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 Dec. 18 3:00 AM CST Chicago, IL Weather from Weather UndergroundPublished on December 18, 2014, 9:00 am
Thursday - Mostly cloudy. High of 34F with a windchill as low as 19F. Winds from the WNW at 10 to 15 mph.
BUPD Promotes Four to Partner GlobeSt.comPublished on December 18, 2014, 7:59 am
CHICAGO--All of the new partners spent years practicing in the areas of real estate and commercial litigation.
Bridge Launches 1M SF of Lake Cty. Specs GlobeSt.comPublished on December 18, 2014, 3:43 am
CHICAGO--Company officials say Lake County has few available options for industrial users that need new product with great transportation access.
Toews officially sells Lakeshore East condo Real Estate News from ChicagoTribune.comPublished on December 17, 2014, 10:22 pm
Chicago Blackhawks team captain Jonathan Toews on Wednesday sold his three-bedroom Lakeshore East condo to an unidentified buyer for the listing price of $2.249 million.






Ryan Hill Realty becomes Leverage Global Partners member and its exclusive affiliate for the Chicago real estate market. The Naperville-based brokerage will offer luxury home sellers global listing exposure, as well as assist luxury home buyers interested in Chicago and its suburbs. (PRWeb December 17, 2014) Read the full story at http://www.prweb.com/releases/2014/ryanhillandleveragere ...
Julián Castro Statement on HUD FY2015 Budget HUD Press ReleasesPublished on December 17, 2014, 12:07 pm
WASHINGTON - U.S. Housing and Urban Development Secretary Julián Castro today issued the following statement in response to President Obama signing the Consolidated and Further Continuing Appropriations Act, 2015. HUD's $45 billion budget allows the Department to support the individuals and organizations that we currently serve, but also limits HUD's ability to help some new families reach the middle class or pursue their dream of homeownership.
New owner emerges for retail village Chicago Real Estate on Yahoo! NewsPublished on December 17, 2014, 5:11 am
The Shops at Fallen Timbers, a villagelike “lifestyle center” shopping complex that opened seven years ago on a 108-acre site west of U.S. 24 in Maumee, is about to be sold.
Habitat Co. Expanding Beyond Chicago GlobeSt.comPublished on December 17, 2014, 4:48 am
CHICAGO--Matt Fiascone has just taken the helm at the Chicago developer, and tells GlobeSt.com that in 2015 it will explore opportunities in the inner suburbs and across the Midwest.
Great Lakes Dredges Up Gold with NJ Shore Contracts GlobeSt.comPublished on December 17, 2014, 3:40 am
GREAT EGG HARBOR, NJ--Great Lakes Dredge & Dock Corporation has been awarded contracts for projects along the New Jersey shore with an aggregate value of over $185 million. Other project expansions could boost the dredging company's revenue from the work to more than $200 million.
Mayor Rahm Emanuel has raked in another $533,000 for his re-election run, almost all of it thanks to the fact that the state's campaign contribution limits don't apply to the mayor's race.
Mayor Rahm Emanuel has raked in another $533,000 for his re-election run, almost all of it thanks to the fact that the state's campaign contribution limits don't apply to the mayor's race.
Emanuel rakes in $533,000 more with limits off Chicago Real Estate on Yahoo! NewsPublished on December 17, 2014, 1:47 am
Mayor Rahm Emanuel has raked in another $533,000 for his re-election run, almost all of it thanks to the fact that the state's campaign contribution limits don't apply to the mayor's race.
Former Chicago Cubs outfielder Todd Hollandsworth, now a Cubs pregame and postgame analyst for Comcast SportsNet and also a baseball analyst for MLB Network Radio, last month paid $1 million for a newly built, five-bedroom, 3,525-square-foot house in Barrington.






WFLD-Ch. 32 lead sports anchor Lou Canellis and his wife, Monica, last month paid $930,000 for a three-bedroom condo on the 12th floor of a 26-story South Loop tower, and they also have sold their longtime condo in a different building in the South Loop for $675,000.






Former Chicago City Treasurer Miriam Santos last month sold her three-bedroom house in the Southport Corridor area of Lakeview for $1.01 million.






WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for November 2014.
Water Main Break Closes HUD Headquarters Tuesday Afternoon HUD Press ReleasesPublished on December 16, 2014, 12:07 pm
The Weaver Building in Washington D.C. is closed immediately because of a water main break. The building should be reopened tomorrow, however, should circumstances prevent the building from opening, employees should call (866) 463-6483, check the local news or hud.gov for the building status on Wednesday, December 17, 2014.
Special Statement - Expires: 7:30 AM CST Chicago, IL Weather from Weather UndergroundPublished on December 16, 2014, 12:02 pm
Special Statement for Cook County in effect until 7:30 AM CST on December 16, 2014
New Residential Construction U.S. Census Bureau Economic Briefing RoomPublished on December 16, 2014, 8:32 am
Privately-owned housing starts in November 2014 were at a seasonally adjusted annual rate of 1,028,000. This is 1.6 percent (+/- 8.1%)* below the revised October 2014 estimate of 1,045,000.

November 2014: -1.6* % change
October 2014 (r): +1.7* % change

Missner Finishes Suburban Industrial Spec GlobeSt.comPublished on December 16, 2014, 8:20 am
CHICAGO--The rebound in rental rates has kicked off construction of several industrial projects in the southwest suburbs.
BOMA/Chi. Elects New President/Officers GlobeSt.comPublished on December 16, 2014, 6:56 am
CHICAGO--T.J. Brookover tells GlobeSt.com that he will continue the trade association's mission to help building owners contain operating and tax costs.
Push for Multifamily to Continue in 2015 GlobeSt.comPublished on December 16, 2014, 4:30 am
GRAND RAPIDS, MI--Joe Elias of Loquidity tells GlobeSt.com that both cities and suburbs will continue seeking out chances to bring in projects that "maximize social interaction."
Trump Tower Chicago Prices Most Extreme Chicago WirePublished on December 15, 2014, 6:08 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
US Construction Spending to Rise 7% GlobeSt.comPublished on December 15, 2014, 4:58 am
CHICAGO--Fitch Ratings also expects revenue growth to average 8% to 10% for building materials companies in 2015.
Wicker Park Apts. Secures Construction Loan GlobeSt.comPublished on December 15, 2014, 3:43 am
CHICAGO--The 40-unit building was the first transit oriented development to go before the Chicago Plan Commission, and after a long struggle to secure the property, will open next summer.
Allianz, Manulife JV on US Real Estate GlobeSt.comPublished on December 15, 2014, 12:42 am
NEW YORK CITY--With Allianz's US real estate arm acquiring a majority stake in two Manulife properties, the venture is the latest in a series of partnerships by global financial firms to tap the American market.
Construction underway on new South Loop apartment tower Chicago WirePublished on December 12, 2014, 7:43 am
Crain's Chicago Real Estate Daily reported yesterday that Golub & Co had begun construction on its new 397-unit, 41-story apartment tower at 1001 S State in the South Loop . I was in the area and stopped by for an updated look at the site.
Cedar Sells LaSalle Power Building GlobeSt.comPublished on December 12, 2014, 7:10 am
CHICAGO--The company secured a net lease tenant just after acquiring the building in 2013
Golub and CIM Start S. Side Mixed-Use Dev. GlobeSt.comPublished on December 12, 2014, 2:30 am
CHICAGO--The South Loop high-rise, one of several that Golub has launched recently, will include 397 apartments, retail, parking, outdoor terrace and a pool.
Buffalo Grove man gets life sentence in kidnap-torture plot Chicago Real Estate on Yahoo! NewsPublished on December 12, 2014, 12:15 am
A Buffalo Grove man will spend the rest of his life in prison for plotting to kidnap and kill a suburban businessman using a torture chamber he and an accomplice set up for the purpose. The crimes committed by Steven Mandell, a former Chicago policeman and onetime death row inmate, "were evil and show a complete disregard for human life," U.S. District Judge Amy St. Eve said.
MetLife, M&J Wilkow JV Acquire Retail Center GlobeSt.comPublished on December 11, 2014, 6:58 pm
GREENVILLE, SC--A joint venture of MetLife of New York City and Chicago-based M & J Wilkow has purchased the former Greenville Mall here for an undisclosed sum.
Manufacturing and Trade Inventories and Sales U.S. Census Bureau Economic Briefing RoomPublished on December 11, 2014, 10:02 am
U.S. total business end-of-month inventories for October 2014 were $1,760.4 billion, up 0.2 percent (+/-0.1%) from last month. U.S. total business sales were $1,350.9 billion, down 0.1 percent (+/-0.3%)* from last month.

