Yearly Archives: 2011

SPRINGFIELD, IL - February 10, 2011 - (RealEstateRama) -- The Chicagoland region ended 2010 nearly even with home sales in 2009 while statewide the Illinois housing market continued to ride out the turbulent economic times boosted by sales from the homebuyer tax credits. For the year, statewide total home sales (single family homes and condominiums) were down 3.8 percent in 2010 with 103,710 homes sold compared to 107,782 sales in 2009; in the nine-county Chicagoland PMSA, home sales reached 69,010, off just -0.5 percent from 69,367 home sales in 2009

Chicago, IL - February 8, 2011 - (RealEstateRama) -- The RE/MAX Northern Illinois real estate network once again led the seven-county metro Chicago real estate market in home sales during the year just ended. RE/MAX agents sold 12,678 listed residences, easily outdistancing any other brokerage organization. RE/MAX has held the number one position, based on listings sold in the metro Chicago real estate market, since area-wide data was first collected in 1994.

Chicago, IL - February 8, 2011 - (RealEstateRama) -- Mayor Richard M. Daley today joined Ald. Danny Solis (25th) and members of the Pilsen community to celebrate the grand opening of the Casa Maravilla affordable senior housing facility and satellite center located at 2021 S. Morgan St

EUGENE, OR - February 4, 2011 - (RealEstateRama) -- Midwest Real Estate Data (MRED) listings are now easier than ever to search for, thanks to the innovative IDX Broker software IDX, Inc. has incorporated onto the website of Constance Antoniou. As a Chicago, Illinois real estate broker, Antoniou has continuously made the right decisions for the growth of her business and the satisfaction of her clients, and her adoption of a customized IDX solution is no different. As an MRED affiliate, Antoniou has long had access to thousands of Chicago area properties, and with her addition of IDX Broker software to her website. the same convenience and accessibility that was once restricted to only agents and brokers is now readily available to all her clients. Finding a home in Illinois and Wisconsin has never been easier, with the IDX-enabled website of Antoniou.

SPRINGFIELD, IL - January 31, 2011 - (RealEstateRama) -- Lynn Madison of Lake Zurich was named the 2011 Illinois REALTOR® of the Year. Madison is a real estate broker and is owner of Lynn Madison Seminars, Inc. A REALTOR® of the Year banquet will be held honoring Madison on April 6th at the Hilton Hotel in Springfield.

WASHINGTON, D.C. - January 28, 2011 - (RealEstateRama) -- U.S. Senator Dick Durbin (D-IL) wrote to Illinois Governor Pat Quinn today, pledging to work together to protect Illinois servicemembers from excessive mortgage fees and foreclosure. Recent news reports have raised concerns that servicemembers are being overcharged for the mortgages and foreclosed upon in violation of their legal rights. Durbin asked Quinn to do all that he can to ensure servicemembers are aware of their rights and the resources available to them.

CHICAGO, IL - January 27, 2011 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) announced federal American Recovery and Reinvestment Act (ARRA) funds have enabled the start of construction and rehabilitation of nearly 5,500 affordable rental homes, creating an estimated 4,855 jobs statewide

Chicago, IL - January 27, 2011 - (RealEstateRama) -- RE/MAX Key, the Rockford-based real estate brokerage firm established early last year, announced another step in its continued growth by absorbing the agents and operations of The Way Unlimited, another Rockford real estate firm led by Wayne Ahrens. RE/MAX Key, which had five agents when it opened last year, now has 24 agents on staff, 16 in its Rockford office at 5411 E. State St., and eight in its Belvidere office, located at 5995 E. Chrysler Dr. Its management continues to have its eye on additional expansion in the near future, targeting markets both south and east of Rockford.

SPRINGFIELD, IL - January 20, 2011 - (RealEstateRama) -- Illinois winds down 2010 with a significant boost in December home sales compared to the prior two months while post-recession price and sales declines have moderated in Illinois yet remain constrained from tighter lending, slow economic recovery and distressed properties. According to the Illinois Association of REALTORS® latest report, statewide total home sales (single family and condominiums) in December totaled 7,682 sales, up 11.1 percent from 6,915 sales in the previous month of November; year-over-year sales were down 7.3 percent from 8,288 sales in December 2009.

SPRINGFIELD, IL - January 19, 2011 - (RealEstateRama) -- First-time buyers continued to be a driving force in the Illinois housing market as they took advantage of the first-time homebuyer tax credit and the most affordable housing market in years, according to the 2010 Profile of Illinois Home Buyers and Sellers. The survey results released by the Illinois Association of REALTORS® (IAR) found 53% of buyers were first-time buyers, compared to 50% nationwide (a figure which has averaged closer to 40% nationwide since 2001).

Chicago, IL - January 11, 2011 - (RealEstateRama) -- Legum and Norman (L&N), Mid-West, an Associa company, is pleased to announce the addition of Wolfram Towers to its client portfolio

SPRINGFIELD, IL - January 6, 2011 - (RealEstateRama) -- While it may be impossible to prevent natural hazards, such as floods, droughts and wind storms, there are actions communities and their citizens can take to reduce or eliminate loss of life and property. Throughout January, the Illinois Emergency Management Agency (IEMA) will focus on hazard mitigation as part of its 2011 Preparedness Campaign

Chicago, IL - January 6, 2011 - (RealEstateRama) -- Chicago Agent magazine released the highly anticipated fourth edition of Real Data, the premiere residential reference guide in the real estate industry.

ELGIN, IL - January 6, 2011 - (RealEstateRama) -- RE/MAX Villager in Glenview, Ill., has announced the arrival of seven agents formerly affiliated with RE/MAX North in Northbrook. The additional agents will strengthen the position of the Glenview office in the North Shore real estate market