Zachary Fardon, who served as Chicago’s leading federal prosecutor from 2013 to 2017, sold his Lincoln Park mansion for $4.3 million earlier this year. Fardon and his wife made the sale shortly after acquiring a co-op unit on the Gold Coast for $3 million. The mansion sale marks a notable transaction in the area, reflecting […]
This exquisite home located at 1339 Forest Ave. in River Forest is on the market for $1,619,000. The property boasts four bedrooms, three full bathrooms, and an additional half bathroom. A standout feature is the foyer, which is elegantly designed with a wrought-iron staircase. The living room offers warmth and comfort with a gas fireplace, […]
Kelly MacDonald is now a proud homeowner in a Cincinnati suburb. She moved from a small rental home with two cats, a dog, a boyfriend, and a single bedroom to a spacious five-bedroom dwelling. With her mother’s expertise in commercial real estate and a bit of online research, she identified a hidden $425 fee in […]
As September 2026 arrives, potential homebuyers face an unfamiliar landscape where mortgage interest rates have climbed unexpectedly. Earlier predictions suggested a cooling of rates, spurred by the Federal Reserve’s decisions made last year to reduce interest rates. Contrary to these predictions, the rates rose again. As of September 1, the average rate on a 30-year […]
Former Chicago Bears safety Eddie Jackson, known for his tenure from 2017 to 2023, recently sold his French Provincial-style mansion. The property, located in Long Grove, features six bedrooms and spans 6,750 square feet. It was sold for $1.6 million in July, according to the Lake County Assessor.
New homes have reached their lowest price point since the pandemic. Persistently low demand is compelling homebuilders to offer significant discounts to entice cautious buyers. Last month, the median sales price for a new home dipped to $393,800. This marks a 2.3% decline from June, when prices stood at $403,100. Compared to a year earlier, […]
The Aurora City Council Committee of the Whole recently reviewed a proposal for a new townhouse development near Fox Valley Mall. This followed 18 months of negotiations between the developer and the city. The development, named Kingsley Row, will introduce 185 townhomes across 38 buildings on previously undeveloped land near the intersection of Ogden Avenue […]
Los Angeles Housing Solution: Utilizing Vacant Lots Los Angeles faces a significant housing challenge. The city has over 20,000 vacant lots zoned for residential use. These lots remain unused, presenting a paradox in a city with a severe housing shortage. A new initiative seeks to tap into this potential by promoting the development of these […]
Many Americans feel that owning a home is increasingly out of reach due to soaring housing costs since the pandemic. Yet, one region stands out where homeownership remains attainable. The Midwest dominates a list of states where housing is most affordable, based on a Newsweek analysis. Out of the top ten states where homeownership is […]
The average long-term mortgage rate in the U.S. has increased for the fourth week in a row, reaching its highest point this year. This marks a challenge for prospective buyers looking for relief from steep borrowing expenses. According to Freddie Mac, the 30-year fixed-rate mortgage rose to 6.66% from 6.58% last week. One year ago, […]