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:



Quarterly Financial Report - Manufacturing, Mining and Trade U.S. Census Bureau Economic Briefing RoomPublished on September 2, 2010, 11:48 am

Manufacturing corporations' seasonally adjusted after-tax profits averaged 7.7 cents per dollar of sales for the first quarter of 2010, not statistically different from the fourth quarter of 2009.

1st Qtr. 2010: 0.0 cents
4th Qtr. 2009: +0.7 cents
Gang Leaders Want Jobs Chicago Real Estate on MSNBC.comPublished on September 2, 2010, 11:48 am
Jackson Boulevard on Chicago's West Side was organized by former gang enforcer Wallace 'Gator ... including vehicles and real estate, belonging to suspects. It was originally used to take down Mafia affiliates.
The Chicago radio personality who had a real estate deal nixed at the last minute because the sellers found out he and his family were black has filed a $100 million ...
This Afternoon as of Sep. 2 11:08 AM CDT Chicago, IL Weather from Weather UndergroundPublished on September 2, 2010, 11:08 am
This Afternoon - Mostly cloudy. Scattered showers and a slight chance of thunderstorms early in the afternoon...then a chance of showers and thunderstorms late in the afternoon. Highs in the lower 80s. Southwest winds 10 to 15 mph. Chance of precipitation 40 percent.
Chicago would seem to be on quite a roll these days. The city is a leading ... of their games, including a Stanley Cup title for the Wings. More on real estate ...
Citigroup Finds Tenant with Embanet Sublease GlobeSt.comPublished on September 2, 2010, 12:50 am

ELK GROVE VILLAGE, IL-Embanet, a provider of online learning services, has signed to sublease most of a floor at 50 Northwest Point.

The Chicago Tribune, citing several unidentified sources close to the matter, said the Chicago real estate mogul is in preliminary talks with Tribune on a complicated ...
... simply are too attractive to dissuade developers for long, said Daniel McMillen, who heads the Center for Urban Real Estate at the University of Illinois at Chicago.
Mediator named in Tribune Co. bankruptcy case Chicago Real Estate on Yahoo! NewsPublished on September 1, 2010, 6:07 pm
A US court appointed a mediator Wednesday to help with negotiations among creditors of the bankrupt Tribune Co., owner of the Los Angeles Times, Chicago Tribune and other newspapers.
Judge appoints mediator in Tribune bankruptcy case Chicago Real Estate on Yahoo! NewsPublished on September 1, 2010, 3:05 pm
The mediator will try to forge a settlement of legal claims stemming from the media company's 2007 leveraged buyout. The judge in Tribune Co.'s stalemated bankruptcy case appointed a mediator Wednesday to try to forge a settlement of legal claims stemming from media company's disastrous 2007 leveraged buyout.
Burst of buying drove up June home prices Chicago Real Estate on MSNBC.comPublished on September 1, 2010, 12:48 pm
The biggest monthly price increases were in Chicago, Detroit and Minneapolis. ... Jump to related. Real estate, Real estate pricing
Reptile experts get stray 'gator in <b>Chicago</b> River Chicago Real Estate on MSNBC.comPublished on September 1, 2010, 12:48 pm
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... rests along the North branch of the Chicago River, Monday, Aug. 23, 2010, in Chicago.
List of Contractors (updated) CPD Park Updates feedPublished on September 1, 2010, 12:00 pm
List of Contractors (updated)
List of vendors receiving $10,000 or more in any 12 month period over the past four years
... launched this morning in Chicago and will revolutionize the way agents view short sales. Short Sales Redefined is an educational package that trains real estate agents ...
New Home Sales U.S. Census Bureau Economic Briefing RoomPublished on September 1, 2010, 9:48 am

Sales of new one-family houses in July 2010 were at a seasonally adjusted annual rate of 276,000. This is 12.4% below the revised June 2010 estimate of 315,000.

July 2010: -12.4 % change
June 2010: +12.1 % change
Construction Spending U.S. Census Bureau Economic Briefing RoomPublished on September 1, 2010, 9:48 am

Total construction activity for July 2010 ($805.2 billion) was 1.0 percent below the revised June 2010 ($813.1 billion). Please see our web site for further details: http://www.census.gov/constructionspending

July 2010: -1.0 % change
June 2010: -0.8 % change
Both sides rest at Rezko trial in Chicago The real estate developer and fast-food entrepreneur is accused of fraud
Foreclosures will play a significant role in home sales for at least the next two to three years. The idea of getting a foreclosed home at a bargain price is enticing, but shopping the foreclosure market is quite different from buying a traditional existing home, and buyers need to understand how things work in this unique market.
New Hotel Jerome owners starting Cortina renovation Chicago Real Estate on Yahoo! NewsPublished on September 1, 2010, 12:06 am
The new owners of the Hotel Jerome have started renovations to their employee housing, at the old Cortina Lodge on Main Street. All rooms are being gutted and remodeled.
Regency Centers Acquires Glen Oak Plaza for $18M GlobeSt.comPublished on September 1, 2010, 12:00 am

CHICAGO-Regency Centers Corp., a Jacksonville-based operator, owner and developer of community and grocery-anchored shopping centers, has acquired the Glen Oak Plaza in Glenview, IL, for $18 million.

Developers Secure Crucial Loan Extension GlobeSt.comPublished on September 1, 2010, 12:00 am

CHICAGO-The developers of the Walton tower on the Park, Mesirow Financial and Enterprise Cos. have secured a crucial extension on a $129.5 million construction loan.

Anglo Irish Bank To Sell West Loop Tower Loan GlobeSt.comPublished on September 1, 2010, 12:00 am

CHICAGO-Dublin-based Anglo Irish Bank has listed over $100 million in troubled loans on the 225 W. Washington St. West Loop tower for sale.

Court Rules in Favor of Lenders in Rosemont Hotel Case GlobeSt.comPublished on September 1, 2010, 12:00 am

CHICAGO-A US Bankruptcy Court judge has ruled in favor of the lenders of the 556-room InterContinental Chicago O'Hare Hotel causing a setback for Harp Group, the hotels' developer and owner.

The Plaza Mall Misses Loan Payments GlobeSt.comPublished on September 1, 2010, 12:00 am

CHICAGO- The owners of the 802,265-square-foot The Plaza mall located in Evergreen Park have missed payments on their loan of $20.2 million.

Golub, Praedium Venture Acquires $46M Apts GlobeSt.comPublished on August 31, 2010, 10:45 pm

LOMBARD, IL-A partnership of Intercontinental Real Estate Corp. and Olympic Investors sold the 504-unit Clover Creek, which is 95% leased.

... Lake Michigan in Chicago, 337 of the building's 343 units are sold—despite prices from $350,000 to more than $2 million. "We're selling expensive real estate in the ...
Investor Warren Buffett bought up one of the Chicago area's biggest real estate firms.
Residents of the second-most overpriced metro area, Chicago, get sweltering ... Vexed by gang wars and rising real estate prices, late rapper Tupac Shakur mused in ...
Chicago home prices rise again but under cloud Real Estate News from ChicagoTribune.comPublished on August 31, 2010, 7:52 pm
Economists worry about reports of dismal home sales, fear prices will plunge now that tax credit has expired

Home prices in the Chicago area rose for the third straight month in June, raising them to a level equivalent to a year ago, according to data released Tuesday.


