Rolling Meadows Real Estate News
Real Estate news for Rolling Meadows, 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?
Tuesday Jul 28 | 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?
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?
Tuesday Aug 18 | 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?
Saturday Aug 8 | via WTAX-AM Springfield
The Belleville News Democrat reports the housing agency received $30 million from the federal government to help those wanting to buy homes in ten Illinois counties. The housing agency says those who qualify may receive $7,500 in down-payment assistance with an interest rate that could be as low as 4.1 percent for a 30-year, fixed-rate mortgage. Comment?
6 min ago | via Inman Real Estate News
Takeaways: Guaranteed Rate has averaged about 500 leads per day for its new Digital Mortgage product. The online mortgage loan application process can take a consumer from application to loan approval in about 20 minutes. Comment?
6 min ago | via Inman Real Estate News
Lately, I have lamented the fact that the real estate industry craves more leadership. Then, out of the blue, Trulia founder Pete Flint re-enters the real estate stratosphere, announcing on Facebook, "After thinking about homelessness for 10-plus years but not having the bandwidth to help, I'm delighted to join @NewStoryCharity as an adviser." Comment?
13 min ago | via Sunday Herald
Aldermore Group's profit has more than doubled in the first half of the year, beating expectations, as the challenger bank issued more mortgages and loans to small and medium-sized businesses. Aldermore, among a handful of London-listed banks set up to challenge the dominance of Britain's big five lenders, reported underlying pre-tax profit of A 44 million for the six months to the end of June. Comment?
17 min ago | via KIMA
Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by economic developments in China. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage fell to 3.84 percent from 3.93 percent a week earlier. Comment?
17 min ago | via Minnesota Lawyer
Just one year into her tenure at the head of the state's biggest public defender office, Moriarty has been named the winner of the 2015 Stephen B. Bright Award by Gideon's Promise, an Atlanta-based nonprofit that works to train public defenders. "Mary has been a core faculty member for Gideon's Promise since its inception," Jonathan Rapping, founder of Gideon's Promise, said in a statement. Comment?
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