Chicago Real Estate

How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...

Forty percent fewer homes were available for sale in the nine-county Chicago area in April than a year ago, leading to higher sales prices. That, in turn, is prompting more homeowners to slap fresh paint on their walls and list their homes for sale....

Tuesday, May 7 I truly hope you were able to catch "Susan's Story," either last night at 6 or today on WDBJ 7 Mornin'. Susan Bahorich bravely shared her personal struggle with ovarian cancer. I am so proud of her for being open and honest with what she is...

Um, don't look now, but out there in the real estate trenches, they're whispering the B word again. That's B as in "bubble." That's because agents in various parts of the country are using such terms as "overheated" and "buying craze" and...

Current and would-be homeowners are warming to the idea of renting. People may aspire to own a home, but most are still reeling from the housing crisis, and some believe the hard times either aren't over or the worst is yet to come. As a result, they...

Dear Santa, Please bring me a buyer, flush with cash, and ready with preapproval letters. He or she should be willing to pay full asking price (or more), close quickly and without complication. Make my buyer easy to work with and free of unreasonable...

For homeowners looking to upgrade — or downsize — their residences, it's a difficult chicken-or-egg question: Which comes first, buying a new place to live or selling an old one? Each situation presents a potentially thorny set of issues. Buy...

Spring 2010 is shaping up to be an excellent time to buy a newly constructed home. But you have to move fast. All indicators point to an opportune environment that the smart buyer can't - and won't - ignore. "Today is a great time to buy a newly...

Country club living always signifies prestige. It suggests the good life: upscale residences with views of acres of manicured green space, socializing at well-appointed clubhouses, unlimited golf at your doorstep. That high-end ambience still exists, but...

If you've been thinking about buying a home, especially if you're a first-time buyer, folks in the real estate industry want to send you a message: Come on in, the water's fine. This may indeed be a great time for you to buy. But learn about common buying...

Homeowners can't help but question what's happened to the value of their biggest investment, their homes, when they see the data released every month on the housing market. Just last week, the National Association of Realtors reported that in April,...

With gas prices approaching $4 a gallon, it comes as little surprise that suburban homeowners who want a smaller place like the idea of walking to the store or the train station. Take, for example, Ron Stewart. He recently sold his single-family home...