Tribune forms committee to oversee Ch. 11 plan Chicago Real Estate on MSNBC.comPublished on August 31, 2010, 6:48 pm
the publisher of the Chicago Tribune, Los Angeles Times and other dailies said that four independent ... put together by real estate mogul Sam Zell, is the subject of a bitter dispute between Tribune Co. and bondholders ...
Aug. 31, 2010. Now is the time to buy a new home. Mortgage rates are low, new homes are being offered at attractive prices and one home builder is giving buyers every reason t...
Liberty Lakes selling final phase in Wauconda HousingNewswire.com: Chicago housing newsPublished on August 31, 2010, 3:38 pm
Aug. 31, 2010. Town and Country Homes is currently selling homes in the final phase of homesites at Liberty Lakes, a master-planned community in northwest suburban Wauconda. T...
Maintenance-free, upscale homes in Lemont by Donven Homes HousingNewswire.com: Chicago housing newsPublished on August 31, 2010, 3:37 pm
Aug. 31, 2010. Market fundamentals definitely indicate that now is a great time to buy a home - prices are down, interest rates are at historically low levels, substantial tax...
Town & Country introduces two new models at Providence HousingNewswire.com: Chicago housing newsPublished on August 31, 2010, 2:40 pm
Aug. 31, 2010. Home buyers who are considering a move to the beautiful master-planned community of Providence should enjoy the grand opening of two new professionally decorate...
Aug. 31, 2010. If one collection of distinctive single-family homes can make a community popular, two series of homes with expanded choices is even better. With the opening of...
Great new plans available at Churchill Club in Oswego HousingNewswire.com: Chicago housing newsPublished on August 31, 2010, 2:30 pm
Aug. 31, 2010. Geared toward family living, Churchill Club offers numerous floor plans with unlimited possibilities in addition to the approximately 8,400 square foot clubhous...
Enjoy a relaxed lifestyle at Churchill Club in Oswego HousingNewswire.com: Chicago housing newsPublished on August 31, 2010, 1:53 pm
Aug. 31, 2010. True to its name, Churchill Club boasts a horse farm theme and a serene country setting centering on its clubhouse of approximately 8,400 square feet. Residents...
Shodeen buyers appreciate well-stocked design center HousingNewswire.com: Chicago housing newsPublished on August 31, 2010, 1:48 pm
Aug. 31, 2010. When you buy a new home from Shodeen Residential, you can count on simple one-stop shopping for each of these significant selections, thanks to the builder's co...
$50,000 savings at Acadia on the Green in Downers Grove HousingNewswire.com: Chicago housing newsPublished on August 31, 2010, 1:06 pm
Aug. 31, 2010. With the introduction of a new decorated model, $50,000 worth of incentives, continued great mortgage rates, and pricing from the upper $200,000s, sales are gai...
Housing quagmire: Is it time to remove relief? Home mortgage rates and real estate news - CNNMoney.comPublished on August 31, 2010, 11:47 am
For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or underemployed with their payments.
Aug. 31, 2010. The eco-friendly Colfax model is now for sale during the builder's closeout sale at The Heritage of Palatine, a new 48-unit luxury condominium development at 50...
Home prices gain 3.6% in past year Home mortgage rates and real estate news - CNNMoney.comPublished on August 31, 2010, 8:53 am
Despite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing.
Chicago home prices up 2.5% in June Real Estate News from ChicagoTribune.comPublished on August 31, 2010, 8:05 am


SIOUX FALLS, SD - U.S. Housing and Urban Development Secretary Shaun Donovan traveled to a Native American community in South Dakota today to announce $65 million in available funding to support a variety of community development and affordable housing production in Indian country throughout the U.S. Donovan made the announcement following a tour of the Rosebud Reservation in South Dakota with Senator Tim Johnson.
ST Residential Launches in Atlanta Chicago Real Estate on MSNBC.comPublished on August 31, 2010, 2:48 am
who leads the company with 20 years of real estate and hospitality experience. ST was formed after the Chicago-based Corus Bank failed on September 11, 2009. The Federal Deposit Insurance Corporation (FDIC) was named the ...
Faulty elevator to blame for Dubai tower closure Chicago Real Estate on MSNBC.comPublished on August 31, 2010, 2:48 am
Dubai boomed on borrowed wealth that went into extravagant real estate projects such as islands shaped like palm trees ... The tower was designed by Chicago-based Skidmore, Owings & Merrill, which has a long track record ...
New Hotel Jerome owners starting Cortina renovation Chicago Real Estate on Yahoo! NewsPublished on August 31, 2010, 2:06 am
The new owners of the Hotel Jerome have started renovations to their employee housing, at the old Cortina Lodge on Main Street. All rooms are being gutted and remodeled.
Trecap-Marquette JV Buys Apts for $47M GlobeSt.comPublished on August 31, 2010, 12:57 am

SCHAUMBURG, IL-The venture purchased the 428-unit Lakes at Schaumburg from Cornerstone Real Estate Advisors.

Hot air balloon visits school Chicago Real Estate on Yahoo! NewsPublished on August 30, 2010, 1:35 pm
The students at Immaculate Conception School, 7263 W. Talcott Ave., Chicago, got an exciting introduction to hot air ballooning when the RE/MAX Hot Air Balloon and its crew visited the school Aug. 23. The visit was part of an ongoing interactive educational program developed and sponsored by the RE/MAX Metro Chicago real estate network.
Surprise! Banks help more homeowners than Obama Home mortgage rates and real estate news - CNNMoney.comPublished on August 30, 2010, 6:21 am
Remember how everyone complained that banks weren't doing enough to help troubled borrowers?
Hot air balloon visits school Chicago WirePublished on August 30, 2010, 6:00 am
... visit was part of an ongoing interactive educational program developed and sponsored by the RE/MAX Metro Chicago real estate network. The 400 students and staff at Immaculate Conception learned about various aspects of ballooning, including its ...
Job Growth Pushes Apt Rents, Construction GlobeSt.comPublished on August 30, 2010, 12:21 am

CHICAGO-Chicago employers will add 40,000 jobs in 2010, but deals for multifamily purchases are still being held back by tight lending, according to Marcus & Millichap.

A Chicago real estate developer and fast-food magnate, Antoin "Tony" Rezko was a longtime fundraiser for Obama. Prosecutors have charged him with fraud, attempted ...
With a winning bid of just $1.75, a Chicago woman won an auction for an abandoned home in Saginaw, Mich. She was the top bidder during an auction on eBay, The Saginaw ...
Ex-Gov. Blagojevich appears at <b>Chicago</b> Comic Con Chicago Real Estate on MSNBC.comPublished on August 29, 2010, 2:48 pm
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... Blagojevich showed up at the Comic-Con Convention in Chicago. There he is ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... Blagojevich showed up at the Comic-Con Convention in Chicago. There he is ...
Sun-Times Media expands Blockshopper deal Chicago Real Estate on MSNBC.comPublished on August 29, 2010, 4:48 am
CHICAGO — Sun-Times Media, the owner of the Chicago Sun-Times and other newspapers, said Monday it has expanded its partnership Blockshopper.com to offer real estate ...
CHICAGO — For millions of Americans the rule is simple: If you don't come to ... Stuck at home, she had to call other real estate agents to attend everything from home ...
Virtual retirement village Real Estate News from ChicagoTribune.comPublished on August 29, 2010, 12:00 am
Intentional communities provide seniors the option to remain in their own homes

Move to this community yet stay in your home.


Q. The builder of my condominium association went bankrupt before the association was turned over to the unit owners. We have a management company running things that is not answerable to anyone. The property manager tells us that we cannot form our own board until the bankruptcy proceedings are complete. Is this correct?


Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... ford's ceo alan mulally, thanks so much. great work for the people in chicago ...
Marquee homes languish on Calif. housing market Chicago Real Estate on MSNBC.comPublished on August 27, 2010, 9:48 pm
Real estate agent Zack Anawalt said his firm, which recently took over the home's sale, plans to relist it next week at about $2 million. And in the Highland Park suburb of Chicago, the modernist glass-and-steel box ...
Tribune files no new bankruptcy plan Chicago Real Estate on MSNBC.comPublished on August 27, 2010, 7:48 pm
Chicago Tribune and more than 20 television stations ... less than a year after real estate developer Sam Zell led a more than $8 billion leveraged buyout of the media company. Last month, a court examiner said in his ...
'We are a neighborhood of families' Real Estate News from ChicagoTribune.comPublished on August 27, 2010, 1:23 pm
Archer Heights a close-knit, working-class community in convenient location

Traffic flies by on Archer Avenue as if it were taking off from a runway at nearby Midway International Airport. The six lanes of concrete — two for parking and four for navigating one of the city's famous diagonal streets — resemble a runway. It's wide, straight and exudes an all-business attitude.


Remodeling your home? Get online Home mortgage rates and real estate news - CNNMoney.comPublished on August 27, 2010, 10:50 am
Home improvement is one of the fastest-growing segments of e-commerce. But the consequences of a bad decision when it comes to finding a contractor or remodeling products online are far worse than buying the wrong paperback.
Comedian sues couple who would not sell him home Chicago Real Estate on MSNBC.comPublished on August 27, 2010, 10:48 am
Attorneys for Chicago radio personality and comedian George Willborn have filed a $100 million discrimination ... real estate agent Jeffrey Lowe and Prudential Rubloff Properties. Attorneys for the defendants were not ...
ECM Realty files for an IPO Chicago Real Estate on MSNBC.comPublished on August 27, 2010, 5:48 am
ECM is a Chicago-based real estate company that owns office, industrial and retail properties that are leased to high credit tenants on a long-term basis. Following the IPO, the company will own 39 properties in 18 ...
NRC Looks For Buyers on Nine Foreclosures GlobeSt.comPublished on August 27, 2010, 1:46 am

CHICAGO-NRC Realty and Capital Advisors LLC was retained to find bidders on foreclosed convenience stores and development sites in California, Delaware and Pennsylvania. Plus more Midwest news.

Former Blackhawks player lists River North condo Real Estate News from ChicagoTribune.comPublished on August 27, 2010, 12:00 am
Dallas Stars winger Adam Burish, who last month left the Blackhawks just three weeks after helping the team win the Stanley Cup, has listed his two-bedroom duplex penthouse condo unit in River North for $1.05 million.


Will deck addition add value to home at resale time? Real Estate News from ChicagoTribune.comPublished on August 27, 2010, 12:00 am
Q. I have never built a deck on my home because the sun shines there the majority of the afternoon. Will the lack of a deck have any effect on the sale of my home since most of the homes in my development have a deck or sun porch?


