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:



Saturday as of Nov. 1 4:00 AM CDT Chicago, IL Weather from Weather UndergroundPublished on November 1, 2014, 9:00 am
Saturday - Partly cloudy with a chance of rain. High of 46F. Breezy. Winds from the NNE at 15 to 25 mph. Chance of rain 20%.
Lakeshore Flood Advisory - Expires: 4:00 AM CDT Chicago, IL Weather from Weather UndergroundPublished on November 1, 2014, 3:31 am
Lakeshore Flood Advisory for Cook County in effect until 4:00 AM CDT on November 01, 2014
High Wind Warning - Expires: 10:00 PM CDT Chicago, IL Weather from Weather UndergroundPublished on November 1, 2014, 12:13 am
High Wind Warning for Cook County in effect until 10:00 PM CDT on October 31, 2014
Special Statement - Expires: 9:00 PM CDT Chicago, IL Weather from Weather UndergroundPublished on October 31, 2014, 11:34 pm
Special Statement for Cook County in effect until 9:00 PM CDT on October 31, 2014
A roundup of news from across the nation Chicago Real Estate on Yahoo! NewsPublished on October 31, 2014, 11:02 pm
A roundup of news from across the nation.
... family on Chicago's south side has sat on the market for over 800 days. Christine Moscinski, a suburban Chicago real estate agent, is not the agent for the brick two-flat at 7244 S. Prairie Ave., but was so interested in its historic value that she ...
CHICAGO (Reuters) - It could be the perfect place for a Halloween Party - the Chicago house that once belonged to the notorious Prohibition-era gangster Al Capone. And it's for sale.
Homes for the homeless...inside billboards Home mortgage rates and real estate news - CNNMoney.comPublished on October 31, 2014, 7:24 pm
Project Gregory is raising money on Kickstarter to fund a billboard home prototype in Slovakia.
Baby Boomers say they aren't moving anywhere Home mortgage rates and real estate news - CNNMoney.comPublished on October 31, 2014, 7:18 pm
Read full story for latest details.
Mixed-Use Development Begins in Oak Park GlobeSt.comPublished on October 31, 2014, 5:46 am
CHICAGO--Golub and Wood Partners believe this project in downtown Oak Park will attract many of the demographic groups that have fueled the resurgence of residential development in downtown Chicago.
Industrial Trends Play Out as Predicted GlobeSt.comPublished on October 30, 2014, 11:13 pm
CHICAGO--As the economic recovery began to take hold, "fundamental shifts in retail shopping patterns and manufacturing strategies" began manifesting in the industrial landscape, says Cushman's John Morris.
Life Spine Buys New Sub. Headquarters GlobeSt.comPublished on October 30, 2014, 7:14 am
CHICAGO--Illinois Tool Works was the seller of this northwest suburban property, which has been vacant since 2000.
JLL Reports Record Third Quarter GlobeSt.comPublished on October 30, 2014, 4:28 am
CHICAGO--JLL saw healthy growth across the globe, but the revenue performance by its LaSalle Investment Management segment and the company's overall revenue from the Americas contributed the most to this record quarter.
Rents are soaring -- and so are evictions Home mortgage rates and real estate news - CNNMoney.comPublished on October 29, 2014, 11:12 pm
In cities across the United States, millions of people will be kicked out of their homes this year. Some can't afford their soaring rent, others are getting evicted over minor violations by landlords eager to get higher paying tenants in place.
Boy Scouts receive a big donation Chicago Real Estate on Yahoo! NewsPublished on October 29, 2014, 8:48 pm
WESTON - A big donation will help scouts in central and northern Wisconsin. A man who went to a scouting camp in Rhinelander wants to help send more kids to camp.
Home sales in the $1 million-plus segment of the metropolitan Chicago real estate market have continued to show upward momentum through the first nine months of 2014. Home sales in the $1 million-plus segment of the metropolitan Chicago real estate market have continued to show upward momentum through the first nine months of 2014, and sales activity was especially strong in the third quarter, according to the RE/MAX Luxury Report on Metro Chicago Real Estate, which provides regular analysis of home sales at $1 million plus.
Blackhawks' Toews lists Lakeshore East condo Real Estate News from ChicagoTribune.comPublished on October 29, 2014, 5:46 pm
Chicago Blackhawks captain Jonathan Toews has placed his three-bedroom Lakeshore East condominium unit on the market for $2.25 million and is said to be on the hunt for larger home.






