Articles filed under Real Estate
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50-year mortgage proposal has one notable benefit but a number of drawbacksNov 14, 2025 4:05 pm - The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism from policymakers, social media and economists, who said a 50-year mortgage would do little to resolve other core problems in the housing market, such as a lack of supply and high interest rates.
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Paving paradise?: Historic Barrington neighborhood opposes District 220’s plan to buy land for parkingNov 14, 2025 1:15 pm - A Barrington neighborhood with a rich history is gathering petitions to stop Barrington Area Unit District 220’s plans to buy four properties to provide parking for its new auditorium.
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Cook County launches Housing Market TrackerNov 14, 2025 7:17 am - The Cook County Assessor’s Office has launched its new Housing Market Tracker, a first-of-its-kind interactive map that shows real estate trends and individual sales in the county.
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Association board must meet at least 4 times yearlyNov 13, 2025 6:29 pm - The boards of associations must meet a minimum number of times but after that, the frequency should be determined by the business that needs to be conducted.
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Why Elgin could increase its general property tax levy for the first time in more than a decadeNov 13, 2025 1:27 pm - Elgin’s proposed 2026 budget calls for the city’s first increase in the general property tax levy in more than a decade.
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From hardware to offices? Carlson store in Wheaton could become co-working spaceNov 12, 2025 5:32 pm - The development team behind a co-working and event center in Oak Park wants to replicate the concept in a “beloved building” in downtown Wheaton. It’s only the first phase of what could become a larger project.
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Maplewood developers in Cary get another extension to submit plansNov 12, 2025 12:54 pm - Developers looking to build multi-family and single-family homes on the former Maplewood School property in Cary have been granted another 60 days to propose the final plan to the village board.
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When will Amazon Fresh store open in Buffalo Grove? Nobody knowsNov 12, 2025 8:10 am - Buffalo Grove officials said it is unclear when the much anticipated Amazon Fresh store at The Clove development will open.
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I-88 or 5th Avenue? Naperville to decide which area will be focus of new studyNov 11, 2025 6:49 pm - Naperville will set aside $150,000 in next year’s budget for initiating one in-depth study focused on a large-scale redevelopment area in the city. But the city council has yet to decide which area to prioritize: the I-88 corridor or the properties around Naperville’s 5th Avenue Metra station.
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Recent home and property salesNov 11, 2025 2:45 pm - Lake County property transfers for Sept. 2 to Oct. 6, 2025