October 2014: +0.2 % change in Inventories
September 2014 (r): +0.3 % change in Inventories

Advance Monthly Sales for Retail and Food Services U.S. Census Bureau Economic Briefing RoomPublished on December 11, 2014, 8:35 am
U.S. retail and food services sales for November were $449.3 billion, an increase of 0.7 percent (+/-0.5%) from the previous month.

November 2014: +0.7 % change
October 2014 (r): +0.5 % change

Evergreen, Duffy Begin S. Side Senior Units GlobeSt.comPublished on December 11, 2014, 6:35 am
CHICAGO--The developers used HUD's Section 202 program to help fund the affordable project, slated for completion by next fall.
Global Investors Driving Chi. Office Market GlobeSt.comPublished on December 11, 2014, 3:35 am
CHICAGO--GlobeSt.com speaks to Nooshin Felsenthal, a JLL official who helped handle the recent sale of 353 N. Clark, which generated the second-highest price per-square-foot ever for Chicago.
New York City's most expensive rental costs $500,000 a month Home mortgage rates and real estate news - CNNMoney.comPublished on December 11, 2014, 12:53 am
Read full story for latest details.
Quarterly Services Survey U.S. Census Bureau Economic Briefing RoomPublished on December 10, 2014, 10:01 am
U.S. Information sector revenue for the third quarter of 2014, adjusted for seasonal variation but not for price changes, was $336.5 billion, an increase of 1.0 percent (+/- 0.8%) from the second quarter of 2014.

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

Getting a mortgage is about to get easier Home mortgage rates and real estate news - CNNMoney.comPublished on December 10, 2014, 12:48 am
Read full story for latest details.
Foreclosure evictions halted for the holidays Home mortgage rates and real estate news - CNNMoney.comPublished on December 9, 2014, 10:49 pm
Read full story for latest details.
The 41-room, 25,000-square-foot contemporary-style mansion in Oak Brook that retired Chicago White Sox Hall of Fame slugger Frank Thomas built in the 1990s sold Friday for $2.71 million.






Richard Roeper sells condo for $1.4 million Real Estate News from ChicagoTribune.comPublished on December 9, 2014, 4:47 pm
Chicago Sun-Times film critic and former WLS-AM co-host Richard Roeper on Monday sold his three-bedroom, 2,600-square-foot duplex penthouse condominium unit in River North for $1.395 million.






The 3% down payment mortgage makes a comeback Home mortgage rates and real estate news - CNNMoney.comPublished on December 9, 2014, 2:29 pm
Read full story for latest details.
Manufacturing corporations' seasonally adjusted after-tax profits were $166.2 billion for the third quarter of 2014, up $12.6 (+/- 0.4) billion from second quarter of 2014.

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

Large condo prices rise 2x smaller condo prices in Q3 Chicago WirePublished on December 8, 2014, 7:35 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
10 hottest housing markets for 2015 Home mortgage rates and real estate news - CNNMoney.comPublished on December 7, 2014, 4:07 pm
As the jobs picture improves, Millennials are finally going to be buying homes in 2015 -- and these 10 cities are poised to benefit the most, according to Realtor.com.
FHA Announces New Loan Limits to Take Effect January 1st HUD Press ReleasesPublished on December 5, 2014, 12:07 pm
WASHINGTON - The Federal Housing Administration (FHA) today announced the agency's news schedule of loan limits for 2015. These loan limits are effective for case numbers assigned on or after January 1, 2015, and will remain in effect through the end of the year. Read FHA's mortgagee letter detailing the agency's new loan limits.
U.S. International Trade in Goods and Services U.S. Census Bureau Economic Briefing RoomPublished on December 5, 2014, 8:31 am
The Nation's international trade balance in goods and services increased to -$43.4 billion in October from -$43.6 billion in September (revised), as exports increased more than imports.

