Ad Categories: Real Estate
Housing Bulletin— Neumann Bankruptcy Spurs House Auction
Before Neumann Homes went into bankruptcy last November, it was the ninth-largest builder in the Chicago area, with subdivisions going up in a string of towns along the outer edge of the suburbs. The company’s tumble, which its CEO, Ken Neumann, acknowledged was due to over-exuberant expansion, sent yet another shockwave through…
Housing Bulletin— Chicago’s Condo Market: Sheltered from the Fallout
The latest report from Appraisal Research Counselors (ARC), whose finger is always on the pulse of Chicago’s downtown condominium market, indicates that even if the shine is gone from condos as investment vehicles, the overwhelming majority of people who bought a few years ago in buildings now being finished are sticking with their contracts.
Why is that news? Well, a spike in the number of buyers opting to back out of their deals—leaving their upfront cash deposits in the hands of…
A Village in a Village
New homes just “part of the neighborhood”
Showers from Heaven
Noiseproofing, high-end appliances, and other amenities enhance condos
Memory Lane
Amid change, project’s design blends yesterday with toda
A Bid to Buy
Web site helps would-be homeowners make an irrefusable offer
A Close Call
Parties to deal agree to delay finalizing sale for seven months
Fending Off a Tax
Anticipating political change, seller cashes in on house