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

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



Thursday as of Apr. 17 4:00 AM CDT Chicago, IL Weather from Weather UndergroundPublished on April 17, 2014, 9:00 am
Thursday - Partly cloudy. High of 59F. Winds from the SSW at 10 to 15 mph. Chance of rain 20%.
Surging home prices have helped nearly two million homeowners get back above water on their mortgages over the past year.
CBS 2's Susanna Song buys in Kane County; Le Grand Reve back on market

WBBM-Ch. 2 weekday news anchor Rob Johnson has paid more than $1.8 million for a four-bedroom house in Hinsdale.






Barthel Joins Fay as SVP GlobeSt.comPublished on April 17, 2014, 3:12 am
CHICAGO--This is the second major hire made by the mortgage service company in the past few months.
DiamondRock Sells 'Least Profitable' Hotel GlobeSt.comPublished on April 17, 2014, 2:50 am
BETHESDA, MD--The game plan is to sell off its under performing properties and plow the money into the performers to maximize their RevPAR.
Magid Buys 700K Romeoville Industrial GlobeSt.comPublished on April 17, 2014, 1:40 am
CHICAGO--The company will leave its longtime home in Chicago, and consolidate operations in the I-55 Corridor.
U.S. Economy Thawing, Survey Finds Chicago Real Estate on Yahoo! NewsPublished on April 16, 2014, 7:15 pm
U.S. Economy Thawing, Survey Finds
U.S. Economy Thawing, Fed 'Beige Book' Finds Chicago Real Estate on Yahoo! NewsPublished on April 16, 2014, 6:30 pm
U.S. Economy Thawing, Fed 'Beige Book' Finds
New Residential Construction U.S. Census Bureau Economic Briefing RoomPublished on April 16, 2014, 12:31 pm

Privately-owned housing starts in March 2014 were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent (+/- 14.7%)* above the revised February 2014 estimate of 920,000.

March 2014: +2.8* % change
February 2014 (r): +1.9* % change
Want to make money as a landlord? Try Detroit Home mortgage rates and real estate news - CNNMoney.comPublished on April 16, 2014, 11:01 am
Want to make money as a landlord? Consider Detroit... seriously.
Legum Taking on Millennium Center GlobeSt.comPublished on April 16, 2014, 4:37 am
CHICAGO--The 60-story tower will get rebranded as the 33 West Ontario Condominium Association.
Inland Acquires TX and FL Centers for $39M GlobeSt.comPublished on April 16, 2014, 3:35 am
OAK BROOK, IL--Both properties sit within affluent suburbs and are more than 96% occupied.
Scarce land could blunt recovery for U.S. homebuilders Real Estate News from ChicagoTribune.comPublished on April 15, 2014, 6:17 pm
A resurgent U.S. housing market has created an unforeseen land shortage that could take the shine off an otherwise promising year for homebuilders.






Detroit to auction vacant homes. Starting bid: $1,000 Home mortgage rates and real estate news - CNNMoney.comPublished on April 15, 2014, 3:21 pm
In its ongoing battle to fight blight, Detroit is launching a website where it will auction off vacant homes seized in tax foreclosures.
Rob Johnson buys $1.8 million home in Hinsdale Real Estate News from ChicagoTribune.comPublished on April 15, 2014, 11:24 am
WBBM-Ch. 2 weekday news anchor Rob Johnson has paid more than $1.8 million for a four-bedroom house in Hinsdale.






Englewood Completes Harry Caray's GlobeSt.comPublished on April 15, 2014, 5:48 am
CHICAGO--
Missner Acquires Omron Buildings GlobeSt.comPublished on April 15, 2014, 5:06 am
CHICAGO--The Skokie-based firm plans to bring the Schaumburg pair back to market for lease or sale.
Advance Monthly Sales for Retail and Food Services U.S. Census Bureau Economic Briefing RoomPublished on April 14, 2014, 12:35 pm

U.S. retail and food services sales for March reached $433.9 billion, an increase of 1.1 percent (+/-0.5%) from previous month.

March 2014: +1.1 % change
February 2014 (r): +0.7 % change
Taiwan Reps Buy Part of 55 Wacker GlobeSt.comPublished on April 14, 2014, 6:52 am
CHICAGO--TECO-Chicago has decided to stay in the neighborhood and move from Two Prudential Plaza.
Right-Sizing Your Office Space GlobeSt.comPublished on April 14, 2014, 3:22 am
CHICAGO--As increasing numbers of users pay more attention to office design, Mason Awtry's firm Rightsize offers lower cost furnishings from decommissions, as well as new furniture and holistic design services.
Airports Look to Logistics to Grow Revenue GlobeSt.comPublished on April 13, 2014, 10:39 pm
CHICAGO--Airports in established markets with strong ties to infrastructure and global trade, such as Chicago's O'Hare International, have the best near-term CRE prospects, JLL says.
Exorbitant time-share fees tick off longtime owners Real Estate News from ChicagoTribune.comPublished on April 13, 2014, 7:33 pm
Q: We started with a time share in Mexico paying $425 per year and were told we could cancel at any time.






Choosing the right window style for your space Real Estate News from ChicagoTribune.comPublished on April 13, 2014, 7:26 pm
If you're considering new windows to personalize a new-construction home or to revitalize existing rooms, it's important to know the variety of styles and the benefits they offer.






Buyers in survey crave dining rooms, tubs Real Estate News from ChicagoTribune.comPublished on April 13, 2014, 7:22 pm
Homebuilders, don't touch that bathtub! Keep your paws off the dining room too.






Winter-damaged plants need a dose of patience Real Estate News from ChicagoTribune.comPublished on April 13, 2014, 7:17 pm
Q: I have noticed that a number of my evergreen shrubs are turning brown. This seems to have happened over the last couple of weeks. Some shrubs have brown areas just on the outside leaves, while others are brown all over and throughout the plant. Is there anything I should do now?