Illinois Closing Costs Climb 41% GlobeSt.comPublished on August 27, 2010, 12:00 am

CHICAGO-Bankrate.com reported that the closing costs throughout the country had increased to 36.2% in 2009 when compared to that of last year.

Get the most bang from extra mortgage payments Real Estate News from ChicagoTribune.comPublished on August 27, 2010, 12:00 am
Q: In response to your question about whether it is better to make additional mortgage payments monthly or annually, I believe you are correct that monthly payments are better than if the annual payment is made at year's end.


Positives and Negatives of Holding a Private Island GlobeSt.comPublished on August 27, 2010, 12:00 am

CHICAGO-Prices of the well-developed island assets located near to highly inhabited areas have declined. However, sales of luxurious and isolated private islands in astonishing localities have been stable during the economic downturn.

A reality check on closing costs Real Estate News from ChicagoTribune.comPublished on August 27, 2010, 12:00 am
Mortgage closing costs have skyrocketed — but then again, they haven't. Maybe it would be more accurate to say that they've just gotten real.


The dreams and nightmares of owning a private island Real Estate News from ChicagoTribune.comPublished on August 27, 2010, 12:00 am
From the rocky shoals of Maine to the beaches of California, residential home prices have fallen hard during the great recession. Commercial property values have followed. New-home construction has all but collapsed.


Transit Score a change of pace for Chicago homebuyers Real Estate News from ChicagoTribune.comPublished on August 27, 2010, 12:00 am
With its 2-year-old Walk Score product already used by more than 4,000 realty Web sites, Seattle-based software company Front Seat has expanded its data options so Chicago homebuyers can see whether a potential neighborhood is public transit-friendly as well as walkable.


Bring natural light into your home Real Estate News from ChicagoTribune.comPublished on August 27, 2010, 12:00 am
A change in season can make many people feel down or even depressed. Maybe we all just need to lighten up — literally.


Hollywood name could lead Tribune Co. Chicago Real Estate on Yahoo! NewsPublished on August 26, 2010, 8:02 pm
Media firm's creditors in talks with former Disney CEO Eisner Former Walt Disney Co. Chief Executive Michael Eisner is in discussions that could lead to his return to the media spotlight as chairman of now-bankrupt Tribune Co.
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging Testa Family Enterprises, LTD, owner of Royal Arms Apartments in Ravenna, Ohio, and the complex's manager with housing discrimination for allegedly refusing to rent certain apartments to families with young children. HUD's charge alleges that manager Christine Testa and Testa Family Enterprises, LTD, violated the Fair Housing Act by limiting or refusing to rent to families with small children.
Tribune Co. has $1.6 bln in cash in bankruptcy Chicago Real Estate on MSNBC.comPublished on August 26, 2010, 5:48 pm
Chicago Tribune, The (Baltimore) Sun and other dailies, along with 20 TV stations. Its bankruptcy filing came about a year after a buyout engineered by real estate mogul Sam Zell added more debt than it could afford.
Ex-Disney CEO in Talks With Tribune Co. Chicago Real Estate on Yahoo! NewsPublished on August 26, 2010, 5:07 pm
Michael Eisner may become chairman of the troubled company. Published: Thursday, August 26, 2010 at 5:49 p.m. Last Modified: Thursday, August 26, 2010 at 5:48 p.m.
ECM Realty files for an IPO Chicago Real Estate on MSNBC.comPublished on August 26, 2010, 4:48 pm
Property owner ECM Realty Trust is planning an initial public offering worth up to $380 million, according to a Securities and Exchange Commission filing on Thursday. ECM is a Chicago-based real estate company that owns ...
The Chicago radio personality who had a real estate deal nixed at the last minute because the sellers found out he and his family were black has filed a $100 million lawsuit in federal court. "No one can understand what ...
Ex-Disney CEO Eisner a Candidate to Lead Tribune Co. Chicago Real Estate on Yahoo! NewsPublished on August 26, 2010, 4:29 pm
Former Walt Disney Co. Chief Executive Michael D. Eisner is in discussions that could lead to his return to the media spotlight - as chairman of the now-bankrupt Tribune Co.
Man who lost job in Tampa on NBC's 'Apprentice' Chicago Real Estate on MSNBC.comPublished on August 26, 2010, 2:48 pm
unemployed real estate agent; Miami Kelly Smith Beaty, 30, laid off from PR job; Fayetteville, Ga. Poppy Carlig, 24, recent Stanford grad; Richmond, Calif. Stephanie Castagnier, 34, former banker; Chicago Nicole Chiu,
Aug. 26, 2010. Today's homebuyers are value conscious and recognize a great buy when they see one. That's why traffic continues at a strong pace at Millbrook Pointe, a value-o...
Aug. 26, 2010. Merit Homes has announced new exceptional pricing for their 2 to 3-bedroom ranch or two-story homes at The Enclave at The Reserve at the Merit Club, a picturesq...
Fewer mortgages are in default Home mortgage rates and real estate news - CNNMoney.comPublished on August 26, 2010, 12:31 pm
Fewer mortgage borrowers are delinquent on their loan payments, according to the latest data from the Mortgage Bankers Association.
Real estate signs advertise the sale of three homes in a row in Encinitas, Calif. last ... western markets like Arizona and Las Vegas, and once-strong markets like Chicago ...
Say goodbye to the McMansion Home mortgage rates and real estate news - CNNMoney.comPublished on August 26, 2010, 11:33 am
The American home is shrinking. Toll the bell for the McMansion.
Median price heat map Real Estate News from ChicagoTribune.comPublished on August 26, 2010, 10:22 am
Check property values and price changes for up to 5 years.


(Crain's) Michael Eisner, former Walt Disney Co. CEO, could become chairman of Tribune Co., according to a Chicago Tribune report.
Mortgage rates keep sinking; hit low of 4.36% Real Estate News from ChicagoTribune.comPublished on August 26, 2010, 9:40 am


WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $312 million to 13 states to invest in efforts to reduce the human, physical, and economic toll of future disasters. The grants announced today are provided through HUD's Disaster Recovery Enhancement Fund (DREF) and are intended to encourage states to undertake activities and long-term strategies that focus on reducing damages from future natural disasters.
Ramco-Gershenson Buys Center for $15M GlobeSt.comPublished on August 26, 2010, 2:42 am

WAUCONDA, IL-Mid-America Real Estate Corp., representing seller Fritz Duda Co., says $10 million in other recent property sales show that more buyers are in the market.

Hyatt Center Going on the Block Chicago WirePublished on August 26, 2010, 2:36 am
... start next month. About $2.3 billion of downtown assets were disposed in June. For the full story, go to Chicago Real Estate Daily . GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and ...
The Securities and Exchange Commission on Wednesday approved changes that make it easier for shareholders to nominate directors of public companies.
Bank Files Foreclosure Suit Against West Town Development GlobeSt.comPublished on August 26, 2010, 12:00 am

CHICAGO-First Commercial Bank has filed foreclosure lawsuits demanding more than $3.5 million against a 24-unit project on the 800 block of North California Avenue, constructed by JPV Development Group Inc.

