Barrington Real Estate News
Real Estate news for Barrington, IL continually updated from thousands of sources.
Thursday Aug 20 | via JD Supra
Earlier this month, in a case of first impression, the Circuit Court of Cook County, Illinois in the consolidated cases of City of Chicago v. KTCP 225, LLC , Case No. Comment?
Monday Aug 10 | via Republican Journal
At a time when for-sale inventories remain constrained, a growing number of vacant homes are being held off the market nationwide. The bulk of these 3.8 million vacant homes are bank-owned properties or homes that are in badly need of repair. Comment?
Jul 28, 2015 | via Patch.com
According to a recent report by Jones Lang LaSalle , the O'Hare real estate market - which includes Elk Grove Village - tops the Port, Airport, & Global Infrastructure ranking report. The PAGI report was created to grade airports from the vantage point of the real estate stakeholder - "those who invest in, develop, or occupy industrial properties in airport-centric locations." Comment?
Jul 21, 2015 | via Chicago Tribune
Taylor Morrison, an Arizona-based homebuilder in an expansion mode, has acquired the assets of Orleans Homebuilders in Chicago and two other markets for $166 million. The deal, announced Tuesday, injects another out-of-town builder's name into the Chicago area's new-home market, a market whose recovery has lagged behind most others but is generally viewed as ripe for growth. Comment?
Jul 20, 2015 | via Business Journal
Two separate lawsuits accusing Wells Fargo & Co. of violating the federal Fair Housing Act have been dismissed, Reuters reports. Comment?
Wednesday | via Connecticut Post
Building and Land Technology completed the sale of more than 4,200 rental homes in Florida, Illinois, Indiana, Missouri and Tennessee to Cerberus Capital Management, exiting the single-family rental market after acquiring the portfolio starting in 2012. BLT created the Harbor Point neighborhood in Stamford where it has its main office, featuring a mix of new residential high rises, office buildings and retail space. Comment?
Tuesday | via American Reporter
Developments in the United Kingdom and Italy may ease some bon and stock market pressures, but on the eve of an emergency G-7 Finance Ministers' meeting Friday, I will provide them with a list from my money prescription pad, which, like my kids, they will likely ignore. First, how we got here, or rather the last few days of how we got here. Comment?
Friday Aug 28 | via The Capitol Fax Blog
A top aide to the Illinois treasurer said Thursday it was "unlikely" that the state's cash balance was so low last week that the comptroller couldn't follow a federal judge's order to pay for services for the developmentally disabled. The treasurer's office pointed to daily balance sheets showing the state began the day on Friday with more than $217 million and ended it with more than $57 million on hand. Comment?
Sunday Aug 23 | via Northwest Herald
CRYSTAL LAKE – The Heartland Realtor Organization in Crystal Lake recently raised $1,500 for the Illinois Fire Safety Alliance during its annual volleyball tournament. The statewide alliance tries to raise public awareness about fire safety and provides educational programs for fire departments, hospitals, nursing homes, schools, child development centers and assisted living facilities. Comment?
Saturday Aug 22 | via Illinoisreview
Illinois property taxes are now so high that they are equivalent to a second mortgage, according to a new study from the nonpartisan Tax Foundation , a Washington-based tax-research and -education center. The report, which shows the effective property-tax rates in each state, ranks Illinois as the second-highest property-tax state in the U.S. The top spot goes to New Jersey, where the effective property-tax rate is 2.38 percent, barely higher than Illinois' 2.32 percent. Comment?
7 min ago | via Bury Times
Younger home buyers and people taking their first step on the housing ladder spend less than an hour on average viewing a property before snapping it up, a survey has found. One in 20 people surveyed had not viewed their property at all before buying it, according to the findings from Which? Mortgage Advisers. Comment?
14 min ago | via AmericanBankingNews.com
According to Zacks, "Fortescue Metals Group Ltd is engaged in the exploration and mining of iron ore properties. Its properties primarily include the Cloudbreak and Christmas Creek mine sites and the Solomon project located in Pilbara, Western Australia. Comment?
23 min ago | via AmericanBankingNews.com
According to Zacks, "Citizens Financial Group, Inc. is a retail bank holding company. It offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Comment?
28 min ago | via SNL Financial
Trulia acquired Market Leader, a provider of a customer relationship management system for the real estate industry, in August 2013, paying roughly $170.5 million in cash and issuing 5,340,365 shares of common stock in connection with the acquisition. Zillow Group's sale of Market Leader is expected to close early in the fourth quarter. Comment?
37 min ago | via Stuff.co.nz
Some pundits are speculating short term mortgage rates could drop below 4 per cent after Bank of New Zealand put the cat among the pigeons with a rate cut. BNZ believed it had got a jump on its rivals by dropping the interest rate on its "one-year classic home loan" to a record-low advertised rate of 4.35pc, down from 4.59 per cent. Comment?
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