Boy Scouts receive a big donation Chicago Real Estate on Yahoo! NewsPublished on October 29, 2014, 4:20 pm
WESTON - A big donation will help scouts in central and northern Wisconsin. A man who went to a scouting camp in Rhinelander wants to help send more kids to camp.
CHICAGO, Oct. 29, 2014 /PRNewswire/ -- Home sales in the $1 million-plus segment of the metropolitan Chicago real estate market have continued to show upward momentum through the first nine months of 2014, and sales activity was especially strong in the third quarter, according to the RE/MAX Luxury Report on Metro Chicago Real Estate, which provides regular analysis of home sales at $1 million ...
Wisconsin Boy Scout Council Gets $3M Donation Chicago Real Estate on Yahoo! NewsPublished on October 29, 2014, 2:48 pm
A central Wisconsin Boy Scout council has received a $3 million donation to help send underserved kids to summer camp.
Boy Scout council gets $3M donation Chicago Real Estate on Yahoo! NewsPublished on October 29, 2014, 1:42 pm
A central Wisconsin Boy Scout council has received a $3 million donation to help send underserved kids to summer camp. Wausau Daily Herald Media reported the Samoset Council announced the gift Tuesday from Chicago real estate executive and former scout Albert Hanna. He designated the donation to support underprivileged children's participation in scouting. The Samoset Council's director said ...
Wisconsin Boy Scout council gets $3M donation Chicago Real Estate on Yahoo! NewsPublished on October 29, 2014, 12:23 pm
A central Wisconsin Boy Scout council has received a $3 million donation to help send underserved kids to summer camp.
CBOT Building Becoming a Player GlobeSt.comPublished on October 29, 2014, 8:09 am
CHICAGO--GlenStar and USAA took over the historic building more than two years ago, and have begun transforming it from a property focused on trading firms to one with a diverse set of tenants.
Family of the late John Hughes donates mansion Real Estate News from ChicagoTribune.comPublished on October 28, 2014, 9:26 pm
The family of the late movie director John Hughes announced Monday that it is donating one of the family's two mansions in east Lake Forest to Northwestern Lake Forest Hospital as part of a fundraising campaign for a new hospital.






'I bought a house for $1,000' Home mortgage rates and real estate news - CNNMoney.comPublished on October 28, 2014, 7:55 pm
Detroit has 80,000 dilapidated properties and 100,000 empty lots. It's trying to get more people like Antjuan Wyatt to buy them.
Case-Shiller Chicago Index Gain Smallest Since 2012 Chicago WirePublished on October 28, 2014, 4:35 pm
... Markets do vary by location, price range and housing types. For more market statistics see my other Chicago Real Estate Market articles. For more information on the indices see S&P/Case-Shiller Home Price Indices . Fran Bailey, Realtor Baird & ...
The developer of a large student housing complex near the University of Louisville used copyrighted design and construction drawings without paying, according to a federal lawsuit filed last week. But the legal action will not halt work on the complex.
Bill Daley, wife list Park Tower rental condo Real Estate News from ChicagoTribune.comPublished on October 28, 2014, 3:21 pm
William Daley, former Commerce Secretary and White House chief of staff, and his wife last week listed their two-bedroom condo in the Park Tower on North Michigan Avenue for $1.45 million.






Rental Vacancy Rate U.S. Census Bureau Economic Briefing RoomPublished on October 28, 2014, 10:08 am

The rental vacancy rate in the third quarter 2014 was 7.4 percent, down 0.9 (+/- 0.4) percentage points from the third quarter 2013 rate of 8.3 percent. The rental vacancy rates in the Northeast and South were lower than the corresponding third quarter 2013 rates, while the rates in the Midwest and West were not statistically different from the rates a year ago.

