Monthly Archives: August 2013
Standard & Poor’s Upgrade Demonstrates Strength of Quinn Administration’s Housing Initiatives
CHICAGO - August 29, 2013 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA), the state’s housing finance agency, today announced Standard & Poor’s Ratings Services has upgraded its credit rating. S&P cited IHDA’s financial strength and strong management practices in raising the credit rating to AA- from A+.
Governor Quinn Signs Law to Strengthen Protections for Illinois Renters
CHICAGO - August 22, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed a new law protecting Illinois renters in foreclosed multifamily properties. The new law requires those acquiring foreclosed residential property to honor existing leases or give tenants adequate time to make a safe move. This legislation is part of Governor Quinn’s commitment to protecting Illinois families and helping them fight foreclosure
Illinois home sales and prices see double-digit gains in July; Statewide sales up 28.5...
SPRINGFIELD, IL - August 21, 2013 - (RealEstateRama) -- Illinois home sales surged 28.5 percent over previous-year levels in July and median prices increased 14.2 percent, according to the Illinois Association of REALTORS®, providing evidence of a strong summer housing market.
