Markham Real Estate News
Real Estate news for Markham, 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 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?
Jul 19, 2015 | via Housing Wire
Monday Morning Cup of Coffee takes a look at news coming across HousingWire's weekend desk, with more coverage to come on bigger issues. Friday was a rousing day of legal victories for the nation's largest mortgage lender, Wells Fargo , with the bank securing dismissals against two of the nation's largest municipalities, both of which accused the bank of predatory lending. Comment?
17 hrs ago | 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?
Thursday Aug 20 | via Daily Herald
The strong summer housing market continued in July as home sales and median prices posted robust gains while the time it took to sell a home declined, according to the Illinois Association of Realtors. In the nine-county Chicago region, home sales, which include single-family homes and condominiums, totaled 12,384 in July, an increase of 9.6 percent from the 11,298 sales in the same month last year. Comment?
25 min ago | via AmericanBankingNews.com
According to Zacks, "Resource Capital Corp. is a specialty finance company that began operations in March and intends to qualify to be taxed as a real estate investment trust for federal income tax purposes. Comment?
25 min ago | via AmericanBankingNews.com
According to Zacks, "Bankrate Inc. is an aggregator of financial rate information. It offers rate data and financial content. Comment?
40 min ago | via Seeking Alpha
The last several years have been defined by historically low interest rates, and using a bond index fund to gain market exposure to the broad fixed-income market has become a more prevalent investor strategy. While rates have seen historic lows, they are expected to rise over time. Comment?
48 min ago | via The Globe and Mail
Cheap gasoline and low interest rates appear to have put consumers in a good mood despite the slowing economy. Canadians spent 0.6 per cent more on themselves in the second quarter. Comment?
50 min ago | via TheStreet.com
NEW YORK -- Fears of a Chinese economic slowdown are once again wreaking havoc on U.S. stocks, with the S&P 500 ETF Despite the concerns about a slowdown in China, investors shouldn't forget that the U.S. is doing really well, Stephanie Link, portfolio manager at TIAA-CREF, said on CNBC's "Fast Money Halftime" show. Second-quarter gross-domestic-product growth was revised to 3.7% -- a phenomenal result -- while auto and home sales also remain strong, she explained. Comment?
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