It's a buyer's market for Midwest vacation homes Real Estate News from ChicagoTribune.comPublished on April 13, 2014, 7:14 pm
Lake house by lake house and weekend retreat by weekend retreat, the second-home market is gradually recovering, providing opportunities for sellers who want to shed their homes and for buyers looking for good deals.






Industry pros tackle questions for free in online forum Real Estate News from ChicagoTribune.comPublished on April 13, 2014, 7:08 pm
Got a question about how your community association should spend its money or run an election? Or what kinds of insurance you need?






Ruling puts boards on notice over business conduct Real Estate News from ChicagoTribune.comPublished on April 13, 2014, 7:04 pm
On March 21, the Illinois Appellate Court filed an order in Palm v. 2800 Lake Shore Drive Condominium Association (Palm II) that interprets the open meeting requirements of the Condominium Act and the authority of a condominium board to delegate in a manner that is, practically speaking, inconsistent with how most condominium boards operate.






Using Collaborative Office Strategies GlobeSt.comPublished on April 13, 2014, 5:39 am
CHICAGO--Debbie Fangman explained how Gogo designed its new offices in the River West neighborhood to CoreNet Global last week.
Live in a rock star's home for about $1 million Home mortgage rates and real estate news - CNNMoney.comPublished on April 11, 2014, 11:10 am
American guitarist Dave Navarro is selling his Hollywood bachelor pad along with his custom bed.
Avison to Market Six-Building National MOB GlobeSt.comPublished on April 11, 2014, 4:35 am
CHICAGO--The portfolio includes a set of multi-specialty facilities increasingly favored by providers.
AAM Not Planning Radical Changes GlobeSt.comPublished on April 11, 2014, 2:47 am
CHICAGO--In this UPDATE , Sam Gould of Alter Asset Management explains how the recent changes at Alter will affect AAM.
What you can buy for $650,000 Real Estate News from ChicagoTribune.comPublished on April 10, 2014, 4:24 pm
How much house will $650,000 buy? For those who love to cook and entertain, here's a sampling of homes that are a chef's dream. Besides the culinary amenities, the luxury homes are convenient to public transportation.






How much house will $650,000 buy in Chicago? Real Estate News from ChicagoTribune.comPublished on April 10, 2014, 2:43 pm
For those who love to cook and entertain, here's a sampling of homes that are a chef's dream

How much house will $650,000 buy? For those who love to cook and entertain, here's a sampling of homes that are a chef's dream. Besides the culinary amenities, the luxury homes are convenient to public transportation.






Rosemont Center to Trade for $30M? GlobeSt.comPublished on April 10, 2014, 7:53 am
CHICAGO--Transwestern has been hired to market the LEED-Gold certified office building and says the Cisco-anchored property will fetch a fair price.
JLL: Investors Looking to Break Into Canada GlobeSt.comPublished on April 10, 2014, 5:28 am
CHICAGO--At this spring's ULI meeting in Vancouver, researchers from Chicago-based JLL will present research showing how foreigners are effectively shut out of the Canadian market.
Actor Freddy Rodriguez to rent out his condo Real Estate News from ChicagoTribune.comPublished on April 10, 2014, 5:00 am
'Six Feet Under' co-star offers Gold Coast unit for $3,300 a month

Actor and Chicago native Freddy Rodriguez has put up for rent his newly renovated, two-bedroom Gold Coast condo for $3,300 a month.






Ready to renovate? Here's your first move Home mortgage rates and real estate news - CNNMoney.comPublished on April 9, 2014, 8:17 pm
Read full story for latest details.
When Wall Street becomes a landlord Home mortgage rates and real estate news - CNNMoney.comPublished on April 9, 2014, 3:38 pm
Read full story for latest details.
Does the world need yet another housing market indicator? We're already treading water in a monthly numerical flood of data on home sales, mortgage applications, foreclosures and even a survey that supposedly measures whether homebuilders are nervous.






Vacation home market heats up Home mortgage rates and real estate news - CNNMoney.comPublished on April 6, 2014, 3:13 pm
Both sales and prices of vacation homes rose steeply in 2013.
Know your rights if mortgage sold to another lender Real Estate News from ChicagoTribune.comPublished on April 5, 2014, 2:58 am
Q: My mortgage was sold twice, ending up with an out-of-state lender. That is when the problems started. It paid our insurance from escrow when we are escrow waived and have been for 24 years. Then they dropped my wife's name from the account and have even sent us a default notice. All of these are "keystroke" errors as they told us. On top of that, they have the worst customer service I have ever seen. I never asked for this company; we were sold to them.
    






Does the world need yet another housing market indicator? We're already treading water in a monthly numerical flood of data on home sales, mortgage applications, foreclosures and even a survey that supposedly measures whether homebuilders are nervous.
    






House walk to celebrate Wright legacy Real Estate News from ChicagoTribune.comPublished on April 5, 2014, 2:14 am
Frank Lloyd Wright Trust will hold a house walk 9 a.m. to 5 p.m. May 17 in Oak Park and River Forest to celebrate the 125th anniversary of the Frank Lloyd Wright Home and Studio and the 40th anniversary of the trust.






Efforts under way to open more doors to homeownership Real Estate News from ChicagoTribune.comPublished on April 5, 2014, 2:12 am
New efforts are being taken to make it easier for homebuyers, particularly first-timers and those who were burned during the recession, to buy a home.
    






Unit owners can retain handicapped parking spots Real Estate News from ChicagoTribune.comPublished on April 5, 2014, 2:08 am
Q: I live in a 40-unit condominium building that contains deeded parking units in the garage. A couple of wider-than-normal handicapped parking spaces were sold to unit owners when the project was completed many years ago, but those owners do not have disabilities. Over the last couple of years, two individuals who use wheelchairs have moved into the building, and the unit owners that own the handicapped spaces refuse to swap their spaces with the unit owners with disabilities. Is our association acting above the law by not requiring the swap?
    






Concealed carry of loaded firearms is now a reality in Illinois, and condominium and town house associations are jittery.
    






