Palatine IL real estate listings and homes for sale, home buying, home selling information – Selling Sisters Inc. - Homepage , Sherri Esenberg, Debbie Skach, Lake Zurich Real Estate, Breast Cancer

Citadel to invest up to $100M more in E*Trade

6/17/2009 9:23 AM

(AP) — E*Trade Financial Corp. said Wednesday it plans to raise $400 million in common stock, with Citadel Investment Group purchasing up to $100 million of the offer...Read More

AG Madigan sues American Escrow for skipping clients’ tax payments

6/16/2009 4:07 PM

(Crain’s) — Illinois Attorney General Lisa Madigan has sued a Chicago-based independent escrow company that went out of business in March without paying taxes on behalf of homeowner clients around the country. Ms. Madigan, working with the Illinois Department of Financial and Professional .....Read More

Chicago-area home sales fall 22% in April

5/27/2009 10:44 AM

(Crain's) — Chicago-area home sales fell more than 22% in April compared with last year but increased over the previous month for the third straight time, according to the Illinois Assn. of Realtors. Mortgage rates at record lows and incentives such as the federal homebuyer tax credit aided .....Read More

County to lower home assessments

5/11/2009 4:17 PM

(Crain’s) — Residents in some suburban Cook County townships will see a reduction in the assessed value of their homes as the tax system catches up with the real estate downturn. But because tax bills are paid in arrears, it won’t be known if homeowners will see any benefit until next .....Read More

Heritage Bank second to fail in Chicago

2/27/2009 9:26 PM

(Crain’s) — Heritage Community Bank in south suburban Glenwood is now the second Chicago-area bank failure of 2009. The Federal Deposit Insurance Corp. announced late Friday that the bank, which has $232.9 million in total assets and $218.6 million in total deposits, was closed by the .....Read More

South Loop condo cool-down seen in '09

1/5/2009 6:18 AM

The downtown Chicago condo market is bad all over, but it's worse in the neighborhood that was hottest during the building boom: the South Loop. Builders will complete 2,147 condos in the South Loop this year, a 66% increase over 2008 and nearly half the total for all of downtown Chicago, .....Read More

Local banks tap federal bailout fund

12/23/2008 5:33 PM

(Crain's) — Marquette Bank and Bridgeview Bank Group have been approved for federal equity infusions under the Treasury Department’s financial rescue program, making them the first privately owned banks in the area to get federal bailout funds. Marquette Bank on the city’s Southwest Side .....Read More

Suburban homebuilder's troubles deepen

11/30/2008 5:25 AM

Lenders are turning up the pressure on Pasquinelli Homebuilding LLC, another local developer buffeted by the housing crisis. In recent months, Park National Bank has filed foreclosure lawsuits on Pasquinelli projects in Kane County and in South Carolina, alleging the Burr Ridge-based homebuilder .....Read More

Condo sales fall to a 7-year low

11/10/2008 6:14 AM

The downtown condominium market took another turn for the worse in the third quarter, as developers sold the fewest condos in a three-month period since the aftermath of the Sept. 11 terrorist attacks. Buyers signed contracts for only 160 condos and townhouses in the quarter, down 82% from the .....Read More

Real estate slump shelves suburban spruce-up

10/13/2008 6:45 AM

Lake Zurich officials hailed the May 2006 groundbreaking of a 39-unit townhouse project as a key first step in a $200-million plan to redevelop the northwest suburb's downtown. Now, with the once-booming housing market gone bust, what's left behind is a half-finished complex and a developer .....Read More