October 2014: -43.4° $ billion
September 2014 (r): -43.6 $ billion

Angélica Rivera, who has an ocean-front condominium in Key Biscayne, is the first First Lady of Mexico known to own luxury property in the U.S.
Housing guru Shiller: Put your money in stocks Home mortgage rates and real estate news - CNNMoney.comPublished on December 4, 2014, 8:17 pm
Read full story for latest details.
Brooklyn is the least affordable place in America Home mortgage rates and real estate news - CNNMoney.comPublished on December 4, 2014, 7:43 pm
Read full story for latest details.
Chicago's old main post office reportedly for sale Chicago Real Estate on Yahoo! NewsPublished on December 4, 2014, 5:54 pm
Monaco-based developer Bill Davies has decided to put Chicago's old post office building up for sale, a spokeswoman for his broker confirmed Thursday.
Avoid these over-the-top home customizations Home mortgage rates and real estate news - CNNMoney.comPublished on December 4, 2014, 3:03 pm
When it comes to home improvements, how much customization is too much? These 8 upgrades could reduce your home's value.
HUD and Treasury Announce Enhancements to Housing Program HUD Press ReleasesPublished on December 4, 2014, 12:07 pm
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today announced enhancements to programs under Making Home Affordable (MHA) to better assist struggling homeowners and communities still recovering from the effects of the financial crisis. The enhancements are designed to motivate homeowners in MHA to continue making their mortgage payments on-time, strengthen the safety net for those facing continuing financial hardships, and help homeowners in MHA programs build equity in their homes, an important factor in stabilizing neighborhoods.
Hinsdale house with famed 'Batman pool' sells Real Estate News from ChicagoTribune.comPublished on December 3, 2014, 7:57 pm
The English-style, east Hinsdale mansion that boasts the "Batman pool" sold in October for $1.795 million.






Mansion sells for 'bargain' price of $1.23 million Real Estate News from ChicagoTribune.comPublished on December 3, 2014, 7:21 pm
An 18-room, 10,733-square-foot mansion in Glen Ellyn that once was listed for almost $6 million sold in late October for $1.23 million.






Blackhawks' Jonathan Toews buys North Side mansion Real Estate News from ChicagoTribune.comPublished on December 3, 2014, 6:15 pm
Blackhawks captain Jonathan Toews has paid more than $3.5 million for a 6,000-square-foot mansion on Chicago's North Side, according to public records.






Millions of Americans are spending too much on housing Home mortgage rates and real estate news - CNNMoney.comPublished on December 3, 2014, 5:27 pm
Thanks to rising costs and stagnant wage growth, nearly 40 million Americans are spending more than 30% of their income on housing, according to a survey of by the Demand Institute.
HUD Announces $10 Million in "Sweat Equity" Grants HUD Press ReleasesPublished on December 3, 2014, 12:07 pm
WASHINGTON - U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today awarded $10 million in "sweat equity" grants to four non-profit self-help housing organizations which will create at least 540 affordable homes for hard-working, low-income families and individuals. Funded through HUD's Self-Help Homeownership Opportunity Program (SHOP), the funding awarded today, along with the labor contributed by the homebuyers and numerous volunteers, will significantly lower the cost of homeownership.
Big, historic homes for a bargain price Home mortgage rates and real estate news - CNNMoney.comPublished on December 2, 2014, 4:22 pm
Many discerning homebuyers prefer old houses. They were built with craftsmanship and materials rare today with features like wideboard floors, heavy joists and plaster walls. Here's a sampling of homes from around the country, most priced far below replacement costs.
Senate Confirms Coloretti as HUD's Deputy Secretary HUD Press ReleasesPublished on December 2, 2014, 12:07 pm
WASHINGTON - The United States Senate today confirmed President Obama's nomination of Nani Coloretti to serve as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). As the second most senior official at HUD, Coloretti will manage the Department's day-to-day operations, including a $45 billion annual budget and approximately 8,500 employees.
Construction Spending U.S. Census Bureau Economic Briefing RoomPublished on December 2, 2014, 10:03 am
Total construction activity for October 2014 ($971.0 billion) was 1.1 percent (+/-1.8%)* above the revised September 2014 ($960.3 billion).