3rd Qtr 2014: +7.4 percent
3rd Qtr 2013: +8.3 percent

Chi. Creative Class Gets New Broker GlobeSt.comPublished on October 28, 2014, 7:35 am
CHICAGO--Idealty will serve the residential needs of the growing number of tech and creative workers that are attracting so many new businesses to downtown Chicago.
SVN to Host Its Largest Online Auction GlobeSt.comPublished on October 28, 2014, 6:32 am
CHICAGO--The sale will include more than 90 properties from diverse sectors including industrial, retail, office, medical office, mixed-use, multi-family, single family and vacant land. Many are bank-owned and will be sold absolute.
City Revisits Cornell Heights Zoning Chicago Real Estate on Yahoo! NewsPublished on October 28, 2014, 5:46 am
By SARAH CUTLER In response to a petition signed by more than 900 Cornellians and Ithacans, the City of Ithaca is planning to revise its zoning plan for the Cornell Heights Historical District. The proposal for these revisions — which will likely be drafted by January — will “both protect […]
Fjallraven Building Chicago Area Store Chicago WirePublished on October 27, 2014, 11:00 pm
Fjallraven, the Swedish outdoor brand, is opening its first store in Chicago in a building under construction in the Bucktown area, according to a report by Chicago Real Estate Daily. The 2,350-square-foot stores is under construction at 1708 N. Damen Ave. Fjallraven makes apparel, backpacks, sleeping bags, tents and other gear for outdoor recreation.
Buy your own ghost town. Starting bid: $800,000 Home mortgage rates and real estate news - CNNMoney.comPublished on October 27, 2014, 10:37 pm
Ever dream of owning your own ghost town? On October 28, just in time for Halloween, you'll have your chance. That's when Johnsonville Village in Connecticut will be auctioned off. Starting bid: $800,000.
Read full story for latest details.
The 41-room, 25,000-square-foot, contemporary-style mansion in Oak Brook that Chicago White Sox Hall of Famer Frank Thomas built in the 1990s and sold in 2003 came on the market on Friday for $2.5 million.






Yakima to address mill site potential, winter shelters Chicago Real Estate on Yahoo! NewsPublished on October 27, 2014, 9:21 am
Thu, 23 Oct 2014 16:51:12 GMT By Mike Faulk Yakima Herald-Republic YAKIMA, Wash. — An analysis of a redeveloped former Boise Cascade mill site and its potential to produce tax revenue will be presented to the Yakima City Council today. The analysis, produced by Chicago real estate investment firm Jones Lang LaSalle, ide...
RPAI Gets Investment Grade Rating GlobeSt.comPublished on October 27, 2014, 8:03 am
CHICAGO--The REIT now has investment grade ratings from both S&P and Moody's Investors Service.
Lowe's Net Lease Sells in Columbus GlobeSt.comPublished on October 27, 2014, 6:52 am
COLUMBUS, OH--The chance to pick up a property with an investment-grade tenant brought out a lot of investors, according to Colliers' officials.
Fieldwork Sticks With the East Loop GlobeSt.comPublished on October 27, 2014, 3:43 am
CHICAGO--Rents are beginning to go up, and many companies have decided now is the time to sign long-term leases and lock in relatively low rates.
Yakima OKs moratorium on new homeless shelters Chicago Real Estate on Yahoo! NewsPublished on October 27, 2014, 2:18 am
Thu, 23 Oct 2014 16:54:59 GMT By Mike Faulk Yakima Herald-Republic Mugline The Yakima City Council on Tuesday night approved a moratorium for any new homeless shelters in the city for the next six months. The moratorium, which was not listed on the council agenda, was proposed by city legal staff at Tuesday’s meeting in response...
A company that profits as it pampers workers Chicago Real Estate on Yahoo! NewsPublished on October 25, 2014, 10:00 am
Can a business that pampers its employees be profitable? It works for Patagonia.
Yakima to address mill site potential, winter shelters Chicago Real Estate on Yahoo! NewsPublished on October 25, 2014, 9:20 am
Thu, 23 Oct 2014 16:51:12 GMT By Mike Faulk Yakima Herald-Republic YAKIMA, Wash. — An analysis of a redeveloped former Boise Cascade mill site and its potential to produce tax revenue will be presented to the Yakima City Council today. The analysis, produced by Chicago real estate investment firm Jones Lang LaSalle, ide...
New Residential Sales U.S. Census Bureau Economic Briefing RoomPublished on October 24, 2014, 10:01 am
Sales of new single-family houses in September 2014 were at a seasonally adjusted annual rate of 467,000. This is 0.2 percent (+/- 15.7%)* above the revised August 2014 estimate of 466,000.

