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Housing Bulletin

The Return of the Richelieu

8/15/12

The Return of the Richelieu

Tucked between two much taller buildings, the eight-story structure at 318 South Michigan Avenue looks like a small child flanked by its parents. In fact, the building is older than either of its neighbors...

Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (2)

Upgrades to Chicago Website Help Homeowners Tout Green Savings

8/8/12

Upgrades to Chicago Website Help Homeowners Tout Green Savings

Thanks to upgrades scheduled to be introduced today to the Chicago-based website Energy Results, people who have boosted their homes’ green profile will find it easier to tout those improvements when it comes time to sell those residences. Launched in 2010, Energy Results offers recommendations on how to make a home greener...

Posted at 12:08 p.m. in Housing Bulletin | Permalink | Comments (1)

8/1/12

Deal Estate Flash: Eric Ferguson Sells Lincoln Park Home

Eric Ferguson, who cohosts the morning show on WTMX The Mix with Kathy Hart, sold his Lincoln Park home Tuesday. Ferguson and his wife, Jennifer, sold the 11-room house for $2.63 million...

Posted at 10:56 a.m. in Housing Bulletin | Permalink | Comments (0)

City Rentals: Big Losses, Small Gains

8/1/12

City Rentals: Big Losses, Small Gains

Two pieces of recent news from the housing front reveal just how deep a hole the city’s supply of moderately priced rental apartments is in. Last week the Lawyers’ Committee for Better Housing reported that nearly 17,000 Chicago apartment buildings went into foreclosure from 2009 through 2011. That adds up to 51,792 apartments...

Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (0)

Top 20 Chicago-Area Train Towns Tallied

7/25/12

Top 20 Chicago-Area Train Towns Tallied

A new DePaul study picks the best suburbs for transit commuters, choosing places with walkable downtowns, comfortable stations, and reliable service that "dignify the experience of commuting by train."

Posted at 11:48 a.m. in Housing Bulletin | Permalink | Comments (3)

At Long Last: An Uptick

7/18/12

At Long Last: An Uptick

There’s a long-overdue ray of hope in the data that Redfin released Thursday: Chicago home prices inched up 0.8 percent from June 2011 to June 2012...

Posted at 9:45 a.m. in Housing Bulletin | Permalink | Comments (0)

Can Two Historical North Shore Houses Be Saved?

7/11/12

Can Two Historical North Shore Houses Be Saved?

Two historical North Shore homes, both on the market, were built according to very different aesthetics and are at price points far removed from one another. But they do have one thing in common: despite the eagerness of preservationists to see the houses saved, they both face the threat of being demolished...

Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (1)

7/6/12

How Foreclosures and Land Banking Could Transform Midwestern Cities

We’ve known for a few years that the foreclosure crisis has led banks to offer some seized homes at bargain-basement prices. Now an executive with a real-estate company that focuses on foreclosures has predicted that this sales trend could have an upside for hard-hit Midwestern cities, transforming them into some of the most desirable places to live in the country...

Posted at 12:08 p.m. in Housing Bulletin | Permalink | Comments (1)

Finding an Affordable Home Near a Good School

6/27/12

Finding an Affordable Home Near a Good School

There are many nice homes for sale or rent in Chicago, and there are some high-performing schools. But finding a home in the district of a good CPS school was a little like playing chess on two different boards at once—that is, until the introduction of SchoolSparrow...

Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (0)

Protecting Renters in Foreclosed Buildings

6/20/12

Protecting Renters in Foreclosed Buildings

Between 2009 and 2011, about 10 percent of Chicago’s rental housing passed through some stage of foreclosure, often leaving paid-up tenants in a gray area when a building’s foreclosing lender didn’t resell the place to a new landlord quickly. That’s where Nancy Enopena found herself this past winter after the Albany Park house where she rents a bedroom was without heat or hot water for five months—and without any water at all for several weeks...

Posted at 9:35 a.m. in Housing Bulletin | Permalink | Comments (1)

About This Blog

Deal Estate: The Blog is the online extension of Chicago magazine’s monthly “Deal Estate” column, which is written by Dennis Rodkin. On the blog, Rodkin—who has been covering the local housing scene for Chicago since 1991—provides timely updates on new homes to hit the market, recent high-end sales, and other residential real-estate news from the city and suburbs.

Got a hot housing tip? Contact Rodkin at dennis@rodkin.com.
Follow Dennis on Twitter at twitter.com/dealestate
And with our friends at CLTV's HomesPlus

 

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