Authors Posts by RealEstateRama

Illinois RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Illinois Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of Illinois.

Contact:

Customary & Reasonable Fee Survey for Real Estate Appraisers Underway

Illinois licensed real estate appraisers are encouraged to complete the Customary and Reasonable Fee Survey. The voluntary survey is being conducted by the University of Illinois at Urbana - Champaign on behalf of the Division of Real Estate (the “DRE“) at the Illinois Department of Financial and Professional Regulation ("IDFPR").

Illinois home prices increase in November; Sales hold steady

Illinois home sales remained largely flat while the statewide median price shifted slightly higher in November as the market moved into the traditionally slower holiday season, according to Illinois REALTORS®

QUIGLEY LEADS PRESS CONFERENCE WITH ILLINOIS ELECTION OFFICIALS ON REMAINING HACKING THREATS & WAYS...

U.S. Representative Mike Quigley (IL-05), who serves as a Member on the House Intelligence Committee, led a press conference with Illinois election officials on the need to harden our defenses against election hacking. Rep. Quigley was joined by the Illinois State Board of Elections, Cook County Clerk’s Office, the DuPage County Election Commission, and the Chicago Board of Election Commissioners. Click here to watch the press conference in its entirety.

U.S. Attorney’s Office Charges Suburban Mortgage Brokers with Fraud for Allegedly Controlling Property Appraisals...

The U.S. Attorney’s Office in Chicago has charged two suburban mortgage brokers with fraudulently operating a purportedly independent appraisal management company to control property valuations, and brokering fraudulent loans to finance real estate transactions between themselves and nominees.

Lipinski Celebrates Completion of McCook Reservoir Project That Will Reduce Local Flooding and Help...

Congressman Dan Lipinski (IL-3) joined with Senator Dick Durbin, Congressman Mike Quigley (IL-5), officials from the Metropolitan Water Reclamation District (MWRD) of Greater Chicago, the U.S. Army Corps of Engineers, and other area organizations today to officially announce the completion of McCook Reservoir Stage 1, a 3.5 billion gallon section of the McCook Reservoir, part of the MWRD’s Tunnel and Reservoir Plan (TARP).

Illinois home sales inched slightly higher in October

Statewide home sales shifted back into positive territory in October following several months of declines and median prices continued to make year-over-year gains, according to Illinois REALTORS®.

Bicentennial contest celebrates Illinois, provides scholarship opportunities for students

Twenty-three Illinois high school students will have the chance to win a total of $12,000 in scholarship money in an essay contest celebrating Illinois' 200th birthday in 2018. Illinois REALTORS® is sponsoring the contest which seeks essays written on a theme of "Home Is Where the Heart Is."

Foster Hosts Interfaith Community Forum in Naperville

Last night, Congressman Bill Foster (D-IL) hosted an interfaith panel discussion on how our communities can effectively oppose hatred, prejudice, and bigotry. More than 200 people were on hand to hear from a panel of local religious leaders and members of the Naperville community.

Strong buyer demand, lower inventory push Illinois home prices higher in September

Homes sold quickly and at higher median prices in September, even as statewide home sales dipped slightly amid lower than normal housing inventory levels, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in September 2017 totaled 13,657 homes sold, down 4.0 percent from 14,223 in September 2016

Durbin, Scott, Menendez, Young, Donnelly, Duckworth Introduce Bipartisan Legislation To Protect Children In Federally-Assisted...

U.S. Senators Dick Durbin (D-IL), Tim Scott (R-SC), Bob Menendez (D-NJ) Todd Young (R-IN), Joe Donnelly (D-IN) and Tammy Duckworth (D-IL) today introduced the Lead-Safe Housing for Kids Act of 2017, which would require the Department of Housing and Urban Development (HUD) to adopt prevention measures and update its lead regulations to protect children from the risk of lead exposure.

Davis Announces Litchfield Awarded EDA Grant

U.S. Rep. Rodney Davis (R-Ill.) today announced that the City of Litchfield has been awarded a $2.1 million infrastructure investment grant from the U.S. Economic Development Administration (EDA).

Lipinski Announces $2.25 Million Federal Grant for Midway Airport

Congressman Dan Lipinski (IL-3) has announced that the U.S. Department of Transportation’s Federal Aviation Administration (FAA) has awarded Midway Airport a $2.25 million grant to extend a taxiway.

Kinzinger Statement on Great Lakes Basin Rail Proposal

Congressman Adam Kinzinger (IL-16) responded to the announcement that the Surface Transportation Board (STB) had rejected the Great Lakes Basin Transportation (GLBT) rail line proposal. The rail line would have run through parts of Illinois, Wisconsin, and Indiana. Applauding this decision, Congressman Kinzinger released the following statement:

BOST ANNOUNCES GRANT AWARD FOR INDUSTRIAL EXPANSION IN JEFFERSON COUNTY

U.S. Representative Mike Bost today announced a grant award to fund the construction of roadway improvements for industrial expansion in Mount Vernon. The project will improve access to allow current industries to ship and receive goods more efficiently, along with improving water service for the area, which will result in new higher paying jobs and additional employment throughout the region.

North Shore And Barrington Area Housing Market Sales Up

Sales across the United States are pointing to a national trend in real estate: a shift to a predominantly seller’s market.  Nearly two years into a market where the number of houses for sale has steadily dropped and the median sales price has increased, shortages in new construction continue.

Popular

Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

Recent

New law cuts red tape for real estate professionals, businesses; ...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.