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SPRINGFIELD, IL - July 13, 2010 - (RealEstateRama) -- July 12, 2010. Governor Pat Quinn today signed two bills into law that will protect consumers from deceptive home repair and remodeling practices. Senate Bill 3645 and Senate Bill 2540 protect homeowners and individuals who have disabilities from fraudulent home repair projects

SPRINGFIELD, IL - July 7, 2010 - (RealEstateRama) -- Governor Pat Quinn today announced that the state’s request for a U.S. Small Business Administration (SBA) disaster declaration has been granted for several counties in north central Illinois that were hit by tornadoes on June 5. The declaration will make low-interest loans available to homeowners, renters and businesses in the primary counties of LaSalle, Livingston and Peoria, as well as 15 contiguous counties, including Kankakee and Putnam

EUGENE, OR - June 18, 2010 - (RealEstateRama) -- Realtor Karen Schwieger has updated her professional website, thanks to IDX, Inc. and their IDX software. With the ability to draw raw listing data off of the Midwest Real Estate Data (MRED) listings, the IDX Broker software then displays these properties conveniently her website. Now, it is easier than ever before for home seekers in Chicago, Illinois to get matched with a property that suits them, with the technology utilized on the Crane Chicago website.

CHICAGO, IL - June 17, 2010 - (RealEstateRama) -- Demonstrating the State of Illinois’ commitment to sustainable homeownership, Governor Pat Quinn today proclaimed June to be Homeownership Month in Illinois.

Washington, D.C. - May 18, 2010 - (RealEstateRama) -- Today, Bill Askew, Senior Policy Advisor, for the Financial Services Roundtable testified before the House Financial Services Committee’s Subcommittee on Oversight and Investigations. The hearing was titled “Commercial Real Estate: A Chicago Perspective on Current Market Challenges and Possible Responses.”

SPRINGFIELD, IL - May 11, 2010 - (RealEstateRama) -- Buyers were out in force in the first quarter led by low interest rates and homebuyer tax credits. According to the Illinois Association of REALTORS® (IAR) first quarter 2010 report, Illinois home sales (which include single-family homes and condominiums) totaled 21,242 in the first quarter, up 23.5 percent from 17,194 home sales in the same period a year ago. The first quarter statewide median home sale price was $144,600, off 0.3 percent from $145,000 in the first quarter of 2009. The median is a typical market price where half the homes sold for more, half sold for les

EUGENE, OR - May 5, 2010 - (RealEstateRama) -- Property Economics and AJ Leekha have chosen IDX, Inc. and the IDX Broker software to update their real estate website. With the help of the Midwest Real Estate Data MLS (MRED), thousands of listings can now be displayed on Leekha's website. This convenient technology allows potential home buyers to view every listing in the Chicago, Illinois area, without having to leave Leekha's website. MRED data syncs with Leekha's listings, to present home seekers with the largest and most complete set of property listings around.

EUGENE, OR - May 3, 2010 - (RealEstateRama) -- Kipp Blackburn with @ Properties in Chicago, Illinois has recently made the decision to hire the services of IDX, Inc. to enhance, optimize and completely alter his online real estate website, by incorporating their highly customizable IDX Broker software. Blackburn wanted a drastic change to his online business, to set him apart from his competitors, and by choosing IDX, he can now offer his website visitors a much more well-rounded, pleasant and informative online property search experience. He wanted to show off the big, bold and elegant city of Chicago in a manner that would do it justice, and by enabling home seekers to browse some of the cities finest and most highly demanded properties, he is doing just that

EUGENE, OR - April 29, 2010 - (RealEstateRama) -- IDX, Inc. happily welcomes today, their newest client addition, Alan Savage of Naperville, Illinois, in joining the continuously growing network of real estate agents and brokers opting to improve, enhance and optimize their websites, with the help of a highly customizable IDX Broker solution. A realtor with Chase Real Estate, Savage is an active member of the Midwest Real Estate Data MLS (MRED). With the unique and one-of-a-kind connection that this IDX software has with local Multiple Listing Service's (MLS), Savage is able to immediately and prominently display an endless amount of the most up-to-date MRED listing information, directly onto his own personal website, eliminating the time and hassle for consumers, that would normally have to navigate elsewhere. Potential home buyers also have the option to specificy what they are looking for in their new property, and will only be shown properties that match their personal specifications, creating a simple and efficient online real estate search process.

SPRINGFIELD, IL - March 1, 2010 - (RealEstateRama) -- Buyer market conditions remain in most Illinois housing markets as January marked the fifth consecutive month of year-over-year home sales increases while the statewide median price logged its first uptick since September 2007. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in January 2010 were up 14.0 percent, totaling 5,483 homes sold compared to January 2009 sales of 4,809 homes. The median price in January 2010 was $145,300, up 0.2 percent from $145,000 in January 2009. The median is a typical market price where half the homes sold for more, half sold for less.

Two programs serve low-income residents, create jobs. CHICAGO, IL - February 11, 2010 - (RealEstateRama) -- A new round of $15.4 million in federal affordable housing funds will help low-income residents, including seniors and persons with disabilities, and landlords rehabilitate more than 420 homes across the state, the Illinois Housing Development Authority (IHDA) announced today.

CHICAGO, IL - January 27, 2010 - (RealEstateRama) -- The Illinois Department of Financial and Professional Regulation (IDFPR) today announced it had indefinitely suspended the licenses of Edward Kent, a Real Estate Broker and Associate Appraiser who had been convicted of a crime that caused his name to be placed in the Illinois Sex Offender Database. After receiving a complaint about Mr. Kent, the Department undertook to compare its more than one million licensees against that database.

CHICAGO, IL - November 18, 2009 - (RealEstateRama) -- Thirty-four Illinois homeowners were made whole this month when the Illinois Department of Financial and Professional Regulation (IDFPR) repaid all the money lost from their escrow funds earlier this year. The homeowners were in default for taxes and insurance coverage after Chicago-based American Escrow, LLC went out of business without making the obligatory property tax and insurance payments from their escrow accounts.

November 6, 2009 - (RealEstateRama) -- Congressman Danny K. Davis (D-IL07) today spoke out for, and voted in favor of, extending Unemployment Benefits, the Home Buyer Credit and a Small Business Net Operating Loss Carryback. The vote today approved amendments added by the Senate to the legislation passed by the House of Representatives six weeks ago. The legislation is expected to be signed by President Obama tomorrow. The provisions of the bill include the following.

SPRINGFIELD, IL - June 3, 2009 - (RealEstateRama) — Governor Pat Quinn today requested federal assistance to help people, businesses, local governments and electrical cooperatives recover from a devastating storm that hit parts of southern Illinois on May 8. The storm uprooted thousands of trees, causing widespread power outages and blocking countless roads and highways. At least 260 homes in a five-county area were destroyed or suffered major damage, and storm-related costs to state and local governments and electrical cooperatives are expected to top $26 million