The Home Front

By Don DeBat Chicago’s North Side home buyers will continue to pay more, and should “act quickly” this summer to grab their share of the American Dream. That’s the advice of 26-year veteran Baird & Warner real estate broker May Jo Nathan, author of the “Chicago North Side Market Report.” The exclusive survey analyzed 2nd quarter April through June of 2026 single-family home and attached townhome and condominium sales in nine neighborhoods—Edgewater, Lake View, Lincoln Park, L

By Don DeBat The slow-moving, on-going creep of gentrification in Chicago neighborhoods can be disruptive to apartment renters who are being priced out of their long-term family digs. Gentrification can be disruptive, but it is not always a dirty word. Real estate experts say the current problem of gentrification isn’t severe enough to warrant radical remedies that would end up hurting the people the fixes are meant to help. Affordable housing advocates complain that gentrifi

By Don DeBat There’s a new Fed Sheriff in town, and analysts say home buyers’ hopes and dreams for lower mortgage rates in 2026 likely will remain in interest-rate jail. In his first Federal Open Market Committee meeting on June 17th, President Donald Trump’s newly appointed Federal Reserve chairman Kevin Warsh made it clear there is a new game being played at the central bank. The Fed held the key federal-funds rate at a range of 3.50% to 3.75%. It was the fourth consecutive

By Don DeBat For thousands of Illinoisans, an HOA turns the American dream into ‘condo jail.’ To combat board abuse and financial mismanagement, state lawmakers are weighing new bills to protect frustrated owners in ‘Condoland.’ Buying a condominium or homeowners association (HOA) property in Illinois can sometimes feel like entering “condo jail.” Board abuse, breach of fiduciary duty, and a lack of transparency are widespread complaints. Because there is currently very littl

(Above) While 87,000 Cook County taxpayers remain stranded by a system-wide software backlog, Tyler Technologies Chairman John Marr celebrates corporate success by ringing the closing bell at the New York Stock Exchange on February 3, 2026. The Texas firm’s unresolved county tech contract has left an estimated $46 million in local refunds bottlenecked. (AP Photo/Richard Drew) By Don DeBat While tens of thousands of Chicago property owners are reeling from soaring taxes, some

FreddieMac interest rates as of 3/12/26 By Don DeBat With spring’s cloudy skies overhead and rain or snow in the forecast, Chicago’s North Side home-resale market remains in a quagmire in early 2026. One veteran Near North Side/Gold Coast broker simply described the current home-resale activity as “a see-saw market.” The March 2026 Baird & Warner Market Analysis, covering the key North Side neighborhoods of Near North/Gold Coast, Lincoln Park, Lakeview and North Center, close

Cook County Assessor Fritz Kaegi (left) and Sen. Javier Cervantes. By Don DeBat Cash-strapped senior citizens in Chicago and Cook County must be rattling their walkers in unison this month, and eagerly casting absentee ballots from wheelchairs and rocking chairs. All their applause and votes are directed to Cook County Assessor Fritz Kaegi, who is joining with community groups, the clergy, and wise members of the Illinois General Assembly, calling for easier access to propert