10 worst cities for singles Real Estate News from ChicagoTribune.comPublished on April 5, 2014, 1:59 am
Sorry, singles, but these cities just aren't that into you. The places that are ranked poor for the unmarried may be quite lovely for couples, families or retirees. But based on economic and demographic factors, we found these cities to be far from perfect matches for resident bachelors and bachelorettes.
    






Homebuyers getting priced out in cities across U.S. Home mortgage rates and real estate news - CNNMoney.comPublished on April 4, 2014, 1:08 pm
Read full story for latest details.
Priced out: 'I can't afford a home in my town' Home mortgage rates and real estate news - CNNMoney.comPublished on April 3, 2014, 8:01 pm
These six prospective buyers have been looking to buy a home in their city for months, or even years, only to be outbid.
Housing heats up in booming growth cities Home mortgage rates and real estate news - CNNMoney.comPublished on April 3, 2014, 7:58 pm
Read full story for latest details.
Dreary outlook for formerly hot housing markets Home mortgage rates and real estate news - CNNMoney.comPublished on April 3, 2014, 7:57 pm
Read full story for latest details.
Cities where the real estate deals are Home mortgage rates and real estate news - CNNMoney.comPublished on April 3, 2014, 7:55 pm
Read full story for latest details.
The sunny outlook for housing in upscale neighborhoods Home mortgage rates and real estate news - CNNMoney.comPublished on April 3, 2014, 7:53 pm
Read full story for latest details.
What's next for housing in your town Home mortgage rates and real estate news - CNNMoney.comPublished on April 3, 2014, 7:51 pm
Read full story for latest details.
Ex-Bears punter Podlesh lists house for $949,000 Real Estate News from ChicagoTribune.comPublished on April 3, 2014, 5:00 am
Libertyville home includes 5 bedrooms, 2-story family room

Former Chicago Bears punter Adam Podlesh has listed his five-bedroom, 4,248-square-foot house in Libertyville for $949,000.
    






Illinois mortgage delinquencies fall 27% in 2013 Real Estate News from ChicagoTribune.comPublished on April 2, 2014, 5:52 pm
One-third of those past-due on home loans were at least one year delinquent

Five percent of Fannie Mae and Freddie Mac-backed single-family mortgages in Illinois, or 68,000 loans, were delinquent at the end of 2013,  a sizable decline from last year but still higher than the national average.
    






America's most sprawling cities Home mortgage rates and real estate news - CNNMoney.comPublished on April 2, 2014, 5:49 pm
Read full story for latest details.
Former Bear Adam Podlesh lists home in Libertyville Real Estate News from ChicagoTribune.comPublished on April 2, 2014, 10:43 am
Former Chicago Bears punter Adam Podlesh has listed his five-bedroom, 4,248-square-foot house in Libertyville for $949,000.
    






... exemplifies the level of excellence sought for Berkshire Hathaway HomeServices. Their reputation in the Chicago real estate market is outstanding and we're proud and honored the company will represent Berkshire Hathaway HomeServices." KoenigRubloff ...
Construction Spending U.S. Census Bureau Economic Briefing RoomPublished on April 1, 2014, 2:10 pm

Total construction activity for February 2014 ($945.7 billion) was 0.1 percent (+/-1.3%)* above the revised January 2014 ($944.6 billion).

February 2014: +0.1* % change
January 2014 (r): -0.2* % change
Manhattan home prices soar to median $972,000 Home mortgage rates and real estate news - CNNMoney.comPublished on April 1, 2014, 5:43 am
While home prices in other parts of the country are still 20% below their housing boom peak, demand for large, luxury apartments has helped home prices in Manhattan almost fully recover from the housing bust.
What $200,000 Will Buy In The Chicago Real Estate Market Chicago WirePublished on March 31, 2014, 10:45 am
The median list price in Chicago is $189,900, up 11.8% from January 2013 to January 2014, according to the most recent National Housing Trend Report published by Realtor.com .
How to get financially struggling tenant to move out Real Estate News from ChicagoTribune.comPublished on March 31, 2014, 3:08 am
Q: We own and live in a small, four-unit apartment building. One of the tenants stopped paying rent in November. Because she had lost her job, she asked us to bear with her until she got back on her feet. We didn't start an eviction procedure because of the severe winter, and she is a longtime tenant who was always responsible.
    






Kennedy: Income Inequality Threatens CRE Chicago WirePublished on March 28, 2014, 11:27 am
... have been stupefying in the hands of a less-skilled speaker. He agreed that at first glance, much of the Chicago real estate market looks vibrant. The East Loop, for example, may have suffered mightily during the recession, but these days the ...
This week's new West Loop apartment proposal Chicago WirePublished on March 28, 2014, 6:24 am
... Blog revealed plans for a 32-story apartment tower front I-290 at 1061 W Van Buren. Two days ago Crain's Chicago Real Estate Daily reported that Focus Development is part of a group planning a mixed-use development at the southwest corner of Lake ...
10 fastest growing cities Home mortgage rates and real estate news - CNNMoney.comPublished on March 27, 2014, 4:25 am
Whether it's an oil boom or an influx of tech jobs, the populations of these 10 cities grew faster than in any other major metro area between July 2012 and July 2013, according to data from the Census Bureau.
Bolingbrook Promenade sale on the table Chicago Real Estate on Yahoo! NewsPublished on March 26, 2014, 9:26 pm
BOLINGBROOK – Chicago real estate investment firm Starwood Retail Partners may soon be the new owners of the Bolingbrook Promenade, according to media reports.
New Residential Sales U.S. Census Bureau Economic Briefing RoomPublished on March 25, 2014, 2:01 pm

Sales of new single-family houses in February 2014 were at a seasonally adjusted annual rate of 440,000. This is 3.3 percent (+/- 17.9%)* below the revised January 2014 estimate of 455,000.

