSt.comPublished on August 23, 2015, 6:31 pm

CHICAGO—The one million square foot project will be one be one of the few 40’ clear buildings in the Midwest.

WTTW-Ch. 11 "Chicago Tonight" host Phil Ponce and his wife, Ann, on Thursday sold their four-bedroom vintage Victorian-style house in the Ravenswood neighborhood for $1.0425 million.








Airbnb: 1,000 companies sign up for business travel Home mortgage rates and real estate news - CNNMoney.comPublished on August 21, 2015, 7:01 pm
Corporations have been clamoring to sign up for Airbnb's new business travel service as they seek alternatives to traditional hotels.








Sky swimming: Luxury London condo to get 'floating' pool Home mortgage rates and real estate news - CNNMoney.comPublished on August 21, 2015, 3:40 pm
Read full story for latest details.








IL Home Prices Surge in July GlobeSt.comPublished on August 21, 2015, 4:31 am

CHICAGO—Foreclosures continue to play a smaller role in the housing market and while the foreclosure inventory is relatively unchanged sales prices for foreclosed properties continue to increase.

For Distributors, Functionality Matters Most GlobeSt.comPublished on August 21, 2015, 1:47 am

CHICAGO—Same-day delivery means distributors are handling a vastly greater number of small packages, and therefore, have far more specific requirements for new class A facilities.

RE/MAX Hits $1 Billion in July Sales GlobeSt.comPublished on August 20, 2015, 1:17 am

CHICAGO—The company has now hit the milestone two months in a row, which has not happened since 2007.

Dennis Farina's estate lists condo Real Estate News from ChicagoTribune.comPublished on August 19, 2015, 8:04 pm
A two-bedroom condo in Sandburg Village on the Near North Side that actor Dennis Farina owned until his death in 2013 was listed last week for $375,500.








Kerry Wood cuts asking price on mansion by $345,000 Real Estate News from ChicagoTribune.comPublished on August 19, 2015, 5:37 pm
Retired Chicago Cubs pitcher Kerry Wood and his wife, Sarah, earlier this month cut the asking price on their five-bedroom Beaux Arts-style Lincoln Park mansion by $345,000 to $3.25 million.








America's most expensive rental markets Home mortgage rates and real estate news - CNNMoney.comPublished on August 19, 2015, 2:02 pm
Rent is unaffordable in 75% of housing markets in the U.S., according to Zillow, and it's especially tough for renters in these metro areas.








Good news: Homeowners spend like it's 2006 Home mortgage rates and real estate news - CNNMoney.comPublished on August 18, 2015, 5:17 pm
Home Depot reported a big increase in sales as consumers ramped up their home improvement spending to 2006 levels.








New Residential Construction U.S. Census Bureau Economic Briefing RoomPublished on August 18, 2015, 8:31 am
Privately-owned housing starts in July 2015 were at a seasonally adjusted annual rate of 1,206,000. This is 0.2 percent (+/- 15.2%)* above the revised June 2015 estimate of 1,204,000.

July 2015: +0.2* % change
June 2015 (r): +12.3* % change

Vince Vaughn has a buyer for River North town home Real Estate News from ChicagoTribune.comPublished on August 17, 2015, 4:02 pm
Actor Vince Vaughn has found a buyer for his three-bedroom town home in River North, which he listed in May for $1.475 million.








Manufacturing and Trade Inventories and Sales U.S. Census Bureau Economic Briefing RoomPublished on August 13, 2015, 10:01 am
U.S. total business end-of-month inventories for June 2015 were $1,812.5 billion, up 0.8 (+/- 0.1%) from last month. U.S. total business sales were $1,325.5 billion, up 0.2 (+/-0.2%)* from last month.

June 2015: +0.8 % change in Inventories
May 2015 (r): +0.3 % change in Inventories

Advance Monthly Sales for Retail and Food Services U.S. Census Bureau Economic Briefing RoomPublished on August 13, 2015, 8:34 am
U.S. retail and food services sales for July were $446.5 billion, an increase of 0.6 percent (+/-0.5%) from the previous month.

July 2015: +0.6 % change
June 2015 (r): 0.0* % change

... tip of the Magnificent Mile. The new flagship Apple store will be built mostly below ground, says the Chicago Real Estate Daily's sourc e. The move would help further legitimize the area as a top retail destination. Once Apple moves into the 401 N ...
A Wilmette house once owned by WLS-Ch. 7 sports anchor Mark Giangreco sold last month for $2.15 million.








