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Ad Categories: Real Estate

August Deal Estate News: Home Sales and Trends

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Sold: A Six-Year Setback LAKE FOREST Initially listed in February 2010 at $3.995 million, this 16-room house with a swimming pool sold in late May for $2.6 million. That’s about 5 percent less than the $2.725 million John and Amy DiTomasso paid for the place six years ago, when it was new. The house has … Read more

Upgrades to Chicago Website Help Homeowners Tout Green Savings

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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…

Humrich Design Belongs to Its Riverwoods Site

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List Price: $669,000
The Property: Situated in Lake County, about 30 miles northwest of the Loop, Riverwoods was envisioned as a model town of an unusual sort: all its homes would nestle themselves in their natural surroundings, a deeply wooded plain adjacent to the Des Plaines River…

City Rentals: Big Losses, Small Gains

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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…

Rodkin on Appraisal Disputes

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Readers ask questions, and our real estate expert answers. This week, a reader named Penny from Florida asks if her appraiser, who valued her home lower than expected, is right about a garage-adjacent room not being an actual bedroom.