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Home-listing websites can help, but also hurt

In the old days, if you were looking for a new place to live, you picked up the newspaper, looked at the real estate classifieds, put on...

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Navigating the short sale process

For homeowners upside-down on their mortgage — owing more on the loan than the house is worth — foreclosure isn't necessarily...

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Hinsdale home sale goes in loss column

Hinsdale home sale goes in loss column

Former Chicago White Sox relief pitcher Scott Linebrink has taken a $70,000...

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Pricing a home to sell in today's market

Pricing a home to sell

During the housing boom, many real estate agents found it extraordinarily tough, if not impossible, to come up with even ballpark asking...

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An insider's view of surviving a short sale

Surviving a short sale: An insider's view

Chris Willette became a short-sale expert the hard way: He did his own.

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What you should know about selling on your own

What you should know about selling on your own

If you think the greatest question of all eternity is "what is the meaning of life?" then you haven't been in the real estate market lately.

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Selling a home: The new realities

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...

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Kitchen design with resale in mind

Kitchen design with resale in mind

Used to be when you designed a kitchen, you did it to please yourself. Like it or not, now someone else needs to buy in.

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Investors to the rescue of housing market

Who is going to lead the housing market out of the doldrums?

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The realities of unloading a time share

The realities of unloading a time share

Q: I recently read your suggestions on how to get rid of a time share. You suggested attempting to give your time share back to the...

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Taking the fear out of foreclosure

Taking the fear out of foreclosure

People fear foreclosure almost as much as they fear death. But unlike death, foreclosure can be prevented.

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'Pricing integrity' paying off for Renaissance developers

'Pricing integrity' paying off for Renaissance developers

It's only 32 units spread over four buildings, but a phased project in Chicago's Woodlawn neighborhood has received "good neighbor" kudos...

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Summer tips to heat up your condo sale

Summer tips to heat up your condo sale

Too many condominiums for sale. Prospective buyers are on vacation. Mortgage money is hard to get. Don't let those pesky realities prevent...

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Ex-Bear takes a big hit on home sale

Ex-Bear takes a big hit on home sale

Former Chicago Bears offensive tackle John St. Clair has just taken a major...

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Chicago condo prices see price gains but more needed

Chicago condo prices see price gains but more needed

Sales prices of condominiums within the city of Chicago recorded a third month of year-over-year improvement in May, a small positive sign...

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Home values continue downward churn

Home values continue downward churn

March home prices in the Chicago area and nationally sank to lows not seen since the housing bubble burst, and the widely watched S&P;/...

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Fewer homeowners are underwater on mortgages

Fewer homeowners are underwater on mortgages

The number of homeowners underwater on their mortgages in the U.S. declined slightly during the first three months of the year.

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Civil union law extends property owner protections

Civil union law extends property owner protections

Richard A. Wilson, a partner at Grund & Leavitt, offers his views on how civil unions would affect the ownership of real estate.

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Gift tax keeps on giving until 2012

Q. In a recent column, you indicated that a giftor's lifetime tax exemption is $1 million. However, after searching this out, I believe that...

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Sinking values prompting homeowners to consider strategic default as best business decision

Sinking values prompting homeowners to consider strategic default as best option

As more people do the math, they may decide to walk away from their mortgage, even if it ruins their credit.

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Need-to-know tax savings information for home sellers

Need-to-know tax savings information

There are ways to lighten your tax load whether you're living in your home or selling it.

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Delaying repairs can haunt owners when it's time to sell

Delaying repairs can haunt owners when it's time to sell

Buyers don't expect roofs in need of replacement and major plumbing and electrical issues. They want those fixed, or there's no sale.

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They did what to that house?!

They did what to that house?!

You've heard of McMansions, but what about Frankenhouses?

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FICO tool helps ID borrowers most likely to strategically default

FICO Inc. this spring conceived a scoring tool that not only identifies the type of borrower most likely to strategically default, but,...

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Practice these safe showing habits

Practice these safe showing habits

As crime victims go, real estate agents don't hold a candle to taxi drivers, who suffer the highest rate of homicide of any particular...

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New reverse mortgage opens options for seniors

New reverse mortgage opens options for seniors

Q. I have been a student of retirement living since 1962, when I was an executive with one of the major developers of active retirement...

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By ZIP code: Little growth in home prices

By ZIP code: Little growth in home prices

At best, Chicago-area home prices are bouncing along the bottom or getting less bad as the depreciation rate slows. At worst, they...

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Numbers add up to bad quarter for housing

Numbers add up to bad quarter for housing

The absence of federal homebuyer tax credits meant an almost double-digit decline in Chicago-area existing-home sales during the first...

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Once you rent out your house, it's no longer your home

I have a question and I can't seem to find the answer on the Internet. Perhaps mine is not a common situation.

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 Chicago home prices hit post-bust low

Chicago home prices hit post-bust low

Home prices in the Chicago area in December hit a new low since the housing market peaked in September 2006, falling to levels not seen...

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