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Real Estate News

  • Celebrity Real Estate: Jane Fonda, Walt Disney

    By Laura VecseyJane Fonda Parting with Santa Fe RanchActress and activist Jane Fonda is ready to part with her 2,000-acre New Mexico spread calle ...
    July 2, 2014 - 2:58 pm
  • Mortgage Rates Dip Slightly

    Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.03 per ...
    June 27, 2014 - 11:49 am
  • Illinois Among Top States for Tax Gripes, Gallup Says

    By Sally Deneen If you grumble about high taxes, you have plenty of company: About three out of four Illinois residents say state taxes are too h ...
    June 25, 2014 - 12:57 pm
  • Celebrity Real Estate: Whitney Houston, Charlie Sheen

    By Laura Vecsey Fan Buys Whitney Houston’s NJ Estate Whitney Houston’s home has finally found an owner who feels the heat for property’s unique ...
    June 23, 2014 - 6:26 pm
  • 10 Cities Where Home-Flippers are Profiting

    By Natalie WiseIs home-flipping old news? As the economy continues to recover, home flipping is a gamble, but one that can pay off handsomely. Wh ...
    June 23, 2014 - 6:14 pm
  • Celebrity Real Estate: Mitt Romney, Dolly Parton

    By Laura Vecsey Former Gov. Romney Sells Massachusetts CondoSo long, Massachusetts?Mitt Romney, the former governor of the Bay State, and his w ...
    June 12, 2014 - 5:55 pm
  • Celebrity Real Estate: JFK, Steven Spielberg

    By Laura Vecsey ‘Winter White House’ Wows in Palm BeachOnce the winter home for John F. and Jackie Kennedy, the 15,000-square-foot mansion has ...
    June 5, 2014 - 5:44 pm
  • Three Out of 10 Metro Area Homeowners are Underwater

    By Sally Deneen About three out of 10 Chicagoland homeowners are grappling with underwater mortgages, meaning they owe more than their propert ...
    June 2, 2014 - 6:07 pm
  • Report States Half of Illinois Residents Want to Move

    By Sally Deneen More people want to pack up and leave Illinois than any other state, according to a Gallup survey. Half of polled Prairie State r ...
    June 2, 2014 - 5:56 pm
  • Poll: Illinois Residents Least Likely to Trust State Government

    By Sally Deneen Illinois residents trust the state government way less than residents do in any other state, thanks to the Prairie State's strugg ...
    June 2, 2014 - 4:29 pm
  • Celebrity Real Estate: Dr. Dre, January Jones, 'Scarface' Mansion

    By Laura Vecsey Let Him Ride! Dre Moving Up, AgainIt’s a long way from Compton, but then again, music industry mogul and rap kingpin Dr. Dre has ...
    May 30, 2014 - 3:46 pm
  • Celebrity Real Estate: Nicole Richie, Selena Gomez

    By Laura Vecsey Changes for Nicole RichieNicole Richie and her musician husband Joel Madden have listed the Spanish colonial owned by Madden sinc ...
    May 22, 2014 - 5:55 pm
  • Mortgage Rates Dip Briefly Below 4 Percent

    Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.05 per ...
    May 22, 2014 - 5:44 pm
  • Report: Chicago a Hotspot for Gentrification

    By Nora Tooher Chicago is one of the most gentrified large cities in the country, according to a recent analysis by the Federal Reserve Bank of C ...
    May 14, 2014 - 3:05 pm
  • Celebrity Real Estate: Marv Albert, Ron Howard

    By Laura Vecsey Nothing But Net for This Sweet PenthouseMarv Albert has hoisted his $16.5 million apartment on the white-hot Manhattan real estat ...
    May 13, 2014 - 6:36 pm
  • Report Names 10 Cities Where Living Green is Easy

    By Natalie Wise Where does “green” living reign? Using the Air Quality Index, the number of parks per 10,000 residents, and the percentage of the ...
    May 12, 2014 - 4:53 pm
  • Celebrity Real Estate: Meryl Streep, Elizabeth Gilbert, Reggie Bush

    By Laura Vecsey Meryl’s Choice: Grand Dame of Film Selling in L.A.Easy come, easy go for Meryl Streep. The Academy Award winner has listed the sl ...
    May 7, 2014 - 3:42 pm
  • Can You Afford a Home in Chicago?

