Tag: Housing Bulletin

This spring, for the first time in more than 40 years, people will be living at the same North Lawndale address as Dr. Martin Luther King Jr. and his family did in 1966, when he came here to dramatize the desperate state of housing in Chicago’s minority neighborhoods... Read more

Dustin Byfuglien, a key player on the Blackhawks’ Stanley Cup–winning squad who now skates for the Atlanta Thrashers, on Monday closed on the sale of his former Roscoe Village home. The sale price was $1.08 million—14 percent less than the $1.265 million Byfuglien paid for the newly built 12-room house in December 2008... Read more

When voting April 5th on local tax referendums, voters in ten Cook County communities may get the impression that any increase on their property-tax bills will be only about a third of the actual increase... Read more

A report last week from CoreLogic showed that 25.4 percent of Chicago-area homeowners with a mortgage are now underwater—they owe more on the mortgage than the house is worth—and another 5.3 percent are near that point. There’s no way of knowing how many of those people will have to sell their homes this year, but if you’re at or near the short-sale line, the first thing to do is pull your head out of the sand... Read more

Analysts are saying that home remodeling should pick up this year, and with rising energy prices a constant concern, it’s smart to factor resource savings into any rehab. At two Chicago homes, green was the key in nearly all aspects of their recent renovations... Read more

With its blocks of classic bungalows and brick two-flats, Chicago Lawn was for decades a Southwest Side bastion of middle-class stability. More recently it had become a glaring example of the devastation wrought by the foreclosure crisis... Read more