April sales of existing homes and condominiums in the Chicago area rose dramatically from their year-ago pace, and home prices showed some stability last month as well.

After the first quarter of 2012 drew to a close, people have been buzzing about all sorts of data which have shown such impressive sales activities and price increases all over the state of Florida.

A developer pleaded guilty in US District Court for his role in a mortgage fraud scheme related to multiple condominiums sales in Massachusetts. Robert H. Odimegwu, 43, was convicted Thursday in federal court after admitting to 17 counts of wire fraud and money laundering related to the scheme, the US Attorney’s Office said. He faces decades in prison and a $250,000 fine for each count of wire ...