Property, Rentals, Transactions

Property, Rentals, Transactions

State Regulators Announce Early Results from Sex Offender Match Program

CHICAGO, IL - January 27, 2010 - (RealEstateRama) -- The Illinois Department of Financial and Professional Regulation (IDFPR) today announced it had indefinitely suspended the licenses of Edward Kent, a Real Estate Broker and Associate Appraiser who had been convicted of a crime that caused his name to be placed in the Illinois Sex Offender Database. After receiving a complaint about Mr. Kent, the Department undertook to compare its more than one million licensees against that database.

State pays nearly $78,000 to Illinois homeowners hurt by American Escrow closure

CHICAGO, IL - November 18, 2009 - (RealEstateRama) -- Thirty-four Illinois homeowners were made whole this month when the Illinois Department of Financial and Professional Regulation (IDFPR) repaid all the money lost from their escrow funds earlier this year. The homeowners were in default for taxes and insurance coverage after Chicago-based American Escrow, LLC went out of business without making the obligatory property tax and insurance payments from their escrow accounts.

Davis Supports Extension of Unemployment Benefits, Home Buyer Credit and Small Business Net Operating...

November 6, 2009 - (RealEstateRama) -- Congressman Danny K. Davis (D-IL07) today spoke out for, and voted in favor of, extending Unemployment Benefits, the Home Buyer Credit and a Small Business Net Operating Loss Carryback. The vote today approved amendments added by the Senate to the legislation passed by the House of Representatives six weeks ago. The legislation is expected to be signed by President Obama tomorrow. The provisions of the bill include the following.

Governor Quinn Requests Federal Assistance for Several Southern llinois Counties Federal disaster declaration...

SPRINGFIELD, IL - June 3, 2009 - (RealEstateRama) — Governor Pat Quinn today requested federal assistance to help people, businesses, local governments and electrical cooperatives recover from a devastating storm that hit parts of southern Illinois on May 8. The storm uprooted thousands of trees, causing widespread power outages and blocking countless roads and highways. At least 260 homes in a five-county area were destroyed or suffered major damage, and storm-related costs to state and local governments and electrical cooperatives are expected to top $26 million

Illinois Home Sales Improve as First Quarter Closes Statewide First Quarter Median Price at...

SPRINGFIELD, IL - May 12, 2009 - (RealEstateRama) — March sales showed sizeable gains over February, yet tighter lending standards had a resounding effect on first quarter home sales, according to the Illinois Association of REALTORS® (IAR). Home sales (which include single-family homes and condominiums) totaled 16,748, down 23.5 percent from 21,902 home sales in the first quarter of 2008. The first quarter median home sale price was $146,000, down 21.1 percent from $185,000 a year earlier. The median is a typical market price where half the homes sold for more, half sold for less.

HUD awards $20 million to continue revitalization at Chicago’s Stateway Gardens public housing development

Funding to bring new rental and homeownership opportunities for former residents

Realtor Good Neighbor Awards Winners are Committed to Their Communities

CHICAGO, IL - October 23, 2008 - (RealEstateRama) — Realtors® feel strongly about giving back to their communities, volunteering countless hours to people and...

HUD awards $20 million to continue revitalization at Chicago’s Stateway Gardens public housing development

Funding to bring new rental and homeownership opportunities for former residents CHICAGO, IL - September 30, 2008 - (RealEstateRama) — U.S. Housing and Urban Development...

Governor Blagojevich Pleased that 14 Southern Illinois Counties Approved for Small Business Administration Loan...

Governor Blagojevich sought declaration so homeowners and businesses would be eligible for low interest loans SPRINGFIELD, IL - September 10, 2008 - (RealEstateRama) — Governor Rod...

Governor Blagojevich urges Congressional Delegation to support additional LIHEAP funding

Low-income families, seniors, people with disabilities apply for summer energy assistance in record numbers    CHICAGO, July 29, 2008 (RealEstateRama) – Governor Rod R. Blagojevich today sent...

Rebuilding Together and NARI Work Together to Assist Low-Income Homeowners

DES PLAINES, IL and WASHINGTON D.C. – June 12, 2008 – Rebuilding Together, the nation’s lead nonprofit working to preserve affordable homeownership, and the...

Survey Indicates Majority of Renters Do Not Carry Renters Insurance

CHICAGO, Oct. 31 /PRNewswire/ -- Car owners know that they must have insurance to drive and homeowners carry coverage to protect their possessions, however,...

Survey Indicates Renters are Passionate About Hobbies and Collecting

Apartments.com offers decorating tips for renters and their possessions CHICAGO , Sept. 28 /PRNewswire/ -- From dolls to coins and dancing to crafts, a recent...

Schillerstrom: Give home rule a chance…

While the DuPage County Board may have the authority to invoke home rule, it's uncertain if divided leaders will ever get to that point.Chairman...

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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.

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CHA Board approves loans for co-located housing and Chicago Public Library...

The Chicago Housing Authority Board of Commissioners on Tuesday approved loans for two developments that will expand affordable housing opportunities in North Side communities that include co-located Chicago Public Library (CPL) branches in Irving Park and West Ridge and investment in developments that will expand housing opportunities in neighborhoods across Chicago

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Quigley Fights to Expand Affordable Housing and Protect Vital Infrastructure Investments

Today, U.S. Representative Mike Quigley (IL-05) fought to expand federal housing assistance and protect funding and eligibility for vital infrastructure programs that improve the economy and support local communities, including projects in Chicago and Cook County. His efforts come as the House Appropriations Committee considers the FY15 Transportation, Housing and Urban Development (THUD) Appropriations bill Fisher Investments Jay Carlson