February 2014: -3.3* % change
January 2014 (r): +3.2* % change

Manufacturing corporations' seasonally adjusted after-tax profits were $159.4 billion for the fourth quarter of 2013, up $8.7 (+/- 0.7) billion from third quarter of 2013.

4th Qtr 2013: +8.7 $ billion
3rd Qtr 2013(r): +7.8 $ billion
Regional Spotlight-Winter winds and frigid thermometer readings couldn't cool the activity level in the luxury home segment of the metropolitan Chicago real estate market during the first two months of 2014.
Winter winds and frigid thermometer readings couldn't cool the activity level in the luxury home segment of the metropolitan Chicago real estate market during the first two months of 2014.
Subprime mortgages making a comeback Home mortgage rates and real estate news - CNNMoney.comPublished on March 21, 2014, 11:29 am
Borrowers with bad credit were shut out of the mortgage market after the housing bubble burst, but now a handful of small lenders are starting to offer subprime loans again.
Million dollar home sales up 40% year-over-year Chicago WirePublished on March 20, 2014, 12:08 pm
Winter winds and frigid thermometer readings couldn't cool the activity level in the luxury home segment of the metropolitan Chicago real estate market during the first two months of 2014.
Winter winds and frigid thermometer readings couldn't cool the activity level in the luxury home segment of the metropolitan Chicago real estate market during the first two months of 2014.
Andrew Cunanan killings: FBI documents released Chicago WirePublished on March 19, 2014, 10:25 pm
... was going to kill those with whom he had unprotected sex. Among those, according to the FBI files, was Chicago real estate tycoon Lee Miglin. From April to July and from coast-to-coast, Andrew Cunanan was a murder machine. Five victims in four ...
CHICAGO, March 19, 2014 /PRNewswire/ -- Winter winds and frigid thermometer readings couldn't cool the activity level in the luxury home segment of the metropolitan Chicago real estate market during the first two months of 2014.  Compared to the same period in 2013, the number of $1 million-plus homes sold in the seven-county area rose 40 percent to 206 units, and the median sales price in that ...
Attorney Mohip is one of less than 20 Illinois real estate attorneys named a Rising Star by SuperLawyers for 2012, 2013, and 2014. (PRWeb March 19, 2014) Read the full story at http://www.prweb.com/releases/2014/03/prweb11671933.htm
Chinese Investors Discover Chicago Real Estate Chicago WirePublished on March 17, 2014, 12:17 am
In the latest sign of China's growing interest in U.S. real estate assets, a Chinese investor last week teamed up with a local Chicago firm to buy a 65-story office building in America's third-largest city for $304 million.
Oprah sells Harpo Studios complex in West Loop Chicago WirePublished on March 16, 2014, 12:21 am
... it went off the air nearly three years ago. Since then it's housed production for Oprah's OWN network. A Chicago real estate investment firm called Sterling Bay purchased the property for an undisclosed amount. Sterling Bay also owns buildings that ...
... principal of Chicago-based real estate development and investment firm JPS Interests, Sweeney has been a Chicago real estate developer for more than 40 years and has been the principal or managing partner for more than 3 million square-feet of ...
I-Team finds man wanted by Interpol in Chicago Chicago WirePublished on March 7, 2014, 4:38 am
... by Valdir Barion. His Facebook page features him against a glowing Chicago backdrop. The website for his Chicago real estate business shows the same person as in the fugitive flyer. In several phone conversations Barion told me he was the victim, ...
The River North building that houses Google's Chicago crew will go on the market as the man who owns a vast real-estate empire prepares to sell everything.
... North Kenwood home to a buyer interested in turning the vacant building into a museum has gone bust, Chicago Real Estate Daily reports. The two-unit home at 4339 S. Lake Park Ave. where Waters lived with wife Geneva Morganfield was re-listed Monday ...
Hotel Investors Flocking to Chicago Chicago WirePublished on February 28, 2014, 12:12 pm
... remain optimistic about the prospects for 2014. Yesterday, for example, at a breakfast meeting of Chicago Real Estate Professionals at the East Bank Club , an event hosted by Brown, Udell, Pomerantz and Delrahim, Ltd. , Jeffrey J. Preston , vice ...
2013 Housing Vacancy Survey Annual Statistics U.S. Census Bureau News - HousingPublished on February 27, 2014, 2:56 pm
These statistics provide vacancy rates, homeownership rates and characteristics of units available for occupancy for the U.S., regions, states and the 75 largest metropolitan statistical areas. Data for all geographies are available both quarterly and annually. Homeownership rates are also tabulated by age of householder for the U.S. and regions ...
Housing Vacancies and Homeownership U.S. Census Bureau Economic Briefing RoomPublished on January 31, 2014, 3:04 pm

Homeownership Rate (HR)
The homeownership rate in the fourth quarter 2013 was 65.2 percent, down 0.2 (+/- 0.4)* percentage points from the fourth quarter 2012 rate of 65.4 percent. The homeownership rate in the Northeast was lower than its corresponding fourth quarter 2012 rate, while the rates in the Midwest, South, and West were not statistically different from the rates a year ago.

Rental Vacancy Rate (RVR)
The rental vacancy rate in the fourth quarter 2013 was 8.2 percent, down 0.5 (+/-0.4) percentage points from the fourth quarter 2012 rate of 8.7 percent. The rental vacancy rate in the Northeast was lower that the corresponding fourth quarter 2012 rate, while the rates in the Midwest, South, and West were not statistically different from the rates a year ago.

