Articles filed under Residential Real Estate
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‘Zombie’ second mortgages spur new battles in state capitolsMar 21, 2026 1:24 pm - A Bloomberg News investigation last year found that more than 600,000 second mortgages taken out before the 2008 financial crisis — and then largely forgotten amid a wave of loan modifications during the recovery — remain outstanding across the country. Debt collectors buy these mortgages for pennies on the dollar and then demand homeowners pay bills that often include years of back interest.
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Naperville leaders signal support for Pulte Homes development instead of data center planMar 19, 2026 3:12 pm - Naperville City Council members and some neighbors are largely receptive to the prospect of new homes on a vacant property at the north end of town, a far cry from the controversy over a data center plan for the same site.
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Federal disaster loans now available to homeowners and businesses affected by August 2025 stormsMar 19, 2026 3:09 pm - Residents and business owners in Cook, DuPage, Kane, Lake, McHenry and Will counties whose properties sustained damage during last August’s severe weather can now apply for U.S. Small Business Administration disaster loans.
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Can absent board member assign proxy to another?Mar 18, 2026 4:43 pm - I am on the board of my condominium association, and I cannot attend all the board meetings in person because I travel for work. Can I give my “proxy” to another board member to vote on my behalf during the board meetings?
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TIF district extension for Loeber Farm in Schaumburg wins key recommendationMar 16, 2026 6:24 pm - Local governments recommended the extension of a tax incentive for the controversial residential development of the Loeber Farm property in Schaumburg Monday.
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After Naperville council nixes controversial data center, Pulte Homes development pitched for siteMar 16, 2026 9:13 am - Almost two months after Naperville city council members rejected plans for a controversial data center near a high-profile intersection, the property owner is soliciting their input on a proposed 262-unit residential development at the site.
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Townhouses floated for old Scripture Press property owned by Wheaton CollegeMar 13, 2026 11:54 am - Could townhouses go on the former Scripture Press property owned by Wheaton College? A proposed new boundary agreement between Wheaton and Glen Ellyn could pave the way for future development of the site.
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Crystal Lake downtown townhouses get nod, completing project on hold for 30-plus yearsMar 13, 2026 10:45 am - The Crystal Lake City Council has given the go-ahead to builders to finish a townhouse development in the downtown area that was put on hold for more than 30 years.
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Senate passes bipartisan housing bill to improve access and affordabilityMar 12, 2026 1:03 pm - The Senate passed a broad bill on Thursday to make U.S. housing more accessible and affordable, a rare bipartisan effort in Congress to address a growing national problem.
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Former Addison school site being readied for redevelopmentMar 12, 2026 12:26 pm - Addison’s Old Mill School building, which operated as an elementary school from 1961 to 1982 and was then rented to nonprofit organizations, is being demolished to make room for a future housing development.
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