Real Estate
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‘Spaceship’-look midcentury Barrington home by noted local architect sells in warp speedOct 24, 2024 11:45 am - A midcentury Barrington home that resembles a retro spaceship on the outside — and is filled with built-in early-’60s furniture on the inside — attracted almost as many bids as browsers and sold in just one day.
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Geneva shopping center sells off four outlotsOct 23, 2024 9:54 am - The Randall Square Shopping Center in Geneva has sold four of its outlots, as its owner concentrates attention on the mall’s main building.
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Competence and ethics in real estate disclosureOct 23, 2024 1:36 am - In home sales, the disclosure of defects is hindered by several factors, including homeowners who don’t know the extent of defects, home inspectors who fail to recognize defects and the ethics of those involved in the sale. A buyer’s best protection is to make sure they hire their own, competent inspector.
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‘A pleasure to see the building come down’: Demolition begins to clear site for attainable senior housing in LibertyvilleOct 22, 2024 7:33 pm - About three years after the plan was introduced, removal of a single-story building at 500 Peterson Road began Tuesday to clear the site for a $25 million mixed-use development to include “attainable” apartments for those 55 and older.
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Geneva council OKs $42.8M TIF deal with warehouse developer
Oct 22, 2024 8:13 am - The Geneva City Council Monday approved a $42.8 million tax increment finance redevelopment agreement with MIF-Geneva Park for development of a new industrial park as part of the city’s South East Master Plan.
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Rental communities earn high marks with back-to-school conveniencesOct 18, 2024 11:36 am - Proximity to good schools has long been a top consideration for house hunters. Nationally, homes near top schools cost nearly 80% more on average, according to a recent ...
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Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeksOct 17, 2024 7:57 pm - The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level (6.44%) in eight weeks.The rate has been rising since reaching its lowest level in two years — 6.08% — three weeks ago and remains well below the 7.22% it hit in May, its 2024 peak.
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US homebuilder sentiment reaches four-month high on 2025 outlookOct 17, 2024 7:45 pm - Sentiment among U.S. homebuilders jumped to a four-month high this month, with the prospect of lower mortgage rates fueling optimism about demand for new houses in the coming year.
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Bully board president should be booted by vote of ownersOct 17, 2024 3:45 pm - The president of an association board is acting like a bully and as a result, a fellow board member says bad decisions have been made. What recourse does the board, or the association owners, have?
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‘New, improved, evolved’: Revised plan would keep remainder of Hawthorn mall intactOct 16, 2024 5:45 pm - The next step in the transformation of the Hawthorn mall property in Vernon Hills aims to build on the success of initial work and keep what remains of the existing 1970s-era shopping center intact.