Former Chicago Bears running back Cedric Benson has placed his four-bedroom, 4,303-square-foot house in Libertyville back on the market for $844,000.








The median home price here is $980,000 Home mortgage rates and real estate news - CNNMoney.comPublished on August 11, 2015, 5:16 pm
Read full story for latest details.






Linda Yu of WLS-Ch. 7 lists town house for $1.48 million Real Estate News from ChicagoTribune.comPublished on August 10, 2015, 5:40 pm
WLS-Ch. 7 news anchor Linda Yu on Monday placed her three-bedroom Near North Side town home on the market for $1.48 million.








WTTW-Ch. 11 "Chicago Tonight" host Phil Ponce has listed his four-bedroom vintage Victorian-style house in the Ravenswood neighborhood for $1.05 million.








A contemporary-style home in River Forest that reputed mob boss Joseph Andriacchi owned until 1996 sold on June 30 for $1.209 million.








A four-bedroom, 7,588-square-foot mansion in Wheaton sold on July 27 for $2.65 million, tying the all-time record for a residential home sale in that suburb.








It just got easier to get a jumbo mortgage Home mortgage rates and real estate news - CNNMoney.comPublished on August 5, 2015, 5:21 pm
JPMorgan Chase & Co is easing its lending standards for jumbo loans.
The market for homes selling at a million dollars or more in the metropolitan Chicago area is showing signs of geographical expansion even as sales activity rose to a new post-Great Recession high for the second quarter of the year. The quarterly RE/MAX Luxury Report on Metro Chicago Real Estate pegged second quarter luxury sales at 737 units, 20 percent more than during the same period last year and the most second-quarter sales since RE/MAX began tracking luxury market data in 2009.
... Recession high for the second quarter of the year. The quarterly RE/MAX Luxury Report on Metro Chicago Real Estate pegged second quarter luxury sales at 737 units, 20 percent more than during the same period last year and the most second-quarter ...
Manufacturers' Shipments, Inventories, and Orders U.S. Census Bureau Economic Briefing RoomPublished on August 4, 2015, 10:10 am
New orders for manufactured goods in June increased $8.7 billion or 1.8 percent to $478.5 billion.

June 2015: 1.8° % change
May 2015 (r): -1.1° % change

Construction Spending U.S. Census Bureau Economic Briefing RoomPublished on August 3, 2015, 10:03 am
Total construction activity for June 2015 ($1,064.6 billion) was 0.1 percent (+/-1.5%)* above the revised May 2015 ($1,063.5 billion).

June 2015: +0.1* % change
May 2015 (r): +1.8* % change

Now you can buy Jesse Pinkman's house Home mortgage rates and real estate news - CNNMoney.comPublished on July 29, 2015, 6:44 pm
Read full story for latest details.
Read full story for latest details.
Read full story for latest details.
Case-Shiller Condo Index Up Chicago WirePublished on July 28, 2015, 1:37 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 ...
Homeownership Rate U.S. Census Bureau Economic Briefing RoomPublished on July 28, 2015, 10:06 am

The homeownership rate in the second quarter 2015 was 63.4 percent, down 1.3 (+/- 0.4) percentage points from the second quarter 2014 rate of 64.7 percent. The homeownership rates in the Northeast, Midwest, South and West were lower than the rates in the second quarter 2014.

