Deal Estate
 
Why Homebuyers Should Actually Understand Mortgage Documents Before Signing Them
Housing Bulletin

Why Homebuyers Should Actually Understand Mortgage Documents Before Signing Them

A new study shows that most buyers don't really read their mortgage forms. That's a huge risk. Hint: Get a lawyer.

Posted May 15, 2013, at 9:30 a.m.

This West Loop Loft Is Priced at $375,000—That's Less Than the Sellers Paid in 2000
Steal this Home

This West Loop Loft Is Priced at $375,000—That’s Less Than the Sellers Paid in 2000

After years of price cuts, the big three-bedroom might be as much as $20,000 below market value—but it's a bit dated.

Posted May 14, 2013, at 9:45 a.m.

A Pair of Houses on Shakespeare Avenue Is Like a Real Estate <em>Comedy of Errors</em>
Sale of the Week

A Pair of Houses on Shakespeare Avenue Is Like a Real Estate Comedy of Errors

Two houses, their fates intertwined, in a story that sounds as if the bard staged a play in Chicago's housing market.

Posted May 13, 2013, at 10:30 a.m.

The Benjamin Ferguson Mansion Is Filled with Wood and Beauty
On the Market

The Benjamin Ferguson Mansion Is Filled with Wood and Beauty

An impressive Second Empire-style mansion on Jackson Boulevard is up for sale.

Posted May 9, 2013, at 10:00 a.m.

Blacks, Hispanics Pay More For Homes in Chicago, Study Says
Housing Bulletin

Blacks, Hispanics Pay More For Homes in Chicago, Study Says

African-American and Hispanic homebuyers pay more for homes than white and Asian buyers, according to research by four economists—and the biggest differential they found in the four cities they studied is for black buyers in Cook County...

Posted May 8, 2013, at 10:51 a.m.

Ask Rodkin: How Do You Buy a House in a Neighborhood Where Nobody's Selling?
DEQ's

Ask Rodkin: How Do You Buy a House in a Neighborhood Where Nobody’s Selling?

What's the strategy for homebuyers who want to live in a neighborhood with a low inventory of for-sale homes?

Posted May 7, 2013, at 10:00 a.m.

Here’s What Sold for $1 Million in Chicago Last Week
Sale of the Week

Here’s What Sold for $1 Million in Chicago Last Week

Two houses, two neighborhoods. Both a bit below the asking price. But both a million bucks.

Posted May 6, 2013, at 9:30 a.m.

A.J. Pierzynski Just Sold His House for $1.675 Million
Housing Bulletin

A.J. Pierzynski Just Sold His House for $1.675 Million

The former White Sox catcher, once voted the most hated player in the majors, closed the deal in just eight days.

Posted May 3, 2013, at 10:15 a.m.

Chicago’s Happiest House Smiles Down on North Center
On the Market

Chicago’s Happiest House Smiles Down on North Center

Architect and builder Eric Parfenoff believes a façade can be pretty funny.

Posted May 2, 2013, at 11:30 a.m.

Luxury Apartments Keep Piling on Better Perks and Bigger Frills
Housing Bulletin

Luxury Apartments Keep Piling on Better Perks and Bigger Frills

Private cabanas. Pet spas. To lure in top tenants, Chicago's new apartments are in an arms race for over-the-top amenities.

Posted May 1, 2013, at 11:30 a.m.

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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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