The Home Front

Victorian home in Old Town (above) By Don DeBat The 2025 holidays may be only weeks away, but dark clouds still hang over Chicago’s North Side resale-home market, leaving gold-seeking prospective buyers wondering if they will find a lump of coal in their Christmas stockings. Through the third quarter the North Side residential market continued to struggle with the same year-long hangover headaches—limited listing inventory and strong buyer demand, which keeps pushing home pri

(Above) A coach house (left in photo) in Chicago’s Old Town neighborhood. Click on image to view larger version. ADU photos by Don DeBat. A new Chicago ordinance now allows Additional Dwelling Units, or ‘Granny Flats,’ to be built citywide, signaling a significant step toward addressing Chicago’s affordable housing shortage. By Don DeBat “Granny Flats” finally are rising out of their rocking chairs in Chicago, a world-class city that is desperate for construction of new affor

Economists predict that a recent quarter-point interest rate reduction by the Federal Reserve could lead to mortgage rates as low as 5.75...

Homeowners in Chicago and Cook County are left in limbo as the county struggles to finalize the 2024 property tax bills. Initially due on...

Apartment hunters in downtown Chicago may encounter sharply higher rents next spring due to a significant drop in new rental unit...

(Above) 2017 photo of a flooded Chicago Riverwalk. As recent monsoon-like rains inundate neighborhoods, Chicago homeowners are grappling...

(Above) Chicago’s Lakeview neighborhood, where median home prices increased 25.7 percent in July 2025, compared with July 2024, but home...

Dwindling inventory and strong buyer demand pushed the median sales price of an attached home on the North Side to a new record. By Don...

(Above) Cook County Assessor Fritz Kaegi (left in photo) and Lyons Township Assessor Patrick Hynes. Cook County Assessor Fritz Kaegi is...

Home loan interest rates have dipped for five straight weeks, with the average 30-year fixed mortgage now at 6.67 percent. This decline...

The Chicago North Side home resale market has transformed into a tense battleground, with buyers scrambling to secure properties as...