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On an afternoon in late May, Chicago real estate agent Gary Lucido, president of Lucid Realty, glanced at the chicagohousingstats.com website. Among the stats grabbing his attention was one showing Chicago-area home prices had fallen 27.3 percent from...
A short sale is anything but an easy real estate transaction for sellers. It requires more work, often involves negotiators, and is characterized by the seller asking the lender to make a concession to allow the sale to proceed. But there is good...
Tags: Property, Stock Broking, Boston, Justice System, Foreclosures
Clout StPosted by John Byrne at 2:27 p.m. Mayor Richard Daley today defended White House social secretary Desiree Rogers, who's leaving the job after being criticized for an incident where two uninvited guests crashed a state dinner in November. It wasn't......
Change of SubjectText version of a portion of The United States of America v. Rod Blagojevich and Robert Blagojevich: Government's evidentiary proffer supporting the admissibility of co-conspirator statements (.pdf) alleging that Patti Blagojevich was paid for doing no...
Homeowners can't help but question what's happened to the value of their biggest investment, their homes, when they see the data released every month on the housing market. Just last week, the National Association of Realtors reported that in April,...
Tags: Values, Property, Florida, Vehicles, Entertainment
Special to the TribuneHer home has sat on the market three years, a testament to just how tough it can be to move a higher-priced residence in this downturn. But Nancy Mitros, who owns the house in Flossmoor, doesn't blame her real estate agent. Quite the opposite: She's...
Tags: Norwood Park, Marketing, Property, Homes, Real Estate
Variously known as "taking back a mortgage" or "holding the paper," private financing is often heralded as the easiest and fastest way to sell a house, especially in a slow market. Of course, if you need the proceeds from the sale of one house to buy...
TRIBUNE REPORTERLost among the bad news of home foreclosures and the subprime-mortgage crisis is a ray of light in the world of real estate: Now is a fine time to be a landlord. Industry observers say a growing number of people are hesitant to buy a home in a falling...
Special to the TribuneDeb O'Dell is a working mother of two who has been renting since her divorce several years ago. "I initially did feel that I had missed the housing boom," she says admits of her first years in the two-bedroom 1,200-square foot Oswego home she shares with...
The rent is going up. I don't know of a gentler way to put it. Apartment rents should increase 2 to 11.5 percent this spring, according to a survey by the Chicagoland Apartment Association, a trade group for landlords. That's a huge range, reflecting...
Much to their chagrin, many buyers, sellers and owners are finding that their homes aren't worth what they thought. At least not in the eyes of the professionals hired to tell lenders what the places could fetch if borrowers failed to make their payments....
Tags: Values, Marketing, Property, Chicago Tribune, Real Estate
It used to be that "buyer's remorse" was the No. 1 deal killer. Not anymore. Buyers still get cold feet. Frequently, it's nervous rookies who have never made such a large purchase -- often at the urging of well-meaning parents who scream "You're paying...
Jun 26, 2010 |Story| Chicago Tribune
Jun 23, 2010 |Story| Chicago Tribune
Mar 3, 2010 | Chicago Tribune
Apr 14, 2010 | Chicago Tribune
May 30, 2008 |Story| Chicago Tribune
Jun 24, 2007 |Story| Chicago Tribune
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May 13, 2007 |Column| Chicago Tribune
Apr 22, 2007 |Story| Chicago Tribune
Aug 5, 2007 |Story| Chicago Tribune
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