4th Qtr 2013
(HR): 65.2 percent
4th Qtr 2012
(HR): 65.4 percent

Real Estate Markets in Illinois and Chicago Remain in Crisis ... the housing crisis brought on by the 2008 collapse of real estate prices continues to ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic; Feedback; Maps & Directions; ... a Chicago real estate developer and fast-food ...
Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic; Feedback; ... a Chicago real estate developer and fast-food ...
Real estate 87-year-old woman loses to Donald Trump in civil case; target Reuters sources: Other US retailers victims of cyberattacks; detroit-auto-show ...
Michael Jordan's custom home up for auction - NBC News.com Chicago Real Estate on MSNBC.comPublished on January 4, 2014, 11:48 am
Real estate Michael Jordan's custom home up for auction; gmo Original Cheerios to go GMO-free; light-bulbs Stockpilers take dim view of new bulb ban
A new housing brief from the U.S. Census Bureau shows that median home values in many small counties across the nation held steady after the most recent recession, while values in large counties declined. These findings come from the Census Bureau’s brief, Home Value and Homeownership Rates: Recession and ...
Was my home a good investment? Home mortgage rates and real estate news - CNNMoney.comPublished on November 5, 2013, 4:10 pm
Calculate the return on your home and how it compares to returns on stocks, bonds and overall home prices.
Los propietarios de viviendas en el área metropolitana de Atlanta-Sandy Springs-Marietta, Georgia, pagaron una mediana de $149,000 por sus viviendas, según una reseña de la Encuesta sobre la Vivienda Estadounidense 2011 que se dio a conocer hoy. La mediana del precio de compra de las viviendas construidas en los últimos ...
Los propietarios de viviendas en el área metropolitana de Riverside-San Bernardino-Ontario, California, pagaron una mediana de $171,000 por sus viviendas, según una reseña de la Encuesta sobre la Vivienda Estadounidense 2011 que se dio a conocer hoy. La mediana del precio de compra de las viviendas construidas en los últimos ...
Los propietarios de viviendas en el área metropolitana de San Diego-Carlsbad-San Marcos, California, pagaron una mediana de $244,990 por sus viviendas, según una reseña de la Encuesta sobre la Vivienda Estadounidense 2011 que se dio a conocer hoy. La mediana del precio de compra de las viviendas construidas en los ...
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced a second round of grants for more than 500 local homeless housing and service programs across the U.S, provided through HUD's Continuum of Care Program. This year, HUD challenged local communities to reexamine their response to homelessness and give greater weight to proven strategies, from providing 'rapid re-housing' for homeless families to permanent supportive housing for those experiencing chronic homelessness (see attached chart).
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and Enterprise Community Partners (Enterprise) showcased Native American communities' use of sustainable design and construction strategies today at the National Museum of the American Indian. The event is part of HUD's and Enterprise's continuous effort to promote sustainable construction techniques in Indian Country.
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a Conciliation Agreement with Primary Residential Mortgage, Inc. (PRMI), in Salt Lake City, UT, settling allegations that the lender denied a Baltimore, Maryland woman a mortgage loan because she was pregnant and on maternity leave.
WASHINGTON - New guidance released today by the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) reinforces the Fair Housing Act requirement that multifamily housing be designed and constructed so that it isaccessible to persons with disabilities. Read HUD and DOJ's new guidance.
The nation's elementary-secondary public school systems spent an average of $10,615 per pupil in fiscal year 2010, up 1.1 percent from the previous year, according to statistics released today by the U.S. Census Bureau. District of Columbia public schools spent $18,667 per student in 2010, which is the most of ...
<b>Chicago</b>, IL news from nbcchicago.com- msnbc.com Chicago Real Estate on MSNBC.comPublished on April 4, 2012, 2:10 pm
Chicago, IL news from nbcchicago.com Skip navigation. Jump to story headline. MSN ... Real Estate; Wonderwall; Horoscopes; Shopping; Yellow Pages; Local Edition; Traffic;
Five Misconceptions about Buying a New-Construction Home HousingNewswire.com: Chicago housing newsPublished on February 17, 2012, 10:49 am
Feb. 17, 2012. If you are in the market to buy a home this spring, Wheaton-based J. Lawrence Homes wants to clear up five common misconceptions about buying a new-construction...
Feb. 16, 2012. An affiliate of the Belgravia planned for a 12-month sellout last April when it acquired 11 unsold condominiums at 23 N Aberdeen in Chicago's West Loop. Four mo...
235 Van Buren launches rent-to-own program in the Loop HousingNewswire.com: Chicago housing newsPublished on February 15, 2012, 4:13 pm
Feb. 15, 2012. 235 Van Buren, a striking new Ralph Johnson-designed 46-story condominium in the Loop, is launching a rent-to-own program on selected units, as detailed in this...
Jan. 23, 2012. If your plans for the New Year include a new home, you’re in good company, according to a Yahoo Real Estate poll released last month, which reports four out of ...
2012 Board of Commissioners Meetings CPD Park Updates feedPublished on December 21, 2011, 5:00 pm
2012 Board of Commissioners Meetings
2012 Schedule of the Board of Commissioners Meetings
2012 Permits CPD Park Updates feedPublished on December 19, 2011, 5:00 pm
2012 Permits
Everything you need to reserve your desired Chicago Park District space
Free Fitness Admission CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Free Fitness Admission
Promotion runs Jan. 3-9 at 71 Fitness Center Locations
Winterfest, 1/28 CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Winterfest, 1/28
Daley Bicentennial Plaza
Polar Adventure Days, 1/21 CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Polar Adventure Days, 1/21
Northerly Island Winter Activities
Watch Our Public Meetings CPD Park Updates feedPublished on December 16, 2011, 5:00 pm
Watch Our Public Meetings
December 14, 2011 meetings now available for viewing.
December Newsletter CPD Park Updates feedPublished on December 12, 2011, 5:00 pm
December Newsletter
Hot off the press!
List of Contractors - 475 Report - December 2011 CPD Park Updates feedPublished on December 2, 2011, 5:00 pm
List of Contractors - 475 Report - December 2011
List of vendors receiving $10,000 or more in any 12 month period over the past four years.
