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...