October 2014: +1.1* % change
September 2014 (r): -0.1* % change

Will Bush Temple apartments be micro or crazy huge? Chicago WirePublished on December 2, 2014, 6:58 am
... as 90 square feet, a recently-adopted ordinance requires a minimum of 220 square feet. In that context Chicago Real Estate Daily 's opening paragraphs on the sale of the landmark Bush Temple of Music building on Chicago Ave, several blocks south of ...
By David Adams and Zachary Fagenson MIAMI (Reuters) - Sitting at a restaurant table looking out over a courtyard of street art murals, real estate developer Jessica Goldman Srebnick muses about her vision of a creative, cultural image for Miami, a city long vilified for vice and frivolity. "We like to think of ourselves as romantic developers," said Goldman Srebnick, 44, describing the role of ...
Art, luxury brands give Miami districts hip makeover Chicago Real Estate on Yahoo! NewsPublished on December 1, 2014, 5:44 pm
By David Adams and Zachary Fagenson MIAMI (Reuters) - Sitting at a restaurant table looking out over a courtyard of street art murals, real estate developer Jessica Goldman Srebnick muses about her vision of a creative, cultural image for Miami, a city long vilified for vice and frivolity. "We like to think of ourselves as romantic developers," said Goldman Srebnick, 44, describing the role of ...
118 E Erie St condos for sale Chicago WirePublished on December 1, 2014, 2:01 pm
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
111 E Erie St condos for sale Chicago WirePublished on December 1, 2014, 7:05 am
... al Estate 773-793-4516 737 N Michigan Ave 1800, Chicago, IL 60611 fran.bailey@bairdwarner.com 2006 Metro Chicago Real Estate Magazine "[this] site has many of the features that characterize the best real estate blogs"
Nathan Vasher sells Mundelein home Real Estate News from ChicagoTribune.comPublished on November 26, 2014, 9:12 pm
Former Chicago Bears cornerback Nathan Vasher has sold his five-bedroom, Tudor-style house in Mundelein for $340,000.






Lovie Smith takes his mansion off the market Real Estate News from ChicagoTribune.comPublished on November 26, 2014, 9:08 pm
Former Chicago Bears head coach Lovie Smith this week took his 13-room Lake Forest mansion off the market. It had been listed for little less than three months at $1.99 million.






HUD and Census Bureau Report New Residential Sales in October HUD Press ReleasesPublished on November 26, 2014, 12:07 pm
WASHINGTON - Sales of new single-family houses in October 2014 were at a seasonally adjusted annual rate of 458,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.7 percent (±16.5%)* above the revised September rate of 455,000 and is 1.8 percent (±17.4%)* above the October 2013 estimate of 450,000.
New Residential Sales U.S. Census Bureau Economic Briefing RoomPublished on November 26, 2014, 10:01 am
Sales of new single-family houses in October 2014 were at a seasonally adjusted annual rate of 458,000. This is 0.7 percent (+/- 16.5%)* above the revised September 2014 estimate of 455,000.

October 2014: +0.7* % change
September 2014 (r): +0.4* % change

New orders for manufactured durable goods in October increased $1.0 billion or 0.4 percent to $243.8 billion.

October 2014: +0.4° % change
September 2014 (r): -0.9° % change

Ken Griffin, the founder of Chicago investment firm Citadel and Illinois' richest man, has listed his three-bedroom, 2,494-square-foot condominium on North Michigan Avenue for $1.4 million.