September 2014: +0.2* % change
August 2014 (r): +15.3* % change

Cohen Finances Lincoln Park Acquisition GlobeSt.comPublished on October 24, 2014, 8:08 am
CHICAGO--The Lincoln Park West retail-condo tower is one of the neighborhood's most well-known buildings, largely due to the presence of tenant R.J. Grunts.
CBD Office Market Thrives in 3Q GlobeSt.comPublished on October 24, 2014, 7:04 am
CHICAGO--The vacancy rate keeps dropping, absorption is on the verge of hitting a peak, and expanding tech firms are just one part of the story, according to MBRE.
How to avoid homebuyer's remorse Home mortgage rates and real estate news - CNNMoney.comPublished on October 24, 2014, 12:14 am
Read full story for latest details.
The Craig Noel Award-winning actor Chicago Real Estate on Yahoo! NewsPublished on October 23, 2014, 9:22 pm
I’m asking veteran local actors to name five dream roles and say why. The answers not only reveal aspirations, they may put an idea in the minds of artistic directors and producers — even some choices that might seem outside the box.
Refinancing your mortgage? Opportunity knocks Home mortgage rates and real estate news - CNNMoney.comPublished on October 23, 2014, 6:55 pm
Read full story for latest details.
Van Eck recognized for his role in managing two offices within Chicago’s largest independent real estate brokerage firm. (PRWeb October 23, 2014) Read the full story at http://www.prweb.com/releases/2014/10/prweb12273012.htm
... Drive Luxury Apartments. The Chicago Agent Magazine Agents' Choice Awards are voted on by peers in the Chicago real estate industry. Also nominated for the award were Rick Druker of Baird & Warner and Joe Siciliano of Coldwell Banker Residential ...
Nonprofits Have Same Space Demands as For Profits GlobeSt.comPublished on October 23, 2014, 1:21 pm
WASHINGTON, DC--But they are seeking lower price points, according to CBRE's latest survey on this tenant group.
US Industrial Recovery Stays Resilient GlobeSt.comPublished on October 23, 2014, 4:27 am
CHICAGO--The US industrial vacancy rate just hit its lowest point in more than a decade, and C&W's John Morris says there are reasons to be optimistic that the recovery will continue for some time.
These days, reality television is all the rage. And you don't necessarily have to be famous like Diane von Furstenberg in order to be on a reality show. In fact, there are countless celebs who...
These days, reality television is all the rage. And you don't necessarily have to be famous like Diane von Furstenberg in order to be on a reality show. In fact, there are countless celebs who...
Marc Silverman buys Riverwoods house Real Estate News from ChicagoTribune.comPublished on October 22, 2014, 6:28 pm
Marc Silverman, afternoon co-host of WMVP-AM's "Waddle and Silvy," has moved from the city to the northern suburbs, paying $950,000 for a four-bedroom, 4,014-square-foot house in Riverwoods and selling his longtime condo in Ukrainian Village for $644,000.






GrubHub co-founder buys $3.44M Lincoln Park mansion Real Estate News from ChicagoTribune.comPublished on October 22, 2014, 4:39 pm
Matt Maloney, the co-founder and CEO of Chicago-based GrubHub Seamless, and his wife paid $3.44 million this month for a six-bedroom, 7,000-square-foot vintage mansion in Lincoln Park.
GrubHub co-founder buys $3.44M Lincoln Park mansion Real Estate News from ChicagoTribune.comPublished on October 22, 2014, 4:39 pm
Matt Maloney, the co-founder and CEO of Chicago-based GrubHub Seamless, and his wife paid $3.44 million earlier this month for a six-bedroom, 7,000-square-foot vintage mansion in Lincoln Park.






Six-figure oil jobs hurting home builders Home mortgage rates and real estate news - CNNMoney.comPublished on October 22, 2014, 2:05 pm
Read full story for latest details.
@Properties real estate broker, Natalie Smith delivers results to her clients, a conscience to real estate and a commitment of 10 percent of her commission to local charities and organizations. (PRWeb October 22, 2014) Read the full story at http://www.prweb.com/releases/2014/10/prweb12263780.htm
Home Sales Dip in September GlobeSt.comPublished on October 22, 2014, 6:22 am
CHICAGO--The state's shrinking inventory has helped buoy prices and cut down the time homes are on the market.
Marc Silverman, afternoon co-host of WMVP-AM’s “Waddle and Silvy,” has moved from the city to the northern suburbs, paying $950,000 for a four-bedroom, 4,014-square-foot house in Riverwoods and selling his longtime condo in Ukrainian Village for $644,000.
Marc Silverman, afternoon co-host of WMVP-AM’s “Waddle and Silvy,” has moved from the city to the northern suburbs, paying $950,000 for a four-bedroom, 4,014-square-foot house in Riverwoods and selling his longtime condo in Ukrainian Village for $644,000.






