Wells Fargo wins discrimination lawsuits in L.A. & Chicago



Wells Fargo & Co, the largest U.S. mortgage lender, on Friday won the dismissal of two major lawsuits accusing the banking giant of predatory lending practices.

Crowdfunding Comes to Chicago Commercial Real Estate Investing



In 2012, Congress passed legislation that would allow equity crowdfunding. Since last year, crowdfunding has grown exponentially, opening vast new opportunities for investing in commercial real estate.

Chicago Real Estate Sales on Pace for Best Year Since 2007



In light of low interest rates and an improving economy, sales in Chicago are now on pace to reach the best levels this year since 2007.

Finland’s Grafetee App: Moving to Funny & Sunny Chicago



As a home broker or a buyer, have you ever wished there was a better way to show/view homes? That is, without the often unnecessary connections, scheduling, meetups, and the awkward trek (usually in two cars) from one house to another. Agent and potential homeowner often do prefer solitude, efficiency, the soft sell. Well, a little company in Finland called Grafetee has just the tool to make the family home tour convenient and fun. And much more.

5 Styles of Chicago Condos



If you are house hunting in Chicago, chances are that you are looking for condos. They are easy to maintain. And you only have to look after the interiors of your condo. But before you start looking for condos, you need to identify which kind of condo is best for you.

$22,000 a Month for an Apartment?



In many cities across the country, the hard-hit real estate market over the past several years has actually boosted the apartment market considerably. Despite mortgage rates at an all-time low, securing a mortgage loan has become increasingly difficult, especially for young and first-time homebuyers

Chicago Begins Renovating and Renting out Foreclosed Condos



Cities across the US are grappling with the same question: What to do with all of those homes left vacant by the large number of foreclosures? While government agencies at a national level struggle to put together a coherent program for transforming foreclosed homes into rental properties, it seems that some cities are already taking matters into their own hands.

Home Properties Acquires Two Apartment Communities



Home Properties Inc. has revealed details about its purchase of two apartment communities:  The Gates of Deer Grove in Palatine, IL. for $20.2 million and The Courts at Dulles in Herndon, VA. for $92.75 million. With these transactions, Home Properties purchases for 2011 have reached $500.8 million. On November 30, Home Properties purchased The Courts […]

Cook County Passes Ordinance to Regulate Vacant Homes



Today the Cook County Board passed an ordinance that will introduce regulations for vacant homes. The ordinance is similar to one that the city of Chicago recently instituted and will cover the non-incorporated areas in Cook County. The move comes in spite of the fact that the Chicago ordinance is now involved in a federal […]

Market Watch Chicago – a Landlord’s Paradise



There’s a lot of things to love about Chicago. Although it’s known for amazingly delicious food such as Chicago-style pizza and dogs, the “Windy City” is also home to more than 400 major corporations – 28 of them on the Fortune 500, ranging from Allstate to Walgreens. The “City of Big Shoulders” is also a […]

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