November 16, 2013 |
No Coke. No fries. No desire to change things. The Billy Goat Tavern has been a Chicago landmark for generations and a fixture under North Michigan Avenue for almost 50 years. And its owner wants to remain there, regardless of whatever redevelopment goes on above it. Sam Sianis, who runs the tavern and is the nephew of the Billy Goat's original owner, William Sianis, said he knew nothing of potential plans for a massive redevelopment disclosed Monday that would involve replacing the Realtor Building, on property located above the Goat.
September 19, 2013 |
Sales of previously owned homes rose in August, reaching the highest level in more than six years, according to a new report. Sales of existing single-family houses, townhomes, condos and co-ops climbed 1.7% on a seasonally adjusted annual rate from July, the National Assn. of Realtors said Thursday. August's rate of 5.48 million units is 13.2% ahead of the same month a year ago. The median sale price for resale homes rose 14.7% from last year to $212,100, the biggest year-over-year gain since the bubble days of 2005.
September 16, 2012 |
WASHINGTON — The National Assn. of Realtors, a political heavyweight with a million-plus members, has embarked on two initiatives to ensure that when key votes are taken at all levels of government, the Realtors' point of view will be heard loud and clear. As part of a broader consumer outreach strategy, the Realtors group for the first time will engage consumers directly through emails and browser ads that introduce the association as their ally in homeownership. The group also has launched a novel political-campaign school to help elect members to office on the local, state and national levels.
June 22, 2012 |
Sales of existing homes slid 1.5% in May compared with April but were up substantially from a year earlier, and property prices climbed, the National Assn. of Realtors said. Last month, resales slipped to a seasonally adjusted annual rate of 4.55 million, down from 4.62 million in April but up 9.6% from May 2011, the group said. The median price soared to $182,600, up 7.9% from a year earlier, marking the third consecutive month with a year-over-year gain — the first trifecta since 2006.
December 22, 2011 |
The National Assn. of Realtors has revised sharply downward the number of homes it calculated were sold from 2007 to 2010, revealing a much weaker housing market than it had estimated. For 2010 alone, the trade group revised its estimate of home sales 14.6% lower than what it had previously reported — to about 4.2 million homes. Overall, sales and inventory reported by the group were reduced by 14.3% for 2007 through 2010, the association said Wednesday. The group gave several reasons for the revisions, including some sales that had been counted multiple times.
November 11, 2011 |
It's the silver lining of falling home prices: With low interest rates and cheaper housing, the percentage of Californians who could afford to buy a home increased in the third quarter, a real estate group said. The portion of households that could afford a home priced at the statewide median of $292,120 rose to 52%, up from 51% in the previous quarter, according to an index released Thursday by the California Assn. of Realtors. Beth L. Peerce, president of the group, said that one problem potential home buyers could face is tight credit.