Chicago Real Estate News
Real Estate news for Chicago, IL continually updated from thousands of sources.
Thursday Oct 8 | via Sys-Con Media
Dream Town Realty, a Chicago-based real estate brokerage with five offices ranging from the West Loop to the North Shore, announces the launch of Dream Town Real Estate Academy. The Academy is a new, comprehensive education program designed to prepare prospective brokers for both the Illinois licensing exam and their start in the real estate industry, with instruction by industry experts. Comment?
Wednesday Oct 7 | via Business Wire
The certificates represent the beneficial ownership interest in the trust, primary assets of which are 89 loans secured by 273 commercial properties having an aggregate principal balance of approximately $1.15 billion as of the cutoff date. The loans were contributed to the trust by JPMorgan Chase Bank, N.A., Barclays Bank plc, Starwood Mortgage Funding II, LLC, MC-Five Mile Commercial Mortgage Finance LLC, Redwood Commercial Mortgage Corporation, and RAIT Funding, LLC. Fitch reviewed a comprehensive sample of the transaction's collateral, including site inspections on 70.5% of the properties by balance, cash flow analysis of 77.7%, and asset summary reviews on 88.9% of the pool. Comment?
Tuesday Sep 29 | via Chicago Metro Real Estate
The Chicago Case-Shiller Condominium Index for July is 136.9, up 4.6% from July 2014. It's back to its October 2003 level after falling to the July 1999 level in July 2012. Comment?
Thursday Sep 24 | via City of Chicago
A financial measure approved today by City Council will authorize $75 million in new financing incentives to help approximately 240 Chicago residents buy or improve their homes over the next three years. The incentives will be made available through the Department of Planning and Development's TaxSmart Mortgage Credit Certificate Program, which works with local lenders to provide an income tax credit for a portion of the interest on a borrower's mortgage or home improvement loan. Comment?
Tuesday Sep 22 | via GlobeSt.com
Book your reservations and head to Atlanta for RealShare INDUSTRIAL ! Join peers from across the country for networking at the College Football Hall of Fame and get the latest market intelligence. Nov 3-4. Comment?
Thursday Oct 8 | via MSNBC
They were one of the worst blights of the housing crisis: zombie foreclosures - abandoned homes in some state of foreclosure but not yet repossessed by banks and put up for sale. In some neighborhoods there were so many, they took up half a block. Comment?
Wednesday Oct 7 | 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?
Wednesday Sep 30 | via Pike Press
Whitetail Properties Land Specialist Aaron Milliken has been a top authority on western Illinois hunting and farm land for years. As a realtor, his focus is solely on rural real estate and it's helped area landowners capitalize on land sales in a big way. Comment?
Tuesday Sep 29 | via Patch.com
Getting all parents, teachers, and students to feel like they "own" their schools could be the key to making public education better. In one of the most insightful articles about school reform I've read in a long time, Leon Galis shares his confusion about those who are pro-voucher as well as those who are opposed to people being able to select charters over traditional public schools. Comment?
Tuesday Sep 15 | via Daily Herald
In others, foreclosures are necessary because of the homeowner's inability to repay the debt. The program started in December 2013. Comment?
9 min ago | via The Globe and Mail
In case you missed it, Stephen Poloz says it's not his job to stop people from making dumb choices. At the end of the day, the Bank of Canada governor said on the weekend, borrowers and bankers "bear the ultimate responsibility for their own decisions." Comment?
33 min ago | via National Public Radio
48 min ago | via Inman Real Estate News
Through August, sales of single-family homes and condos were at an eight-year high nationwide with a growing share of buyers using FHA loans to purchase. We also looked at the markets with the biggest decrease in home sales from a year ago, and not too surprisingly, these are all in the Rust Belt, which continues to experience a population drain. Comment?
59 min ago | via Globe and Mail
Some enterprising young adult might start asking why governments feel the need to make Canada so expensive for housing, much to the disadvantage and discontent of millennials. Some enterprising young adult might start asking why governments feel the need to make Canada so expensive for housing, much to the disadvantage and discontent of millennials. Comment?
1 hr ago | via Inman
Have suggestions for products that you'd like to see reviewed by our real estate technology expert? Email Craig Rowe. Property Carnivore is a social media prospecting "game" for real estate agents. Comment?
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