Hollywood name could lead Tribune Co. Chicago Real Estate on Yahoo! NewsPublished on August 25, 2010, 11:53 pm
Media firm's creditors in talks with former Disney CEO Eisner Media firm's creditors in talks with former Disney CEO Michael Eisner.
Hollywood name could lead Tribune Co. Chicago Real Estate on Yahoo! NewsPublished on August 25, 2010, 9:32 pm
Media firm's creditors in talks with former Disney CEO Eisner Former Walt Disney Co. Chief Executive Michael Eisner is in discussions that could lead to his return to the media spotlight as chairman of now-bankrupt Tribune Co.
LOS ANGELES - Former Walt Disney Co. Chief Executive Michael D. Eisner is in discussions that could lead to his...
The house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn't look like a $355,000 home. There is no front door and most of the windows are ...
(Crain's) Michael Eisner, former Walt Disney Co. CEO, could become chairman of Tribune Co., according to a Chicago Tribune report.
Tribune creditors are considering Eisner as a possible candidate to replace Chairman Sam Zell at the media conglomerate after it emerges from bankruptcy, sources say. Former Walt Disney Co. Chief Executive Michael D. Eisner is in discussions that could lead to his return to the media spotlight as chairman of troubled Tribune Co.
Tribune talking to Michael Eisner about top job Chicago Real Estate on Yahoo! NewsPublished on August 25, 2010, 5:57 pm
Tribune Co.'s largest creditors are in preliminary talks with former Walt Disney Co. CEO Michael Eisner to take the chairman role and Jeff Shell, who currently runs Comcast's cable networks, to become CEO.
Existing home sales drop 27% Chicago Real Estate on MSNBC.comPublished on August 25, 2010, 5:48 pm
Sellers in sluggish markets like Las Vegas and Chicago can expect to wait an average of more than five months to sell their homes, according to real estate brokerage ZipRealty Inc. It's even worse in Palm Beach,
Tribune talking to Michael Eisner about top job Chicago Real Estate on Yahoo! NewsPublished on August 25, 2010, 5:44 pm
Tribune Co.'s largest creditors are in preliminary talks with former Walt Disney Co. CEO Michael Eisner to take the chairman role and Jeff Shell, who currently runs Comcast's cable networks, to become CEO.
Former Walt Disney Co. Chief Executive Michael Eisner is in discussions that could lead to his return to the media spotlight -- as chairman of the now-bankrupt Tribune Co.
Former Walt Disney Co. Chief Executive Michael D. Eisner is in discussions that could lead to his return to the media spotlight as chairman of the now-bankrupt Tribune Co.
Will Michael Eisner be Tribune Co.'s next chairman? Chicago Real Estate on Yahoo! NewsPublished on August 25, 2010, 5:06 pm
Former Walt Disney chief executive Michael Eisner is in discussions that could lead to his return to the media spotlight -- as chairman of the now-bankrupt Tribune Co. The Chicago -based media company's largest creditors are having preliminary conversations with prospective candidates who could operate Tribune Co. once it emerges from bankruptcy, according to several people with knowledge of the ...
Edens Corporate Center Missing Loan Payments Chicago Real Estate on Yahoo! NewsPublished on August 25, 2010, 2:02 pm
Membership is FREE and provides access to a world of timely information, expert insight and analysis, and an unparalleled array of resources not available from other commercial real estate media outlets.
Hyatt Center Going on the Block Chicago Real Estate on Yahoo! NewsPublished on August 25, 2010, 1:48 pm
CHICAGO-The 49-story Hyatt Center situated at 71 S. Wacker Drive is going to be listed for sale by the Pritzker family, with hopes of fetching about $575 million. The 1.5-million-square-foot building is 95% leased.
But the recent boom in foreign investment has included areas such as Atlanta, Chicago and Las Vegas, said Mark Levine, director of the Burns School of Real Estate and ...
Housing's a wreck. Builders rally. Huh? Home mortgage rates and real estate news - CNNMoney.comPublished on August 25, 2010, 11:46 am
Stop me if you've heard this before. The housing market is still in shambles.
Sales of new homes hit slowest pace on record Chicago Real Estate on MSNBC.comPublished on August 25, 2010, 10:48 am
Real Estate Wonderwall Horoscopes Shopping Yellow Pages Local Edition Traffic Feedback Maps & Directions Travel Full MSN ... Gator spotted swimming in Chicago River
New home sales drop 12.4% Home mortgage rates and real estate news - CNNMoney.comPublished on August 25, 2010, 10:34 am
New home sales unexpectedly fell in July to the lowest level on record as the housing market continued to suffer from the end of the homebuyer tax credit boost.
Toll Brothers: First profit in 3 years Home mortgage rates and real estate news - CNNMoney.comPublished on August 25, 2010, 9:49 am
Homebuilder Toll Brothers made a profit last quarter -- its first in three years. And it largely has Uncle Sam's tax credits to thank for it.
Best moves for home buyers and sellers Home mortgage rates and real estate news - CNNMoney.comPublished on August 25, 2010, 7:57 am
Plenty of forces, from overly cautious lenders to inaccurate appraisals, are wrecking real estate deals right now. But one of the biggest roadblocks to getting a house sold these days is the disconnect between buyers and sellers.
Housing Starts/Building Permits U.S. Census Bureau Economic Briefing RoomPublished on August 25, 2010, 7:48 am

Privately-owned housing starts in July 2010 were at a seasonally adjusted annual rate of 546,000. This is 1.7 percent above the revised June 2010 estimate of 537,000.

July 2010: +1.7 % change
June 2010: -8.7 % change
WASHINGTON - The U.S. Department of Housing and Urban Development announced today that it is making $189 million in grants available to transform public and assisted housing and to revitalize communities. Appearing in today's Federal Register are the Notices of Funding Availability, the federal application, for two revitalization initiatives: The Choice Neighborhoods FY 2010 and the HOPE VI FY 2010. Both applications can be accessed at www.grants.gov.
CHICAGO, IL — Titan Commercial Principal Ben Rosenfield and Jared Fisher ... Titan Commercial is a commercial real estate brokerage firm whose mission is to improve the lives beyond those involved in the negotiation.
CHICAGO — Real estate magnate Sam Zell took control of newly private Tribune Co. on ... Jump to text. Real estate magnate Sam Zell took control of new...
This landmark estate is the personal home of renowned ... Gator spotted swimming in Chicago River ... Msnbc.com asked real estate agents in several markets for five ...
Edens Corporate Center Missing Loan Payments GlobeSt.comPublished on August 25, 2010, 12:00 am

CHICAGO-The owner of the Edens Corporate Center situated at 630-650 Dundee Road has defaulted on the center's $23 million loan from June onwards.

Chicago area home sales plunge in July Real Estate News from ChicagoTribune.comPublished on August 24, 2010, 11:20 pm
Despite significant price declines, housing market dries up after federal tax credit ends

During three decades of working for Allstate Corp., California native Roger Parker never shed his desire to grab his surfboard and a good wave, and he thought he'd be able to return to that lifestyle when he retired 18 months ago.


A real estate agent who has sold apartments in that building values Clark's at roughly $100 million. She hasn't been seen here in about 22 years. Collier, Halpern, Newberg, Nolletti & Bock Wallace "Wally" Bock,
In weak housing market, can sellers stand out? Chicago Real Estate on MSNBC.comPublished on August 24, 2010, 6:48 pm
com asked real estate agents in several markets for five tips for actually selling your home in a sluggish market. 1. Price, price, price In a market thick with foreclosed homes and short sales, even people who are ...
Low prices and rates can't slow fall in home sales Chicago Real Estate on MSNBC.comPublished on August 24, 2010, 4:48 pm
Sellers in sluggish markets like Las Vegas and Chicago can expect to wait an average of more than five months to sell their homes, according to real estate brokerage ZipRealty Inc. It's even worse in Palm Beach,
A real estate agent who has sold apartments in that building values Clark's at roughly $100 million. She hasn't been seen here in about 22 years. Collier, Halpern, Newberg, Nolletti & Bock Wallace "Wally" Bock,
10-year yield at 19-month low Home mortgage rates and real estate news - CNNMoney.comPublished on August 24, 2010, 4:00 pm
Treasury yields continued to fall Tuesday, with the yield on the benchmark 10-year note holding near a 19-month low, as a spate of dour economic news has driven investors into safer assets, like government-backed debt.
Plunging home sales could sink recovery Home mortgage rates and real estate news - CNNMoney.comPublished on August 24, 2010, 3:03 pm
With home sales plunging to their lowest level in 15 years, economists warn that a double-dip in housing prices is just around the corner, threatening to further slow the overall recovery.
Politics not behind <b>Chicago</b> bank seizure: watchdog Chicago Real Estate on MSNBC.comPublished on August 24, 2010, 1:48 pm
There is no evidence that politics played a role in the government seizure of a Chicago bank owned by the ... Republicans have condemned Giannoulias' role in the bank's shoddy real estate portfolio that included loans to ...
Real estate prices are down 15 percent in Magee, but realtors chalk that up to the bad ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn't ...
CHICAGO — Capmark Financial Group, one of the largest U.S. commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt, becoming the ...
Filtering through water filtration systems Real Estate News from ChicagoTribune.comPublished on August 24, 2010, 11:11 am
Pros and cons — and costs — of different options for the home

Germs, lead, chemicals, prescription drugs — they can all be in our drinking water, and not every municipal treatment system can get them all out. If you're concerned about what's in your water or even just unhappy with the taste, a filter may be an option.


Decorating a 9,000-square-foot mansion Real Estate News from ChicagoTribune.comPublished on August 24, 2010, 11:07 am
Starting from scratch can be freeing, exhilarating — and scary. Interior designer Scott Sanders tells how he achieved continuity in furnishing and decorating an oversize family home

Starting from scratch can be freeing, exhilarating — and scary. Interior designer Scott Sanders tells how he achieved continuity in furnishing and decorating an oversize family home.


Some rules for renewing decks and porches say you should pressure wash; others say it causes damage. Some recommend bleach; others say avoid it. And some say sanding is a last resort, but others say it's the only way to steer clear of grass-killing chemicals.


Regulators shut down big <b>Chicago</b> bank, 7 others Chicago Real Estate on MSNBC.comPublished on August 24, 2010, 10:48 am
WASHINGTON — Regulators on Friday shut down a big community bank based in Chicago that has been known ... ShoreBank lost $39.5 million in the second quarter amid soured real estate loans. The bank had been under a so ...
Chicago home sales plummet in July Real Estate News from ChicagoTribune.comPublished on August 24, 2010, 8:20 am
Many real estate agents, while pleased with a positive first-half performance, are beginning to think their year has peaked.


