Articles filed under Residential Real Estate
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How Tim Scott and Elizabeth Warren agreed on a sweeping housing packageJul 30, 2025 4:31 pm - A sweeping package of housing reforms is gaining rare bipartisan support in the Senate, raising hopes that Congress might be able to pass legislation that would incentivize local governments and private developers to build more homes.
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Condo board member cannot give voting proxy, but can attend meetings virtuallyJul 30, 2025 2:23 pm - I am on the board of my condominium association and I cannot attend some board meetings in-person due to my work schedule. Can I give my proxy to another board member to vote on my behalf on association matters?
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‘A challenging proposal’: After considerable input Pulte housing plan gets green light in LibertyvilleJul 28, 2025 7:07 pm - After extensive review and hours of discussion over six public meetings, village leaders gave the go ahead to a plan by Pulte Home Company to address what are said to be the most pressing housing needs in Libertyville.
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Lake in the Hills buys home near Ryder ParkJul 28, 2025 1:54 pm - Lake in the Hills has purchased a home next to Ryder Park and the Property Owners Association bar.
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Rolling Meadows hopes for redevelopment near Bears’ potential new homeJul 27, 2025 9:00 pm - Rolling Meadows officials may establish a tax increment financing district to help revive an area of office buildings plagued by vacancies and a blighted, shuttered Holidome motel.
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Geneva District 304 wants cash, not land, from LaFox developersJul 27, 2025 11:18 am - Geneva Unit District 304 officials want $6.12 million in cash instead of a land donation when Campton Hills annexes the 962-acre LaFox development.
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Custom homebuilder plans subdivision near Naperville’s Clow Creek GreenwayJul 23, 2025 6:39 pm - A custom homebuilder plans to develop more than a dozen houses just down the road from a pair of Naperville churches.
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Average long-term U.S. mortgage rate rises to 6.75%, second straight uptickJul 23, 2025 3:43 pm - The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospective homebuyers.
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Home sales fade in June as national median sales price hits an all-time high of $435,300Jul 23, 2025 3:38 pm - Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels.
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Community association proposes buyer fee changesJul 23, 2025 1:15 pm - A community association wants to change its declaration to establish a buyer/new member fee based on a percentage of the gross selling price, in addition to an existing seller resale fee.