Local News

Real estate news in Chicagoland

S&P/Case Shiller Indices Point to Modest Improvement for Second Quarter of 2010

Data through June 2010, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, show that the U.S. National Home Price Index rose 4.4 percent in the second quarter of 2010, after having fallen 2.8percent in the

Signs Point to Recovery for Houston Market

According to a recent report by Metrostudy, a national housing data and consulting firm that maintains an extensive primary database on residential construction in the U.S. Housing market, Houston’s economy is showing signs of recovery. The annual 2009 Census

Clear CapitalTM: Impact of BP Oil Spill Reaches Beyond Gulf Coast

Clear Capital, a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, released last week results from its Gulf Coast oil spill impact survey and analysis. Clear Capital is gathering and analyzing data

Houston Home Sales Cool Down Amid the Mid-Summer Heat

An anticipated property sales slowdown set into the Houston real estate market in July following the expiration of the federal homebuyer tax credit. The credit had propelled local home sales for four straight months beginning in March, however home

Stage Set For Class A Property Bankruptcy Auction of Gramercy Park Condominiums

Situs Inc. is assisting a Chapter 7 Bankruptcy Trustee with the preparations for a bankruptcy auction of the Gramercy Park Condominiums, a luxury mid-rise multi-family asset located in the prime Medical Center submarket of Houston, Texas. “Due to the

Jackson Walker Partner Receives Promethean Award

Jackson Walker Partner Randy Farber was recently honored by the Texas Rehabilitation Association with the Promethean Award. The Promethean Award is given to a person with a disability who has demonstrated self-motivation and personal courage in overcoming the disability

HomeAway Launches Gulf Coast Response Center

While progress has been made in the months-long battle to contain the oil from the Deep Water Horizon disaster, Gulf Coast vacation property owners face long-term implications to their travel and tourism business and property values. To help vacation

Houston Association of REALTORS Extends Data Liscensing Agreement with CoreLogic

By Tom Butala The Houston Association of REALTORS (HAR) renewed last week its data-licensing agreement with The First American Corporation’s CoreLogic. The Santa Ana California-based CoreLogic offers consulting, analytic and information-based services to clients; providing the real estate industry

FHA Launches Short Refi Opportunity for Underwater Homeowners

In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing and Urban Development has provided details on the adjustment to its refinance program which was

Taylor Morrison to Develop ‘Southern Trails West’ in Pearland, Texas

Taylor Morrison has purchased 165 home sites for Southern Trails West, a new community located at the intersection of FM 518 and Windward Bay Drive, about two miles from Pearland Town Center. Southern Trails West is west of Southern

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