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…
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Rodkin on Banks’ Free and Easy Refinancing—What’s the Catch?
Readers ask questions, and our real estate expert answers. This week, a reader named Janet from Rogers Park asks if her mortgage lender’s offer for streamlined refinancing—without an appraisal—is legit.
Buyers Get Bargain on Barrington Hills Estate
List Price: $8.9 million
Sale Price: $7.5 million
The Property: A Barrington Hills estate that encompasses two golf holes, a pond stocked with fish, and more than a thousand trees—not to mention a 30,000-square-foot house—sold Thursday after being on the market just shy of three years…
A Green Home Grows in Bucktown
List Price: $1.79 million
The Property: Some of the greenest buildings are old ones that get reused rather than torn down. That was the philosophy behind this single-family home in Bucktown, which was built into and atop an old two-flat…
Chicago Foreclosures by the Numbers
One in 107 housing units faced foreclosure in early 2012
Deal of the Month: Roscoe Village Four-Bedroom
COMPARISON SHOPPING: At less than a million, it’s a steal for the size
Fraudster’s Condo For Sale in South Loop
CRIME AND PUNISHMENT: The former head of WexTrust Capital pled guilty to a $255 million scheme—and his old condo is half-off
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…
Rodkin on Why Some Houses Sell at Unusually High Prices
Readers ask questions, and our real estate expert answers. This week, a reader named Liz from Glenview asks why a neighbor’s house sold for about $400,000 when others near it are sitting at prices in the $300,000s.
Sambolin Sells Maher-Designed Home in Oak Park
List Price: $1.65 million
Sale Price: $1.34 million
The Property: The television journalist Zoraida Sambolin and her husband, John Hobbs, have sold their six-bedroom Prairie-style home in Oak Park…