Archives

Lee & Associates Adds Two Senior VPs in Chicago, Continues Growth

Torrance, CA - September 19, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, continues its torrid growth in the Midwest retail brokerage scene by adding a pair of senior vice presidents to its Chicago office. Joseph Herron and Jason Sorce have both joined Lee & Associates Chicago to help bulk up the firm’s retail brokerage as part of its rapid expansion in the Midwest.

Gail Jensen adopts IDX Broker software to sync her real estate website with thousands...

Eugene, OR - September 16, 2011 - (RealEstateRama) -- IDX Broker is pleased to announce that Gail Jensen of ERA Real Estate has chosen to employ the innovative IDX broker software to improve the functionality and ease of her professional website. By seamlessly integrating her website with IDX Broker software her website now provides thousands of properties for the specific area interested in. As a long time member of the Midwest Real Estate Date MLS (MRED), Jensen now is able to provide her clients with the same accessibility to raw data of MRED MLS that once was only accessible for brokers.

Chicago real estate agents stay connected to their clients with IDX Broker software

EUGENE, OR - September 5, 2011 - (RealEstateRama) -- IDX, Inc. welcomes agent Sung Kang and Inception Homes to the growing list of realtors and brokers who have chosen to integrate the remarkable IDX Broker software into their websites. By adding a personalized IDX solution, Kang can sync Midwest Real Estate Data (MRED) listings directly to his search page, giving home seekers in Chicago and surrounding areas a simple and comprehensive way to locate their ideal property. Kang now hosts a dynamic real estate search page, with featured listing slideshows and even an iPhone application.

New Law Gives More Rights to Property Owners

SPRINGFIELD, IL - August 30, 2011 - (RealEstateRama) -- A new law signed this week by Governor Pat Quinn allows Illinois landowners or lessees the option of using purple paint markings on trees or posts on their property as a “no trespassing” notice. The “Purple Paint Law” is designed as an alternative which Illinois landowners can use to protect their property from trespassing.

Governor Quinn Signs Laws to Protect Consumers

CHICAGO, IL - August 29, 2011 - (RealEstateRama) -- August 26, 2011. As part of his ongoing commitment to consumer protection, Governor Pat Quinn today signed legislation that will enhance safeguards for borrowers and tenants. The new laws will give the Illinois Commerce Commission (ICC) increased oversight of entities that repossess collateral in the case of defaulted loans. They will also strengthen tenants’ rights to their security deposits after a change in property ownership.

RE/MAX Office in Skokie Gets New Name, Ownership and Mission

Elgin, IL - August 25, 2011 - (RealEstateRama) -- The RE/MAX office in Skokie, Ill., has been purchased by Mark Feyman and Ivana Shudnow, both real estate veterans. The office, which was purchased in late July, will remain for the time being at 3947 Dempster St. Formerly called RE/MAX 1st Class Realty, its name has been shortened to RE/MAX 1st Class. The focus will continue to be on providing top service to customers -- but in more than just the residential real estate sector

Only 17 Percent of Agents Use Online Agent Rating Systems

Chicago, IL - August 19, 2011 - (RealEstateRama) -- A new survey in the August 15th issue of Chicago Agent magazine illustrates that more than half of all agents surveyed believe that online agent rating systems, such as those on Zillow.com, Trulia.com and Angie’s List, are beneficial to the industry. However, only 17 percent of agents surveyed are actively participating in agent rating systems.

RE/MAX Property Source Expands to Belvidere with Acquisition

Chicago, IL - August 18, 2011 - (RealEstateRama) -- RE/MAX Property Source, Rockford, which is part of the RE/MAX Northern Illinois real estate network, has expanded into Belvidere, Ill., where it has acquired the local office of RE/MAX Key and renamed it RE/MAX Property Source. The office has been relocated to 411 S. State St. in downtown Belvidere, the former office of State Rep. Ron Waite.

Westwood Financial Corp. Buys $22 Million Chicago-Area Retail Center

Chicago, IL - August 1, 2011 - (RealEstateRama) -- Continuing its streak of recent strategic acquisitions, Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has purchased Sanders Court Shopping Center in Northbrook, Ill., for $22 million. The 136,219-square-foot retail center currently is 99-percent leased and represents another in a string of strong investment opportunities Westwood Financial has seized in recent months.

RE/MAX Catapults into Runner Up Leadership Position in Chicago Real Estate Market

Chicago, IL - July 29, 2011 - (RealEstateRama) -- RE/MAX increased its share of residential properties sold in the Chicago real estate market to 8.5 percent during the first half of 2011, up from 7.6 percent in first half 2010. As a result, RE/MAX has moved up into second place among real estate brands that do business in the city.

Quigley Bill Saves Billions, Gets Rid of Vacant Federal Property

WASHINGTON, DC - July 28, 2011 - (RealEstateRama) -- Today, U.S. Representative Mike Quigley (IL-05) testified that his bill—the Federal Real Property Disposal Enhancement Act—would save the federal government billions of dollars simply by selling or disposing of unwanted government-owned property. Quigley spoke in front of the House Committee on Oversight and Government Reform on behalf of the legislation, which he introduced in March.

IDX, Inc. and Broker Corinne Guest simplify online real estate search for Chicago area...

EUGENE, OR - July 26, 2011 - (RealEstateRama) -- IDX, Inc. and Barrington, Illinois Broker Corinne Guest have joined forces to present area home seekers with a comprehensive online real estate website. IDX Broker software has integrated a search page that extracts raw listing data directly from the Midwest Real Estate Data (MRED) database and seamlessly presents it onto Guest's website. She can now supply her clients with thousands of Chicago area homes instantly, from the convenience and familiarity of her IDX-enabled website.

Illinois Home Sales Follow Seasonal Pattern through June

SPRINGFIELD, IL - July 22, 2011 - (RealEstateRama) -- According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in June 2011 totaled 11,003 homes sold, up 12.7 percent from 9,761 sales in May 2011; sales were down 16.3 percent from 13,144 homes sold in June 2010.

METRO CHICAGO REAL ESTATE MARKET LOOKS AHEAD TO STRONGER HOME SALES AS JUNE DELIVERS...

Chicago, IL - July 20, 2011 - (RealEstateRama) -- June home sales in the metropolitan Chicago real estate market displayed a distinctly split personality, according to an analysis of sales data by RE/MAX.

RE/MAX 1st CHOICE MARKS OTTAWA DEBUT

ELGIN, IL - July 18, 2011 - (RealEstateRama) -- A grand opening celebration on June 29 marked the official debut of RE/MAX 1st Choice, 130 W. Lafayette St. in Ottawa, Ill. Broker/owner T. Haeberle and six sales associates welcomed 75 guests, among them Ottawa Mayor Robert M. Eschbach and Boyd Palmer, president of the Ottawa Area Chamber of Commerce & Industry.

Popular

Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

Recent

Make Your Garage Door Quieter

How to Make Your Garage Door Quieter

Did you know that the structural noise from a garage can be anywhere from 5 decibels to 20 decibels above the background noise levels? And if you are wondering how much change would a 20-decibel increase make, then consider this – with a rise of 20 decibels, the sound energy increases by a factor of 100!