Quick Takes: National housing settlement to be filed soon

HUD Secretary: “Robo-signing” settlement to be filed
In a stop in Chicago this week, Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development (HUD) said the $25 billion multi-state mortgage settlement could be filed this week, leaving states and the nation’s top banks to begin the process of identifying potentially eligible homeowners, the Chicago Tribune reports.

Sold! The house made famous in “Home Alone” 
The Winnetka house from the “Home Alone” movies sold for $1.585 million, CBS 2 reports.

Rockford home sales rise in February
February home sales rose in the Rockford area for the ninth straight month. Of the 213 homes sold, approximately half of those were either a short sale or a foreclosure, WIFR reports.

Rockford Area REALTORS® CEO Steve Bois credits the increase in consumer confidence as one of the reasons for the increase in home buyers and says the warm weather should only help move more houses off the market.

This entry was posted in Consumer Information, Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Associate Editor for the Illinois Association of REALTORS®. She serves as Associate Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.