    By Sally Deneen Can you afford a home in Chicago? The mortgage website HSH.com answers yes – if you have an after-tax income of $32,388.90, makin ...
    May 6, 2014 - 1:15 pm
  • Report: Chicago Ranks 8th for Income Inequality

    By Sally Deneen Chicago ranks eighth among large U.S. cities with the highest income inequality, reflecting a national trend of big cities being ...
    May 14, 2014 - 1:37 pm
  • Chicago Ranks as Worst Bed Bug City

    By Sally Deneen Chicago gets a bad rap for being dubbed the nation's worst bed bug city for the second consecutive year, as based on the number o ...
    May 5, 2014 - 5:48 pm
  • 25 Richest Neighborhoods Include One Chicago 'Hood

    By Sally Deneen Take a guess on which Chicagoland neighborhood makes the list of the 25 Richest Neighborhoods in America. If you guessed a North ...
    May 5, 2014 - 4:33 pm
  • Celebrity Real Estate: Yogi Berra, Ellen Page

    By Laura Vecsey A Memorable ‘Homer’ For Yankees’ Great Yogi BerraWith the passing of his beloved wife, Carmen, this past March, Baseball Hall of ...
    May 4, 2014 - 4:09 am
  • Mortgage Rate Volatility Expected This Week

    Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.16 per ...
    April 29, 2014 - 6:38 pm
  • Positive Economic Reports Impacting Mortgage Rates

    Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.19 per ...
    April 23, 2014 - 6:50 pm
  • 30-Year Fixed Mortgage Rates Fall to Lowest Level in 6 Weeks

    Mortgage rates for 30-year fixed mortgages fell over the past week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at ...
    April 15, 2014 - 6:35 pm
  • Report: Chicago is the World's 23rd Largest Economy

    By Sally Deneen If Chicago were a country, it'd be the 23rd largest in the world economically, surpassing Taiwan, a report states. Its economy al ...
    April 15, 2014 - 6:18 pm
  • Do You Live in a 'Super ZIP'?

    By Sally DeneenChicagoland ranks eighth in the nation for its sprawling region of ZIP codes dominated by wealthy, highly-educated residents, a Wa ...
    April 15, 2014 - 6:18 pm
  • 30-Year Fixed Mortgage Rates Fall for Second Week in a Row

    Mortgage rates for 30-year fixed mortgages fell last week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.20 per ...
    April 11, 2014 - 7:40 pm
  • 30-Year Fixed Mortgage Rates Drop, Erasing Prior Gains

    Mortgage rates for 30-year fixed mortgages fell last week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.25 per ...
    April 2, 2014 - 6:26 pm
  • 30-Year Fixed Mortgage Rates Spike Eight Basis Points

    Mortgage rates for 30-year fixed mortgages rose last week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.27 per ...
    March 26, 2014 - 4:26 pm
  • 30-Year Fixed Mortgage Rates Jump 10 Basis Points

    Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.21 per ...
    March 18, 2014 - 6:07 pm
  • 30-Year Fixed Mortgage Rates Decline First Time in 4 Weeks

    Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.11 per ...
    March 12, 2014 - 6:57 pm
  • 30-Year Fixed Mortgage Rate Remains Unchanged

    Mortgage rates for 30-year fixed mortgages remained unchanged from last week, with the current rate borrowers were quoted on Zillow Mortgage Mark ...
    March 3, 2014 - 7:11 pm
  • How Does Chicagoland Rank in Pay Inequality?

