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Housing expert sees a return to pricing realism

Housing expert sees a return to pricing realism

Jeanine McShea has seen plenty of ups and downs in residential real estate since she began her career 25 years ago. McShea, who was...

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Dempster cuts price again on home near Wrigley

Dempster cuts price again on home near Wrigley

Chicago Cubs pitcher Ryan Dempster has once again lowered the asking price of one of his homes near Wrigley Field, this time to $1.8 million...

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The art and psychology of home staging

The art and psychology of home staging

Andrea Angott has a Ph.D. in psychology and generally spends her days studying how consumers make decisions about their health care at...

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Ex-Bear takes big loss on Mettawa house

Ex-Bear takes big loss on Mettawa house

Former Chicago Bears offensive tackle John Tait has taken a major loss on...

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The new ins and outs of corporate relocation

The new ins and outs of corporate relocation

Back in the "Mad Men" era, I had two high-achieving uncles who regularly earned promotions in the mega-corporation that employed them both.

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Patience paying off in short-sale process

Patience paying off in short sale

Banks have worked to streamline the process, and offers are getting responses in 60 to 90 days in some cases.

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Knowing when to sell home is tricky business

Given the level of economic uncertainty these days, even falling home prices and a 30-year fixed mortgage rate well under 4.5 percent aren't...

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How to sell your home fast

How to sell your home fast

Our neighbors recently put their home on the market. They received an excellent offer within 24 hours of listing the property and got more...

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U.S. looks outside the box to stem housing glut

U.S. looks outside the box to stem housing glut

With the real estate market continuing to drag down the economy, federal officials are seeking ideas from investors and others about ways to...

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Open-house strategies that work

Open-house strategies that work

Sellers often think of open houses as opportunity time. They expose a listing to buyers who might not otherwise see it.

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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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Foreclosure activity falls, but for how long?

Foreclosure activity falls, but for how long?

In its latest report, RealtyTrac announced that foreclosure activity fell on a year-over-year basis in 84 percent of metro areas with at...

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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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How reliable are home-listing websites?

How reliable are home-listing websites?

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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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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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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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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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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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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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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The art of readying your home for sale

The art of readying your home for sale

In today's super-competitive real estate market, any little edge to help potential buyers envision themselves in the house you're trying...

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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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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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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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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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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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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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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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