Chicago Real Estate News
Real Estate news for Chicago, IL continually updated from thousands of sources.
Tuesday Dec 23 | via Daily Herald
For David Foster of Chicago, it was a stunning and welcome early Christmas present for him, his wife and three young children. The Senate's 11th-hour extension of the Mortgage Forgiveness Debt Relief Act through Dec. 31 will save Foster, who works for a nonprofit ministry group, from having to pay the IRS about $28,000 next year on $100,000 of mortgage debt canceled by his bank as part of a short sale on his condo. Comment?
Friday Dec 19 | via WBEZ-FM Chicago
Arturo Chavez would like to stay in the North Side neighborhood, where he's lived for roughly three years - but that seems increasingly unlikely. "I go around in a car, looking for places," he says, speaking in Spanish. Comment?
Thursday Dec 18 | via Business Wire
A complete list of rating actions follows at the end of this release. The upgrade reflects stable collateral performance and paydown of approximately 99.7%. Comment?
Tuesday Dec 16 | via WBEZ-FM Chicago
On a recent weekday, Reid Mackin of the Belmont Central Chamber of Commerce shows off one of the main commercial strips in the Belmont Cragin neighborhood on the Northwest Side. There's a Cricket wireless store on the corner, A&G Fresh Market down the street and a Polish restaurant that nods to the area's past. Comment?
Monday Dec 15 | via YoChicago
Floor plans are available online. In mid-December 2014 rents started at $1,025 to $2,595 depending on apartment size. Comment?
Tuesday Dec 23 | via Big News Network.com
Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news. With a traditional newspaper format, more than 100 sites were established each with a newspaper-type name to cover the highest-ranked regions, countries, cities and states. Comment?
Sunday Dec 21 | via American Reporter
Developments in the United Kingdom and Italy may ease some bon and stock market pressures, but on the eve of an emergency G-7 Finance Ministers' meeting Friday, I will provide them with a list from my money prescription pad, which, like my kids, they will likely ignore. First, how we got here, or rather the last few days of how we got here. Comment?
Thursday Dec 18 | via The Capitol Fax Blog
A federal jury Wednesday found a Chicago couple guilty on all counts in a state grant scam trial that featured testimony about power, money and sex and saw a high-profile ruling that one of President Barack Obama's golfing buddies was a hostile witness. The seven-man, five-woman jury deliberated for about five hours on the fate of Leon and Karin Dingle, who faced conspiracy, mail fraud and money laundering charges. Comment?
Wednesday Dec 17 | via Inman News
Executives with leading multiple listing services, franchisors and brokers have been working for months on a plan to launch a new national listing portal to serve as a broker-centric alternative to the big search portals like Zillow, Trulia and realtor.com , Inman has learned. According to internal communications among participants, the group is not legally organized and has not secured funding. Comment?
Tuesday Dec 16 | via Northwest Herald
SPRINGFIELD – A federal jury will begin deliberating Wednesday in the trial of a Chicago businessman and his wife, who are accused of using millions of dollars in state public health grant money for luxury cars, vacation-home upkeep and a mortgage for their son. Leon Dingle, 77, and Karin Dingle, 75, are charged with conspiracy, mail fraud and money laundering for allegedly steering grant money intended for AIDS- and cancer-awareness campaigns through a web of organizations and into their pockets. Comment?
3 min ago | via CBS 3 Springfield
The Massachusetts attorney general's office is investigating Santander bank's auto lending business over concerns that the company may be engaged in the type of predatory practices that, on a larger scale, led to the mortgage and financial crises. The office is looking at whether Santander lent to borrowers who were unlikely to repay the money and sold those loans to Wall Street, where they were packaged into securities and resold to investors. Comment?
12 min ago | via SouthCoastToday.com
Florida has passed New York to become the third most-populous state as it adds about 800 people per day, according to the U.S. Census Bureau. The state's population increased by 293,000 in the year ended July 1 to reach 19.9 million residents, passing New York, which grew by 51,000 to 19.7 million, the Census Bureau said Tuesday in a report. Comment?
37 min ago | via Mortgage News Daily
According to the U.S. Census Bureau's statistics on population, between July 1st, 2013 and July 1st, 2014 an average of 803 new residents were added each day in Florida and it passed New York to become the third most populous state. Florida's population has reached almost 20 million whereas the population of New York is 19.7 million. Comment?
26 min ago | via Mortgage News Daily
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. NEW YORK - U.S. stock index futures edged higher on Friday, putting major indexes on track for a second straight weekly advance, though moves were likely to be slight with few market catalysts and many traders still out for the Christmas holiday. Comment?
30 min ago | via Missourian
Lori Osterberg and her husband are lifelong Denver folk, but they got restless and intended to relocate for adventure's sake once their only child left home for college. Rather than following the sun down to Mexico, they followed their daughter to Portland, Oregon, where she is a sophomore. Comment?
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