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Signs of a new housing bubble
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...
Tags: Chicago Real Estate, Washington, DC, Rentals, Services and Shopping, Real Estate
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Reality check on Florida's housing recovery
"Florida is on fire," proclaimed a real estate newsletter that came my way recently. It heralded new and apparently better days for the state's homebuilding industry, which was decimated when the housing bubble burst. Florida was one of four so-called...Tags: Finance, Property, Rentals, Economy, Business and Finance, Groceries
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Winners and losers in Chicago housing market
Even if the real estate market were in Armageddon mode, many real estate industry types could still be expected to give you an enthusiastic "yes!" if you asked them, "Is now a good time to sell my house?" But given the near-avalanche of somewhat...
Tags: Irving Park, Rogers Park, Career and Workplace, Real Estate Sellers, Services and Shopping
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For homebuyers and sellers, it's all about compromising
Is this the year to sell your home? Is it time to buy? National headlines are proclaiming a housing market recovery. The inventory of homes available for sale is down dramatically, and as a result, market time has dropped and that is breeding local...Tags: Real Estate Sellers, Services and Shopping, Real Estate, Loans, Pat Quinn
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Hispanic homebuyers a driving force in housing
First-time buyers make the housing wheel go 'round: As they segue from renting to owning, they set off the sequence of move-up purchases that, in theory, will help the overall market get well. These days, Hispanic consumers seem to be pushing that wheel...
Tags: Consumer Confidence, Finance, Fannie Mae, Financial and Business Services, Condos and Houses
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Buying foreclosures requires patience, and a little more money
It's still possible to buy a foreclosure and make it the home of your dreams. It's just harder these days. Investors, both individuals and national corporations, are rushing into the market with the intent of turning foreclosed properties into cash-...
Tags: Finance, Fannie Mae, Freddie Mac, Property, Economy, Business and Finance
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Selling a home: The new realities
I've been hearing lately from homeowners who are preparing to list their homes for sale. They know the market isn't great, but they've been waiting for a year or two to move on with their lives (this is known in the industry as "pent-up demand") and...Tags: Human Interest, Rentals, Real Estate Sellers, Real Estate, Homes
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Rising tide washing over rentals
The rent is going up. I don't know of a gentler way to put it. Apartment rents should increase 2 to 11.5 percent this spring, according to a survey by the Chicagoland Apartment Association, a trade group for landlords. That's a huge range, reflecting...Tags: Chicago Real Estate, Condos and Houses, Property, Personal Service, Schiller Park
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Purchase price just the start
Separate from the monthly mortgage bill, would-be home buyers have to factor in numerous costs to determine their affordability comfort level, financial counselors say. Some of the considerations: Property taxes. "For real estate taxes in the Chicago...Tags: Disasters and Accidents, Chicago Real Estate, Real Estate Agents, Satellite and Cable Service, Wheaton
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Judging a home by its siding
In today's real estate market, anxious home sellers -- or those merely thinking about selling -- might well heed a finding of the latest annual remodeling study: It's what's outside that counts. Each year Remodeling magazine, a trade journal, studies...Tags: Clubs and Associations, Real Estate Agents, Chicago Real Estate, Lifestyle and Leisure, Economy, Business and Finance
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Will development disturb Oviedo's beloved chickens?
If Frieda and Pepper sense something is up, they aren't letting on. On Friday morning the brown hen and her black-speckled rooster friend nonchalantly scratched in the dirt near the produce stand in downtown Oviedo as I talked with a couple of fellow...
Tags: Biscuits, Services and Shopping, Real Estate, Oviedo
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Does contract for bulk services ring a bell?
Q: Our condominium association is discussing whether to sign a contract with the cable provider for television, telephone and Internet services, which would require owners to pay equally per unit for those services whether they use them or not. I am aware...Tags: Justice System, Judges, Satellite and Cable Service, Housing and Urban Planning, Interior Policy
Apr 25, 2013
|Column| Chicago Tribune
Mar 15, 2013
|Column| Chicago Tribune
Sep 27, 2012
|Column| Chicago Tribune
Mar 8, 2013
|Column| Chicago Tribune
Apr 12, 2013
|Column| Chicago Tribune
Apr 5, 2013
|Column| Chicago Tribune
Jul 12, 2011
|Column| Chicago Tribune
May 13, 2007
|Column| Chicago Tribune
Nov 18, 2007
|Column| Chicago Tribune
Dec 16, 2007
|Column| Chicago Tribune
Mar 22, 2013
|Column| Orlando Sentinel
Mar 15, 2013
|Column| Chicago Tribune
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