Tue, 21 Oct 2014 00:18:18 GMT By Mike Faulk Yakima Herald-Republic YAKIMA, Wash. — An analysis of a redeveloped former Boise Cascade mill site and its potential to produce tax revenue will be presented to the Yakima City Council Tuesday. The analysis, produced by Chicago real estate investment firm Jones Lang LaSalle, id...
Condos With Pools in Chicago - Indoor & Outdoor Chicago WirePublished on October 20, 2014, 7:26 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Oprah Winfrey has had a change of heart.
Oprah Winfrey has had a change of heart.






For $65 million, you can buy Miami's most expensive home Home mortgage rates and real estate news - CNNMoney.comPublished on October 17, 2014, 9:21 pm
Called La Brisa, this 9-bedroom home in Miami's Coconut Grove neighborhood sits on nearly 7 acres with views of the Atlantic Ocean and Biscayne Bay.
New Residential Construction U.S. Census Bureau Economic Briefing RoomPublished on October 17, 2014, 8:31 am
Privately-owned housing starts in September 2014 were at a seasonally adjusted annual rate of 1,017,000. This is 6.3 percent (+/- 9.3%)* above the revised August 2014 estimate of 957,000.

September 2014: +6.3* % change
August 2014 (r): -12.8 % change

Mortgage rates fall below 4% Home mortgage rates and real estate news - CNNMoney.comPublished on October 16, 2014, 3:13 pm
Read full story for latest details.
Retired professional race car driver Bobby Rahal, who won the 1986 Indianapolis 500, on Tuesday listed his five-bedroom, 6,600-square-foot Lincoln Park mansion for $3.6 million.






MDMA Marathon Fugitive Rolls 2.5 Miles Fleeing Cop Chicago Real Estate on Yahoo! NewsPublished on October 15, 2014, 7:24 pm
When Sunday began, Bryan Duffy, a 29-year-old Chicago real estate agent, was just like you or I. By the end of the day, he was a hero. Read more...
Manufacturing and Trade Inventories and Sales U.S. Census Bureau Economic Briefing RoomPublished on October 15, 2014, 10:02 am
U.S. total business end-of-month inventories for August 2014 were $1,752.3 billion, up 0.2 percent (+/-0.1%) from last month. U.S. total business sales were $1,353.4 billion, down 0.4 percent (+/-0.1%) from last month.

August 2014: +0.2 % change in Inventories
July 2014 (r): +0.4 % change in Inventories

Advance Monthly Sales for Retail and Food Services U.S. Census Bureau Economic Briefing RoomPublished on October 15, 2014, 8:35 am
U.S. retail and food services sales for September were $442.7 billion, a decrease of 0.3 percent (+/-0.5%)* from the previous month.

September 2014: -0.3* % change
August 2014 (r): +0.6 % change

Avant apartments, 347 W Chestnut St, Near North Side Chicago WirePublished on October 14, 2014, 5:17 am
... a six-story, 72-unit apartment building at 863 N Orleans, across the street from 347 W Chestnut. Crain's Chicago Real Estate Daily has a recap of some of the developments planned and underway in the immediate neighborhood. A few short blocks ...
RE/MAX United marked the opening of its new office in Round Lake Beach, Ill., with a grand opening celebration on Sept. 25. The new office, located at 1616 N. Cedar Lake Road, is the second RE/MAX United office in the northern suburbs to serve the metropolitan Chicago real estate market. (PRWeb October 13, 2014) Read the full story at http://www.prweb.com/releases/2014/10/prweb12246045.htm
Chicago Ultra Luxury Home Sales Soar in Q3 Chicago WirePublished on October 13, 2014, 6:51 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Best Chicago Properties LLC, an innovative Chicago real estate brokerage, to be featured on an upcoming episode of HGTV's hit tv show "House Hunters." Best Chicago Properties LLC, is pleased to be featured on HGTV's hit tv show "House Hunters."
Best Chicago Properties LLC, an innovative Chicago real estate brokerage, to be featured on an upcoming episode of HGTV’s hit tv show “House Hunters.” (PRWeb October 10, 2014) Read the full story at http://www.prweb.com/releases/2014/10/prweb12235165.htm
$547,000 for a parking space in Hong Kong Home mortgage rates and real estate news - CNNMoney.comPublished on October 10, 2014, 3:11 am
Forget a sea view mansion. In Hong Kong, parking spaces are some of the hottest properties on the market.
Bill Daley, wife list Park Tower rental condo Real Estate News from ChicagoTribune.comPublished on October 8, 2014, 7:11 am
William Daley, former Commerce Secretary and White House chief of staff, and his wife last week listed their two-bedroom condo in the Park Tower on North Michigan Avenue for $1.45 million.






