Morning minute: Delinquency declines nationwide, drop in office space vacancies seen in Chicago

Fannie, Freddie report delinquency declines in February

News of decline seen as another positive sign that housing market is beginning to rally; mortgage settlement may add to decrease.  (Chicago Agent)

Downtown real estate vacancies fall to 14.9 percent, CBRE Inc. says

“Big tenants are starting to make decisions, says CEO of Prime Group Realty Trust. Some interest seen returning in longer-term leases. (Chicago Real Estate Daily)

Other news of interest:

  • Need a vacation home? Sales increasing according to survey by NAR. (Chicago Agent)
  • Coldwell Banker Honig-Bell recognizes five for sales excellence. (Herald and Review)
  • Champaign’s city leaders will sell four properties as surplus real estate. Proceeds from the sale of the vacant properties will go to a Urban Renewal Fund. (Daily Illini)

 

 

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About Jon Broadbooks

Jon Broadbooks is Vice President/Communications for Illinois REALTORS®. He serves as editor of online and print content for the association's communications including the Illinois REALTOR® magazine and e-newsletters. He conducts spokesperson training seminars and oversees website development for the Association.

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