The Home Front

(Above) U.S. Federal Reserve Chair Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting at the Federal Reserve on December 10, 2025, in Washington, D.C. Photo by Sha Hanting/China News Service/VCG via AP. With the Fed’s recent rate cut to 3.5-3.75 percent, prospective home buyers in Chicago face a challenging housing market, as inflation and political turmoil inflate costs. Expect mortgage rates to remain above 6 percent into 2

Chicago homeowners are getting soaked by rising property taxes. By Don DeBat Chicago and Cook County’s brainy real estate tax experts are pointing fingers of blame while trying to explain the perfect storm. When tens of thousands of Chicago homeowners realized that their median property tax bills catapulted 16.7 percent in a single year, reality hit them between the eyes. Experts say the tax wave tsunami was caused by the financial death dance between fat-cat downtown commerc

Homeowners in Chicago are reeling from unprecedented property tax increases, leading many to contemplate selling their homes and moving to rental apartments. By Don DeBat Financially squeezed and apparently abandoned by local government, the North Side’s senior fixed-income property owners are wondering if they will have to sell their homes and move to rental apartments or out of state in 2026 to avoid foreclosure and bankruptcy. On November 14, after months of uncertainty an

Photo by Roman Novitsky Cook County property owners faced a delay in their second installment of the 2024 real estate tax bill, which was mailed out on November 14 instead of the usual August 1. The delays stemmed from the upgrade of the property tax system. By Don DeBat Are you one of the 1.8 million Chicago and Cook County property owners who is wondering why the second installment of the 2024 real estate tax bill wasn’t mailed until November 14 instead of the usual August

Photo by Lev Dolgachov New legislation raises the income eligibility threshold for the Low-Income Senior Citizens Assessment Freeze from $65,000 to $75,000, providing much-needed tax relief to senior homeowners in Cook County starting in 2026. By Don DeBat Chicago and Cook County senior homeowners likely will soon be jumping out of their wheelchairs and doing happy cartwheels thanks to an increased property tax break. On October 23, the Illinois General Assembly passed legisl

(Above) City workers remove water from Lower Wacker Drive near Randolph Street after overnight flooding on May 18, 2020. Ashlee Rezin Garcia/Chicago Sun-Times via AP. By Don DeBat The once extremely profitable Illinois property insurance industry literally is blowing in the wind and battling a rising tide of property damage from weather extremes nationwide. Billions of dollars in losses sparked by California wildfires and forest fires in western states – and an unprecedented

(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

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

The Chicago Park District’s new master plan for Grant Park threatens to overlook the city’s rich 16-inch softball history, pushing the...

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

The evolution of 16-inch slow-pitch Chicago-style softball is filled with unique strategies, like the creative ‘shuffle’ technique and...

(Above) Driver Shane van Gisbergen competes in a NASCAR Cup Series race at Grant Park on July 6 (AP Photo/Erin Hooley). Residents and...