5 things to consider before tapping your home for cash Home mortgage rates and real estate news - CNNMoney.comPublished on October 7, 2014, 11:42 pm
With home prices on the rise, more people have been able to tap their home's equity to pay for renovations, consolidate debts or help pay for other big ticket items. But is it a good move for you?
Highest Downtown Condo Prices/SF Higher Than Reported Chicago WirePublished on October 6, 2014, 7:18 am
... what's the priciest real estate. One way is highest price. Last week David Lee Matthews wrote in Crain's Chicago Real Estate Daily about a lakefront Glencoe estate that sold for $19.5 million likely setting a record for the Chicago Metro Area. ...
Crowdfunding your home renovation: Should you do it? Home mortgage rates and real estate news - CNNMoney.comPublished on October 5, 2014, 1:37 pm
Some people are relying on family, friends and even complete strangers to help fulfill their real-estate dreams.
Why can't Ben Bernanke refinance his mortgage? Home mortgage rates and real estate news - CNNMoney.comPublished on October 3, 2014, 6:58 pm
Read full story for latest details.
U.S. International Trade in Goods and Services U.S. Census Bureau Economic Briefing RoomPublished on October 3, 2014, 8:46 am
The Nation's international trade balance in goods and services increased to -$40.1 billion in August from -$40.3 billion in July (revised), as exports increased and imports increased.

August 2014: -40.1° $ billion
July 2014 (r): -40.3° $ billion

... the chairwoman of a private investment company. Bluhm-Wolf's father, Neil Bluhm, is a billionaire Chicago real estate developer who was among the top donors to Obama's presidential campaign. He bundled between $200,000 and $500,000 for the president ...
Manufacturers' Shipments, Inventories, and Orders U.S. Census Bureau Economic Briefing RoomPublished on October 2, 2014, 10:13 am
New orders for manufactured goods in August decreased $56.1 billion or 10.1 percent to $502.0 billion.

August 2014: -10.1° % change
July 2014 (r): +10.5° % change

... the market shortened 42 percent to 106 days. The study looked at Chicagoland suburbs in the seven-county Chicago real estate market and relied on sales data gathered by MRED, LLC, the regional multiple listing service. The median home sales price ...
Former Chicago Blackhawks right-wing Rene Bourque, who skates for the Montreal Canadiens, paid $1.5 million for a newly constructed house in the Roscoe Village neighborhood.






Construction Spending U.S. Census Bureau Economic Briefing RoomPublished on October 1, 2014, 10:08 am
Total construction activity for August 2014 ($961.0 billion) was 0.8 percent (+/-1.8%)* below the revised July 2014 ($968.8 billion).

August 2014: -0.8* % change
July 2014 (r): +1.2* % change

Case-Shiller Chicago Indices back to May 2003 levels Chicago WirePublished on September 30, 2014, 2:18 pm
... Markets do vary by location, price range and housing types. For more market statistics see my other Chicago Real Estate Market articles. For more information on the indices see S&P/Case-Shiller Home Price Indices . Fran Bailey is a Realtor who has ...
While borrowers were trying to save their homes from foreclosure, Flagstar Bank sat on important documents and 'drove borrowers into foreclosure,' authorities said.
Why everybody is moving to Texas Home mortgage rates and real estate news - CNNMoney.comPublished on September 29, 2014, 12:20 pm
The fastest growing cities in the nation are ones with reasonably priced homes.
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a Voluntary Compliance Agreement (VCA) with the Community Redevelopment Agency of Los Angeles (CRA-LA) resolving allegations that housing funded by the agency was inaccessible to persons with disabilities. Under the agreement, CRA-LA will spend approximately $2.8 million to retrofit 140 units as well as common areas in 22 properties to make them fully accessible.
Robert Lattas explains 2014 real estate trends, where to look and why now is the time to buy property in Chicago. The United States economy has seen a recovery fueled by steady growth since 2009.
WGN-Ch. 9 sportscaster Rich King has listed his three-bedroom, 1,900-square-foot condominium unit on Lake Shore Drive in Streeterville for $999,900.






