Mary Ellen Podmolik

Army Staff Sgt. Frank Treto was one of more than 1,800 people who bought a house in Chicago last month. Nudged into the home-buying process last summer by the federal...

For some people, the home-shopping process requires multiple showings, hand-wringing and sleepless nights. Give Jim "Mack" McClelland 15 minutes and he will have noted a home's curb appeal and neighborhood,...

This is a tale of two southwest suburban communities along Illinois Highway 59 and their different approaches to luring homebuilders back within their borders. In Shorewood, village officials have decided...

This is a tale of two southwest suburban communities along Illinois Highway 59 and their different approaches to luring homebuilders back within their borders. In Shorewood, village officials have decided...

Almost 15,000 Illinois homeowners lost their homes to foreclosure in the year's first three months, twice as many as the number that went back to lenders during 2009's first three...

More than a dozen community groups are expected to rally Monday at the James R. Thompson Center, calling for a $1,000 fee on judicial foreclosure sales in Illinois that would...

Owners of 96,000 two- to six-unit rental buildings in Cook County are upside-down on $12.6 billion of mortgage debt, potentially putting 42 percent of small rental buildings in the county...

A lot of homeowners have been seeing, for the first time, a reduction in the assessed values of their properties as county assessors take into account the housing market's extraordinary...

A lot of homeowners have been seeing, for the first time, a reduction in the assessed values of their properties as county assessors take into account the housing market's extraordinary...

It's not just homebuyers that have to have the vision to picture themselves in a certain property. Builders do, too, and there's an awful lot of that going on right...