NEWS ARTICLES


REAL ESTATE INDUSTRY NEWS

RFP for the Illinois Housing Development Authority (IHDA) Illinois Building Blocks Pilot Program

Posted By Paul Xumsai on February 19, 2017 in Real Estate Associations

The Illinois Housing Development Authority (IHDA) Illinois Building Blocks Pilot Program aims to address the economic, public safety and quality of life issues caused by abandoned and foreclosed properties in the following six municipalities within south and west Cook County: Berwyn, Chicago Heights, Maywood, Park Forest, Riverdale and South Holland.

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Six years after crash, builders of new homes enjoy an upswing

Posted By Paul Xumsai on February 19, 2017 in Selling

After six long years, the home-building sector is back in business: sales of newly built residential homes are climbing strongly this year, according to a report by John Burns Real Estate Consulting.

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FHA Issues Modest Changes to Condo Rules

Posted By Paul Xumsai on February 19, 2017 in Mortgage & Re-financing

On Thursday, Sept. 13, 2012, the Federal Housing Administration (FHA) issued a mortgagee letter announcing modest improvements to the treatment of condos under the FHA program.

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U.S. Foreclosures Rise in August; Illinois Has Highest Rate

Posted By Chada Trithavornyuenyong on February 19, 2017 in Distress Properties

U.S. foreclosures rose in August, due in part to judicial foreclosure states working through their backlog of delinquencies and defaults, according to the latest RealtyTrac report.

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Illinois Association Advances Smart Growth Newsletter With Game Changer Grant

Posted By Chada Trithavornyuenyong on September 15, 2012 in Real Estate Associations

The Illinois Association of REALTORS® (IAR) is using its Game Changer Grant to help support a new bi-annual smart growth newsletter.

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Will the Presidential Election Affect Real Estate?

Posted By Chada Trithavornyuenyong on September 14, 2012 in Global Real Estate

The next president of the United States could have a big influence over the recovery taking shape in the real estate market, according to political pundits.

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Home Owner Insurance Deductibles on the Rise

Posted By Chada Trithavornyuenyong on September 13, 2012 in Insurance

Home owner deductibles have been rising the last few years, as home owners who may have once seen $250 to $500 a claim soar to $1,000 to $2,500 a claim in recent years.

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North Dakota Realtors Stands Up for Local Control in Property Tax Battle -- and Wins!

Posted By Chada Trithavornyuenyong on September 13, 2012 in Taxes

The 1,500-member North Dakota Association of REALTORS® (NDAR,) joined a coalition of more than 80 groups to oppose a measure that would have abolished the state’s century-old property tax.

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3 Top Home Buyer Deal Killers

Posted By Chada Trithavornyuenyong on September 13, 2012 in Buying

Recent surveys have shown that more Americans have a thirst for buying real estate, with home affordability at record highs and mortgage rates at record lows. In fact, real estate buyer agents report a 59 percent increase in buyer inquiries this year compared to last year, according to a recent survey conducted by the Real Estate Buyer's Agent Council.

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Top 10 Issues Affecting Real Estate

Posted By Chada Trithavornyuenyong on September 13, 2012 in Economy

As the condition of the global economy continues to cause uncertainty across all industries, The Counselors of Real Estate, an international professional association of top executives in real estate, asked its members to identify the top ten broad structural issues that will define the real estate industry over the next 10-30 years.

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