Yearly Archives: 2011

CHICAGO, IL - April 27, 2011 - (RealEstateRama) -- The Illinois Department of Insurance is once again reminding homeowners and renters to prepare in advance for the possibility of floods by reviewing policy coverage and making informed decisions about whether flood insurance is needed. “This spring season has brought heavy rains and flooding, with more of both certain to come,” said Michael T. McRaith, Director of the Illinois Department of Insurance. “Flood insurance coverage is not included in standard homeowner or renter policies and do not take effect for 30 days, so our Department encourages consumers to determine the limits and benefits of an insurance policy well before damage may occur.”

CHICAGO, IL - April 26, 2011 - (RealEstateRama) -- Forty units of permanent supportive housing for formerly homeless young parents will be built in Chicago as a result of the financial investment of the Illinois Housing Development Authority (IHDA). IHDA Executive Director Mary R. Kenney today joined Mayor Richard M. Daley and other local officials to celebrate the groundbreaking of the Transformation Project apartments at 5353 W. Chicago Ave. in the Austin neighborhood.

SPRINGFIELD, IL - April 20, 2011 - (RealEstateRama) -- Home sales in Illinois rose for the second consecutive month in March showing some momentum heading into the spring market, while sales remain lower than last year’s heightened totals from the tax credit.

CHICAGO, IL - April 19, 2011 - (RealEstateRama) -- State officials marked National Fair Housing Month today by launching a week-long, free screening of American Casino, a film on the mortgage loan scheme that caused economic disaster for millions of Americans. Illinois Department of Human Rights (IDHR) Director Rocco Claps was joined by Illinois Attorney General Lisa Madigan and Illinois Department of Financial and Professional Regulation, Division of Banking Director Manuel Flores to discuss the state’s efforts to protect individuals from discrimination in housing, mortgage fraud and predatory lending practices. Governor Pat Quinn proclaimed April as Fair Housing Month in Illinois to create greater awareness of state laws that prohibit discrimination in housing.

CHICAGO, IL - April 15, 2011 - (RealEstateRama) -- Members of the Illinois Housing Development Authority (IHDA) Board today appointed Mary R. Kenney as executive director of the state’s housing finance agency. Kenney succeeds Gloria L. Materre, who last month became executive director of the Illinois Liquor Control Commission (ILCC).

Chicago, IL - April 15, 2011 - (RealEstateRama) -- The metropolitan Chicago real estate market saw more homes sold and at higher prices in March than in February of this year, according to an analysis by RE/MAX of sales data compiled by Midwest Real Estate Date, LLC. Overall, however, the 2011 housing market still lags behind the brisk pace set during the first six months of 2010 when a federal tax credit helped stimulate sales

SPRINGFIELD, IL - April 13, 2011 - (RealEstateRama) -- An earthquake can’t be prevented, but the damage it could cause to homes and buildings can be minimized. As part of the state’s observance of Earthquake Preparedness Month, the Illinois Emergency Management Agency (IEMA) today offered several tips for making structures more earthquake resistant.

EUGENE, OR - April 13, 2011 - (RealEstateRama) -- IDX, Inc. and Joydine Keller have teamed up to create a thorough and comprehensive online property search page for Chicago, Illinois home seekers to explore. Midwest Real Estate Data (MRED) listings are synced to the website of Keller with the dynamic IDX Broker software, integrating thousands of area property listings directly on the page of Keller. Home seekers can experience an online property search comparable to none without ever leaving the comfort of their home or the convenience of the IDX enabled website Keller supports

EUGENE, OR - April 11, 2011 - (RealEstateRama) -- Midwest Real Estate Data (MRED) listings are now more accessible than ever before, thanks to IDX, Inc. and Kevin Conners. The dynamic duo of real estate, has supplied Chicago, Illinois home seekers with the IDX enabled website of Conners. MRED listing data is extracted via IDX Broker software and seamlessly displayed on the search page Conners represents. Never again will potential buyers experience a fruitless or complicated online property search, thanks to the ease and efficiency Conners provides with his IDX solution. His custom real estate search page with IDX Broker has forever changed the way Chicago buyers search for homes online.

URBANA, IL - April 8, 2011 - (RealEstateRama) -- A Chicago-area man, Salvatore DiBenedetto, 52, of Downers Grove, appeared in federal court in Urbana today after his arrest on a 16-count indictment charging him with defrauding an Arcola, Illinois bank of approximately $2.5 million from April 2008 to February 2010. The indictment had remained sealed pending DiBenedetto’s arrest and court appearance. DiBenedetto was ordered detained in the custody of the U.S. Marshals Service pending a hearing scheduled on Apr. 12.

EUGENE, OR - April 7, 2011 - (RealEstateRama) -- Chicago, Illinois area properties are now conveniently displayed on one easy-to-use website, thanks to the partnership between IDX, Inc. and Aaron Nemirow of The Nemirow Group. Midwest Real Estate Data (MRED) listings are synced seamlessly to the search page enabled by IDX, creating a comprehensive online database of properties for Nemirow's clients to search. The IDX solution customized to fit the functionality his website has allowed Nemirow to provide his clients and other potential Chicago buyers with unprecedented access to MRED listings, search tools and other IDX-hosted features.

MISSION VIEJO, CA - April 4, 2011 - (RealEstateRama) -- Hammerhouse LLC, an expanding national recruiting and strategic growth firm for the financial service industry with mortgage sales and leadership placement at its core, announced today it has expanded its national footprint by opening a new regional office in Chicago, IL. This new office, the company’s third in the U.S., will be managed by John Van Tassel, Vice President Strategic Growth and will work with both national and regional clients to help grow their sales leadership, production teams and branch networks.

Springfield, IL - April 1, 2011 - (RealEstateRama) -- April marks the 43rd anniversary of the U.S. Fair Housing Act, landmark legislation prohibiting discrimination when it comes to housing. As one of the leading advocates for fair housing in the state, the Illinois Association of REALTORS® devotes the month of April to highlighting fair housing laws.“People have the right to live wherever they can afford to live and their access to a home shouldn’t be denied or restricted because of discrimination.

CHICAGO, IL - March 28, 2011 - (RealEstateRama) -- The Illinois Department of Insurance is reminding homeowners and renters to prepare in advance for the possibility of floods by reviewing policy coverage and determining whether flood insurance is needed.

WASHINGTON, DC - March 28, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to Mercy Hospital and Medical Center in Chicago, Illinois. The $66 million loan is made possible through the Federal Housing Administration's (FHA) Section 242 Hospital Mortgage Insurance Program.