Coastal areas and large cities are the most likely candidates to see home price declines in the future.
Read More »Mortgage & LGBT Leaders Work Toward Diversity and Inclusion
On Wednesday, March 14, 2018, the American Mortgage Diversity Council (AMDC), in partnership with Federal Home Loan Bank (FHLB) of Chicago, hosted a town hall discussion with leaders from the Chicago LGBT community. The meeting was the second in a series of ...
Read More »Chicago Tops List of Most Affordable Rental Markets
The Windy City is the most affordable rental housing market in the United States, according to a new report by online real estate and management firm HomeUnion. What’s the most expensive rental market? We’ll give you a hint: it’s in ...
Read More »Mortgage & LGBT Leaders Collaborate for Diversity in Chicago
In spite of many advances made, LGBT individuals continue to face discrimination in many sectors of modern life, and that includes the worlds of finance and housing. LGBT youth continue to make up an abnormally high percentage of the United ...
Read More »Suburban Boom
While some major metropolitan cities might be lacking in terms of home price growth compared to others, some surrounding suburbs are still becoming hot markets. What could be the cause of this trend?
Read More »Watt Blames Homeowner Skepticism for HARP Slowdown
In a town hall style meeting in Chicago Tuesday, Mel Watt, Director of the Federal Housing Finance Agency, blamed fear of being taken in by a scam for eligible homeowner’s reluctance to take advantage of the Home Affordable Refinance program.
Read More »Illinois Posts Decrease in Home Sales; Increase in Price
A new report issued by the Illinois Association of Realtors (IAR) found a decrease in home sales and an increase in median price in February. The IAR noted that median prices increased 6.9 percent, while home sales decreased by 6.2 percent last month.
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