With a winning bid of just $1.75, a Chicago woman won an auction for an abandoned home in Saginaw, Mich. She was the top bidder during an auction on eBay, The Saginaw ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
BMO Achieves Carbon Neutrality Chicago Real Estate on MSNBC.comPublished on August 24, 2010, 6:48 am
Harris Bank's Chicago office has been designated as a GREEN OFFICE by leading sustainable real estate firm Hines. BMO's Corporate Responsibility website has a section devoted to addressing climate change (www.
Kitchen flooring: Vinyl, composite and wood options Real Estate News from ChicagoTribune.comPublished on August 24, 2010, 12:00 am
No reason to be floored by options underfoot

A recent column about kitchen flooring options reaped these pieces of reader advice.


Colo., Ark. malls to be managed by <b>Chicago</b> company Chicago Real Estate on MSNBC.comPublished on August 23, 2010, 11:48 pm
said Chicago-based Urban Retail Properties LLC would provide management ... the managing broker in the Oklahoma City office of Marcus and Millichap Real Estate Investment Services, said while enclosed malls "will never ...
How to protect your money during deflation Chicago Real Estate on MSNBC.comPublished on August 23, 2010, 7:48 pm
CHICAGO — Deflation is the potential new boogeyman for consumers ... when bubbles in the stock and real estate markets burst and the economy fell into years of recession and stagnation. The danger doesn't appear ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
How to protect your money during deflation Chicago Real Estate on MSNBC.comPublished on August 23, 2010, 5:48 pm
CHICAGO — Deflation is the potential new boogeyman for consumers ... when bubbles in the stock and real estate markets burst and the economy fell into years of recession and stagnation. The danger doesn't appear ...
Understanding deflation and your money Chicago Real Estate on MSNBC.comPublished on August 23, 2010, 4:48 pm
when bubbles in the stock and real estate markets burst and the economy fell into years of recession and stagnation ... a Chicago-based financial services firm. Over the next three to five years, she says,
The latest real estate rip-off? Home mortgage rates and real estate news - CNNMoney.comPublished on August 23, 2010, 2:22 pm
Would you be willing to pay the original builder a fee when you resell your home? That's an obligation some developers are trying to slap on homeowners in their communities.
Regulators shut down big <b>Chicago</b> bank, 7 others Chicago Real Estate on MSNBC.comPublished on August 23, 2010, 12:48 pm
WASHINGTON — Regulators on Friday shut down a big community bank based in Chicago that has been known ... ShoreBank lost $39.5 million in the second quarter amid soured real estate loans. The bank had been under a so ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
Sun-Times Media expands Blockshopper deal Chicago Real Estate on MSNBC.comPublished on August 23, 2010, 10:48 am
Sun-Times Media, the owner of the Chicago Sun-Times and other newspapers, said Monday it has expanded its partnership Blockshopper.com to offer real estate news and information to online readers and advertisers. Sun ...
Mortgage lenders must now pay the difference if a loan's closing costs come in higher than they estimated, which means no more lowballing to lure customers.

Facing new penalties if they lowball estimates of upfront mortgage costs, lenders and brokers appear to be coming clean about how much borrowers will pay.


Mosque uproar tests limits of Americans' tolerance Chicago Real Estate on MSNBC.comPublished on August 22, 2010, 7:48 pm
Although not declaring his outright support for the mosque planners' real estate choice, President Barack Obama has defended ... who had emigrated to Chicago in 1939, survived. Rosenblum eventually joined him,
... the FDIC will cover 80% of the losses of certain loans and foreclosed real estate at Ravenswood. "This transaction further complements our strategy of expansion into the city of Chicago and adds a suburban location ...
Colo., Ark. malls to be managed by <b>Chicago</b> company Chicago Real Estate on MSNBC.comPublished on August 22, 2010, 6:48 pm
said Chicago-based Urban Retail Properties LLC provide management ... the managing broker in the Oklahoma City office of Marcus and Millichap Real Estate Investment Services, said while enclosed malls "will never be ...
New look or new stadium for Panthers? Chicago Real Estate on MSNBC.comPublished on August 22, 2010, 10:48 am
Two of those 13 stadiums - Chicago's Soldier Field and Green Bay's Lambeau Field - were recently rebuilt ... Though the real estate market is severely depressed, it could rebound, with empty parcels being snapped up.
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn't ...
Blagojevich On Obama's Ties To Tony Rezko Chicago WirePublished on August 21, 2010, 4:46 pm
... that Obama, even more than himself, had a longstanding, close association with Antoin "Tony" Rezko, the Chicago real estate developer who had become the subject of his own federal probe - one that ultimately led to Rezko's conviction on fraud and ...
Mosque flap tests limits of US tolerance Chicago Real Estate on MSNBC.comPublished on August 21, 2010, 3:48 pm
Although not declaring his outright support for the mosque planners' real estate choice, President Barack Obama has defended ... who had emigrated to Chicago in 1939, survived. Rosenblum eventually joined him,
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
Mosque flap tests limits of US tolerance Chicago Real Estate on MSNBC.comPublished on August 21, 2010, 11:48 am
Although not declaring his outright support for the mosque planners' real estate choice, President Barack Obama has defended ... who had emigrated to Chicago in 1939, survived. Rosenblum eventually joined him,
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
"Buyers just aren't stepping up to the plate," wrote Mike Larson, real estate analyst ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
Regulators shut down big <b>Chicago</b> bank, 7 others Chicago Real Estate on MSNBC.comPublished on August 21, 2010, 12:48 am
Regulators on Friday shut down a big community bank based in Chicago that has been known for its ... ShoreBank lost $39.5 million in the second quarter amid soured real estate loans. The bank had been under a so-called ...
Regulators shut down big <b>Chicago</b> bank, 7 others Chicago Real Estate on MSNBC.comPublished on August 20, 2010, 10:48 pm
Regulators on Friday shut down a big community bank based in Chicago that has been known for its ... ShoreBank lost $39.5 million in the second quarter amid soured real estate loans. The bank had been under a so-called ...
Regulators close <b>Chicago</b>'s ShoreBank Chicago Real Estate on MSNBC.comPublished on August 20, 2010, 9:48 pm
... real estate. Attempts to rescue ShoreBank have played out in the media for months, with lawmakers and watchdogs questioning whether special treatment was being given to the bank. ShoreBank is located on Chicago's ...
... that Obama, even more than himself, had a longstanding, close association with Antoin "Tony" Rezko, the Chicago real estate developer who had become the subject of his own federal probe one that ultimately led to Rezko's conviction on fraud and ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards ...
Real estate prices are down 15 percent in Magee, but realtors chalk that up to the bad ... The house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn't ...
Regulators shut big <b>Chicago</b>-based bank Chicago Real Estate on MSNBC.comPublished on August 20, 2010, 7:48 pm
WASHINGTON — Regulators on Friday shut down a big community bank based in Chicago that has been known ... ShoreBank lost $39.5 million in the second quarter amid soured real estate loans. The bank had been under a so ...
Foreclosure program losing its punch Home mortgage rates and real estate news - CNNMoney.comPublished on August 20, 2010, 2:43 pm
The president's signature foreclosure rescue plan is losing its punch, according to a federal report released Friday.
Tribune Co. says negotiations have failed Chicago Real Estate on MSNBC.comPublished on August 20, 2010, 12:48 pm
the Chicago Tribune, other daily newspapers and 20 broadcast stations ... which was orchestrated by real estate mogul Sam Zell. Klee concluded that it is "somewhat likely" that a court would conclude fraudulent behavior ...
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the August edition of the Obama Administration's Housing Scorecard (www.hud.gov/scorecard), a comprehensive report on the nation's housing market. In July, housing prices remained level after 30 straight months of decline, while some price predictions have improved. In addition, historic low interest rates continued to promote home affordability and refinancing options for the nation's families. However, the market remains fragile with foreclosure starts showing a slight increase and serious delinquencies continuing to work through the pipeline.
Watch live: Reaction to Blagojevich verdict at Chicago federal courthouse ... In addition, he’s dealt with some real estate agents who he thinks haven’t ...
Mortgage fraud thrives in good and bad times Chicago Real Estate on MSNBC.comPublished on August 20, 2010, 6:48 am
CHICAGO — The house on the 53rd block of South Wood ... He describes mortgage fraud as "pervasive" and fears it is exacerbating the nation's real estate woes. "That, in turn, could act as an anchor on the economic ...
Refinancing applications at 15-month high Home mortgage rates and real estate news - CNNMoney.comPublished on August 20, 2010, 5:23 am
Applications for mortgage refinancing hit a 15-month high last week as interest rates remained near historic lows, a mortgage bankers' group said Wednesday.
Judge OKs General Growth's disclosure statement Chicago Real Estate on MSNBC.comPublished on August 19, 2010, 7:48 pm
The Chicago-based company filed the largest real estate bankruptcy case in U.S. history in April 2009 under the weight of nearly $28 billion in liabilities. It has since restructured billions in debt and put together a ...
5 most affordable cities to buy a house Home mortgage rates and real estate news - CNNMoney.comPublished on August 19, 2010, 4:38 pm
These are the five most affordable major metro areas in the nation for homebuyers and five markets where home prices are least affordable.
Eye-Dance, U-Dance 8/21 CPD Home Page Events feedPublished on August 19, 2010, 12:00 pm
Eye-Dance, U-Dance 8/21
Featuring boxing & ballet with cast members from Billy Elliot at Pritzker Park (downtown).
Blagojevich could lose home if jury convicts him Chicago Real Estate on MSNBC.comPublished on August 19, 2010, 10:48 am
... alderman in Chicago, and could be expected to lend his daughter and grandchildren a helping hand. And though she's fallen under scrutiny of federal investigators, Patti Blagojevich still has her real estate career.
Titan Commercial Completes Medical Office Lease Chicago Real Estate on MSNBC.comPublished on August 19, 2010, 6:48 am
Hubbard Street in Chicago. For more information visit the HRS website at www.healthrs.net. Founded in 2007, Titan Commercial is a commercial real estate brokerage firm whose mission is to improve the lives beyond those ...
... About Dream Town Realty Dream Town is largely recognized as the leader in online Chicago real estate. Its top-ranked website receives tens of thousands of unique visitors weekly. The company has developed proprietary technology and applications to ...
... estate workgroup designed to publish data standards for the commercial real estate market. The new workgroup, during a meeting at the National Association of Realtors®' headquarters in Chicago, Ill., examined ...
General Growth: Blackstone to invest $500M Chicago Real Estate on MSNBC.comPublished on August 18, 2010, 3:48 pm
which is based in Chicago, filed the nation's largest real estate bankruptcy case in U.S. history in April 2009. At the time, it owned about 200 shopping malls, including Faneuil Hall in Boston, the Glendale Galleria in ...
Remove what from where? Orifice surgeries expand Chicago Real Estate on MSNBC.comPublished on August 18, 2010, 12:48 pm
a retired real estate broker who says she was about 70 pounds overweight before the ... Horgan said he’s had people from as far away as Chicago want to come to San Diego after researching the operation on the internet ...
Remove what from where? Orifice surgeries expand Chicago Real Estate on MSNBC.comPublished on August 18, 2010, 9:48 am
a retired real estate broker who says she was about 70 pounds overweight before the ... Horgan said he’s had people from as far away as Chicago want to come to San Diego after researching the operation on the internet ...
Remove what from where? Orifice surgeries expand Chicago Real Estate on MSNBC.comPublished on August 18, 2010, 8:48 am
a retired real estate broker who says she was about 70 pounds overweight before the ... Horgan said he’s had people from as far away as Chicago want to come to San Diego after researching the operation on the internet ...
Retail property owner Inland Real Estate Corp. said Tuesday it bought a shopping center in Chicago for $28.8 million from an unidentified seller.
The house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn ... mortgage fraud as "pervasive" and fears it is exacerbating the nation's real estate woes. "That, in turn, could act as an anchor ...
New home construction rises, but outlook weakens Home mortgage rates and real estate news - CNNMoney.comPublished on August 17, 2010, 8:22 am
New home construction ticked higher in July, but indications of future building were weak, the government said Tuesday.
By Nick Carey CHICAGO (Reuters) - The house on the 53rd block ... He describes mortgage fraud as "pervasive" and fears it is exacerbating the nation's real estate woes. "That, in turn, could act as an anchor on the ...
including the assumption that both real estate values and the unemployment picture will improve gradually ... Founded in 1968 and headquartered in Chicago, TransUnion employs associates in more than 25 countries on five ...
New York's No. 1 in home closing costs Home mortgage rates and real estate news - CNNMoney.comPublished on August 16, 2010, 2:32 pm
If you're getting a mortgage in New York, bring a fat checkbook to the closing table: Closing costs there are the highest in the nation, according to a survey by mortgage website Bankrate.com.
Watch a Chicago Park District Board Meeting CPD Park Updates feedPublished on August 16, 2010, 12:00 pm
Watch a Chicago Park District Board Meeting
Watch the August 11, 2010 Board meeting here
... visit is part of an on-going interactive educational program developed and sponsored by the RE/MAX Metro Chicago real estate network. The 400 students and staff at Immaculate Conception will learn about various aspects of ballooning, including its ...
Citywide Cooling Centers This Weekend CPD Park Updates feedPublished on August 13, 2010, 12:00 pm
Citywide Cooling Centers This Weekend
Keep cool this weekend at the Chicago Park District's 29 citywide cooling centers.
Advance Monthly Sales for Retail and Food Services U.S. Census Bureau Economic Briefing RoomPublished on August 13, 2010, 7:48 am

