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

EUGENE, OR - December 23, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce Ro Malik is the latest real estate professional to adopt IDX Broker software for his website. Now more than ever before, Chicago, Illinois home seekers can experience a thorough and comprehensive online property search right on the IDX enabled website Malik supports. The convenient search capabilities are backed by the Midwest Real Estate Data (MRED) listings, which display thousands of detailed property listings instantly on the website Malik has synced with an IDX solution. He can now give his clients the most innovative property search experience available to potential buyers searching for homes online.

SPRINGFIELD, IL - December 22, 2010 - (RealEstateRama) -- Economic and seasonal factors and a residual tax credit effect impacted home sales in November while prices held steady for three consecutive months with half of Illinois counties reporting posting a median price increase or no change from a year ago. According to the Illinois Association of REALTORS® latest report, statewide total home sales (single family and condominiums) were down 3.5 percent year-to-date January through November 2010 with 95,973 home sales posted compared to 99,494 home sales for the same period in 2009. For the month of November home sales totaled 6,884, down 34.5 percent from 10,505 home sales in November 2009

Chicago, IL - December 22, 2010 - (RealEstateRama) -- This wasn’t an easy year to be a real estate agent, even if 2010 turned out to be a better year than 2009. However, according to a new survey by Chicago Agent magazine, things might be looking up for 2011. In the magazine’s most recent issue, readers responded positively to a survey designed to gauge industry predications for 2011

December 20, 2010 - (RealEstateRama) -- Mayor Richard M. Daley today officially opened the new Branch of Hope Apartments, which will provide 100 units of affordable, supportive housing in the City’s Englewood community. “Branch of Hope is another new development that demonstrates the city’s strong commitment to providing affordable and supportive housing for our residents who need it,” Daley said in a ceremony at the apartments, 5628-30 S. Halsted St.

CHICAGO, IL - December 15, 2010 - (RealEstateRama) -- In an effort to clean up the foreclosure process in Illinois, Brent E. Adams, Secretary of the Illinois Department of Financial and Professional Regulation (IDFPR), today released a 9-point “affidavit preparation expectations” plan

ZION, IL - December 9, 2010 - (RealEstateRama) -- Twenty units of permanent supportive housing in Lake County for victims of domestic abuse will be built as a result of the financial investment of the Illinois Housing Development Authority (IHDA). An estimated 82 jobs will be created with the construction of the new A Safe Place development