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Dennis Rodkin
Where Homeowners Are Underwater and Behind on Their Mortgage
By Dennis Rodkin
The new data from Case-Shiller released Tuesday showed that local home prices in March 2012 were down 39 percent from their October 2006 peak. That drop likely means even more homeowners are being pushed underwater—that is, they owe more on the mortgage than their homes are worth... Read more
An Italianate Short Sale in Highland Park
By Dennis Rodkin
List Price: $1.5 million
Sale Price: $1.2 million
The Property: This Italianate home with a two-story bay of windows positioned to capture breezes off nearby Lake Michigan was built in 1873 as a model home for the nascent Highland Park... Read more
In Sheridan Park, Prairie Style Meets Arts and Crafts
By Dennis Rodkin
List Price: $799,000
The Property: There’s a pretty street view framed by the long rectangular porch of this Prairie-style house built in 1908 in the Sheridan Park section of Uptown. Inside the living room, there is another framed landscape view: a mural of woods and a mountain meadow that’s set into the mahogany beams above the brick mantel... Read more
Crate & Barrel’s Carole Segal Flips a Winnetka Mansion—Literally
By Dennis Rodkin
List Price: $6.499 million
The Property: Most people who talk about flipping a house don’t mean it quite as literally as Carole Segal does. At a Winnetka mansion she set out to restore and resell, Segal, who launched Crate & Barrel nearly 50 years ago with her husband, Gordon, flipped the front and back of the house... Read more