2nd Qtr 2015: +63.4 percent
2nd Qtr 2014: +64.7 percent

Donald Trump sells Manhattan penthouse for $21 million Home mortgage rates and real estate news - CNNMoney.comPublished on July 27, 2015, 10:04 pm
Read full story for latest details.
The median home price climbed to $236,400 in June, according to the National Association of Realtors. Here's what that will buy you across the United States.
Affordable homes with water views Home mortgage rates and real estate news - CNNMoney.comPublished on July 23, 2015, 4:00 pm
Living by the water doesn't always have to set you back seven figures.
Read full story for latest details.
How to buy your own island Home mortgage rates and real estate news - CNNMoney.comPublished on July 21, 2015, 6:19 pm
Read full story for latest details.
Where rents are rising the fastest Home mortgage rates and real estate news - CNNMoney.comPublished on July 20, 2015, 8:09 pm
Rents rose 4.3% nationwide in May, according to Zillow, but some cities are experiencing much faster growth. Here's a look at how quickly rents rose in regions across the country compared to the year before.
7 unique homes you can buy right now Home mortgage rates and real estate news - CNNMoney.comPublished on July 15, 2015, 3:54 pm
If you are looking to live outside the box, you can buy a converted barn, church or even a firehouse.
Greek crisis sparks bargains on island villas Home mortgage rates and real estate news - CNNMoney.comPublished on July 9, 2015, 9:54 am
Read full story for latest details.
A college degree can make it harder to buy a home Home mortgage rates and real estate news - CNNMoney.comPublished on July 8, 2015, 3:31 pm
Having a college degree can hamper a grad's ability to become a homeowner if it comes with a large debt load.
A Millennial, a mom and a mortgage: Ties that bind Home mortgage rates and real estate news - CNNMoney.comPublished on July 7, 2015, 7:49 pm
This Millennial embraced debt for her mom's sake and also ended up with a long-term investment.
My Top 10 Chicago Real Estate Deals - July 2015 Chicago WirePublished on July 7, 2015, 2:01 pm
Click Here to view my Top 10 Chicago real estate deals for July. This month I'm focusing on Near North Side & Near West Side condos priced between $450,000 - $535,000.
Potter Palmer 's colossal mansion has been long erased from Chicago's streetscape, but Palmer's influence on Chicago real estate development can still be felt throughout the downtown area. Palmer built one of the country's finest hotels and a few mansions in the Gold Coast neighborhood.
Chicago biz pub: Redfin school data isn't accurate Chicago WirePublished on July 1, 2015, 4:26 pm
Chicago Real Estate Daily , a Crain's publication, says that Redfin is posting inaccurate ratings on some schools, which could potentially turn some buyers away from the neighborhoods around them. That's a problem because schools are a deciding factor for many home shoppers, and they often use sites like Redfin and Zillow to screen out homes even before they call a broker.
Millennials fueling Chicago-area homebuying boom Chicago WirePublished on June 30, 2015, 8:24 pm
... sets you apart and lets people know how badly you want the place," said Kate MacGuidwin. Jeff Proctor, a Chicago real estate agent with @properties who worked with the MacGuidwins, said their aggressive path to homeownership has become an ...
Case-Shiller Chicago Condo Index Up Over 4% Chicago WirePublished on June 30, 2015, 4:12 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 ...
Helping their community get its housing market back on solid ground wasn't on the agenda when Chicago real estate brokers LaShawn Brown and Warren Davis first met in 2012, but it certainly is these days. The two RE/MAX brokers are ready to roll out their second annual South Side Expo, slated for July 11 at South Shore International High School, 1955 E. 79th St., and free to the public.
Gen-Xers don't want to be homeowners Home mortgage rates and real estate news - CNNMoney.comPublished on June 25, 2015, 3:50 pm
Millennials aren't the only ones hurting America's homeownership rate.
Australia is selling a ranch the size of New Jersey Home mortgage rates and real estate news - CNNMoney.comPublished on June 25, 2015, 1:53 pm
Read full story for latest details.
Gold Coast graystone listed for $7.98 million Chicago WirePublished on June 25, 2015, 11:53 am
... company, Simpson paid $5.3 million in 2011 to buy the graystone from a group managed by Chicago real estate executive Phil Farley. Billionaire venture capitalist J.B. Pritzker had rented the graystone from 2007 to 2011, while work was being done on ...
Alibaba co-founder Jack Ma has paid $23 million for a 28,100-acre property in New York's Adirondacks
The middle class is struggling to make the rent Home mortgage rates and real estate news - CNNMoney.comPublished on June 24, 2015, 1:58 pm
Read full story for latest details.
Quarterly Services Survey U.S. Census Bureau Economic Briefing RoomPublished on June 17, 2015, 2:57 pm
The estimate of U.S. information sector revenue for the first calendar quarter of 2015, adjusted for seasonal variation but not for price changes, was $334.8 billion, an increase of 0.4 percent (+/- 0.6%)* from the fourth quarter of 2014 and up 3.0 percent (+/- 0.8%) from the first quarter of 2014.

1st Qtr 2015: +0.4* % change
4th Qtr 2014 (r): +1.3 % change

Manufacturing corporations' seasonally adjusted after-tax profits were $128.6 billion for the first quarter of 2015, down $22.6 (+/- 0.2) billion from fourth quarter of 2014.

