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Housing Bulletin: Four New House-Hunting Aids

Despite the downturn in the housing market, there are still people shopping for homes these days. Here are four new or newly upgraded house-hunting tools to assist them.

• Prudential Preferred Properties provides subscribers with a weekly Preferred Market Watch Report with detailed stats on all properties listed for sale in a particular zip code. (You can sign up for the report here.) The reports include, among other things, the average…

Sale of the Week: Gadzooks! Teardown Planned for Hinsdale Tudor

List Price: $3,900,000
Sale Price: $3,575,000
The Property: This mammoth, lavishly detailed Tudor mansion, completed in 1932 in a section of Hinsdale known as the Woodlands, was sold in late September to only its fourth owner—who plans to demolish it and build a new home on the 2.2-acre lot. The Chicago architecture firm Armstrong, Furst and Tilton designed the 14-room house, which was built for the family that…

On the Market: Highland Park, AZ

List Price: $1,998,500
The Property: Walking between stacked-stone pillars into the coolness of an open-ceilinged entry court at this Highland Park house, you get the feeling you’ve left the North Shore and arrived in the arid Southwest. That’s all intentional: the house was designed in 1964 for a man whose wife, the story goes…

Housing Bulletin: Fighting Foreclosures

Recently, several government and philanthropic agencies have rolled out new programs to help the growing number of Chicago-area homeowners facing foreclosure. Last week, the John D. and Catherine T. MacArthur Foundation announced that it will provide $68 million in grants and low-interest loans to help people on the edge of foreclosure. And in mid-September…

Sale of the Week: Going Geothermal in Wilmette

List Price: $1,395,000
Sale Price: $1,327,500
The Property: On a street of mostly traditional-looking homes in Wilmette, this residence fits right in with its red brick exterior trimmed in white. But the house is a departure for its neighborhood—and for almost any other community in the Chicago area—because it has…