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Former Bear sells Gurnee home

Former Bear sells Gurnee home

Former Chicago Bears defensive tackle Tank Johnson, who recently became a free...

Home ownership sees biggest drop since Great Depression

Home ownership sees biggest drop since Great Depression

The percentage of Americans who owned their homes has seen its biggest decline since the Great Depression, according to the U.S. Census...

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Zambrano puts River Forest home on market

Zambrano puts River Forest home on market

Chicago Cubs pitcher Carlos Zambrano, whose future with the team is in doubt...

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Fear paralyzing a flat market

Fear paralyzing a flat market

Housing's upper and lowest brackets may be making a bit of a comeback, but would-be buyers, in general, still feel paralyzed, unable to...

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Film director selling North Barrington home

Film director selling North Barrington home

Film director and playwright Neil LaBute, who most recently directed Chris Rock and Tracy Morgan in the 2010 movie "Death at a Funeral," has...

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Home prices held steady over the summer but may resume descent

Home prices held steady over the summer but may resume descent

U.S. home prices appear to have stabilized over the summer but are likely to renew their decline without an improving job market.

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Multiple listing service provider broadens its scope

Midwest Real Estate Data LLC has decided it wants to be more than a database of home listings for buyers, sellers and real estate agents.

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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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Remember that you can appeal your tax assessment

Remember that you can appeal your tax assessment

Homeowners who believe their property values have been overassessed can benefit by appealing their tax bills. Gerald Schippers of Stockton,...

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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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