CHICAGO, IL - November 29, 2010 - (RealEstateRama) -- Governor Pat Quinn today joined local schoolchildren to light the state of Illinois’ annual holiday tree and launch the Illinois Heroes holiday card drive. Governor Quinn encouraged schoolchildren from across the state to take part in the annual drive by making holiday cards for servicemembers at the Landstuhl Regional Medical Center (LRMC) in Germany. Governor Quinn will personally deliver the cards during a visit to troops at LRMC later this year.

Chicago, IL - November 25, 2010 - (RealEstateRama) -- Mayor Richard M. Daley today joined officials from the Historic Chicago Bungalow Association (HCBA), development partners and residents of the South Shore community in dedicating a fully rehabbed green bungalow that showcases innovative ways to make these iconic Chicago homes more energy efficient and adaptable for today’s families.

SPRINGFIELD, IL - November 23, 2010 - (RealEstateRama) -- October continued the trend of median price growth in the majority of Illinois counties, sales were lower due to seasonal and residual tax credit factors; year-to-date sales remain positive even as the economy and foreclosures slow the recovery. According to the Illinois Association of REALTORS® latest report, year-to-date total home sales (which include single-family and condominiums) statewide are up 0.1 percent January through October 2010 with 89,050 home sales compared to 88,989 home sales for the same period in 2009; year-to-date sales are up 4.6 percent in the Chicagoland Primary Metropolitan Statistical Area (PMSA). For the month of October, statewide home sales totaled 7,325, down 34.2 percent from 11,129 home sales in October 2009.

MOLINE, IL - November 23, 2010 - (RealEstateRama) -- Illinois Housing Development Authority (IHDA) officials today celebrated the groundbreaking of 69 affordable rental homes financed through the State of Illinois to help Moline families live near the workplace. An estimated 51 jobs will be created with the construction of Moline Enterprise Work-Live Lofts

Chicago, IL - November 22, 2010 - (RealEstateRama) -- The affordability of a classic single-family home has improved by 66 percent in the seven-county metropolitan Chicago real estate market over the last five years, according to a review by RE/MAX employing the traditional measure of home affordability developed by the National Association of REALTORS® (NAR).

Chicago, IL - November 22, 2010 - (RealEstateRama) -- Home prices in the metropolitan Chicago real estate market reached somewhat firmer ground in October even as the volume of homes changing hands continued to decline. Both the median and average price of homes sold in the seven-county metro area were higher for October than during the previous month, while transaction volume was 14 percent lower than in September.

SPRINGFIELD, IL - November 10, 2010 - (RealEstateRama) -- More than half of Illinois counties reported gains in the median home sale price during the third quarter of 2010 compared to a year ago despite the post-tax credit slowdown in sales activity. According to the Illinois Association of REALTORS® (IAR) third quarter 2010 report, Illinois home sales (which include single-family homes and condominiums) totaled 24,628 in the third quarter, down 24.9 percent from 32,776 home sales in the same period a year ago. The third quarter statewide median home sale price was $154,000, down 6.1 percent from $164,000 in the third quarter of 2009. The median is a typical market price where half the homes sold for more, half sold for less.

Chicago, IL - November 9, 2010 - (RealEstateRama) -- Home sales activity in the metropolitan Chicago real estate market registered a solid gain of 11 percent for the first nine months of 2010 when compared to the same period in 2009. That was achieved even as third-quarter transaction volume was 22.8 percent lower than the same period last year.

Chicago, IL - November 5, 2010 - (RealEstateRama) -- Chicago Agent magazine honored 15 exceptional companies and individuals on Nov. 3 in a ceremony celebrating the magazine’s fifth annual Agents’ Choice Awards. The awards ceremony event was held at Aquae Sulis in Lincoln Park. Over 150 guests were in attendance, representing and supporting each of the nominees

CHICAGO, IL - November 4, 2010 - (RealEstateRama) -- The office of Congressman Bobby L. Rush (D-IL) released the following statement regarding today's Sun-Times article on an alleged lawsuit filed by New City Bank. This amended statement, though given to the reporter after being reached for comment after 8 PM Wednesday, read in part

EUGENE, OR - November 4, 2010 - (RealEstateRama) -- IDX, Inc. welcomes Stephen Johnson, the newest addition to the network of real estate professionals changing the way potential buyers search for homes online. Johnson has adopted his own customized IDX solution for his professional website, giving him the ability to link his search page directly to the Midwest Real Estate Data (MRED) database of property listings. Thousands of homes now appear on his website, making finding the perfect home online in Chicago, Illinois monumentally easier.

CHICAGO, IL - November 2, 2010 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today celebrated the dedication of 77 affordable apartments for seniors and families in Chicago. IHDA Executive Director Gloria L. Materre joined developer Hispanic Housing Development Corp. during a ceremony for the North & Talman Apartments, 1600 N. Talman Ave., Chicago. IHDA provided $2.5 million in federal Low-Income Housing Tax Credits and Illinois Affordable Housing Trust Fund financing. IHDA’s investment generated nearly $17 million in private equity for the two developments.

Torrance, CA - October 28, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a long-term lease for a 30,646-square-foot office space located at 1717 Park St. in Naperville. The value of the lease is approximately $6.5 million

CHICAGO, IL - October 26, 2010 - (RealEstateRama) -- Governor Pat Quinn today commended Illinois’ housing leaders at the 2010 Governor’s Conference on Affordable Housing for their efforts in charting a course to further Illinois’ economic recovery. Governor Quinn highlighted the state’s dedication to affordable housing, including community stabilization, supportive housing to end homelessness, affordable homeownership programs and green building.

SPRINGFIELD, IL - October 25, 2010 - (RealEstateRama) -- Record low mortgage interest rates and more affordable home prices benefited buyers in September, although the Illinois housing market remains subdued after the tax credit without stronger signals from the economy in the areas of jobs and improved consumer confidence. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in September 2010 totaled 8,024, down 4.7 percent from August’s 8,419 home sales; year-over-year home sales are down 23.4 percent compared to September 2009 sales of 10,470 homes. Year-to-date sales remain positive, up 4.9 percent January through September 2010 with 81,669 home sales compared to 77,860 home sales for the same period in 2009