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Illinois Real Estate

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Illinois Housing Crisis: Illinois Foreclosures Up 38%; Illinois Home Sales Up 23%

(Springfield, IL) — May 14, 2010. The state’s housing market is going through a period of fluctuation marked by rising foreclosure rates along with an uptick in housing sales, according to two separate reports released this week. A report by housing industry company RealtyTrac Inc. indicated that 18,870 properties in Illinois received a foreclosure filing … Continue reading »

Governor Pat Quinn OKs Bill Sponsored by State Rep Kevin McCarthy, Senator Bill Blaine to Help Protect Homebuyers

(Chicago, IL) –January 1, 2010. Governor Pat Quinn yesterday signed a bill into law to help protect Illinois homebuyers. The legislation, Senate Bill 1894, increases the education requirements for real estate agents in Illinois, expands an anti-predatory lending program, and helps towns clean-up foreclosed homes. “This important new law helps protect Illinois’ homebuyers from unscrupulous … Continue reading »

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