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Tag Archive | "Real Estate"

Bidding Wars: Families Fight to Compete for the Purchase of a New Home in Sellers’ Market

ABC NEWS NIGHTLINE: Ferocious bidding wars have become the norm in a real estate market that is hotter than ever. NIGHTLINE reports on two real estate sellers’ markets: (1) Highlands Rand, Colorado, where a house priced at $329,000 had multiple bidders; and (2) Scarsdale, New York, where a ranch house with an asking price of […]

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RE/MAX Brokerages Serving Metro Chicago Real Estate Market Tabbed as Top Performers in 2014 RISMedia Power Broker Report

The 2014 RISMedia Power Broker Report named eight RE/MAX brokerages in the metropolitan Chicago real estate market as among the top performing firms across the United States. The report, published this month, is considered one of the most accurate gauges of brokerage performance in the U.S. residential real estate sector. The 2014 Power Broker Report […]

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RE/MAX Suburban Brokers in Arlington Heights Plan June 8 Garage Sale To Benefit Lurie Children’s Hospital and Children’s Miracle Network Hospitals

The brokers at RE/MAX Suburban, 1808 North Arlington Heights Road, Arlington Heights, Ill., are planning a June 8 sidewalk garage sale from 8 a.m. to 1 p.m. in front of their office, with all proceeds benefitting Lurie Children’s Hospital in Chicago and the Children’s Miracle Network Hospitals (CMNH). “We hope many families in the area […]

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Ask Paul B: Real Estate Rage

Dear Paul B, I am a very open minded person, and I am a generous person, as everyone knows. When I started in real estate, I accepted many challenges, and made many friends at work. A new agent came in last year, and she is doing big business. She seems to be extremely aggressive, but […]

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AP Fact Check: Clinton’s Political Compromise Claim and Democrat’s Economic Prosperity Claim — a Stretch

Matt Apuzzo explains an AP Fact Check found that in his address to the Democratic National Convention, former President Bill Clinton’s portrayal of President Barack Obama as a pragmatic compromiser left out the roles of Obama and Democrats in Washington gridlock. Associated Press investigative reporter Matt Apuzzo reports that Clinton’s administration enjoyed a great economic […]

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Chicago in Top 5 Foreclosure Cities; Illinois Foreclosure Activity Up 29 Percent from April to May

Chicago, Illinois along with Miami, Florida; Las Vegas, Nevada; Los Angeles, California; and Phoenix, Arizona have the status of the cities with the top foreclosure activity in the United States. Foreclosure rates in Chicago amount to about one in every 252 housing units — the fourth-highest among the nation’s 20 largest metro areas. Illinois is […]

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Arlington Heights Northwest Cook County Public Workshop Chicago Metropolitan Agency for Planning (CMAP)Workshop Tuesday, June 19, 2012

On June 19, 2012, a public workshop is scheduled to inform the public and to seek community input concerning the future of residential needs and opportunities in the Village of Arlington Heights. Through a technical assistance grant from the Chicago Metropolitan Agency for Planning (CMAP), the Village of Arlington Heights, along with the four adjacent […]

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Sales Associates at RE/MAX Suburban, Arlington Heights, Saluted for 2011 Success in Real Estate Sales

CHICAGO, May 24, 2012 — Sales associates at RE/MAX Suburban in Arlington Heights, Ill., recently received special recognition from the RE/MAX Northern Illinois region for their sales success in 2011. They have been named to membership in honorary clubs, each recognizing an important level of achievement in sales production. Platinum Club Membership in the 2011 […]

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Cynthia Hass of Arlington Heights Receives Lifetime Achievement Award From RE/MAX for Sales Success in Metro Chicago Real Estate Market

CHICAGO, May 7, 2012 — Cynthia Hass, a broker associate with RE/MAX Suburban, 1808 N. Arlington Heights Road, Arlington Heights, Ill., has received the Lifetime Achievement Award from RE/MAX recognizing her continued sales success in the metropolitan Chicago real estate market. The award goes to those who have been part of the worldwide RE/MAX network […]

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Yale Professor Robert Shiller Warns of Another 10-25% Home Price Drop

According to Robert Shiller, Yale professor of economics the housing market is in for more losses, citing “unusual factors” that he said influenced the outlook for the housing market. Unusual factors … During the real estate boom, people stopped regarding homes as homes, and considered them investments in land. The real estate boom turned into […]

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U.S. Government Planning to Wind Down Fannie Mae and Freddie Mac

The Obama administration is laying out three broad options for overhauling the mortgage lending system, but will let Congress make the final decision. Feb. 11 (Bloomberg) — Jonathan Miller, chief executive officer of Miller Samuel Inc., talked with Bloomberg Law’s Lee Pacchia on Feb. 10 about the market for residential real estate, mortgage lending and […]

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Home Prices Expected to Take -8% Hit Next Year

Home prices ticked up in July for the fourth straight month, but many cities are bracing for declines in the year ahead. (Sept. 28) The S&P/Case-Shiller Home Price Indices are the leading measures for the US residential housing market, tracking changes in the value of residential real estate both nationally as well as in 20 […]

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