Articles filed under Real Estate
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US home sales slumped in October to slowest pace in more than 16 years as mortgage rates surgedNov 12, 2026 12:25 pm - Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 16 years as mortgage rates climbed sharply, ratcheting up borrowing costs for aspiring homebuyers.
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The average US 30-year mortgage rate falls to 7.11% this week, its fourth straight declineNov 12, 2026 12:21 pm - The average long-term U.S. mortgage rate fell for the fourth straight week, offering more relief for prospective home shoppers at a time when many have put off buying a home due to elevated home loan borrowing costs and prices.
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Vacant office complex could become site of first data center in Rolling MeadowsNov 11, 2026 6:42 pm - A Texas-based developer plans to demolish a vacant corporate office complex in Rolling Meadows and build what would become the city’s first data center.
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Palatine retires Rand Road Corridor TIF DistrictNov 10, 2026 5:23 pm - Palatine council members voted to dissolve its Rand Road Corridor Tax Increment Financing District this week. Village officials at Monday’s meeting pointed to its successes not only in growing the village’s property tax base, but also spurring sales tax revenues.
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Can boards require ‘good standing’ for candidates?Nov 09, 2026 3:17 pm - Our condominium association board is claiming that each candidate for the board of directors must be in “good standing” before they are allowed to run or serve on the board. Is that a valid requirement?
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Restaurant, apartments in proposed mixed-use building in downtown Lake Zurich gets favorable reviewNov 06, 2026 3:01 pm - A proposal to raze a home on South Old Rand Road in downtown Lake Zurich and replace it with a new building with a first-floor restaurant and apartments above has informal village support.
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Ricky Rockets gas station, car wash project gets thumbs-up from Elgin plan commissionNov 06, 2026 9:53 am - A Ricky Rockets gas station and a car wash has been proposed for a Route 20 site previously annexed into Elgin for a never-built Thorntons gas station.
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Mount Prospect honing in on developer for Chase Bank buildingNov 05, 2026 1:36 pm - Mount Prospect is interviewing four potential candidates to develop the former Chase Bank building. The village also is answering questions after architectural plans from one of the proposals were shared on social media.
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New fine dining restaurant, sports bar with rooftop patio part of downtown Elgin redevelopment planNov 05, 2026 1:12 pm - A fine dining restaurant, neighborhood market and sports bar with a rooftop patio are part of a proposed downtown redevelopment plan, which has received preliminary approval from Elgin City Council members.
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Board considers a lien on delinquent unit in probateNov 05, 2026 10:06 am - When a unit is in probate and assessments are piling up without being paid, a board would be wise to consult attorney for advice on placing a lien and probate claim.
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