Real estate agents grapple with Illinois’ new gun law
At homes listed for sale this spring, a prospective buyer may notice the manicured lawn, the pot of flowers by the walkway, and possibly the state's official "no guns" sign...
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Mortgage rates rise slightly
Average mortgage rates continued to inch up slowly for the fourth consecutive week, according to Freddie Mac's weekly survey, released Thursday.On a 30-year, fixed-rate mortgage, the average interest rate was...
Existing Chicago-area home sales down 9% in January
January sales of existing homes in the Chicago area failed to beat their year-ago comparisons for the first time in 2 1/2 years, but a recovery of local home values...
Chicago Spire financing draws objection
An affiliate of Related Midwest is opposing the bankruptcy financing plan proposed by the Chicago Spire's developer, arguing that among other things, the funds carry a "pawn-shop like" interest rate....
Chicago Spire developer in deal to get Related Cos. bankruptcy financing
Related Cos. and the developer of the Chicago Spire have reached an agreement in principle under which Related will provide up to $1 million in bankruptcy financing to Shelbourne North...
The role of investors in post-foreclosure experience
Every housing market is unique, but a new study on Cleveland's recovery efforts may help guide local groups seeking to repair neighborhoods hard hit in the Chicago area and elsewhere...
The role of investors in post-foreclosure experience
Every housing market is unique, but a new study on Cleveland's recovery efforts may help guide local groups seeking to repair neighborhoods hard hit in the Chicago area and elsewhere...
Chicago foreclosures down 35% from a year ago
Foreclosure activity in the Chicago area rose about 3 percent in January from a month earlier but was down almost 35 percent from a year ago, according to RealtyTrac. Some...
Downtown condo market shows gains
It's a sweet time to be a condominium owner in downtown Chicago.With a lack of new product for sale, other than ultra-luxury units, appropriately priced condos are selling fast, and...
Mortgage rates remain flat
Average mortgage rates were little changed this week, Freddie Mac reported in its weekly survey.The average rate on a 30-year, fixed-rate mortgage was 4.28 percent, compared with 4.23 percent last...