Home prices losing ground in Chicago area
Chicago-area homes prices continued to lose traction in October, posting a second consecutive monthly decrease, according to a widely watched index. The 1 percent decrease in area home prices in...
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Rent hike: Chicago-area landlords took in $14.3 billion in 2014
The trend toward renting instead of buying a home trickled down to the bottom line for landlords this year, as more than $14.3 billion in rent was paid in the...
Investors find fewer bargains in Chicago housing market
By one estimate, institutional buyers that acquire distressed homes and convert them into rentals bought about 9,500 properties in the Chicago area in a 32-month period that ended in August....
Streeterville condo-rental building wins Plan Commission OK
Related Midwest's proposal to construct a hybrid residential tower in Chicago's Streeterville neighborhood won the backing of the Chicago Plan Commission on Thursday, but the project's scope has been retooled....
Bright spots in Chicago’s housing market for 2015
It's almost time to take down the 2014 calendar and hang up a new one in its place, one that's empty except for plenty of expectations of what the new...
Short-sale tax break heads to Obama
Financially strapped homeowners who sold their home this year in a short sale or received a loan modification that includes a principal reduction appear likely to benefit from the same...
Trump may get more condo neighbors
A high-priced condominium development may be headed to North Wabash Avenue, just north of Trump International Hotel & Tower. Belgravia Group is in negotiations with Waterton Associates to secure the...
Suburban apartments tout fringe benefits
Suburbs that have long thought of themselves as bucolic communities filled with houses and families are warmly embracing the very type of residence that used to make them leery: the...
Affordable housing advocates say proposal falls short
Affordable housing advocates gathered at City Hall on Wednesday morning ahead of the Chicago City Council meeting to complain that the city's latest effort to preserve and increase the supply...
Bill headed to Quinn would bolster condo owners’ rights
It's taken years of work and negotiation but a bill headed to Gov. Pat Quinn's desk attempts to mollify what can be an acrimonious relationship between condominium owners and their...