Articles filed under Real Estate
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Taxpayers will ease banks’ costs in mortgage dealJan 18, 2013 8:43 am - Consumer advocates have complained that U.S. mortgage lenders are getting off easy in a deal to settle charges that they wrongfully foreclosed on many homeowners. Now it...
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Surge in home construction likely to continueJan 18, 2013 5:27 am - WASHINGTON — The aftermath of the housing bust forced many homebuilders to dramatically scale back construction on new homes to avoid the risk of ending up saddled with ...
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S. Elgin housing plan moves forwardJan 18, 2013 4:30 am - After getting a nod from the South Elgin planning and zoning commission, a plan for a new housing development for low-income and disabled people is expected to go before...
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Getting lender’s best price on home loan often futileJan 18, 2013 4:15 am - Editor’s note: This is the second article in a series. This series of articles is about opportunities available to homeowners to save money on a mortgage in 2013. The fi...
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Developers scale back Naperville Water Street plansJan 17, 2013 10:00 am - The Water Street development proposed for downtown Naperville has shrunk again. At an open house Thursday night, Naperville-based developer Marquette Cos. presented upda...
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U.S. rate on 30-year mortgage dips to 3.38 pct.Jan 17, 2013 9:14 am - WASHINGTON — The average U.S. rate on the 30-year fixed mortgage inched closer to its record low this week, helping to keep home buying more affordable. Mortgage buyer ...
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U.S. home construction in 2012 highest in 4 yearsJan 17, 2013 9:13 am - WASHINGTON — U.S. builders started work on homes in December at the fastest pace since the summer of 2008 and finished 2012 as the best year for residential construction...
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Fewer U.S. homes repossessed by banks in 2012Jan 17, 2013 5:25 am - LOS ANGELES — Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increas...
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Earth and Ocean restaurant, acclaimed chef coming to RandhurstJan 16, 2013 4:21 pm - Mount Prospect’s Randhurst Village is about to increase its rapidly spreading restaurant footprint. On Tuesday, the village board approved a liquor license for E & O Foo...
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Bartlett discusses video gambling cafesJan 15, 2013 2:21 pm - Shortly after approving a liquor license for a new video gambling cafe called Stella’s, the Bartlett village board heard a proposal Tuesday for a similar establishment c...