Mary Ellen Podmolik

Lincolnwood-based Galaxie Lumber & Construction Co., a family owned player in the local remodeling industry since 1984, is seeking to liquidate under the federal bankruptcy code. The firm, which marketed...

The winning streak continues for consumers looking to purchase homes or refinance their existing mortgages, as average mortgage interest rates hit another record low this week.The average rate for a...

A well-capitalized company in the fast-growing business of turning foreclosed homes into rental properties has purchased its first property in the Chicago area. Waypoint Homes, of Oakland, Calif., last week...

Homeowners' efforts to refinance their existing mortgages hit a three-year high as consumers rushed to take advantage of still-record low interest rates.While mortgage applications for home purchases fell 3 percent...

During a typical week last year, 276 Chicago apartments were in buildings that fell into foreclosure, creating upheaval for families who were unsure how long they'd be able to stay...

The Cook County Board on Tuesday approved the formation of an advisory committee to investigate the establishment of a land bank, and MarySue Barrett, president of Metropolitan Planning Council was...

Local realty executives aren't quite ready to call a bottom to the Chicago area's housing market but Zillow is. The real estate website has decided that the Chicago area's housing...