Billionaire Sam Zell to write memoir, 'Gravedancer' Chicago Real Estate on Yahoo! NewsPublished on November 25, 2014, 9:19 pm
Billionaire Sam Zell, former owner of the L.A. Times' former parent company, Tribune, who saw his purchase of the company drive it to bankruptcy, is writing a memoir to be titled "Gravedancer."
Case-Shiller Chicago Index Continues Small Gains Chicago WirePublished on November 25, 2014, 4:49 pm
... Markets do vary by location, price range and housing types. For more market statistics see my other Chicago Real Estate Market articles. For more information on the indices see S&P/Case-Shiller Home Price Indices . Fran Bailey, Realtor Baird & ...
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and National League of Cities (NLC) today announced a new Memorandum of Understanding (MOU) to help fight against veteran homelessness in cities across the country. To date, more than 255 cities, counties and states are pledging to end veteran homelessness in their communities by 2015 using the power of federal, state, local, and non-profit resources.
AUSTIN, TX - U.S. Housing and Urban Development (HUD) Secretary Julián Castro today announced funding available to help local communities across the country to redevelop severely distressed public and HUD-assisted housing and transform surrounding neighborhoods. This funding is subject to increase if there is an FY2015 appropriation. Part of the Obama Administration's effort to build Ladders of Opportunity to the middle class, HUD is offering grants of up to $30 million through its Choice Neighborhoods Implementation Program to support locally driven solutions for transforming neighborhoods struggling to address poor quality housing, inadequate schools, poor health, high crime, and lack of capital.
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for October 2014.
Chicago MLS Listings - 2.4% Not on Internet Chicago WirePublished on November 17, 2014, 6:56 am
... on MLS listings that don't display on some of the national real estate portals search homes for sale on Chicago real estate sites that get their data from the MLS. Not only are there more Chicago MLS listings, but the data may be updated faster. ...
Are pied-a-terre rentals a growing trend? Chicago WirePublished on November 17, 2014, 6:53 am
Crain's Chicago Real Estate reported on what some are contending is a growing trend to renting rather than owning a pied-A -terre in Chicago. Developers took different approaches in estimating the number of part-time renters in their buildings.
The worldwide chain has two Chicago locations in the works while Fat Rice chef Abraham Conlon says he has plans of his own. With the fried chicken boom already in full swing in Chicago, is peri peri chicken the next big thing in fowl? South African chain Nando's Peri-Peri thinks so, as it's planning two locations in Chicago, according to Chicago Real Estate Daily .
Chicago House Prices Highest Since 2008 Chicago WirePublished on November 10, 2014, 7:15 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"
What $h*t Costs in Chicago Chicago WirePublished on November 7, 2014, 4:52 pm
... for the 9th at Hawthorne on Saturday. Note the following list I put together based on my professional Chicago real estate observation (and amateur neighborhood wanderings): * $ 2,500 Average monthly rent payment for a 2 bed/2 bath Wrigleyville ...
RE/MAX Suburban, the largest RE/MAX brokerage franchise in Illinois, with seven offices serving the metropolitan Chicago real estate market, has welcomed eight new broker agents to its ranks. The new arrivals push the total number of brokers affiliated with RE/MAX Suburban to the 200 mark.
RE/MAX Suburban, the largest RE/MAX brokerage franchise in Illinois, with seven offices serving the metropolitan Chicago real estate market, has welcomed eight new broker agents to its ranks. PRLog - Nov. 4, 2014 - CHICAGO -- RE/MAX Suburban, the largest RE/MAX brokerage franchise in Illinois, with seven offices serving the metropolitan Chicago real estate market, has welcomed eight new broker agents to its ranks.
Chicago luxury home sales booming Chicago WirePublished on November 4, 2014, 1:38 am
Luxury home sales in the Chicago area are thriving in 2014. Home sales for the $1 million-plus segment of homes in the seven-county Chicago metro area are up 8% over 2013, according to the RE/MAX Luxury Report on Metro Chicago Real Estate.
... 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 ...
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.
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 & ...
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

