Winnetka Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

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  Related Topix: Home, Foreclosures, Mortgage, Mortgage, Personal Finance

Local Headlines

• Chicago-area home sales drop 28% in June

  4 hrs ago | via Chicago Tribune 

  Sales and median prices for existing homes in Chicago and the state dropped in June as the real estate market remained strained by low consumer confidence and a troubled economy.

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  Related Topix: Cook County, IL, Chicago Metro, Chicago, IL, Housing, Real Estate, Illinois

• Home sales in Chicago area drop sharply

  10 hrs ago | via Chicago Sun-Times 

  Home sales in the Chicago metropolitan area plummeted 27.9 percent in June from a year earlier, and prices dropped as well, the Illinois Association of Realtors said Thursday, blaming low consumer confidence ...

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  Related Topix: Cook County, IL, Housing, Chicago Metro, Real Estate

• Loan crisis hits Chicago, suburbs

  18 hrs ago | via The Daily Northwestern 

  The average North Shore home may be worth more than a half-million dollars, but that hasn't made the affluent area immune to this year's national spike in foreclosures.

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  Related Topix: Chicago Metro, Winnetka, IL, Morton Grove, IL, Foreclosures, Mortgage

• Governor Blagojevich urges Congressional Delegation to support additional LIHEAP funding

  Thursday Jul 17 | via Illinois Government News Network 

  ' Governor Rod R. Blagojevich today sent a letter to members of Illinois' Congressional Delegation urging them to support legislation that would increase funding to the federal Low-Income Home Energy Assistance ... 1 comment

  Related Topix: Healthcare Law, Law, Home, Mortgage, Illinois, Illinois Government, Cook County, IL

• Buy a home in Palatine Illinois

  Wednesday Jul 16 | via WebWire 

  Palatine Illinois http://www.realestateinpalatineil.com is a small village located in Cook County and is mainly a residential suburb of Chicago.

  Comment?

  Related Topix: Home Buying, Home, Cook County, IL, University of Illinois System, Chicago State University, Illinois Institute of Art-Chicago

Regional Headlines

• News roundup: MRAPs carry rollover risk; Russian nukes in Cuba?

  6 hrs ago | via USA Today 

  In the top story at Yahoo News, the Associated Press reports on rollovers involving MRAPs, the blast-resistant vehicles that are used to transport troops in Iraq and Afghanistan.

  Comment?

  Related Topix: Home, Mortgage, US Politics, US News, 2008 Presidential Election, Illinois, Illinois Government, Barack Obama

• Budget gaps triple for '09

  17 hrs ago | via Stateline.org 

  The drumbeat of bad fiscal news from statehouses is intensifying. States collectively faced deficits of $40.3 billion in writing their current budgets - triple the $13 billion shortfall states weathered the ...

  Comment?

  Related Topix: Illinois, Home, Mortgage

• Home Prices Sink Slightly in May

  Yesterday | via Tools of the Trade 

  Home prices declined 0.3 percent nationally in May, according to the monthly index released today by the Office of Federal Housing Enterprise Oversight , which tracks the values of homes purchased with Fannie ...

  Comment?

  Related Topix: Financial Services, Fannie Mae, Home, Mortgage, Mortgage, Personal Finance, Housing, Illinois

• Analysis: Bush, Dems face economic reality

  Yesterday | via UPI 

  U.S. President George W. Bush has dropped his lifelong opposition to government bailouts by approving one of the biggest in modern American history for Fannie Mae and Freddie Mac.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, US Politics, US News, Barack Obama, Illinois, George Bush

• Fifth Third, Wachovia report losses

  Yesterday | via Traverse City Record-Eagle 

  Fifth Third Bancorp is reporting a net loss of $202 million, or 37 cents a share, in the second quarter compared with a profit of $376 million, or 69 cents a share, for the same period in 2007.

  Comment?

  Related Topix: Banking, Financial Services, Fifth Third Bancorp, Wachovia Corporation, Illinois, Home, Mortgage

National Headlines

• Existing home sales fall 2.6% in June

  3 min ago | via Butler Eagle 

  Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades.

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  Related Topix: Housing, Real Estate, Home Selling, Home

• Report: Foreclosure sales up in Maricopa County

  3 min ago | via KTAR / Local / Stories 

  A new report shows that more than 40 percent of Maricopa County home sales in June were foreclosures.

  Comment?

  Related Topix: Foreclosures, Housing

• Fauquier Foreclosure Sales

  4 min ago | via Times Community Newspapers - Fauquier County 

  I let you all know, not long ago that the Fauquier numbers for June looked pretty good.

  Comment?

  Related Topix: Foreclosures

• ASB follows Bollard's lead, cuts fixed rate - Cullen approves

  4 min ago | via NZ Herald 

  ASB has moved quickly to cut its two year fixed home lending rate, after Reserve Bank Governor Alan Bollard cut the Official Cash Rate to 8 per cent from 8.25 per cent.

  Comment?

  Related Topix: Mortgage, Home

• Stocks tumble after sales of existing homes fall

  4 min ago | via NY Daily News 

  Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's ...

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  Related Topix: Real Estate, Home, Housing, Home Selling, Financial Markets, Mortgage, Mortgage, Personal Finance