Index shows a rise in Chicago home prices for fourth month
Homes prices in the Chicago area rose for the 4th consecutive month in June but remain below their year-ago level, according to a widely watched industry index released Tuesday. The...
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A new take on impact of foreclosures on home values
There's good news and bad news to be found in the latest research regarding the effect of foreclosed homes on neighborhood property values. The upside is the financial dents that...
Chicago still playing catch-up in housing recovery
Two new reports issued Thursday show a Chicago housing market that is trying hard to stabilize but its efforts are far behind the nation as a whole. The percent of...
Chicago-area home sales up in July, but prices slip
Sales of existing homes in the Chicago area rose again in July but, after two months of gains, the year-over-year median selling price fell. Last month, 8,551 homes sold in...
Chicago-area home sales beat comparisons, but prices can’t keep up
Sales of existing homes in the Chicago area posted another year-over-year gain in July, but the median selling price didn't keep pace and fell after two months of improvement. Last...
Energy retrofit program goes residential
Programmable thermostats, high-efficiency light bulbs and low-flow shower heads won't lower the average age of residential buildings in Chicago below the current 83 years, but technology can get those buildings...
Energy retrofit program goes residential
Programmable thermostats, high-efficiency light bulbs and low-flow shower heads won't lower the average age of residential buildings in Chicago below the current 83 years, but technology can get those buildings...
Mortgage rates inch up for third week
Mortgage rates have ticked upward for a third consecutive week, reflecting recent reports that show a gradually improving economy.Those reports moved long-term Treasury yields higher, which in turn, affected mortgage...
Chicago Mayor Rahm Emanuel opposes eminent domain mortgage concept
Mayor Rahm Emanuel said Tuesday that he does not support using eminent domain to seize underwater homes to refinance those mortgages at more affordable terms. He made the statement as...
Emanuel: Eminent domain not ‘the right instrument’ to address underwater mortgages
Mayor Rahm Emanuel said Tuesday that he does not support the idea of using eminent domain to seize underwater homes and then refinance those mortgages to more affordable terms.He made...