The number of underwater homeowners in the Chicago area fell during the third quarter of this year. That’s the good news. The bad news? The number of underwater homes didn’t… read more →
An influx of new buyers might be entering the housing market, in Chicago and across the country. Where are these new buyers coming from? According to a recent feature story… read more →
Chicago single-family homes and condos have been steadily increasing the last several years. But these values haven’t been rising as quickly as they have been in other cities across the… read more →
It’s no secret that there simply aren’t enough homes for sale in Chicago’s top neighborhoods to meet the demand for them. So many buyers today are getting creative, buying homes… read more →
It’s unfortunate, but it appears that the rate of housing foreclosures in Chicago saw a big increase in October. That’s the latest news from a recent foreclosure report released… read more →
Foreclosed homes can be bargains for buyers. But too many foreclosures hurt a local real estate market, acting to bring down home values in entire neighborhoods. That’s why a… read more →
Being underwater on your mortgage loan is tough. That’s when you owe more on your mortgage than what your home is worth. This is an especially challenging position if you… read more →
The Challenge of Selling a Home When You Owe More on Your Mortgage than What Your Residence is Worth
You never want to be underwater on your mortgage loan, especially when you are trying to sell your home. Unfortunately, there are Chicago homeowners scattered across the city who are… read more →
Losing a home to foreclosure doesn’t mean that you can never own a condo or single-family home again. It takes some patience — you’ll usually have to wait at least… read more →
Do your property taxes seem a bit high these days? You’re not alone. In fact, if you live in Chicago you and your neighbors are paying some of the highest… read more →