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 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

(Above) 2026 North Kenmore Avenue, a renovated 10-bedroom, 10-bathroom home listed at $9.995 million – currently the highest MLS listing price in Lincoln Park. It features a five-car garage and a coach house that, according to the listing agent, could be converted into a basketball court. (Photo: MRED/Chicago MLS Pro) By Don DeBat North Side single-family median home price hits $1.55M as supply evaporates While sales fell 15 percent in Q1 2026, the North Side’s dwindling supp

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

(above) President Donald Trump By Don DeBat A Chicago home buyer or mortgage borrower seeking to refinance in 2026 likely is wondering why the hard-working head of the Federal Reserve Board is being kicked around like a political football. It might be President Donald Trump doesn’t like that Fed Chairman Jerome Powell and other knowledgeable board members are slow to react to his bullish demands for lower interest rates. In fairness, previous U.S. presidents have grumbled abo