    By Sally Deneen While Chicagoland is home to five of the nation's 10 most expensive restaurants and mansions are selling well, here's another ...
    Feb. 26, 2014 - 6:51 pm
  • Report Names Best Cities for Job Seekers

    By Sally Deneen The 10 best cities for job seekers don't include Chicago, according to NerdWallet. But the South fares well – with three cities h ...
    Feb. 26, 2014 - 6:51 pm
  • 30-Year Fixed Mortgage Rate Rises for Second Consecutive Week

    Mortgage rates for 30-year fixed mortgages rose again this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4. ...
    Feb. 18, 2014 - 6:16 pm
  • 30-Year Fixed Mortgage Rate Rises Slightly

    Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace 4.14 percen ...
    Feb. 18, 2014 - 2:14 pm
  • 30-Year Fixed Mortgage Rate Drops to 4.09 Percent — Lowest Rate in 10 Weeks

    Mortgage rates for a 30-year fixed mortgage fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.09 pe ...
    Feb. 18, 2014 - 2:14 pm
  • What does Chicagoland look like from space?

    NASA Astronaut Thomas Marshburn gazed out a window of Soyuz TMA-07M during a work break and saw the sprawling city directly below, so he snapped what ...
    Feb. 3, 2014 - 10:30 am
  • 30-year fixed mortgage rate declines slightly

    Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace 4.18 percent.
    Jan. 29, 2014 - 11:14 am
  • What Does Chicagoland Look Like From Space?

    By Sally Deneen NASA Astronaut Thomas Marshburn gazed out a window of Soyuz TMA-07M during a work break and saw the sprawling city directly be ...
    Feb. 18, 2014 - 2:13 pm
  • 30-Year Fixed Mortgage Rate Declines Slightly

    Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace 4.18 percen ...
    Feb. 18, 2014 - 2:15 pm
  • Q & A with America’s real estate professor: Home warranties

    I'm glad to see that you are a rental property owner now! I've been hearing more and more investors that use home warranties, which is quite a turnaro ...
    Jan. 24, 2014 - 1:22 pm
  • Q & A With America’s Real Estate Professor: Home Warranties

    Home WarrantiesQ. What do you think about home warranty for rentals? Best regards. Azhar, San Diego, Calif.A. I’m glad to see that you are a rent ...
    Feb. 18, 2014 - 2:15 pm
  • Q & A with America’s real estate professor: Foreign real estate

    Buying good real estate is tough enough without adding in property in a far away land, with different property rights and laws, and significant potent ...
    Jan. 17, 2014 - 11:12 am
  • Q & A With America’s Real Estate Professor: Foreign Real Estate

    Foreign Real EstateQ. We are Canadians living in Switzerland and are looking for a long term investment, hopefully to keep indefinitely. Have you ...
    Feb. 18, 2014 - 2:15 pm
  • Chicago Makes 'Best Cities for Early Retirement' List

    By Sally Deneen The latest list of the 10 best cities for early retirement includes some places you might expect – like Honolulu and Virginia Bea ...
    Feb. 18, 2014 - 2:15 pm
  • Q & A with America’s real estate professor: Buying ski chalet in Switzerland

    ...
    Jan. 10, 2014 - 9:19 am
  • Q & A With America’s Real Estate Professor: Buying Ski Chalet in Switzerland

    Buying Ski Chalet in Switzerland Q. I have recently moved to Lausanne, Switzerland, and am interested in buying a ski chalet as a rental property ...
    Feb. 18, 2014 - 2:13 pm
  • Illinois named among '10 least-tax friendly states'

    Illinois and California rank among the "10 Least Tax-Friendly States," according to finance news website Kiplinger, while Arizona, Nevada and some Sou ...
    Jan. 7, 2014 - 11:18 am
  • Illinois Named Among '10 Least-Tax Friendly States'