2012 Budget CPD Park Updates feedPublished on November 23, 2011, 5:00 pm
2012 Budget
Download 2012 Budget Summary and Recommendations
Museum Free Days 2011 CPD Park Updates feedPublished on October 18, 2011, 5:00 pm
Museum Free Days 2011
Museums throughout the city waive their general admittance fee on varying days of the week.
Nature in Chicago Digital Photo Contest CPD Park Updates feedPublished on September 28, 2011, 5:00 pm
Nature in Chicago Digital Photo Contest
Calling all nature loving photographers. Submit your photos to this contest.
Museums in the Parks CPD Home Page Events feedPublished on May 15, 2011, 5:00 pm
Museums in the Parks
Visit one of the 10 amazing museums in the parks!
Arts Partners in Residence CPD Home Page Events feedPublished on May 14, 2011, 5:00 pm
Arts Partners in Residence
This program provides space to artists/arts organizations in exchange for arts programming.
Lincoln Park Zoo CPD Home Page Events feedPublished on January 1, 2011, 5:00 pm
Lincoln Park Zoo
Explore the countless contributions that shape Lincoln Park Zoo
The Adler Planetarium CPD Home Page Events feedPublished on January 1, 2011, 5:00 pm
The Adler Planetarium
Field Trips to the Adler are out of this world!
The Shedd Aquarium CPD Home Page Events feedPublished on January 1, 2011, 5:00 pm
The Shedd Aquarium
Strap a mask and flippers onto your imagination and chart a course to Shedd Aquarium.
Hyatt union workers to vote on whether to strike ChicagoRealEstateDaily.comPublished on July 28, 2010, 9:34 pm
(Crain’s) — Union workers at local Hyatt hotels will take part in a strike authorization vote Thursday, nearly 11 months after the expiration of their last labor contract. Unite Here Local 1 and Hyatt Hotels Corp. have “made very little progress since we began negotiating (a new contract) ...
Sheraton Chicago lands $158-million refinancing loan ChicagoRealEstateDaily.comPublished on July 28, 2010, 6:44 pm
(Crain’s) — The owner of the Sheraton Chicago Hotel & Towers has refinanced the riverside property with a $158.2-million loan from Goldman Sachs & Co., another sign that money is flowing back into the rebounding hotel sector. The owner of the 1,209-room hotel, Tishman Hotel & Realty L.P., had ...
Block 37 hit with new foreclosure suit ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:21 pm
(Crain’s) — Joseph Freed & Associates LLC faces a new foreclosure lawsuit at Block 37. U.S. Bank is seeking $16.75 million from Freed entities related to a mortgage the bank made in 2007 for the planned two-tower residential and hotel portion of the development at State and Randolph streets. ...
(Crain’s) — Investors looking for signs that South Loop land prices have stabilized didn’t find one at an auction Tuesday of a prominent South Michigan Avenue development site overlooking along Grant Park. An affiliate of First American Bank prevailed in the auction of the vacant property ...
(Crain’s) — Distribution giant U.S. Foodservice Inc. has purchased almost 50 acres in Aurora, a site big enough for a warehouse of about 1 million square feet, larger than any industrial building developed locally since 2008. Rosemont-based U.S. Foodservice, the biggest privately held ...
Apartment tower slated for River North ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:07 pm
(Crain’s) — AMLI Residential Partners LLC plans to build a 49-story apartment tower in River North after striking a deal with developer Albert Friedman. Chicago-based AMLI signed a 100-year lease on a 12,617-square foot site on the southeast corner of Clark and Hubbard streets, property ...
Target gets big discount on Near West Side land ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:02 pm
(Crain’s) — Target Corp., the retail giant renowned for its cheap-chic sensibilities, apparently knows about discount real estate, too. The Minneapolis-based company paid $9.3 million for a roughly four-acre site on the Near West Side, not even half what the previous owners paid for the ...
(Crain’s) — In a sign of just how good it is to be a suburban office tenant these days, a Career Education Corp. school cut its rent by more than 30% at a Hoffman Estates building while slashing its space and extending the lease for two years. American Intercontinental University Inc. is ...
Florsheim Mansion for sale The founder of Round Table Group Inc., an expert-witness search and referral firm, is asking $2.5 million for his Gold Coast home, known as the Florsheim Mansion. The curved brick residence at 1328 N. State Parkway was designed by Andrew Rebori, a prominent Chicago ...
Closer highlights for July 27 ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:57 pm
Sales A venture affiliated with Chicago-based Wells Street Cos. bought the River North building at 415 N. Dearborn St. for $4.65 million in a sale/leaseback with Sullivan’s Steakhouse. The seller was a venture of Southlake, Texas-based Del Frisco’s Restaurant Group, which operates 20 ...
Pritzker Realty in East Coast apartment joint venture ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:50 pm
(Crain’s) — Pritzker Realty Group is teaming up with a Maryland real estate firm to buy and develop apartments on the East Coast. Pritzker Realty has formed a $75-million joint venture with Bozzuto Group, a suburban Washington, D.C., investor, that will seek acquisition and development ...
Local Case-Shiller index up for 2nd straight month ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:26 pm
(Crain’s) — An index of local home prices rose in May for the second straight month as federal tax incentives pulled more buyers into the market. The Standard & Poor’s/Case-Shiller index of Chicago-area single-family home prices rose 1.2% from April to May, but was still 1.5% lower than it ...
The real estate market is so bad even kings are facing foreclosure. Two banks have filed suits totaling $5.5 million against properties controlled by Rudy Acosta III, including the controversial "castle" built on the Northwest Side by the real estate developer and hip-hop music producer known as ...
Real estate Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 5, 2010, 8:00 am
Find out how much someone making minimum wage would have to work to secure affordable housing in the Chicago area. Also, learn more about the state of the office market and the North side v. South side retail battle. View the full PDF ©2010 by Crain Communications Inc.
Betting on The Donald paid off for most of the buyers who've resold their condos since the Trump Tower opened more than two years ago. The gamble hasn't worked out as well for Mr. Trump.
William Alston of Niles covers the market on his own Real Estate - Residential stories from Crain's Chicago BusinessPublished on June 28, 2010, 8:00 am
