Rodkin on When the Housing Market Will Bounce Back
Readers ask questions, and our real estate expert answers. This week, a reader named Mabel asks for a realistic forecast of when the housing market will bounce back.
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Another House Sale Related to Blagojevich Scandal
List Price: $1.87 million
Sale Price: $1.55 million
The Property: This 103-year-old Tudor-style home in Glencoe was sold last week by P. Nicholas Hurtgen, a former investment banker involved in the influence-peddling scandal surrounding former governor Rod Blagojevich…
Looking Good, Inside and Out, at the Fordham
List Price: $1.995 million
The Property: There’s a tasteful three-bedroom condo for sale on the 42nd floor of the Fordham, the 50-story condo tower at 25 East Superior Street, but some of its appeal comes from what lies outside its walls—as well as what doesn’t…
Zillow’s Third-Quarter Report on the Chicago-area Housing Market
It’s hard to be a glass-half-full person about real estate with five years of declines behind us and at least another year of bleakness in the forecasts. But the third-quarter data released by Zillow this week does show where the bright spots are on the Chicago-area map…
Rodkin on Deficiency Liability in a Short Sale
Readers ask questions, and our real estate expert answers. This week, in a follow-up question to last week’s, a reader named Barry asks if the deficiency in a short sale can be held against both parties on the title if one of them is bankrupt.
Suburban Housing Rentals: What’s Available
FINDING A NEW LEASE ON LIFE: Want to rent while enjoying the suburban life? What the market looks like in three Chicago suburbs.
What’s Up with Down Payments?
Savings, gifts more frequently used as housing down payments as proceeds from prior home sales slide
Longtime Kenilworth Owners Take a Real Estate Loss
AN UNEXPECTED LOSS: Holding onto their house for 12 years didn’t prevent a neurosurgeon from taking a near-half-million hit
Did a $1 Million Foreclosure Help the Glenview Market?
List Price: $999,000
Sale Price: $1 million
The Property: The agent who sold this foreclosed 12-room house in a very desirable east neighborhood in Glenview thinks that the sale helped nudge the town’s real-estate market upward a smidge, rather than hurt nearby sellers, as many foreclosures have been shown to do…
East Lake Shore Drive’s Marshall Plan
List Price: $2.595 million
The Property: Designed by the architect Benjamin Marshall and completed in 1912, the brick and limestone confection that is 999 North Lake Shore Drive set the tone for what would become one of Chicago’s most elegant neighborhoods: East Lake Shore Drive…