    By Sally Deneen Illinois and California rank among the "10 Least Tax-Friendly States," according to finance news website Kiplinger, while Arizona ...
    Feb. 18, 2014 - 2:15 pm
  • Q & A with America’s real estate professor: Standard tenant rent to income percentage

    Most are going to be spending all of their monthly income on rent, debts, utilities and food and will have very little to put into savings.
    Jan. 3, 2014 - 2:54 pm
  • Q & A With America’s Real Estate Professor: Standard Tenant Rent to Income Percentage

    Standard Tenant Rent to Income PercentageQ. What is the percent of income plus debt that is customarily allotted by a tenant for rent and what pe ...
    Feb. 18, 2014 - 2:15 pm
  • Q & A with America’s real estate professor: Evicting a tenant

    I'm a rental property owner and have a tenant that keeps paying late and I'm getting a little frustrated and tired of it. I can terminate their lease, ...
    Dec. 30, 2013 - 11:45 am
  • Grundy County Property Taxes Among Nation's Highest

    By Sally Deneen Grundy County homeowners pay among the highest property taxes in the nation, according to a Tax Policy Center report. It finds pr ...
    Feb. 18, 2014 - 2:14 pm
  • Q & A With America’s Real Estate Professor: Evicting a Tenant

    Evicting a Tenant Q. I’m a rental property owner and have a tenant that keeps paying late and I’m getting a little frustrated and tired of it. I ...
    Feb. 18, 2014 - 2:15 pm
  • Q & A with America’s real estate professor: Cancelling private mortgage insurance

    I bought a property 6 years ago and have private mortgage insurance. It's actually up in value and I'd like to get rid of this expense, but my mortgag ...
    Dec. 23, 2013 - 12:08 pm
  • Report: Chicago ranks among top 10 college destinations

    ...
    Dec. 23, 2013 - 12:03 pm
  • Q & A With America’s Real Estate Professor: Cancelling Private Mortgage Insurance

    Cancelling Private Mortgage Insurance Q. I bought a property 6 years ago and have private mortgage insurance. It’s actually up in value and I’d l ...
    July 11, 2014 - 2:07 am
  • Q & A with America’s real estate professor: Paying down a mortgage loan

    Strictly from a financial standpoint, it would probably be a mistake to pay down your mortgage balance.
    Dec. 13, 2013 - 12:04 pm
  • Q & A With America’s Real Estate Professor: Paying Down a Mortgage Loan

    Paying Down a Mortgage Loan Q. I recently inherited a fair amount of money and I’m considering paying down my home mortgage balance. I’m a little ...
    Feb. 18, 2014 - 2:14 pm
  • Area ranks low for healthy housing

    The good news is homes in Chicagoland have fewer signs of rats, siding problems and room heaters without flues compared to the national average, accor ...
    Dec. 12, 2013 - 12:11 pm
  • Area Ranks Low for Healthy Housing

    By Sally Deneen The good news is homes in Chicagoland have fewer signs of rats, siding problems and room heaters without flues compared to the na ...
    Feb. 18, 2014 - 2:14 pm
  • Q & A with America’s real estate professor: Buy personal residence or rental property first?

    The best way to get going is to buy a personal residence home that would make a good rental property, live there a few years, then rent it out when yo ...
    Dec. 6, 2013 - 1:35 pm
  • The importance of a home's location

    ...
    Dec. 4, 2013 - 2:27 pm
  • Q & A with America’s real estate professor: Title insurance on refinance

    Title insurance protects you, the buyer, for issues that could affect the title; that occurred before you purchased the property.
    Dec. 2, 2013 - 10:44 am
  • Q & A with America’s real estate professor: Low HOA reserves

    Some Morris homeowners still grapple with underwater mortgages, as 23 percent of locals owe more than their properties are worth.
    Nov. 27, 2013 - 11:17 am
  • Chicago ranks low among ‘most bible-minded’ cities

    ...
    Nov. 20, 2013 - 11:12 am
  • One in 8 Illinois residents has unclaimed property

    ...
    Nov. 18, 2013 - 2:19 pm
  • Q & A With America’s Real Estate Professor: Using an IRA to Buy Real Estate

    ...
    Nov. 15, 2013 - 1:29 pm
  • Q & A With America’s Real Estate Professor: Rent Property or Sell?

