Index: Chicago home prices rise 3% in April
Average home prices in the Chicago area rose almost 3 percent in April, the first real monthly improvement for the local housing market in eight months, according to a widely...
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As housing warms up, appraisers feel the heat
Home appraisals were difficult to do during the housing market downtown because there weren't enough recently sold comparable homes to help determine a property's value. Now the local housing has...
As housing warms up, appraisers feel the heat
Home appraisals were difficult to do during the housing market downtown because there weren't enough recently sold comparable homes to help determine a property's value. Now the local housing has...
Chicago-area home prices up 8.2% from year ago
More homes were sold in the Chicago area in May than in any month since August 2006, according to monthly sales figures released Thursday. Sales volume of existing single-family homes...
Foreclosure grace period law is extended
Ill. Gov. Pat Quinn on Thursday signed legislation that extends a law giving struggling homeowners more time to save their homes from foreclosure.The Illinois Homeowner Protection Act, which offer certain...
Most major loan servicers not complying with mortgage settlement
Four of the five largest mortgage servicers are failing to comply with key aspects of a national settlement designed to improve how struggling borrowers are treated, a report released Wednesday...
Larger homes are the next big thing, again
Homes are getting bigger again. About 483,000 single-family homes were built last year, and 41 percent of them had at least four bedrooms. Thirty percent of them had at least...
Larger homes are the next big thing, again
Homes are getting bigger again. About 483,000 single-family homes were built last year, and 41 percent of them had at least four bedrooms. Thirty percent of them had at least...
6-week rise sends mortgage rates near 4%
The average interest rate on a 30-year, fixed-rate mortgage loan moved ever closer to the 4 percent mark, posting the sixth consecutive weekly increase in that popular mortgage product.Freddie Mac...
CoreLogic: Homes underwater increase in Chicago area
Rising home prices have enabled more homeowners to regain equity in their homes, but the good news doesn't extend to the Chicago area. Some 34.2 percent of homes with a...