Real Estate
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Homebuilding dips, but best year since ’07Jan 17, 2014 12:55 pm - WASHINGTON — U.S. home construction slowed in December but ended 2013 with the best showing since the housing bubble burst. The Commerce Department said Friday that bui...
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Lenders to follow useful new rule on appraisalsJan 16, 2014 11:56 pm - WASHINGTON — A new federal rule could give millions of homebuyers insights they’ve never had before about a crucial element of their mortgage application: the appraisal,...
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How many electrical outlets in a bedroomJan 16, 2014 11:50 pm - Q. What are the requirements for electrical outlets in a bedroom? We are renting a two-bedroom apartment, and the second bedroom (11-by-13 feet) has only one outlet in t...
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A midseason fireplace-safety checklist:Jan 16, 2014 11:30 pm - If you use your wood-burning fireplace a lot, it’s probably due for a midseason checkup about now. Here is a list of things you should take a close look at monthly durin...
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Winter can be the best time for buyers to shop for a homeJan 16, 2014 11:20 pm - Many homebuyers can get the best deals in January or February, because sellers are anxious to make concessions instead of marketing their property when the weather impro...
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Mortgage professor: If borrowers owned the appraisals they pay for, they would be able to shop for a mortgage effectivelyJan 16, 2014 1:13 pm - Editor’s note: This is the second column in a three-part series appearing in Homes Saturday. The Consumer Financial Protection Bureau (CFPB) has developed two new disclo...
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Des Plaines mayor: Leave misperceptions of city at the doorJan 16, 2014 11:46 am - There are a lot of misperceptions about Des Plaines, says Mayor Matt Bogusz, but he told local business leaders Thursday to leave them at the door, while asking for thei...
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Elgin Tower Building tenants moving out after water leakJan 15, 2014 4:30 am - The iconic Elgin Tower Building — whose sale to a Wisconsin-based company is still pending — is down to six tenants, after a water leak last Friday prompted two tenants ...
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Housing for disabled could come to Prospect HeightsJan 14, 2014 5:00 pm - Co-presidents of a task force seeking housing in the suburbs for people with mental illness and other disabilities made their case to the Prospect Heights City Council t...
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Prospect Hts. approves sale of piece of arena landJan 13, 2014 8:22 pm - The Prospect Heights City Council agreed Monday to sell just over 2 acres and a 31,000-square-foot building it still owns from the failed arena project of the 1990s. St...