    Q. I own a townhouse that I bought 20 years ago that now has $65,000 10-year loan on it. I am deciding if I want to sell it and pay down my mortgage o ...
    Nov. 13, 2013 - 11:13 am
  • Bob Vila’s November ‘must do’ projects

    The Halloween decorations have been cleared out, and there’s a chill in the air — must be time to get ready for winter! This is the month to winteriz ...
    Nov. 11, 2013 - 12:12 pm
  • The barn look: Creating a rustic feel in your contemporary home

    You may not find a wraparound porch or stalls with hay, but newly constructed homes and remodeled properties around the country are getting the barn t ...
    Nov. 6, 2013 - 12:49 pm
  • HARP: Dispelling the myths

    Potentially millions of homeowners could refinance through the Home Affordable Refinance Program (HARP) today and begin saving money each month.
    Nov. 4, 2013 - 10:59 am
  • Damp basement? How to prevent mold in your home

    ...
    Oct. 30, 2013 - 10:52 am
  • Quirky trends in real estate

    As the housing market continues to recover, a bevy of interesting trends have been emerging in the sector, affecting everything from buyer and seller ...
    Oct. 28, 2013 - 11:26 am
  • 52 ways to decorate your pumpkin

    The parade of pumpkin pies, pancakes and spiced lattes has begun, proclaiming loudly that fall is here, and Halloween, with its triangle-eyed, orange ...
    Oct. 23, 2013 - 12:41 pm
  • 5 ways to organize your bedroom

    Let’s face it: Messes are stresses. If you’ve been too busy lately to organize your boudoir, devote time to DIY bedroom-storage projects this weekend.
    Oct. 22, 2013 - 11:53 am
  • How to create a gallery wall in your home

    A gallery wall is a piece of art in itself, explains designer Lora Coburn of Coco Designs. “It’s one showcase of art in a space.”
    Oct. 14, 2013 - 11:45 am
  • 5 October home improvement projects from Bob Vila

    October is a month filled with simple pleasures: cooler temperatures, yard sales, leaf peeping, apple picking and every kid’s favorite holiday, Hallow ...
    Oct. 9, 2013 - 3:14 pm
  • 3 reasons to consider school districts when buying a home

    Here are three reasons why you should consider the quality of school districts when you buy your next home.
    Oct. 7, 2013 - 11:27 am
  • How to maintain the metal parts of your home

    Stroll around a typical American backyard and, among the grass and trees and landscaping, you’re likely to find … metal.
    Oct. 3, 2013 - 12:31 pm
  • Albuquerque real estate becomes the star in ‘Breaking Bad’

    In addition to turning the concept and execution of a TV drama series on its head, “Breaking Bad” also has contributed to the pantheon of TV shows tha ...
    Sept. 30, 2013 - 11:18 am
  • How to save on kitchen remodeling

    Anyone with a kitchen that’s older than this century has probably entertained thoughts of a redo, although just mentally adding up the potential cash ...
    Sept. 25, 2013 - 1:26 pm
  • Renovating this fall? Here’s what you need to know

    More than half (52 percent) of homeowners plan to make a home improvement or addition this fall, according to the Zillow Digs Fall Home Improvement Tr ...
    Sept. 23, 2013 - 11:18 am
  • 6 ways to add chalkboard paint to the home

    Chalkboard paint is not a new trend for the home, but it’s steadily growing in popularity, enthuses designer Joshua Rowland, simply because it’s fun.
    Sept. 18, 2013 - 11:38 am
  • Pocket-sized & pocket-friendly fall vegetable gardens

