Appeals On Horizon As 2014 Real Estate Bills Expected To Rise 2.8%
It’s property-tax time again in Chicago and Cook County, and like death, higher real estate taxes are inevitable in the Windy City. Tens...
What’s The Road Map For New Condo Development In 2015 And Beyond?
Like stock-market investors sitting on the sidelines, major downtown Chicago condominium developers are scratching their heads and...
Cabrini Green Was The North Town Neighborhood Before World War II
Now that the once sprawling and infamous Cabrini Green public housing project has vanished into the sands of time, developers are busy...
Will Rising Resale Prices Lure Millennials Into The Spring Market?
With residential resale prices in Chicago rising at a double-digit clip, experts say it won’t be long before the Millennial generation...
Chicago’s Revenue Needs Say It’s Time To Open A Casino, But Where?
With Chicago’s bond rating down to junk levels and the city going broke, is a downtown casino a gamble? Or is it a sure way to raise the...
Luxury Home Sales On A Roll, But Interest-Rate Creep Is On The Way
Million-dollar-plus homes and condominiums sold at a fast clip in Chicago in early 2015, but the threat of higher mortgage interest rates...
Hefty Condo-Doc Fees Questioned By Realtors And Data-Analysis Firm
Are Chicago condominium buyers and sellers being gouged by greedy management firms who jack up the price of mandatory documents and...
Rebounding Home & Condo Prices Put Cash Back Into Owners Pockets
Thousands of Chicago homeowners are slowly regaining real estate value lost during the Great Recession, expert say. Single-family homes...
Is Your Condominium Association Run By An Abusive ‘Bully Board’
“Bully boards” are so prevalent in the world of condominiums that the term is commonplace among community association property managers...
Home-Sharing Fad Bends Apartment-Lease And Condo Rules In Chicago
Ever since Mayor Rahm Emanuel declared Chicago a world-class city and invited 50 million tourists to visit us every year, there has been...
Millennial Generation To Lead Nation Into The Next Housing Boom
The Millennial Generation—all 89 million of them—will be the catalyst to lead the nation’s housing market into its next boom. That’s the...
Millennials Are Renting While Homeownership Skids To 64.1 Percent
With the rental apartment market booming, homeownership in the Chicago area in 2014 skidded to its lowest level since 1995, according to...
Chicago’s Upscale Areas Posted Higher Home & Condo Prices In 2014
Luxury single-family homes and condominiums were in high demand and sold for top dollar in 2014 in Chicago’s most upscale...
New Condominium-Buying Video Helps First-Timers Rate Future Home
Buying a condo is a lot like buying a car, especially for novice first-time purchasers, real estate experts say. “You may fall in love...
Wealthy North Side Buyers Scooped Up Mansions & Penthouses In 2014
Luxury home sales boomed on the North Side of Chicago in 2014 as wealthy buyers rushed in to scoop up mansions, fancy townhouses and...
Mayoral Runoff Pits Bungalow Man Verses Connected Downtown Crowd
Airport noise, city-employee pensions, sagging bond ratings, closed schools, red light camera tickets, and the city catering to connected...
Apartment Renters Now Outnumber Homeowners In The Chicago Area
Homeownership once was called the American Dream, but Chicago’s downtown apartment building boom has created a spike in renters, putting...