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.
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
Winterfest, 1/28 CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Winterfest, 1/28
Daley Bicentennial Plaza
Free Fitness Admission CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Free Fitness Admission
Promotion runs Jan. 3-9 at 71 Fitness Center Locations
Polar Adventure Days, 1/21 CPD Home Page Events feedPublished on December 18, 2011, 5:00 pm
Polar Adventure Days, 1/21
Northerly Island Winter Activities
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!
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.
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
Hyatt union workers to vote on whether to strike ChicagoRealEstateDaily.comPublished on July 28, 2010, 9:34 pm
(Crain’s) — Union workers at local Hyatt hotels will take part in a strike authorization vote Thursday, nearly 11 months after the expiration of their last labor contract. Unite Here Local 1 and Hyatt Hotels Corp. have “made very little progress since we began negotiating (a new contract) ...
Sheraton Chicago lands $158-million refinancing loan ChicagoRealEstateDaily.comPublished on July 28, 2010, 6:44 pm
(Crain’s) — The owner of the Sheraton Chicago Hotel & Towers has refinanced the riverside property with a $158.2-million loan from Goldman Sachs & Co., another sign that money is flowing back into the rebounding hotel sector. The owner of the 1,209-room hotel, Tishman Hotel & Realty L.P., had ...
Block 37 hit with new foreclosure suit ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:21 pm
(Crain’s) — Joseph Freed & Associates LLC faces a new foreclosure lawsuit at Block 37. U.S. Bank is seeking $16.75 million from Freed entities related to a mortgage the bank made in 2007 for the planned two-tower residential and hotel portion of the development at State and Randolph streets. ...
(Crain’s) — Investors looking for signs that South Loop land prices have stabilized didn’t find one at an auction Tuesday of a prominent South Michigan Avenue development site overlooking along Grant Park. An affiliate of First American Bank prevailed in the auction of the vacant property ...
(Crain’s) — Distribution giant U.S. Foodservice Inc. has purchased almost 50 acres in Aurora, a site big enough for a warehouse of about 1 million square feet, larger than any industrial building developed locally since 2008. Rosemont-based U.S. Foodservice, the biggest privately held ...
Apartment tower slated for River North ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:07 pm
(Crain’s) — AMLI Residential Partners LLC plans to build a 49-story apartment tower in River North after striking a deal with developer Albert Friedman. Chicago-based AMLI signed a 100-year lease on a 12,617-square foot site on the southeast corner of Clark and Hubbard streets, property ...
Target gets big discount on Near West Side land ChicagoRealEstateDaily.comPublished on July 28, 2010, 12:02 pm
(Crain’s) — Target Corp., the retail giant renowned for its cheap-chic sensibilities, apparently knows about discount real estate, too. The Minneapolis-based company paid $9.3 million for a roughly four-acre site on the Near West Side, not even half what the previous owners paid for the ...
(Crain’s) — In a sign of just how good it is to be a suburban office tenant these days, a Career Education Corp. school cut its rent by more than 30% at a Hoffman Estates building while slashing its space and extending the lease for two years. American Intercontinental University Inc. is ...
Florsheim Mansion for sale The founder of Round Table Group Inc., an expert-witness search and referral firm, is asking $2.5 million for his Gold Coast home, known as the Florsheim Mansion. The curved brick residence at 1328 N. State Parkway was designed by Andrew Rebori, a prominent Chicago ...
Closer highlights for July 27 ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:57 pm
Sales A venture affiliated with Chicago-based Wells Street Cos. bought the River North building at 415 N. Dearborn St. for $4.65 million in a sale/leaseback with Sullivan’s Steakhouse. The seller was a venture of Southlake, Texas-based Del Frisco’s Restaurant Group, which operates 20 ...
Pritzker Realty in East Coast apartment joint venture ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:50 pm
(Crain’s) — Pritzker Realty Group is teaming up with a Maryland real estate firm to buy and develop apartments on the East Coast. Pritzker Realty has formed a $75-million joint venture with Bozzuto Group, a suburban Washington, D.C., investor, that will seek acquisition and development ...
Local Case-Shiller index up for 2nd straight month ChicagoRealEstateDaily.comPublished on July 27, 2010, 3:26 pm
(Crain’s) — An index of local home prices rose in May for the second straight month as federal tax incentives pulled more buyers into the market. The Standard & Poor’s/Case-Shiller index of Chicago-area single-family home prices rose 1.2% from April to May, but was still 1.5% lower than it ...
The real estate market is so bad even kings are facing foreclosure. Two banks have filed suits totaling $5.5 million against properties controlled by Rudy Acosta III, including the controversial "castle" built on the Northwest Side by the real estate developer and hip-hop music producer known as ...
Betting on The Donald paid off for most of the buyers who've resold their condos since the Trump Tower opened more than two years ago. The gamble hasn't worked out as well for Mr. Trump.
Real estate Real Estate - Residential stories from Crain's Chicago BusinessPublished on July 5, 2010, 8:00 am
Find out how much someone making minimum wage would have to work to secure affordable housing in the Chicago area. Also, learn more about the state of the office market and the North side v. South side retail battle. View the full PDF ©2010 by Crain Communications Inc.
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
30 Year: null%, 15 Year: null%, 5 Year: null%, 1 Year: null%