Joseph Pickett, a 51-year-old civil engineer who works for Abbott Laboratories, was shopping for a home earlier this year close to Notre Dame High School in Niles, where his son will be a junior this fall. His real estate agent, William Alston, found him a three-bedroom tri-level two blocks away ...
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 ...
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 ...
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?
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 ...
In west suburban Hinsdale, a town of 18,000, a string of independent boutiques and restaurants suggests that residents like the local touch. But in the real estate market, franchises such as Coldwell Banker and ERA have made a dent by staffing offices with legions of sales reps and discounting ...
David Schwartz, 46, is co-founder and managing member of Waterton Associates LLC, the real estate investment firm whose properties include Presidential Towers. His view: On his Kindle: "Too Big to Fail," Andrew Ross Sorkin's exposé of the 2008 financial crisis. Recent fiction focuses on ...
Homeownership hits eight-year low Real Estate - Residential stories from Crain's Chicago BusinessPublished on June 21, 2010, 8:00 am
Homeownership in the Chicago area plunged in the first quarter to its lowest level in almost eight years, erasing the dream that many achieved during the housing boom but could not hold onto. The percentage of people who own their own homes fell to 67.4% during the first quarter, from 69.0% in ...
Qataris Continue London Buying Spree RealEstateJournal.com Residential Real Estate NewsPublished on June 18, 2010, 9:52 am
Barwa said it will buy Park House development in London's fashionable West End district for $369 million, as Qatari investors continue to snap up prime real estate in the city.
Apartment Leases, Rentals Pick Up RealEstateJournal.com Residential Real Estate NewsPublished on June 16, 2010, 9:23 am
Some of the nation's largest apartment-building landlords are reporting that rent declines have stopped and some are even boasting modest increases.
Oil Spill Delivers Recovery Setback RealEstateJournal.com Residential Real Estate NewsPublished on June 16, 2010, 9:19 am
The Gulf of Mexico oil spill is imperiling billions of dollars of commercial real-estate investments with potentially grave repercussions for developers, lenders and investors.
Dallas Condo Project: Exception to the Slump RealEstateJournal.com Residential Real Estate NewsPublished on June 15, 2010, 9:28 pm
Developers will start construction later this month on a long-planned luxury high-rise condominium in Dallas, an unusual example of new development for a sector that was battered by the housing bust.
St. Joe's Gulf Presence Not a Plus RealEstateJournal.com Residential Real Estate NewsPublished on June 15, 2010, 7:43 pm
Prominent Florida Panhandle landowner St. Joe has seen its stock pummeled on concern that the oil spill could cut into its tourism business.
Readers respond: Real estate crash hits home Real Estate - Residential stories from Crain's Chicago BusinessPublished on June 14, 2010, 8:00 am
Here's what readers of ChicagoBusiness.com said about "Real estate crash: Now it's personal" (Crain's, June 7). Unless developers knew this was coming five years prior, any assets they could have transferred will be reversed. Aside from that, the biggest culprit in the entire history is our ...
Economists say growth in the local economy could slow by as much as half, mostly due to the dissipation in federal stimulus spending.
Lincoln Park elite want developer to get a heart Real Estate - Residential stories from Crain's Chicago BusinessPublished on May 31, 2010, 8:00 am
A development plan for the former site of Lincoln Park Hospital is radicalizing residents in the exclusive neighborhood just east of Oz Park's Tin Man. It's like a protest zone, with homes proudly displaying signs reading "No High Rise No Retail at L.P. Hospital." Homeowners have spoken out at ...
Occupancies, rents looking up in downtown Chicago Real Estate - Residential stories from Crain's Chicago BusinessPublished on May 31, 2010, 8:00 am
A construction wave coupled with 11.2% unemployment would normally make life miserable for apartment owners, but downtown landlords are holding up well. The occupancy rate for top-tier downtown apartment buildings rose to 93.6% in the first quarter, up from 91.4% in the fourth quarter and 90.9% ...
Daley says no property tax hike Real Estate - Residential stories from Crain's Chicago BusinessPublished on May 25, 2010, 3:58 pm
(AP) — Chicago Mayor Richard M. Daley says he won't propose increasing property taxes in next year's budget. Daley made that pledge Tuesday during an appearance before the City Club of Chicago. Daley says the city's revenues have seen some increase but it's hardly enough to qualify as an ...
(Crain's) — The Pioneer Press weekly newspapers in suburban Chicago this week begin running real estate sections produced by Blockshopper LLC. The papers’ Chicago parent, Sun-Times Media Group Inc., on Thursday will add the new Blockshopper sections in a few key markets that the paper ...
This Old House honors Chicago bungalow belt neighborhood Real Estate - Residential stories from Crain's Chicago BusinessPublished on February 18, 2010, 12:10 pm
(AP) — A Chicago neighborhood filled with historic bungalows and tree-lined streets has landed on a best-of list by This Old House magazine. The magazine lists North Mayfair on the city's Northwest Side as one of the best "old-house neighborhoods" in the U.S. and Canada. North Mayfair ...
Illinois to use mortgage database licensing system Real Estate - Residential stories from Crain's Chicago BusinessPublished on December 30, 2009, 11:36 am
(AP) — Illinois is embracing a licensing database that officials say will help ensure the competency of mortgage loan professionals. The Illinois Department of Financial and Professional Regulation said it'll start to use the Nationwide Mortgage Licensing System for license applications ...
(Crain’s) — Bruce Gottschall, who helped start what has become the city’s largest housing counseling agency, is stepping down as its executive director after 35 years. Mr. Gottschall began Neighborhood Housing Services of Chicago in 1975. He will retire on Dec. 15. “It feels like ...
Amcore put on the clock by regulators Real Estate - Residential stories from Crain's Chicago BusinessPublished on November 10, 2009, 11:25 am
(Crain’s) — Federal regulators have rejected Amcore Financial Inc.’s plan to raise capital, giving the troubled Rockford-based lender a month to raise the needed money or sell. Amcore has until Dec. 4 to submit a new plan to the U.S. Office of the Comptroller of the Currency under ...
