Real Estate
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The U.S. homeownership rate may not be as high as you think
Jul 22, 2026 10:49 am - Americans often think of homeownership as both a goal and a norm — after all, the U.S. homeownership rate is 65%, and as high as 75% in some states. But one Federal Reserve economist says that we’ve been measuring homeownership the wrong way and that U.S. adults are about as likely to rent or live in someone else’s home as they are to own their own.
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Vote on $11M contract to renovate old bank building in downtown Des Plaines delayedJul 21, 2026 2:45 pm - A Chicago construction company is in line for an $11 million contract to renovate a historic bank building in downtown Des Plaines.
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Renovation of South Grove building in downtown Elgin ahead of schedule
Jul 21, 2026 2:39 pm - The developer renovating a dilapidated downtown Elgin building at 61-65 S. Grove Ave. says the project is ahead of schedule and should be done by next summer.
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Did home inspector miss furnace problems?Jul 21, 2026 6:15 am - I recently bought a house. The gas company says the furnace has code violations and is not safe to use. I don’t understand how my home inspector missed these problems.
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At NFL Draft-style lottery, potential homebuyers get chance at ‘Elk Grove dream’Jul 18, 2026 6:14 pm - Elk Grove Village officials and a developer held an unprecedented “NFL Draft-style” lottery Saturday where 10 local families got first dibs to purchase new single-family homes priced below market rates.
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The Biz Week That Was: Inflation woes, downtown businesses close, and unemployment claims dipJul 18, 2026 7:55 am - Americans are using credit-card rewards to pay for groceries, gas A pile of credit-card reward points can take you business class to Bali or cover a few days’ stay i...
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At Lake Forest event, stadium property taxes and World Cup on Bears president’s mindJul 17, 2026 9:38 am - Chicago Bears President/CEO Kevin Warren said the NFL club is performing due diligence for a potential stadium in Northwest Indiana, but at an event in Lake Forest Thursday night, he didn’t close the door on Arlington Heights either.
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Opponents readying to fight proposed South Elgin data center
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Mount Prospect hires outside firm to handle data center permittingJul 16, 2026 5:29 pm - Dealing with the departure of the village’s longtime building inspector, and sagging under the weight of reams of permit paperwork related to the CloudHQ data center campus, Mount Prospect is finding relief from an outside firm.
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Offices styled to complement Water Street design endorsed for downtown Naperville