WASHINGTON, DC, September 24, 2014 - In an effort to increase awareness of the Making Home Affordable. (MHA) Program's free resources and assistance for struggling homeowners, the U.S. Department of the Treasury (Treasury), the U.S. Department of Housing and Urban Development (HUD), and the Ad Council today launched a new series of public service advertisements (PSAs) as a part of their Foreclosure Prevention Assistance campaign.
HUD, Census Bureau Report New Residential Sales in August HUD Press ReleasesPublished on September 24, 2014, 12:07 pm
WASHINGTON - Sales of new single-family houses in August 2014 were at a seasonally adjusted annual rate of 504,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 18.0 percent (116.3%)* above the revised July rate of 427,000 and is 33.0 percent (121.7%)* above the August 2013 estimate of 379,000.
Vince Vaughn tests interest in Palmolive Building penthouse Real Estate News from ChicagoTribune.comPublished on September 17, 2014, 10:40 pm
Actor Vince Vaughn, who once had one of the Chicago-area's highest asking prices for a residential property — $24.7 million — for his five-bedroom, 12,000-square-foot triplex penthouse in the Palmolive Building on North Michigan Avenue, is informally shopping the unit for $14.9...






Will the North Loop absorb all the new apartments? Chicago WirePublished on September 15, 2014, 6:28 am
... at 200 N Michigan and 230 units are on the drawing boards at 32 W Randolph . Late last week Crain's Chicago Real Estate Daily reported that CIM Group is moving forward on 694 units at Block 37. When all of these projects are complete the North Loop ...
The Pinnacle Chicago Condos For Sale Chicago WirePublished on September 12, 2014, 5:27 pm
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Quarterly Services Survey U.S. Census Bureau Economic Briefing RoomPublished on September 11, 2014, 10:04 am
U.S. Information sector revenue for the second quarter of 2014, adjusted for seasonal variations but not for price changes, was $333.2 billion, an increase of 0.8 percent (+/- 0.9)* from the first quarter of 2014.

2nd Qtr 2014: +0.8* % change
1st Qtr 2014 (r): +1.3 % change

Ex-Smashing Pumpkins drummer relists Riverwoods mansion Real Estate News from ChicagoTribune.comPublished on September 11, 2014, 2:32 am
Former Smashing Pumpkins drummer Jimmy Chamberlin last week placed his five-bedroom, 10,646-square-foot mansion in north suburban Riverwoods back on the market for $1.75 million.






An Arizona-based health-food restaurant chain has its sights on River North. True Food Kitchen , a small chain with nine locations in locales west, south, and southeast, is planning to open its first in Chicago at State and Erie, according to Chicago Real Estate Daily .
Manufacturing corporations' seasonally adjusted after-tax profits were $153.2 billion for the second quarter of 2014, up $14.2 (+/- 0.7) billion from first quarter of 2014.

2nd Qtr 2014: +14.2 $ billion
1st Qtr 2014 (r): -19.8 $ billion

2 bedroom condo prices in Chicago up 10.3% in Q2 Chicago WirePublished on September 5, 2014, 6:57 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Fukudome lists Streeterville condo for $1.5 million Real Estate News from ChicagoTribune.comPublished on September 3, 2014, 9:42 pm
Former Chicago Cubs and Chicago White Sox outfielder Kosuke Fukudome, who now plays baseball in his native Japan, has listed his three-bedroom condominium unit in a Streeterville high-rise for $1.5 million.






Lake Shore Place Chicago WirePublished on September 3, 2014, 6:58 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Ex-Bears coach Lovie Smith lists Lake Forest home Real Estate News from ChicagoTribune.comPublished on August 29, 2014, 12:06 am
Former Chicago Bears head coach Lovie Smith, now head coach of the Tampa Bay Buccaneers, has listed his 13-room brick house in Lake Forest for $1.999 million.






Reputed mob boss Joseph Andriacchi, who for more than two decades has been identified by the Chicago Crime Commission and law enforcement as a high-ranking member of the Chicago Outfit, has listed his four-bedroom, 6,350-square-foot mansion in River Forest for $2.15 million.






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