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Forty percent fewer homes were available for sale in the nine-county Chicago area in April than a year ago, leading to higher sales prices. That, in turn, is prompting more homeowners to slap fresh paint on their walls and list their homes for sale....
Tags: Ben Bernanke, Finance, Prices, Marketing, Services and Shopping
Tribune staff reporterMore than 9,000 previously owned homes were sold in the Chicago area in April, another strong month for sales volume that was met by more pricing recovery. The Illinois Association of Realtors reported Wednesday that 9,152 single-family homes and...
By Melissa Harris and Gail MarksJarvisHow do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
Tags: Investments, Finance, Washington, DC, Mortgages, Joint Ventures
Widely reported mortgage delinquency rates are being weighed down by older mortgages and loans long past due, and more recent mortgages are performing at pre-housing-bubble norms, according to an analysis of national lending data by TransUnion....
Tags: Banking, Mortgages, Loans, Federal Reserve
Tribune reporterA Chicago man was sentenced to more than 12 years in federal prison after having been convicted of engaging in a mortgage fraud scheme involving 65 real-estate transactions on the South Side. The scheme which netted Fred Haywood, 42, about $700,000...
Tags: Mortgages, Prisons, Punishment, Trials
For the past six years, the question "what's my home worth" caused homeowners to wince. With some optimism now in the real estate market and more transactions occurring than have in years, Redfin thinks homeowners and potential homebuyers are ready to...
Tribune staffChicago business executive Penny Pritzker was nominated by President Barack Obama to become the new Secretary of Commerce on Thursday, in an expected move that could prove controversial for the longtime political supporter and fundraising heavyweight....
Tags: Investments, Finance, Politics, Business Enterprises, Mortgages
It's Money Smart Week, a collection of free financial literacy programs offered throughout the week, aimed at helping people deal with virtually every money issue imaginable: from how to get out of debt, to buying homes, paying for college, building a...
If you can't get in — or can't afford — a top business school, is an MBA from a lesser-known school worth it? The answer depends largely on the student. Those gunning for the top of the organizational chart, and without the networking...
Home prices are rising at levels not seen since the real estate boom, but American homeownership remains on the decline. The two trends underscore the nature of the housing rebound: Gains in pricing have been driven significantly by investors, leaving...
Some of the Chicago neighborhoods hardest hit by the housing crisis are starting to come back, or at least appear to be bottoming out. Home values in the Pullman/Riverdale/Roseland neighborhoods, for instance, rose by an average of 18.6 percent last year...
Co-borrowers may want to rethink whose name goes first on a mortgage application. Early findings from a study under way at the Woodstock Institute found that in the six-county Chicago area, joint applications for home purchases and refinancings were much...
May 23, 2013 |Story| Chicago Tribune
May 22, 2013 |Story| Chicago Tribune
May 19, 2013 |Column| Chicago Tribune
May 13, 2013 |Story| Chicago Tribune
May 2, 2013 |Story| Chicago Tribune
May 10, 2013 |Column| Chicago Tribune
May 2, 2013 |Story| Chicago Tribune
Apr 21, 2013 |Column| Chicago Tribune
Apr 15, 2013 |Story| Chicago Tribune
Apr 30, 2013 |Story| Los Angeles Times
Mar 13, 2013 |Story| Chicago Tribune
Mar 12, 2013 |Story| Chicago Tribune
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