Vranas Properties

The Federal Housing Administration (FHA) has again postponed the termination date of the spot approval process for condominiums...

"Vranas Properties worked tirelessly to sell our property. They were organized and efficient and thorough in their efforts. I would recommend Vranas without exception. Thanks again" 11/21/09 Dr. Jeff Kraig, Austin Paul Vranas Vranas Properties Trusted Agents. Professional Service.

Rarely do we see information published reporting the number of homes that are sitting unoccupied. Reporting on the decline of new home construction, Wall Street Journal reporter Mark Gongloff explored occupancy rates for homes nationwide...

For the 21st month in a row, unemployment rose again this past October in the "Land of Lincoln". The Associated Press sought out a ray of sunshine by reporting that the rate continues to grow at a slower pace. The last time the great state of Illinois saw unemployment this...

With our consistent rapid fire reporting on Chicago's Real Estate Market, you may get the impression that we are all work and no play here at Vranas Properties. From our Leisure department here at corporate HQ, we are excited to share with you that Friday 11/20 marks the opening of...

15,000. That's the number of cameras that are estimated to be linked up in the Chicago Police Department's fiber optic video network, otherwise known as "Operation Virtual Shield"! The Wall Street Journal reports that: "The system is too vast for real-time monitoring by police staffers...

Many of our clients are looking to buy a home to take advantage of low prices, low mortgage rates, home buyer tax credits and 3.5% down payment requirement that are unique to today's real estate market. Besides unemployment, one of...

While national foreclosure rates decreased in November, Illinois had record number of foreclosure filings. Based on data provided by Realty Trac, The Chicago Tribune reported that initial default notices were sent to 12,659 Illinois homeowners in October. Given the 9...

For the past several months there have been a steady stream of headlines touting the fact that the Pending Home Sales Index (PHSI) was rising both month-over-month and year-over-year. The PHSI tracks changes in the number homes that are under...

The House and Senate have both passed a bill that is set to expand and extend the original first time home buyer tax credit. The White House expects the President to sign the bill into law. The Associated Press reports...

This Saturday, Chicago’s new 872 area code will be activated. ...

November 1 marked the 10 Year Anniversary of the passing of Walter "The Sweetness" Payton. Donning the now retired #34 on the field, Payton brought tremendous excitement to Chicago Bears fans during his career. A lifelong Bear, Payton took the...