Mary Ellen Podmolik – Page 7

Chicago Spire landowner boosts affordable housing portfolio

June 15, 2018 at 6:33 p.m.

A 628-unit affordable apartment building in Chicago's Old Town neighborhood will receive a multimillion-dollar upgrade after its $86.5 million acquisition by Related Cos. The fully leased Marshall Field Garden Apartments...

Long road ahead for Chicago area’s new-home market

May 20, 2019 at 7:33 a.m.

Existing-home sales are seeing a healthy bounce in the Chicago area. Homebuilding, though, still has a way to go. There are relatively good new-home markets and bad markets, and then...

Homeownership rate hits 22-year low

April 5, 2019 at 7:06 p.m.

It's becoming a familiar pattern, one that's not good news for home sellers and builders. The share of people who owned a home at the end of March slipped again,...

One of three homes for sale on a block in Wheaton in July 2014.

Chicago home prices changed little in February

June 15, 2018 at 6:28 p.m.

Home prices in the Chicago area did little more than tread water from January to February but remained ahead of their levels a year earlier, according to a widely watched...

Chicago sells another 176 vacant lots for $1 each

June 15, 2018 at 6:50 p.m.

Chicago removed another 176 vacant lots from its rolls Friday, selling them to residents of the East Garfield Park neighborhood for $1 each. The transactions, part of the city's Large...

A new home under construction in August 2011 in Montgomery, Ill. Ryland Homes, one of the nation's largest homebuilders, is under contract to buy 130 acres in an unfinished subdivision in south suburban Matteson.

Ryland Homes seeks to move into Matteson, with rentals

June 16, 2018 at 5:43 p.m.

As one of the nation's largest homebuilders, Ryland Homes sold more than 7,600 homes in 17 states last year. Now it wants to become a landlord, in south suburban Matteson....

DeVry University runs nine campuses in the Chicago area. The for-profit DeVry Education Group will close 14 of its campuses as part of a turnaround plan, though the closings don't include the Chicago area.

DeVry to close some out-of-state campuses

June 16, 2018 at 6:01 p.m.

DeVry Education Group will close 14 of its campuses outside the Chicago area as part of a turnaround plan. The closings are part of a restructuring announced Thursday, as the...

Less than 20 percent of homeowners with a mortgage in the Chicago area owed more on their mortgage than their homes were worth in the year's first quarter.

1 in 4 Chicago-area mortgages still deeply underwater

June 15, 2018 at 7:06 p.m.

One-quarter of homes with a mortgage in the Chicago area, and almost 24 percent in Illinois, are "seriously" underwater, meaning homeowners owe at least 25 percent more on the loans...

A home for sale in the Andersonville neighborhood in Chicago.

Illinois and Chicago spring housing markets up 11.5 percent

June 15, 2018 at 7:47 p.m.

The Chicago area's housing market roared back to life in March, posting a double-digit gain in year-over-year sales of existing homes after eight months of ho-hum or declining performance. Last...

Green Tree homeowners may qualify for payments

June 15, 2018 at 7:29 p.m.

Homeowners whose mortgage payments were processed by Green Tree Servicing and in foreclosure before 2014 may be eligible for a portion of $48 million in refunds the company agreed to...

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