1st Qtr 2015: -22.6 $ billion
4th Qtr 2014 (r): -12.4 $ billion

Developer Sean Conlon lists Gold Coast condo Chicago WirePublished on June 3, 2015, 7:29 pm
Chicago real estate developer and executive Sean J. Conlon, who owns Conlon & Co. and the residential brokerage Conlon/Christie's, has listed his three-bedroom vintage Gold Coast condo for $1.59 million.
After joint acquiring the old Chicago and North Western Railroad Company headquarters building from electronics distributor Newark Corp. in 2013 for $6.5 million, current owners ICM Properties Inc. and Hayes Properties Inc. have begun an $8 million renovation project for the four-story, 135,000-square-foot building, Chicago Real Estate Local reports . The building served as the railroad company's headquarters until 1980, when it was purchased by Newark, which occupied and ran operations out of the building for 33 years before selling it for a more efficient and appropriately sized West Loop location.
... 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 ...
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with Associated Bank, N.A. (Associated) to resolve a disparate treatment redlining case, one of the largest redlining complaints brought by the federal government against a mortgage lender. At approximately $200 million, it is the largest settlement of this kind HUD has ever reached.
... consultant's recommendations for improving downtown Milwaukee's economy. Hunden Strategic Partners, a Chicago real estate development consultant, says Milwaukee's downtown convention center needs to double its size for the city to remain competitive ...
WASHINGTON - Today, the U.S. Department of Housing and Urban Development announced $29 million in grants to help approximately 1,200 extremely low-income persons and families living with HIV/AIDS annually. These grants provide a combination of housing assistance and supportive services for this vulnerable population.
... Avenue from North Fourth to North Sixth streets, said Rob Hunden of Hunden Strategic Partners, a Chicago real estate development consultant. Hunden presented findings at the Monday luncheon from his firm's 199-page report for The Greater Milwaukee ...
WASHINGTON - In an effort to address emergency, safety and security needs, the U.S. Department of Housing and Urban Development today awarded $6 million to 29 public housing authorities to help fight crime and drug activities at their public housing properties.
... I love my animals. I use good judgement before killing any living thing. And remember, when it comes to Chicago real estate: it's only a 'buyer's market' if you're actually buying. DENNIS RODKIN, CHICAGO MAGAZINE: "This guy looks at even more ...
Gold Coast graystone listed for $7.98 million Chicago WirePublished on May 7, 2015, 6:07 am
... company, Simpson paid $5.3 million in 2011 to buy the graystone from a group managed by Chicago real estate executive Phil Farley. Billionaire venture capitalist J.B. Pritzker had rented the graystone from 2007 to 2011, while work was being done on ...
Lawyer answers most common buyer and seller questions about residential and commercial property transactions and closings CHICAGO, IL / ACCESSWIRE / April 13, 2015 / Danielle Colyer, partner at Colyer ...
CHICAGO, April 13, 2015 /PRNewswire/ -- March went out with a roar from the worldwide RE/MAX network, which announced that it is now 100,000 agents strong.  It reached that mark with a boost from four Chicago real estate brokers who joined local RE/MAX offices as March ended. Mark Sannita of RE/MAX Excels in Geneva, Ill., and Mary Kay Wright of RE/MAX All Pro in Bloomingdale, Ill. Like Myles ...
It took Blackstone Group LP less than four weeks after an approach from General Electric Co to clinch the biggest real estate deal since the financial crisis. After the Wall Street meltdown, U.S. regulators slapped rules on banks and other financial institutions aimed at curbing their risk taking. These requirements, including more burdensome capital requirements and the hiring of additional ...
Condos on the road back Chicago Real Estate on Yahoo! NewsPublished on April 4, 2015, 11:15 pm
Keith Montgomery, treasurer for the Garden Walk Condominium Association in Bradenton, stands outside of the condo complex that was almost taken over by the state.
CHICAGO, March 30, 2015 /PRNewswire/ -- As the metropolitan Chicago real estate market moves quickly toward the busy spring season for home sales, RE/MAX brokers across the area have a firmly upbeat outlook.  They expect 2015 to generate more home sales and higher home values than were seen in 2014. The median sales price for homes in the Chicago metro area in 2014 was $195,000, or 9 percent ...
CHICAGO, Ill. -- via PRWEB - PeerRealty, the Midwest's premier real estate crowdfunding platform and one of the participants in the elmspring accelerator, is announcing the opening of a $1 million offering. ...
Tribune Media may be closing in on a redevelopment partner for vacant industrial property it owns along the Chicago River.
It’s not just the changing of the guard at Willis (né Sears) Tower. The first quarter of 2015 has been a turbulent time for trophy towers and other notable structures throughout Chicago’s built environment.
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
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
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
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.
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 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!
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 ...
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.
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.
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 ...
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 ...
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 ...
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 ...
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?
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.
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% ...
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 ...
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%