Yearly Archives: 2012

Westmont, IL - February 28, 2012 - (RealEstateRama) -- Realty Executive Great Lakes Region hosted their annual Appreciation & Awards Event. This year the event was held at the Katherine Legge Memorial Lodge on February 9, 2012. The Lodge is centrally located in Hinsdale, IL for all regional Executives from Illinois, Indiana and Michigan to attend. The evening started with networking and regional sponsors helped welcome all the nights’ award winners. On hand that evening was HWA (Home Warranty of America), Illinois Association of REALTORS®, Realty Executives Property Management Advantage, Law Offices of David Schopp and The Listing Widget. Everyone enjoyed some delicious hors d’oeuvres and cocktails from La Belle Gourmet Catering.

SPRINGFIELD, IL - February 22, 2012 - (RealEstateRama) -- Illinois Home sales in January were the strongest for the month since 2007, according to data released today by the Illinois Association of REALTORS

CHICAGO, IL - February 14, 2012 - (RealEstateRama) -- Home sales in the seven-county metropolitan Chicago real estate market continued their upward momentum in January, led by strong sales gains in five of the collar counties, according to an analysis by RE/MAX. Home sales for the month totaled 4,433 and were 14 percent higher than in January 2011. It was the largest January sales total since 2007 when 5,980 homes changed hands.

Chicago, IL - February 14, 2012 - (RealEstateRama) -- Agents affiliated with RE/MAX offices in the northern Illinois real estate network donated more than $100,000 to Children’s Memorial Hospital of Chicago in 2011.

Chicago, IL - February 14, 2012 - (RealEstateRama) -- RE/MAX Northern Illinois agents sold the second largest number of residential real estate listing units in the City of Chicago during 2011. Due to their efforts, RE/MAX held on to its runner-up position to the market leader, with an 8.3 percent share of listings sold in the Chicago real estatemarket.

CHICAGO, IL - February 13, 2012 - (RealEstateRama) -- RE/MAX 1st Class in Skokie, Ill., now has a new home. The brokerage, established in 2004, recently moved to a new office at 4023 Church St. from its long-time location at 3947 Dempster St.

SPRINGFIELD, IL - February 13, 2012 - (RealEstateRama) -- According to the Illinois Association of REALTORS® fourth quarter 2011 report, Illinois home sales (single family and condominiums) totaled 25,394, up 14.8 percent from 22,114 home sales in the fourth quarter of 2010. The 4Q11 statewide median home sales price was $128,000, down 10.8 percent from $143,500 in 4Q10. The median is a typical market price where half the homes sold for more, half sold for less.

CHICAGO, IL - February 13, 2012 - (RealEstateRama) -- Governor Pat Quinn today announced that Illinois mortgage regulators have joined with their counterparts across the country to accept the terms of a national settlement with five of the nation’s largest banks. Under the settlement, more than $1 billion will go to help struggling Illinois homeowners and those affected by improper foreclosures.

BERWYN, IL - February 8, 2012 - (RealEstateRama) -- Governor Pat Quinn was joined today by Cook County Board President Toni Preckwinkle and six Cook County mayors to announce a new initiative to return vacant, foreclosed properties to productive use. An initiative laid out in the Governor’s State of the State address earlier this week, the Illinois Building Blocks Pilot Program will rehabilitate vacant properties and increase affordable housing in the communities of Berwyn, Chicago Heights, Maywood, Park Forest, Riverdale and South Holland.

CHICAGO, IL - February 8, 2012 - (RealEstateRama) -- The metropolitan Chicago real estate market enjoyed a solid six months of home sales activity during the last half of 2011, recovering from a lackluster performance during the January-June period to achieve a small increase in transactions for the year, according to an analysis of home-sales data by RE/MAX. A total of 70,137 detached and attached homes changed hands in the seven-county metro area last year, 1.2 percent more than in 2010.

CHICAGO, IL - February 2, 2012 - (RealEstateRama) -- As part of his commitment to affordable housing and foreclosure prevention, Governor Pat Quinn today announced the launch of the statewide Illinois Foreclosure Prevention Network (IFPN) in his State of the State address. A multi-agency effort coordinated by the Illinois Housing Development Authority (IHDA), the IFPN connects struggling homeowners with all available assistance, resources and knowledge to help them keep their homes.

CHICAGO, IL - January 31, 2012 - (RealEstateRama) -- RE/MAX Countryside at 1634 W. Algonquin Road, Hoffman Estates, Ill., is now under new ownership. Enrique Aguilar and Sergio Cardoso, who have been affiliated with the office as agents, purchased the successful RE/MAX franchise in December from former owners, Pete Simatos, Anton Simatos and David and Karen Hudachko.

EUGENE, OR - January 26, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce Chicago, Illinois real estate broker Tim Brent as the latest realty professional to adopt a customizable IDX solution. His website now hosts a dynamic search page that seamlessly integrates thousands of Midwest Real Estate Data MLS (MRED) listings to his Chicago Apartments and Condos website. Potential buyers throughout the Chicago region can experience an online property search comparable to none, on the IDX-enabled website Brent now supports.

January 25, 2012 - (RealEstateRama) -- The RE/MAX Plaza brokerage chain recently grew to three offices after its broker/owner, Rob Schaid, purchased the existing RE/MAX office in the Lake County community of Wauconda, Ill. RE/MAX Plaza now operates offices in McHenry and Richmond, Ill., both in McHenry County, as well as the Wauconda location.

Chicago, IL - January 23, 2012 - (RealEstateRama) -- The end of 2011 brought good news on the nation's economic front, with unemployment in December falling to its lowest level in three years and the economy adding 200,000 jobs during the same month.