Mary Ellen Podmolik

An upcoming auction of a Burr Ridge home isn't your typical property sale event. But then, Villa Taj isn't your typical suburban home. The 30,000-square-foot abode has not one but...

Officially, The Kirk Corp. was battling lender JPMorgan Chase in what Monday became a failed four-month effort to reorganize its operations under the protection of U.S. Bankruptcy Court. But the...

It's crunch time for anyone looking to buy a home and capitalize on the federal government's first-time home buyer tax credit. November 30, the deadline by which a home purchase...

You can expect to hear a lot more from the housing industry about the approaching expiration of the first-time home buyer tax credit now that Congress is back in session....

The last thing homeowners needed was more uncertainty about their mortgages but that's just what they got with the early August shutdown of Taylor, Bean & Whitaker Mortgage Corp. A...

As part of the record $2.3 billion federal settlement with Pfizer Inc., Illinois will receive more than $10 million for its Medicaid program and $1.3 million related to the Geodon...

In the movie "Field of Dreams" the phrase was 'If you build it, he will come.' For home builders today, it's not a statement but a question: If you build...

The federal government is trying to increase lender and consumer participation in a program that has allowed people like Neacy Parks on Chicago's Northwest Side and the Adamski family in...

If a real estate agent seems to size you up the next time you walk into an open house, don't take it personally. He or she would love to sell...

As a condo developer in a buyer's market, with competitors slashing prices and tossing incentives left and right, does it pay to stand your ground, apart from the pack? Belgravia...