U.S. retail and food service sales for July reached $362.7 billion, a increase of 0.4 percent (±0.5%)* from the previous month.

July 2010: 0.4 % change
June 2010: -0.3 % change
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... trend, and suggests subdued inflationary pressure for the coming year, the Chicago ...
CHICAGO — For millions of Americans the rule is simple: If you don't come to ... Stuck at home, she had to call other real estate agents to attend everything from home ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... be out of the newspaper business and to end their battles with Tribune's Chicago ...
construction and commercial real estate portfolio. Also contributing to the ... serves a market area which extends from the far western and southern suburbs of the Chicago metropolitan area across Central Illinois down ...
Parking Tickets on the Rise Chicago Real Estate on MSNBC.comPublished on August 12, 2010, 8:48 pm
... it to a real estate deal. "You try to get a price today, its like trying to sell your house. You try to sell your house, they question your sanity." The city gets the revenues from parking tickets, but Chicago ...
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging a Chicago couple, their real estate agent, and a real estate broker with refusing to sell a home listed for $1.799 million to a black couple because of their race, in violation of the Fair Housing Act. The charge alleges that owners Daniel and Adrienne Sabbia and real estate agent Jeffrey Lowe stalled negotiations and took the property off the market after receiving a $1.7 million offer from radio personality and comedian George Willborn and his wife, businesswoman Peytyn Willborn.
August and Nature Newsletters CPD Park Updates feedPublished on August 12, 2010, 12:00 pm
August and Nature Newsletters
Hot off the press!
CHICAGO, IL and RED BANK ... real estate values and the way consumers are now managing their finances will continue to fluctuate, which eventually could impact their credit. This potential impact needs to be captured and ...
announced that it would participate as a presenter at the Howe Barnes 15th Annual Bank Conference to be held in Chicago, IL on August 17 ... real estate developers, investors, individuals and municipalities.
Equity Residential shares fall on downgrade Chicago Real Estate on MSNBC.comPublished on August 11, 2010, 3:48 pm
THE BIG PICTURE: Chicago-based Equity Residential owns or has investments in properties ... Okusanya told investors that he expects the real estate investment trust and other apartment owners' earnings will grow next ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... The charges come five months after a Chicago cab driver was charged with trying to ...
Board Meeting Webcast CPD Park Updates feedPublished on August 11, 2010, 12:00 pm
Board Meeting Webcast
Click here at 1030 AM and at 4 PM on August 11, 2010 to view the Committee and Board Meetings live.
WASHINGTON - The Obama Administration today announced additional support to help homeowners struggling with unemployment through two targeted foreclosure-prevention programs. Through the existing Housing Finance Agency (HFA) Innovation Fund for the Hardest Hit Housing Markets (the Hardest Hit Fund), the U.S. Department of the Treasury will make $2 billion of additional assistance available for HFA programs for homeowners struggling to make their mortgage payments due to unemployment. Additionally, the U.S. Department of Housing and Urban Development (HUD) will soon launch a complementary $1 billion Emergency Homeowners Loan Program to provide assistance - for up to 24 months - to homeowners who are at risk of foreclosure and have experienced a substantial reduction in income due to involuntary unemployment, underemployment, or a medical condition.
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging several Bristol, Pennsylvania property owners and their management company with housing discrimination for refusing to rent a one-bedroom apartment to a mother and her seven-year-old daughter. According to HUD's charge, managers and owners Quality Realty Associates and Vincent Quattrocchi, and owners Louis Quattrocchi and Cecilia Quattrocchi, violated the Fair Housing Act by turning away the mother because they did not permit children to live at their 26 apartment units.
real estate values and the way consumers are now managing their finances will continue ... Founded in 1968 and headquartered in Chicago, TransUnion employs associates in more than 25 countries on five continents.
Crain's: Flats on LaSalle in foreclosure Chicago WirePublished on August 10, 2010, 7:32 pm
The Flats on LaSalle condo conversion at 1140 N LaSalle St - a project best known for its tiny, inexpensive studios and one-bedrooms - faces a $7.2 million foreclosure suit, according to Crain's Chicago Real Estate Daily .
Examiner sees signs of misconduct in Tribune deal Chicago Real Estate on MSNBC.comPublished on August 10, 2010, 6:48 pm
... would conclude some fraudulent behavior occurred in the final stages of real estate mogul Sam Zell's buyout of Tribune. The company owns 20 TV stations and newspapers that include the Chicago Tribune and Los Angeles ...
both in Chicago. Leasing Update During the second quarter of 2010 ... Piedmont's total gross real estate assets were $4.5 billion with total debt of $1.4 billion. The Company's total debt-to-gross assets ratio at the end ...
Strategic Hotels shares rise on upgrade Chicago Real Estate on MSNBC.comPublished on August 10, 2010, 12:48 pm
NEW YORK — Shares of Strategic Hotels & Resorts — a real estate investment trust with properties in the U ... Crow upgraded his rating on Chicago-based Strategic Hotels to "Outperform," from "Market Perform."
Corruption-Fighting Cooley Took Gifts Chicago Real Estate on MSNBC.comPublished on August 9, 2010, 6:48 pm
a Los Angeles real estate developer, flew Cooley in 2005 from Chicago to Indiana for a USC game against Notre Dame. He has also given the prosecutor tickets to other USC games and an autographed football. --
New home sales up, but sales remain slow Chicago Real Estate on MSNBC.comPublished on August 9, 2010, 6:48 pm
The Chicago Federal Reserve Bank said its national activity index fell to minus 0.63 from a positive 0.31 in May. A reading above zero indicates the economy is growing above trend. However, the three-month moving average ...
Strategic Hotels shares rise on upgrade Chicago Real Estate on MSNBC.comPublished on August 9, 2010, 4:48 pm
Shares of Strategic Hotels & Resorts — a real estate investment trust with properties in the U ... Crow upgraded his rating on Chicago-based Strategic Hotels to "Outperform," from "Market Perform." SHARE ACTION: Shares ...
Sunwest deal closes, investors can get some money Chicago Real Estate on MSNBC.comPublished on August 8, 2010, 8:48 am
In Sunwest Management's glory years — in the 2000s — company principals Jon Harder and Darryl Fisher acted as national-caliber real estate dealmakers. The Roseburg ... The Chicago-based GE Healthcare Financial ...
Sunwest deal closes, investors can get some money Chicago Real Estate on MSNBC.comPublished on August 8, 2010, 5:48 am
In Sunwest Management's glory years — in the 2000s — company principals Jon Harder and Darryl Fisher acted as national-caliber real estate dealmakers. The Roseburg ... The Chicago-based GE Healthcare Financial ...
Sunwest deal closes, investors can get some money Chicago Real Estate on MSNBC.comPublished on August 8, 2010, 4:48 am
In Sunwest Management's glory years — in the 2000s — company principals Jon Harder and Darryl Fisher acted as national-caliber real estate dealmakers. The Roseburg ... The Chicago-based GE Healthcare Financial ...
... the FDIC will cover 80% of the losses of certain loans and foreclosed real estate at Ravenswood. "This transaction further complements our strategy of expansion into the city of Chicago and adds a suburban location ...
Sunwest deal closes, investors can get some money Chicago Real Estate on MSNBC.comPublished on August 7, 2010, 7:48 pm
In Sunwest Management's glory years — in the 2000s — company principals Jon Harder and Darryl Fisher acted as national-caliber real estate dealmakers. The Roseburg ... The Chicago-based GE Healthcare Financial ...
Company makes moving an opportunity Chicago Real Estate on MSNBC.comPublished on August 7, 2010, 3:48 am
Creating a laundry and dry cleaning facility on the 11th floor of the Chicago Hilton Hotel.Moving Wellington Foods ... With the real estate slowdown, some brokers have taken on managing moves for their clients, "
Regulators shut Ravenswood Bank of <b>Chicago</b> Chicago Real Estate on MSNBC.comPublished on August 7, 2010, 3:48 am
regulators seized Ravenswood Bank of Chicago on Friday, bringing the number ... dogging the banking industry have migrated from home mortgages to commercial real estate, especially for community banks that tend to have ...
Company makes moving an opportunity Chicago Real Estate on MSNBC.comPublished on August 6, 2010, 2:48 pm
Creating a laundry and dry cleaning facility on the 11th floor of the Chicago Hilton Hotel.Moving Wellington Foods ... With the real estate slowdown, some brokers have taken on managing moves for their clients, "
Taste of Fitness - 8/9-8/13 CPD Home Page Events feedPublished on August 6, 2010, 12:00 pm
Taste of Fitness - 8/9-8/13
Adult Fitness Camp @ Mayfair Park
Circus in the Parks CPD Home Page Events feedPublished on August 6, 2010, 12:00 pm
Circus in the Parks
Midnight Circus brings its high flying circus to parks for open air performances.
Public Notice CPD Park Updates feedPublished on August 6, 2010, 12:00 pm
Public Notice
A Chicago Park District Public Meeting will be held on Wednesday, August 11, 2010
August Day Camps CPD Park Updates feedPublished on August 6, 2010, 12:00 pm
August Day Camps
Go here to view a list of camps that run in August. Call the park(s) to confirm availability.
