Mary Ellen Podmolik

"Absolutely not." That was the instant, and emphatic, answer to a simple question I posed to Nick Kopley. The question was whether Kopley, who heads a multifamily property management and...

"Absolutely not." That was the instant, and emphatic, answer to a simple question I posed to Nick Kopley. The question was whether Kopley, who heads a multifamily property management and...

Mortgage applications for home purchases plummeted last week in a worrisome sign that consumer interest may have fizzled with last months' expiration of an $8,000 homebuyer tax credit. The Mortgage...

Expectations were high late last year when community groups on Chicago's Southwest Side began a pilot program with Bank of America to help speed troubled homeowners into more affordable mortgages....

Like a lot of residential real estate agents, Sam Valadez handles all kinds of transactions these days, whether they be foreclosures, short sales or the good old-fashioned traditional home sale....

Like a lot of residential real estate agents, Sam Valadez handles all kinds of transactions these days, whether they be foreclosures, short sales or the good old-fashioned traditional home sale....

Illinois homeowners received more mortgage default notices in April than in any month since October, and more than 75 percent of those filings were in the six-county Chicago area. Some...

An expiring tax credit brought more buyers into the market this spring, but that didn't mean home sellers profited handsomely from the increased demand. Forty percent of all homes sold...

In a bid to keep their businesses afloat, large suburban homebuilders have shrunk the size of the houses they're building and limited the number of custom options. Their penny-pinching now...

Three years after making their first trip to Chicago, Ty Pennington and ABC's "Extreme Makeover: Home Edition" want to surprise another deserving local family with a home that better fits...