Real Estate
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Average long-term U.S. mortgage rate rises to 6.75%, second straight uptickJul 23, 2025 3:43 pm - The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospective homebuyers.
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Home sales fade in June as national median sales price hits an all-time high of $435,300
Jul 23, 2025 3:38 pm - Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels.
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Buffalo Grove spurns apartment proposal after developer suggests increasing densityJul 23, 2025 3:27 pm - Buffalo Grove trustees this week rejected a request to refer a proposed four-story 64-unit apartment building on Riverwalk Drive to the planning and zoning commission.
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Community association proposes buyer fee changesJul 23, 2025 1:15 pm - A community association wants to change its declaration to establish a buyer/new member fee based on a percentage of the gross selling price, in addition to an existing seller resale fee.
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‘The Khayat touch’: Former Gurnee Holiday Inn being renovated and converted to apartments, boutique roomsJul 23, 2025 9:15 am - Khayat Enterprises, well known in Lake County, is in the midst of its of largest venture yet — the renovation and conversion of the former Holiday Inn in Gurnee to Ten Hotel Convention Center and Residences.
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Buffalo Grove hears plan for 189-unit residential developmentJul 22, 2025 4:33 pm - An established homebuilder in the Chicago area is planning a residential development at Aptakisic and Prairie roads in Buffalo Grove.
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Will rejected Mount Prospect day care be revived?Jul 22, 2025 4:30 pm - A previously rejected plan for a 339-child daycare center on the west side of Mount Prospect could receive another chance.
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Home inspector overlooked polybutylene pipeJul 22, 2025 1:17 pm - A home inspector missed a dangerous plumbing issue that could cost homeowners thousands. Are inspectors liable?
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School for students with autism coming to WheelingJul 22, 2025 11:16 am - A school for children and young adults with autism and other developmental disabilities could open this fall in Wheeling.
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Developer plans youth hockey complex in Elk Grove VillageJul 18, 2025 5:19 pm - A developer plans to build a twin-sheet ice arena in Elk Grove Village to serve youth hockey groups in the Northwest suburbs.
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