NEW YORK, NY July 28, 2010 - The Advertising Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), announced today the launch of a national public service advertising (PSA) campaign designed to encourage homeowners who are struggling with their monthly mortgage payments to learn about the Making Home Affordable Program. While over one million homeowners have already received assistance from the program, the national campaign encourages other struggling homeowners who may be eligible for assistance to reach out for the help they need through free resources made available by the Federal Government. The PSAs direct homeowners to visit MakingHomeAffordable.gov or call 1-888-995-HOPE 1-888-995-HOPE (4673) to see if they may be eligible for assistance to make their mortgage payments more affordable and to understand options they may have to avoid foreclosure.
Home shoppers taking fresh look at renting Chicago Real Estate on MSNBC.comPublished on August 6, 2010, 6:48 am
When Mark and Joanne Cleaver sold their 3,000-square-foot Arts & Crafts-style bungalow in Milwaukee earlier this year and relocated to Chicago, they did something they hadn’t done in 28 years: They became renters. As a ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic ... That's pretty expensive, I thought, compared with the last time I flew to Chicago ...
B-Cycle Bike Sharing CPD Home Page Events feedPublished on August 5, 2010, 12:00 pm
B-Cycle Bike Sharing
A green alternative to cars for short commutes and errands.
Clubs for Kids (Golf) CPD Home Page Events feedPublished on August 5, 2010, 12:00 pm
Clubs for Kids (Golf)
Clubs for Kids introduces youth to the game of golf.
Beyond the Waters Beach Party CPD Home Page Events feedPublished on August 5, 2010, 12:00 pm
Beyond the Waters Beach Party
Come out and enjoy adaptive sports on the Lakefront this Sunday, August 8, 2010.
August Newsletter CPD Park Updates feedPublished on August 5, 2010, 12:00 pm
August Newsletter
Hot off the press!
Lollapalooza 2010 CPD Park Updates feedPublished on August 5, 2010, 12:00 pm
Lollapalooza 2010
Lollapalooza is a three day, eight stage music festival happening August 6-8, 2010 in Chicago.
Blagojevich could lose home if jury convicts him Chicago Real Estate on MSNBC.comPublished on August 5, 2010, 10:48 am
... alderman in Chicago, and could be expected to lend his daughter and grandchildren a helping hand. And though she's fallen under scrutiny of federal investigators, Patti Blagojevich still has her real estate career.
Obama Speaks at Ford Plant, Fundraises Chicago WirePublished on August 5, 2010, 7:16 am
... another fundraiser about which details have not been officially released. Rumors are it will be held at Chicago real estate tycoon Neil Bluhma s home, and it will be an intimate gathering with a $30,000 per person price tag. The president is ...
WASHINGTON - Across the U.S., thousands of children live in foster care or are at risk of being placed with other families simply because their parents cannot afford a home. Today, the U.S. Department of Housing and Urban Development (HUD) announced $20 million in funding to local housing authorities to help more than 2,500 families stay together. It's estimated that the rental vouchers awarded today will reunite nearly 5,000 children with their parents or prevent them from entering foster care in the first place. (See attached chart ).
... Tsi-tsi-ki Felix. About Dream Town Realty Dream Town is largely recognized as the leader in online Chicago real estate. Its top-ranked website (www.DreamTown.com) receives tens of thousands of unique visitors weekly and offers the most advanced ...
Blagojevich could lose home if jury convicts him Chicago Real Estate on MSNBC.comPublished on August 5, 2010, 1:48 am
... alderman in Chicago, and could be expected to lend his daughter and grandchildren a helping hand. And though she's fallen under scrutiny of federal investigators, Patti Blagojevich still has her real estate career.
Bling Bling: NYC Home to Most Millionaires Chicago Real Estate on MSNBC.comPublished on August 4, 2010, 8:48 pm
Thats more than Los Angeles (236,000), Chicago, (198,000), and Washington ... decline in real estate prices and per capita income, according to Capgemini. The index measured what Capgemini calls High Net Worth ...
ANCHORAGE, AK - U.S. Housing and Urban Development Assistant Secretary Sandra B. Henriquez joined Anchorage Mayor Dan Sullivan today to celebrate the grand opening of Eklutna Estates, the newest senior housing development of the Cook Inlet Housing Authority (CIHA). The housing authority used $3.2 million of the $5.7 million it received from the 2009 American Recovery and Reinvestment Act to construct the new housing.
CHICAGO, Aug. 4, 2010 (GLOBE NEWSWIRE) -- Standard Parking Corporation ... our ability to form and maintain relationships with large real estate owners, managers and developers; integration of future acquisitions in ...
... real estate, the most well-known repeat-sale index is the S&P/Case-Shiller home price index. Not only has it become the barometer of the health of the nation's housing market, it has also been used by the Chicago ...
a Community Centered PropertyTM real estate investment trust, announced its financial results for the quarter and ... Phoenix and Chicago. The Company's strategic focus is on smaller space tenants (occupying less than ...
Commercial real estate owner Vornado Realty Trust said Tuesday its second-quarter results ... Inland buys Chicago retail center for $28.8M
... estate workgroup designed to publish data standards for the commercial real estate market. The new workgroup, during a meeting at the National Association of Realtors®' headquarters in Chicago, Ill., examined ...
WASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to eight counties in Texas and provide support to homeowners and low-income renters forced from their homes following Hurricane Alex last month.
NewStar Reports Second Quarter 2010 Results Chicago Real Estate on MSNBC.comPublished on August 4, 2010, 6:48 am
... Company specializes in providing senior secured debt financing for the acquisition or recapitalization of mid-sized companies and commercial real estate. NewStar ... offices in Darien CT and Chicago IL. 
Judge removes secrecy around Tribune report Chicago Real Estate on MSNBC.comPublished on August 4, 2010, 4:48 am
Potential claims arising from the buyout orchestrated by real estate mogul Sam Zell constitute a key issue in Tribune's reorganization ... the Chicago Tribune, other daily newspapers and broadcast stations.
Inland buys <b>Chicago</b> retail center for $28.8M Chicago Real Estate on MSNBC.comPublished on August 3, 2010, 7:48 pm
OAK BROOK, Ill. — Retail property owner Inland Real Estate Corp. said Tuesday it bought a shopping center in Chicago for $28.8 million from an unidentified seller. The real estate investment trust used its $ ...
HUD TO OBSERVE NEIGHBORHOOD NETWORKS WEEK AUGUST 2-7 HUD Press ReleasesPublished on August 3, 2010, 6:48 pm
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today Neighborhood Networks Week 2010 will be held August 2-7 with the theme, "A Successful Past, A Promising Future." The week-long observance is intended to raise public awareness about , an education and technology-based initiative designed to improve the lives of residents living in HUD-assisted housing.
Retail property owner Inland Real Estate Corp. said Tuesday it bought a shopping center in Chicago for $28.8 million from an unidentified seller.
Judge removes secrecy around Tribune report Chicago Real Estate on MSNBC.comPublished on August 3, 2010, 3:48 pm
Potential claims arising from the buyout orchestrated by real estate mogul Sam Zell constitute a key issue in Tribune's reorganization ... the Chicago Tribune, other daily newspapers and broadcast stations.
GOP criticizes Ill. Senate candidate for bank loan Chicago Real Estate on MSNBC.comPublished on August 3, 2010, 3:48 am
The Chicago Sun-Times reports the Giannoulias family's Broadway Bank lent nearly $23 million to a real estate company in 2006. One of the company's owners was Antoin "Tony" Rezko, who was then tied up in a corruption ...
In the first half of 2010, the RE/MAX Northern Illinois network was responsible for the sale of more homes in the metropolitan Chicago real estate market than any other real estate organization.
Hyatt union workers to vote on whether to strike ChicagoRealEstateDaily.comPublished on July 28, 2010, 4:34 pm
(Crain’s) — Union workers at local Hyatt Corp. 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 ...
Sheraton Chicago lands $158-million refinancing loan ChicagoRealEstateDaily.comPublished on July 28, 2010, 1:44 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, 7:21 am
(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 ...
U.S. Foodservice buys 50 acres in Aurora ChicagoRealEstateDaily.comPublished on July 28, 2010, 7:10 am
(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, 7:07 am
(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, 7:02 am
(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 ...
... activity in a specific market area. RE/MAX remains the overall leader in the seven-county metropolitan Chicago real estate market immediately to the east of DeKalb County by listing 18.3 percent of all homes sold and representing either the buyer or ...
(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 ...
2011 Budget Meetings Calendar CPD Park Updates feedPublished on July 27, 2010, 12:00 pm
2011 Budget Meetings Calendar
Download 2011 Budget Meetings Calendar - (Adobe Acrobat)
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, 10:57 am
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, 10:50 am
(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, 10:26 am
(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 ...
Housing Vacancies and Homeownership U.S. Census Bureau Economic Briefing RoomPublished on July 27, 2010, 9:48 am

