Blue Island Real Estate

Featured Article

• Top 7 Foreclosure Stories of Past Year

  Jun 19, 2008 | via Realty Trac 

  The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...

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  Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage

Local Headlines

• Chicago Home Sales Dip Sharply For June

  21 hrs ago | via NBC 5 

  The Illinois Association of Realtors is blaming low consumer confidence and a troubled economy for a nearly 28 percent decrease in home sales in the Chicago metropolitan area for June.

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  Related Topix: Housing, Chicago Metro, Real Estate, Cook County, IL

• Patience now a virtual must for home sellers

  Yesterday | via Chicago Sun-Times 

  When Mike and Robyn Hall put their Chicago four-bedroom, two-bath home on the market, they expected a quick sale.

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  Related Topix: Home, Mortgage, Matteson, IL, Cook County, IL, Home Listing, Chicago Metro, Chicago, IL

• Chicago-area home sales drop 28% in June

  Thursday | via Chicago Tribune 

  Sales and median prices for existing homes in Chicago and the state dropped in June as the real estate market remained strained by low consumer confidence and a troubled economy.

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  Related Topix: Cook County, IL, Chicago Metro, Chicago, IL, Housing, Real Estate, Illinois

• Home sales in Chicago area drop sharply

  Thursday | via Chicago Sun-Times 

  Home sales in the Chicago metropolitan area plummeted 27.9 percent in June from a year earlier, and prices dropped as well, the Illinois Association of Realtors said Thursday, blaming low consumer confidence ...

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  Related Topix: Cook County, IL, Housing, Chicago Metro, Real Estate

• Governor Blagojevich urges Congressional Delegation to support additional LIHEAP funding

  Thursday Jul 17 | via Illinois Government News Network 

  ' Governor Rod R. Blagojevich today sent a letter to members of Illinois' Congressional Delegation urging them to support legislation that would increase funding to the federal Low-Income Home Energy Assistance ... 1 comment

  Related Topix: Healthcare Law, Law, Home, Mortgage, Illinois, Illinois Government, Cook County, IL

Regional Headlines

• Obama to NYT: - A Week of Great Press' but - We Don't BUY Our Own Hype'

  29 min ago | via TheBlueSheet 

  In an interview with the New York Times' excellent Jeff Zeleny , Sen. Barack Obama, D-Ill., says he's not "measuring the drapes" for the Oval Office, and that "we don't buy our own hype." He discussed the risks ...

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  Related Topix: Publishing, New York Times, Illinois, Illinois Government, Foreclosures, US Politics, John McCain, US News, 2008 Presidential Election

• Blago Calls On Bush To Sign Housing Package

  2 hrs ago | via Cbs2chicago.com 

  Governor Rod R. Blagojevich today sent a letter to President Bush calling on him to quickly sign the Housing and Economic Stimulus Package which will provide more than $500 million in federal aid to support tax ...

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  Related Topix: George Bush, US News, Illinois, Illinois Government, Foreclosures, Home, Mortgage

• Collar counties' sales, median home prices up in June

  8 hrs ago | via Courier News 

  Home sales in the collar counties picked up in June from May sales figures, and the median sale prices edged up as well, according to the Illinois Association of Realtors' latest report.

  Comment?

  Related Topix: Housing, Illinois, Real Estate

• Nevada Leads Foreclosure Tally in 2Q

  20 hrs ago | via Realtor Magazine 

  One in every 171 households received a foreclosure notice during the second quarter, an increase of 121 percent compared with the same quarter in 2007, according to RealtyTrac, which monitors foreclosure ...

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  Related Topix: Foreclosures, Illinois

• Roskam votes against blank check for Bush Administration

  23 hrs ago | via Illinoisreview 

  Roskam broke ranks with the Bush Administration yesterday on the mortgage bill, citing lack of oversight and resulting increased federal spending as his main complaints.

  Comment?

  Related Topix: Home, Mortgage, US News, Illinois, Illinois Government

National Headlines

• U.S. Senate to Vote on Housing Bill

  18 min ago | via RedOrbit 

  The U.S. Senate, meeting in a rare weekend session, was poised Saturday to pass a landmark housing bill meant to ease the effects of mortgage crisis.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance

• U.s. Congress Passes...

  18 min ago | via 102.9 CKDS-FM 

  U.S. Congress passed a housing rescue bill Saturday aimed at sparing 400,000 struggling homeowners from foreclosure.

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  Related Topix: Foreclosures, George Bush, US Politics, US News, Home, Mortgage, Mortgage, Personal Finance

• Bill heads to Bush for signature

  18 min ago | via WLOS 

  The Senate has overwhelmingly approved a bill aimed at helping thousands of struggling homeowners fight off foreclosure.

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  Related Topix: Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Federal Regulators Close Two More Banks

  19 min ago | via Z 106.7 Jackson 

  Federal regulators have closed two banks in the West, saying they were undercapitalized due to the poor performance of home mortgage loans.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Reno Metro, Reno, NV

• Housing rescue bill heads to Bush for signature

  19 min ago | via Examiner.com 

  Jul 26, 2008 10:03 AM By JULIE HIRSCHFELD DAVIS, AP Newly built homes are offered for sale at the Brookville & Heirloom development by Lennar, in Valencia, Calif.

  Comment?

  Related Topix: George Bush, Foreclosures, US Politics, US News, 2008 Presidential Election, Home Listing, Home