Report shows how mortgage firms stole black wealth in Chicago

Researchers from Duke University claim that African American homeowners in Chicago missed out on billions of dollars in wealth from 1950 to 1970, due to what it says were “racist real estate policies”. Throughout that 20-year period, African Americans living in Chicago bought 60,100 homes, of which, around 70% were sold on contracts that enabled

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Analysis shows Chicago is the easiest place to save for a down payment

If you’re struggling to save up for a down payment on your first home, you could do a lot worse than move to Chicago, where it’s possible to do so within just three years, according to a new analysis from RealEstate.com.

Hedge fund manager Ken Griffin buys Chicago’s most valuable home for $58.5 million

Ken Griffin has just purchased what has become Chicago’s most expensive home ever

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.

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