Mary Ellen Podmolik – Page 11

A recent report found that compared with homes occupied by homeowners, the rental population is younger and more diverse.

Chicago’s single-family rental market going strong

May 20, 2019 at 7:29 a.m.

The single-family-home rental market remains on a tear that's expected to continue this year, despite low mortgage rates, slower home price growth and revised government-backed mortgage requirements that could drive...

Chicago’s problem landlord list has problems of its own

June 15, 2018 at 11:59 p.m.

The 25-unit apartment building that hugs a corner in Chicago's West Garfield Park neighborhood failed almost 50 inspections during a nine-year period. In late January, the building and its owner...

3-D technology puts virtual spin on selling homes

May 25, 2019 at 1:48 p.m.

Today's gamers and Pinterest fans are tomorrow's home shoppers, and technology, real estate and retail firms are coming together to capture the market. In the not-too-distant future, bad home listing...

Chicago home price index shows slowing recovery

June 15, 2018 at 11:01 p.m.

Home price appreciation in the Chicago area and across much of the country continued to lose steam in December, adding to concerns about a faltering housing market as a new...

Carlos Calcano, left, and Joannie Mendez share a drink at Lucky Strike bowling lanes in Chicago.

Entertainment venues hope for strike in Streeterville

June 16, 2018 at 12:00 a.m.

The latest example of bowling's evolution is taking shape not on a lane, but on Illinois Street in Chicago's Streeterville neighborhood. On one block, Lucky Strike Entertainment is undertaking an...

Homeownership rate declines in Chicago area

June 16, 2018 at 6:59 p.m.

A lot of Chicago-area residents traded mortgages for rent in 2014. The percentage of Chicago-area residents who owned their homes last year fell 6 percent, according to Census Bureau data...

The number of suburban homes sold in February decreased 1.3 percent from a year earlier, but the median sales price rose 12.5 percent, to $175,000.

Chicago homebuyers have fewer options, paying more

June 16, 2018 at 6:47 p.m.

A decline in the number of homes for sale in January meant yet another month of higher prices and decreased sales activity in the Chicago area. Existing-home sales in the...

Andrew Berlin gets a hug from Swoop, the South Bend Silver Hawks mascot, at Coveleski Stadium, now called Four Winds Field at Coveleski Stadium, in South Bend, Ind.

Strong sense of team keeping Andrew Berlin in the game

June 16, 2018 at 12:31 a.m.

Editor's note: This story was originally published May 21, 2012. Andrew Berlin confirmed Friday he is purchasing a small stake in the Chicago Cubs. Berlin owns the Cubs' Class A...

Although homes were more affordable during the last quarter, higher interest rates could turn things around.

Home affordability improves, but higher rates may hurt buying power

June 16, 2018 at 7:01 p.m.

Slowing home appreciation and lower mortgage rates helped push up home affordability in the Chicago area at the end of 2014 — but that was then and early 2015 may...

There are many factors to consider before deciding whether a reverse mortgage is right for you.

Weigh pros and cons of reverse mortgages for your situation

May 25, 2019 at 1:48 p.m.

Reverse mortgages are in the headlines again — and again, sometimes for the wrong reasons. The attention being paid to the loan product, which lets seniors 62 and older borrow...

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