    ...
    Sept. 16, 2013 - 11:25 am
  • 5 ways to make your bathroom look bigger

    Here are five tips from Bethke and other leading Zillow Digs designers for tackling small bathrooms.
    Sept. 11, 2013 - 11:53 am
  • Top 5 mistakes home buyers make — and how to avoid them

    From the beginning of your home search through closing escrow, there’s an awful lot to think about and do. It’s not unusual to make a mistake along th ...
    Sept. 9, 2013 - 11:33 am
  • Keep your yard party-ready

    If your backyard is less than celebration worthy, don’t fret. Even the most boring lawns can be party-ready with minimal investment of time and money.
    Sept. 4, 2013 - 12:44 pm
  • Why millennials are ditching homeownership to live with mom and dad

    ...
    Aug. 29, 2013 - 2:14 pm
  • (Page Title) - edit me

    ...
    Aug. 26, 2013 - 11:44 am
  • How to build a backyard fire pit

    Many homes have fireplaces or propane stoves inside, but there’s nothing quite like enjoying a fire pit under the stars in your own backyard.
    Aug. 21, 2013 - 11:39 am
  • 4 ways to add luxury to your home

    Ever walk through a design center, flip through a home remodeling magazine or scroll through a home improvement website and think “Why can’t that be m ...
    Aug. 19, 2013 - 11:52 am
  • New Zillow guide: 5 steps to buying a home

    From searching for a home to the final closing, buying real estate is perhaps the single most complicated transaction you’ll ever make.
    Aug. 16, 2013 - 3:14 pm
  • Choosing the best refrigerator for your home

    If you haven’t shopped for a refrigerator lately, be warned: The choices can be a little overwhelming.
    Aug. 14, 2013 - 12:15 pm
  • Oh yeah. Iconic ‘Ferris Bueller’ home back on the market

    ...
    Aug. 7, 2013 - 12:25 pm
  • Get this look: Black & white chic

    If there ever was a color palette that has stayed in style, it’s black and white. Cutting-edge yet classic, black and white can fit in a traditional, ...
    Aug. 5, 2013 - 11:20 am
  • Investing in real estate with cash? Why you might want to reconsider

    Home prices are finally starting to rise, but not so much or so quickly that the great deals are disappearing.
    Aug. 2, 2013 - 11:50 am
  • How to stay cool (and save) this summer

    If the heat of summer has already gotten the better of you, there are a number of ways you can keep your cool. Many cost little or nothing and rely on ...
    July 31, 2013 - 11:55 am
  • What is a home warranty, and do you need one?

    ...
    July 29, 2013 - 11:37 am
  • How much house can you get for the median home value?

    With home values up 5.8 percent year-over-year, the national median has increased to $161,100. For prospective buyers, this begs the question: How muc ...
    July 26, 2013 - 1:09 pm
  • Nurseries fit for the royal baby

    Now that the royal couple have a new royal baby — yet to be named — the newest thing to watch will likely be what the baby wears, how the baby is care ...
    July 24, 2013 - 11:36 am
  • Why this may not be the best time to buy a home … for you

    It’s a good time to buy a home. But is it a good time for you to buy a home? The timing may seem right, but everything else needs to be right, too.
    July 22, 2013 - 12:42 pm
  • 3-bedroom homes for $100,000

    ...
    July 19, 2013 - 11:34 am
  • Real estate to geek out over

    Whether you’re a Harry Potter expert, can understand Chewbacca’s Wookie language or can debate the nuances of Superman comics, we have something new t ...
    July 17, 2013 - 11:41 am
  • Dig this trend: French flair

    ...
    July 15, 2013 - 11:22 am
  • Avoid these common seller mistakes

    Now that home prices have been rising, and buyers are getting off the sidelines (particularly as interest rates creep up), you may be more inclined to ...
    July 12, 2013 - 12:40 pm
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