Press Releases
Gov. Blagojevich proclaims April as Fair Housing Month in Illinois
April 24, 2008 Posted by Illinois RealEstateRama
Blagojevich officials marked the 40th anniversary of federal Fair Housing Act and the one hundred-year anniversary of Springfield Race Riots of 1908 Deputy Governor Louanner Peters and Illinois Department of Human Rights present exhibit “Summer of Hate: A Modern Perspective of the Springfield Race Riot of 1908”
CHICAGO – Governor Rod R. Blagojevich proclaimed April as […]
Gov. Blagojevich Applauds Senate Committee Action on Landmark Homeowner Protection Legislation
April 23, 2008 Posted by Illinois RealEstateRama
New measure creates 60-day moratorium on foreclosure if families seek help
SPRINGFIELD – The Homeowner Protection Act, Senate Bill 1998, first announced by Governor Blagojevich last month and sponsored by Senator Jacqueline Collins (D-Chicago), cleared its first legislative obstacle earlier today when it was approved by the Senate Licensed Activities Committee.
Chicago Foreclosure Activity Up 8 Percent in February
April 7, 2008 Posted by Illinois RealEstateRama
Chicago Foreclosure Rate Second Highest Among Top 5 Metros
Illinois Foreclosure Activity Up 12 Percent
IRVINE, Calif. – March 28, 2008 — The eight-county Chicago metropolitan area reported 6,466 properties with foreclosure filings in February, an 8 percent increase from the previous month and a 20 percent increase from February 2007, according to the latest RealtyTrac U.S. […]
HUD Charges Chicago Landlord with Violating Fair Housing ACT
March 24, 2008 Posted by Illinois RealEstateRama
Landlords allegedly discriminated against families with childrenWASHINGTON – The U.S. Department of Housing and Urban Development announced today that it has charged Chicago landlords Martin and Mary Giarelli with housing discrimination for allegedly refusing to rent to families with children and making discriminatory statements. The Fair Housing Act prohibits housing discrimination based on a person’s […]
HUD Charges Chicago Landlord with Violating Fair Housing ACT
March 12, 2008 Posted by Illinois RealEstateRama
Owner’s online ad allegedly discriminated against men and families with children
WASHINGTON – The U.S. Department of Housing and Urban Development announced today that it has charged Cesar A. Lopez, a Chicago landlord with housing discrimination for posting an on-line ad that discriminates against men and families with children. The Fair Housing Act makes it unlawful […]
JACKSON AND DALEY STRESS FORECLOSURE PREVENTION IN CHICAGO
February 27, 2008 Posted by Illinois RealEstateRama
HUD Secretary and Mayor encourage at-risk homeowners to attend city’s “Borrower Outreach Day”
CHICAGO - Foreclosure does not have to be inevitable. That was the message from U.S. Housing and Urban Development Secretary Alphonso Jackson and Chicago Mayor Richard Daley today as they encouraged residents to attend a city-sponsored “Borrower Outreach Day.” Jackson and Daley visited […]
Gov. Blagojevich urges seniors and disabled persons to sign-up for Illinois Cares Rx and Circuit Breaker online now to avoid break in coverage
February 11, 2008 Posted by Illinois RealEstateRama
CHICAGO - Governor Rod R. Blagojevich today is urging older adults and people with disabilities to apply for Illinois Cares Rx and Circuit Breaker benefits over the Internet now to get their benefits faster and to avoid any possible break in coverage next year. The Governor is encouraging individuals to use the online application at […]
Credit Crunch Shifts Emphasis to Top-Notch Management Skills for Driving Commercial Property Values, Says IREM(R)
February 4, 2008 Posted by Illinois RealEstateRama
CHICAGO, Feb. 4 /PRNewswire-USNewswire/ — “As the sub-prime mortgage crisis depresses the commercial credit market, which until recently had fueled soaring real estate investment returns, emphasis now is shifting to improving operating results to drive property values,” said IREM(R) President Regina T. Mullins, CPM(R).
Hotel Indigo to Open Third Chicago-Area Property in Vernon Hills
January 31, 2008 Posted by Illinois RealEstateRama
High-Style and Affordable Luxury in Trendy Boutique Setting
VERNON HILLS, IL (Jan. 30, 2008) - Hotel Indigo is bringing its third property to the Chicago area. After a $4.5 million renovation and conversion from an AmeriSuites hotel, the Hotel Indigo Vernon Hills is scheduled to open in early spring.
Catylist and Corporate Connection Online Launch Commercial Real Estate Listing Service
January 17, 2008 Posted by Illinois RealEstateRama
Catylist Inc, a Chicago-based software company, and Corporate Connection Online Inc., a Chicago-based market research company, have partnered to create a new commercial real estate listing service.
Experian Helps Marketers More Quickly Tap Into New Movers
January 17, 2008 Posted by Illinois RealEstateRama
New mover addresses delivered more quickly with weekly file updates
SCHAUMBURG, Ill., Jan. 16 /PRNewswire/ — Almost 14 percent of the U.S. population moves annually, with movers listing lifestyle changes — including graduation, a new job or promotion, a larger home, the birth of a child, marriage, divorce or retirement — as their primary reason for […]
Turnaround Pros See Housing Crisis Lasting Through 2008
December 28, 2007 Posted by Illinois RealEstateRama
Homebuilding and Mortgage Lending Industries Likely To Face Most Trouble
CHICAGO, Dec. 28 /PRNewswire/ — Still unfurling, the housing crisis of 2007 is the source of the top three picks by turnaround professionals predicting the most distressed industries in 2008.
Bush/Paulson Plan is a Lump of Coal for Working Class Families
December 7, 2007 Posted by Illinois RealEstateRama
Chicago—The National Training and Information Center (NTIC) who released a study on Monday documenting new foreclosures in Chicago during the first half of 2007 says that the Bush Administration’s proposal does nothing to help families facing foreclosure right now.
Simple Living, Inc. Offers Luxury Lifestyle Moving Services for Chicagoans Moving Into a New Home
December 3, 2007 Posted by Illinois RealEstateRama
Full service, luxury lifestyle moving services comes to Chicago, complete with your own personal chef on move-in day. For those moving into a new home, Simple Living, Inc. Introduces Lifestyle Moving for an almost effortless move.
Illinois Median Sale Price Off 1.5 Percent at $195,000 in October Chicago Median Price Up 3.1 Percent from Last Year
November 28, 2007 Posted by Illinois RealEstateRama
SPRINGFIELD, Ill., Nov. 28 /PRNewswire-USNewswire/ — The median home sale prices rose or remained even in the majority of Illinois counties in October with the Chicago Primary Metropolitan Statistical Area (PMSA) median sale price up 3.1 percent compared to a year ago. According to the Illinois Association of REALTORS(R) latest report, the Chicago PMSA median […]