Articles filed under Residential Real Estate
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Allies hope a Trump win changes the system for mortgages. Some warn it will make them pricierOct 25, 2024 6:44 am - If Donald Trump wins the presidential election, Republicans hope he will fulfill a longstanding GOP goal of privatizing the mortgage giants Fannie Mae and Freddie Mac, which have been under government control since the Great Recession.
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Hey kids, if the house is in a trust, it’s not an estate assetOct 24, 2024 8:56 pm - After the death of their mother, the surviving children disagree on who now owns her house. Some say it goes to all of them, but one thinks the trust gave the house to her alone. The key to the answer is in the county recorder’s office, the deed and trust documents.
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Schaumburg approves plan to replace 3 single-family home lots with 35 townhousesOct 24, 2024 8:42 pm - Schaumburg officials have approved the redevelopment of three existing single-family home lots into 35 townhouses divided among eight buildings.
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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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‘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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Developer ditches rentals, adds single-family homes in new plan for Schaumburg’s Loeber FarmOct 22, 2024 2:46 pm - Developer Nitti Group LLC has presented a new proposal for 123 owner-occupied housing units on the 33-acre Loeber Farm in Schaumburg adjacent to Rolling Meadows, dropping plans for a massive, all-rental complex.
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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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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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‘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.
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Chick-fil-A coming soon, part of new developments in St. CharlesOct 15, 2024 10:55 am - An uptick in east side development, a grand opening date for the new Chick-fil-A and a booming industrial sector were highlights of the 2024 St. Charles City Update.