The Best Properties Are Selling in the Blink of an Eye
After several years of homes sitting for sale on the market, there’s been a sharp turnaround. Is this as good as the buyer’s market will get?
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Ask Rodkin: When's the Right Time to Raise a Price?
A homeowner’s suggestion to her real estate agent neighbor: start raising the asking prices for any new listings in the building. What does Dennis think?
This Evanston Classic Just Sold Near its 2002 Price—Despite a Huge Renovation
This house was priced at $2.1 million back in 2008. After five years on and off the market, it sold in February for less than half of that. Much, much less.
$10 Million Buys a Hell of a Lot in Lincoln Park
What does a mere $10 million buy in Lincoln Park? A whole lot—plus the lot next door. Let’s take a peek inside a pretty nice 11,000-square-foot home.
Illinois Legislators Want Property Tax Freeze
Illinois lawmakers are dogpiling on a situation that seems paradoxical: property taxes going up when home values are down. As a result, they have introduced five different pieces of legislation calling for property tax freezes…
Rodkin on Taking a Loss vs. Taking Advantage of Low Prices
Readers ask questions, and our real estate expert answers. This week, a reader named Chris from Uptown asks if he should take a loss on his condo and move now, when home prices and interest rates are still low.
Deal Estate: Home Sales, News, and Trends
The sad, slow decline of a Gold Coast graystone and other news from the real-estate market
Idiosyncratic Glencoe Mansion Sells at Fraction of 2007 Asking Price
List Price: $3.299 million
Sale Price: $3.025 million
The Property: When this Glencoe house overlooking Lake Michigan went on the market listed at $8.2 million in 2007, it wasn’t distinguished by its high price tag…
In Independence Park, This Chicago Classic Needs A Dog
List Price: $449,900
The Property: There’s a short street in Independence Park lined with bungalows, Victorians, and other classic Chicago homes. New on the market is a farmhouse-style house…
504 South Loop Condos Get a Reboot
Three South Loop condo buildings, left with so many unsold units in the bust years that they were vertical ghost towns, are being brought back to life together by a company that bought 504 units from their original developer in a “deed in lieu of foreclosure” deal…