Local News

Real estate news in Chicagoland

A Single-Family Presence in the Rental Markets

Month after month, data comes out affirming the rising demand for rental units, and like the wider world of real estate, fresh and unusual details often accompanies it. A recent Wall Street Journal piece on the rent/homeownership dichotomy has presented

Foreclosure Totals Down, Foreclosure Starts Up in Q1 2012

Foreclosure activity was down in the latest foreclosure report from RealtyTrac, which covered foreclosure filings, default notices, scheduled auctions and bank repossessions for the first quarter of 2012. The total properties in these catergories is reported to be 572,928 properties during

Does Obama's Latest Housing Scorecard Show Progress?

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury just released the Obama Administration’s Housing Scorecard for March, showing improvement in some areas from previous months. Raphael Bostic, an assistant secretary for

Virtual Assistant Company Has Growth Goals

By Lani Rosales, AGBeat RealSupport CEO and President Carrie Gable set out to put real estate assistants in agents’ offices without taking up an extra desk, making the process completely virtual. What separates RealSupport, founded in 2000, in the

NAR Celebrates Fair Housing Month by Raising Awareness

The National Association of Realtors (NAR) is raising awareness for fair housing to celebrate the 44th anniversary of  the Fair Housing Act, which was introduced in 1968. The Fair Housing Act prohibits discrimination based on race, color, national origin, religion,

The Problems of Escalating Contract Failures

An interesting nugget of information on contract failures, was tucked away in the National Association of Realtor’s latest press release on existing-home sales. Amidst the details on sales (which were down 0.9 percent monthly but up 8.8 percent year, in case

Dimensions of a Housing Recovery

All week, we’ve been reporting on the different dimensions of the housing recovery. From housing’s relationship with the greater economic progression of 2012, to positive projections from Frank Nothaft, Freddie Mac’s chief economist, to the continually high interest from Americans

Baird & Warner Ad Campaign Hopes to "Reinvigorate" the Market

Baird & Warner has unveiled an unconventional ad campaign that addresses theresidential sales market head-on and encourages consumers to see the possibilities of how homeownership can lead to a more fulfilling

This Week in Real Estate: Home Sales, Lawsuits and Smokey Mirrors

How did existing-home sales look in January? Is Quicken Loans preparing to take the stand in the nation’s highest court? And could Illinois become even more smoke free? We look at the week’s top news (Feb. 20 – Feb.

This Week in Real Estate: Affordability, Financial Saviors and Constructing Optimism

How affordable have homes become? How did residential construction begin the year? And how will foreclosures react to the mortgage settlement? We survey the week’s top news in real estate (Feb. 13 to Feb. 17) by the

New Subscribe