Homeownership Rate (HR)
The homeownership rate in the second quarter 2010 (66.9 percent) was lower than the second quarter 2009 rate (67.4 percent). In the South and West, the homeownership rates were lower than a year ago, while the Northeast and Midwest showed no significant change from corresponding second quarter 2009 rates.

Rental Vacancy Rate (RVR)
The rental vacancy rate in second quarter 2010 (10.6 percent) remained approximately the same as the second quarter 2009 rate (also 10.6 percent).

Homeowner Vacancy Rate (HVR)
The homeowner vacancy rate in second quarter 2010 (2.5 percent) remained approximately the same as the second quarter 2009 rate (also 2.5 percent).

2nd Qtr 2010
(HR): 66.9 percent
2nd Qtr 2009
(HR): 67.4 percent
The first half of 2010 yielded substantial gains in home sales activity in nearly every portion of the seven-county metropolitan Chicago real estate market, with Kane County leading the way, according to an analysis of sales data by RE/MAX. I would not be surprised to see that pattern maintain itself through the remainder of 2010 because it ...
REO Investors Jump on the Speedwagon Chicago WirePublished on July 21, 2010, 11:44 pm
... means 300 units or 3,000 units, we'll do it." He would not divulge how much the firm has so far spent on Chicago real estate. They're taking it on the run, baby. Khoshabe told me Speedwagon is also looking at property in Las Vegas, Phoenix, and ...
Current Swim Status Text Message CPD Park Updates feedPublished on July 21, 2010, 12:00 pm
Current Swim Status Text Message
Text a beach name to 312-715-SWIM (7946) and get a message back with the current swim status
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 ...
Lincoln Park Art Faire CPD Home Page Events feedPublished on July 12, 2010, 12:00 pm
Lincoln Park Art Faire
Live music, an open-air studio and 100 art vendors - 9/11 & 9/12
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 ...
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 ...
Digital Photography Contest & Exhibition CPD Park Updates feedPublished on June 21, 2010, 12:00 pm
Digital Photography Contest & Exhibition
First annual nature photography contest winners can be seen here.
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.
State and County Housing Unit Estimates: July 1, 2009 U.S. Census Bureau News - HousingPublished on June 16, 2010, 1:47 pm
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 ...
Movies in the Parks CPD Home Page Events feedPublished on May 25, 2010, 12:00 pm
Movies in the Parks
Review our 2010 schedule of movies at various parks citywide.
(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 ...
America's most overvalued cities Home mortgage rates and real estate news - CNNMoney.comPublished on January 27, 2010, 6:56 am
Don't say we didn't warn you.
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, 12:00 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, 12:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects auto loan rates.
Winner or loser: Home equity loans Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 12:00 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.
Winner or loser: Mortgage shopper Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 12:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects mortgage shoppers and ARM holders.
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 ...
State and County Housing Unit Estimates: July 1, 2008 U.S. Census Bureau News - HousingPublished on August 6, 2009, 9:53 am
Home equity can be used to buy car Home equity HeadlinesPublished on July 31, 2009, 12:00 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, 12:00 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, 12:00 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, 12:00 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, 12:00 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, 12:00 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, 12:00 am
A note, sent yesterday, from a reader named Matthew.
Interest Rate Roundup Home equity HeadlinesPublished on July 16, 2009, 12:00 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.
Wrong-headed regulators Mortgage Matters Blog HeadlinesPublished on July 16, 2009, 12:00 am
I have an article up today -- "Want to refinance? Know the details" -- in which I describe the Home Affordable Refinance program as confusing.
Rate trends and firecrackers Mortgage Matters Blog HeadlinesPublished on July 14, 2009, 12:00 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, 12:00 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%
Who Could Afford to Buy a Home in 2004? U.S. Census Bureau News - HousingPublished on May 21, 2009, 7:57 am
Foreclosures: How bad is your state? Home mortgage rates and real estate news - CNNMoney.comPublished on March 5, 2009, 11:34 am
Nation's Housing Stock Reaches 128 Million U.S. Census Bureau News - HousingPublished on October 6, 2008, 8:27 am
Residential Finance Survey: 2001 U.S. Census Bureau News - Finance, Insurance, & Real EstatePublished on October 5, 2005, 7:19 am