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Governor Quinn Announces Major Home Loan Program for First-Time Buyers in Illinois
SPRINGFIELD - April 2, 2014 - (RealEstateRama) -- Governor Pat Quinn today announced his new Welcome Home Illinois loan program to help make homeownership a reality for Illinois’ first-time home buyers. The program provides $7,500 in down-payment assistance with an interest rate as low as 3.99 percent for a secure, 30-year fixed rate mortgage. Today’s announcement is part of Governor Quinn’s agenda to drive economic growth by making homeownership more affordable in Illinois
Pircher, Nichols & Meeks Hires C.J. Loos As New Associate
CHICAGO - March 25, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, announced that C.J. Loos has joined the firm as a new associate in the Chicago office. Ms. Loos’ background includes a variety of legal projects, with emphasis on corporate and real estate law
Weather and lower inventory impact February Illinois home sales but median prices see annual...
SPRINGFIELD, Ill. - March 20, 2014 - (RealEstateRama) -- Illinois home sales decreased 6.2 percent over previous-year levels in February while median prices increased 6.9 percent, according to the Illinois Association of REALTORS®.
Lee & Associates of Illinois Negotiates 10-Year Industrial Lease in Bloomingdale
BLOOMINGDALE, Ill. - February 26, 2014 - (RealEstateRama) -- & Associates, the largest broker-owned commercial real estate firm in the country, has negotiated a 10-year, $5 million lease for a 110,063-square-foot industrial property located at 171 Covington Drive in Bloomingdale, Ill.
Severe winter weather cools January home sales but median prices continue year-over-year march upward
SPRINGFIELD, Ill. - February 21, 2014 - (RealEstateRama) -- The polar vortex and lower inventory levels may have affected January home sales which dipped 7.5 percent compared to last year, but median home prices climbed 9.6 percent over previous-year levels, according to the Illinois Association of REALTORS
Lee & Associates Illinois Hires Terry Grapenthin As Principal
CHICAGO - February 20, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has announced that Terry Grapenthin, a 13 year veteran who specializes in industrial brokerage, has joined the firm’s Illinois office as a principal
Stan Sieron receives award for political leadership from the Illinois Association of REALTORS®
WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- Broker-Associate with The Real Estate Group in Springfield. “As an elected official and as a leader in the local, state and national REALTOR® family, he carries the RPAC message with pride, passion and knowledge.”
Pircher, Nichols & Meeks Hires Susan Kim As Of Counsel
CHICAGO - February 4, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, announced that Susan Kim has joined the firm as an of counsel member in the Chicago office. Ms. Kim has a diverse law background, which includes experience in both the public and private sectors
Lee & Associates Illinois Promotes Rick Scardino to Principal
CHICAGO - January 29, 2014 - (RealEstateRama) -- Rick Scardino, a 26 year veteran who founded the Retail Division of Lee & Associates’ Illinois office in 2010, has been promoted to principal, the firm has announced.
Illinois home sales climb again in December
SPRINGFIELD, Ill. - January 23, 2014 - (RealEstateRama) -- Illinois home sales increased 7.9 percent over previous-year levels in December and median prices increased 13.7 percent, according to the Illinois Association of REALTORS
Federal Grants to Help IL Homeowners Afford Critical Repairs
CHICAGO - January 22, 2014 - (RealEstateRama) -- A new round of $6.1 million in federal funds will help low-income homeowners, including seniors and persons with disabilities, afford the necessary repairs to stay in their homes. The Illinois Housing Development Authority (IHDA) today announced the Single-Family Owner-Occupied Rehabilitation (SFOOR) program will ensure 148 homeowners can keep up with necessary but costly repairs – and will keep communities strong by stabilizing neighborhoods and creating local economic activity.
Noted political observer Paul Lisnek to address REALTORS® policy group
Dr. Paul M. Lisnek, an award-winning television host and anchor of "Politics Tonight" on CLTV and the on-air political analyst for WGN-TV.
Governor Quinn Announces 5,000 Affordable Rental Homes Financed in 2013
CHICAGO - December 30, 2013 - (RealEstateRama) -- Governor Quinn today announced that the Illinois Housing Development Authority (IHDA) provided more than $471 million in financing this year to make 5,000 quality affordable rental homes available to working families, seniors and people with disabilities. Since Governor Quinn took office, IHDA has provided $2.2 billion in financing to build or preserve more than 19,600 affordable apartments in 131 communities across the state, generating an estimated 20,280 jobs. Today’s announcement is part of the Governor’s agenda to ensure quality affordable housing for people in-need across Illinois.
Governor Quinn Requests Federal Aid for Local Governments Hit by Tornadoes
CHICAGO - December 20, 2013 - (RealEstateRama) -- Governor Pat Quinn today requested federal aid to help local governments in nine Illinois counties recover from the Nov. 17 deadly tornado outbreak. Counties included in the request include Champaign, Douglas, Grundy, Massac, Tazewell, Vermilion, Washington, Wayne and Woodford. If the request is approved, local governments could receive reimbursement for 75 percent of eligible disaster-related costs such as overtime, debris removal and repair and replacement of damaged public property.
Lee & Associates Names James Planey Recipient of Leaders of Lee Award
CHICAGO - December 16, 2013 - (RealEstateRama) -- In recognition of 39 years of excellence in real estate, James Planey, SIOR, principal at Lee & Associates Illinois, was the one of the recipients of the 2013 Leaders of Lee award at the Lee broker’s summit, which was held recently in Las Vegas. The award was created to give recognition to those who have made exceptional contributions to the firm and the industry, as a whole