SPRINGFIELD, IL - July 12, 2011 - (RealEstateRama) -- SPRINGFIELD, Ill.—The Illinois Association of REALTORS® (IAR) is investigating a technical error related to inconsistent data reporting affecting sales volume and media price reports for the city of Chicago. This error has resulted in inaccurate median price and sales volume reports for single-family homes and condominiums, in the city, possibly dating back to 2008 when IAR first began reporting city data at the request of the Chicago Association of REALTORS®.

Washington, DC - July 7, 2011 - (RealEstateRama) -- Congressman Don Manzullo (R-Egan) introduced legislation today to require Fannie Mae and Freddie Mac to continue paying annual dividends back to the US Treasury to ensure the “ringleaders” of the housing crisis keep paying off their debt to American taxpayers.

Northbrook, IL - July 1, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased ConocoPhillips property located at 10 S. Randall Road in Algonquin, IL for $5,176,000.

MONMOUTH, IL - June 29, 2011 - (RealEstateRama) -- A retiree raising her disabled grandson, Janice Painter has found something she never thought possible: a new two-bedroom rental home she can afford on her limited income.

Northbrook, IL - June 24, 2011 - (RealEstateRama) -- June 24, 2011)- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3220 W. 111th Street in Chicago, IL for $7,030,000.

SPRINGFIELD, IL - June 21, 2011 - (RealEstateRama) -- Illinois home sales have been trending positive month-to-month since February 2011 and median home prices have moved up for the last three consecutive months, all good signs for a market working to recover amid lackluster job creation and a restrictive lending environment. According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in May 2011 totaled 9,736 homes sold, up 13.9 percent from 8,546 sales in April 2011; sales were down 16.8 percent from 11,705 homes sold in May 2010.

CHICAGO, IL - June 20, 2011 - (RealEstateRama) -- As record floods and other natural disasters strike communities across the country, the Illinois Department of Insurance is reminding Illinois homeowners and renters to review insurance coverage to determine if flood insurance is required.

CHICAGO, IL - June 20, 2011 - (RealEstateRama) -- Governor Pat Quinn has proclaimed June as Homeownership Month in Illinois. Quinn issued the proclamation to raise awareness about state-sponsored affordable homeownership programs and foreclosure prevention assistance available across Illinois to meet the needs of residents in this economy

OSWEGO, IL - June 17, 2011 - (RealEstateRama) -- Dozens of Kendall County seniors living on a limited budget will have new affordable housing opportunities in spring 2012. Construction is set to start on the 60-unit Diamond Senior Apartments of Oswego as a result of the investment of the Illinois Housing Development Authority (IHDA), the state’s housing finance agency. IHDA financed $1.6 million in federal housing tax credits on behalf of the administration of Governor Pat Quinn to build the apartments. The development also will provide a boost to the local economy by creating an estimated 114 quality jobs, including construction jobs

Chicago, IL - June 15, 2011 - (RealEstateRama) -- The Counselors of Real Estate® (CRE®) Consulting Corps team traveled to New Orleans the week of May 23 at the invitation of the Orleans Levee District Non Flood Protection Asset Management Authority to create a Strategic Plan of Action for re-vitalizing and optimizing the South Shore Harbor Marina. The 450-slip Marina property, which includes two terminal/service buildings, has not been fully restored following damages caused by Hurricane Katrina.

SHOREWOOD, IL - June 13, 2011 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today celebrated the opening of apartments that will help dozens of seniors live affordably in the Will County community. The 51 new apartments of Shorewood Horizon Senior Living Community will ensure seniors in the Village of Shorewood have access to safe, decent and affordable housing. Construction created an estimated 42 quality jobs.

WASHINGTON, DC - June 9, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Illinois and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding during the month of April.

SPRINGFIELD, IL - June 2, 2011 - (RealEstateRama) -- Look for the bright blue balloons and open house signs dotting local neighborhoods this weekend as REALTORS® in Illinois and around the country host the nation’s largest open house event, June 4 and 5.

Northbrook, IL - May 31, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Save-A-Lot property located at 63rd and South Calumet Avenue in Chicago for $2,290,000. The 16,290 square foot building is fully leased to Save-A-Lot on a long term basis.

SPRINGFIELD, IL - May 19, 2011 - (RealEstateRama) -- April marks the third consecutive month of home sales gains in Illinois as low mortgage interest rates and lower-priced inventories add up to affordability conditions not seen in decades. According to the Illinois Association of REALTORS® latest report, statewide home sales (including single family and condominiums) in April 2011 totaled 8,526 homes sold, up 8.5 percent from 7,856 sales in March 2011; sales were down 21.8 percent from the tax credit-bolstered sales gains of 10,897 homes sold in April 2010