USG loss casts pall over housing market outlook Real Estate - Residential stories from Crain's Chicago BusinessPublished on October 21, 2009, 10:44 am
(Reuters) — Building products maker USG Corp. reported a larger quarterly loss on Wednesday and said the near-term outlook remains weak, sending its shares down more than 8 percent. The result is another sign the housing construction industry has yet to fully right itself after collapsing ...
Key ShoreBank executive leaves lender Real Estate - Residential stories from Crain's Chicago BusinessPublished on October 9, 2009, 1:32 pm
(Crain’s) — The veteran ShoreBank executive in charge of the lender’s signature loans to apartment rehabbers — the portfolio whose success largely created the community bank’s national reputation for profiting while lending in low-income neighborhoods — has left the bank. James ...
Capone's hideout sells for $2.6 million Real Estate - Residential stories from Crain's Chicago BusinessPublished on October 8, 2009, 12:34 pm
(AP) — The former northern Wisconsin hideout of Chicago mobster Al Capone has sold for $2.6 million to the bank that foreclosed on the property. Margie Schull of the Sawyer County Sheriff's Department says Chippewa Valley Bank was the only bidder during a five-minute sheriff's sale on the ...
Capone's Wisc. hideout up for auction Thursday Real Estate - Residential stories from Crain's Chicago BusinessPublished on October 8, 2009, 9:37 am
(AP) — The former northern Wisconsin hideout of Chicago mobster Al Capone goes on the auction block Thursday. A bank foreclosed on the 407-acre wooded site and a sheriff's sale takes place on the steps of the Sawyer County Courthouse in Hayward. Chippewa Valley Bank says the starting bid ...
Illinois earns 'C' for financial instability Real Estate - Residential stories from Crain's Chicago BusinessPublished on September 22, 2009, 11:36 am
(AP) — If Illinois had parents, they wouldn't be too happy with the state's economic grade card. An advocacy group, the Corporation for Enterprise Development, gave the state an overall 'C' grade in its annual assessment of financial stability in all 50 U.S. states. Illinois fared better ...
Winner or loser: Credit cards Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 5:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects credit card interest rates.
Winner or loser: Auto loans Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 5:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects auto loan rates.
Winner or loser: Mortgage shopper Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 5:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects mortgage shoppers and ARM holders.
Winner or loser: Home equity loans Bankrate.com: Mortgages HeadlinesPublished on September 18, 2009, 5:00 am
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects home equity loans and lines of credit.
Civic Fed frowns on city’s Olympic Village plans Real Estate - Residential stories from Crain's Chicago BusinessPublished on August 26, 2009, 4:22 pm
(Crain’s) — The Civic Federation has come out with a report that generally supports Mayor Richard M. Daley’s bid for the 2016 Olympics — with the exception of the development of the Olympic Village. In a long-awaited report issued Wednesday, the tax policy group notes that the Olympic ...
Home equity can be used to buy car Home equity HeadlinesPublished on July 31, 2009, 5:00 am
Home equity products can be used to fund a car purchase. But there are risks for the homeowner.
Debt forgiveness for homeowners? Bankrate.com: Mortgages HeadlinesPublished on July 30, 2009, 5:00 am
Researchers say debt forgiveness is the only way to fix the housing crisis. But will it?
Interest Rate Roundup Home equity HeadlinesPublished on July 30, 2009, 5:00 am
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
U.S. homes sales up for 3rd straight month Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 23, 2009, 1:01 pm
(AP) — Signaling a housing recovery is under way in much of the country, sales of previously occupied homes rose for the third month in a row in June. The National Assn. of Realtors said Thursday that home sales rose 3.6 percent to a seasonally adjusted annual rate of 4.89 million last month, ...
Interest Rate Roundup Home equity HeadlinesPublished on July 23, 2009, 5:00 am
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
State debuts new-homebuyers help Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 22, 2009, 7:01 pm
(Crain’s) — First-time homebuyers scrambling for a down payment can now get a financial boost from the state. The Illinois Housing Development Authority program rolled out its Illinois Home Start Loan Program Wednesday. It provides qualifying homebuyers with a 30-year fixed-rate FHA loan ...
Fixed-rate loan can cut risk Home equity HeadlinesPublished on July 21, 2009, 5:00 am
With interest rates likely to rise, locking into a fixed-rate loan may make sense right now.
Chicago Community Trust beats $1M fundraising target Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 20, 2009, 4:10 pm
(Crain’s) — The Chicago Community Trust announced it surpassed a $1-million target to provide funds for shelters and pantries that have been overwhelmed by soaring demand. In an initiative launched late last year, the community foundation raised $1.3 million for its Unity Challenge ...
Mortgage mods for profit Mortgage Matters Blog HeadlinesPublished on July 20, 2009, 5:00 am
Mortgage rates have held fairly steady since the middle of last week.
A successful MHA refi Mortgage Matters Blog HeadlinesPublished on July 17, 2009, 5:00 am
A note, sent yesterday, from a reader named Matthew.
Wrong-headed regulators Mortgage Matters Blog HeadlinesPublished on July 16, 2009, 5:00 am
I have an article up today -- "Want to refinance? Know the details" -- in which I describe the Home Affordable Refinance program as confusing.
Interest Rate Roundup Home equity HeadlinesPublished on July 16, 2009, 5:00 am
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
Rate trends and firecrackers Mortgage Matters Blog HeadlinesPublished on July 14, 2009, 5:00 am
A reader named Cindy asks: "Are mortgage rates predicted to go down next week? What things should I be considering before going ahead?"
Foreclosures? Let 'em rent Mortgage Matters Blog HeadlinesPublished on July 13, 2009, 5:00 am
In response to my blog post from last week, "Theodicy and mortgages," Michael Hilmen writes about artificially high home prices.
Weekly Rate Summary: July 02, 2009 (week ending) Freddie Mac Primary Mortgage Market SurveyPublished on July 2, 2009, 10:48 am
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