Is Foundation Shifting Affecting Your Home in Chicago?

During the home building process, a great deal of excavation is done to make room for the new house. The soil around the home is dug up and later used to fill in the area around the home’s foundation. Over time, it’s expected that this soil will shift and settle due to the weight of […]

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How to Get Your Real Estate License in Chicago

Thinking about a career in real estate? With more and more construction in Illinois, especially in Chicago, there’s serious money to be made for real estate agents who are willing to put in the hard work that’s necessary for success. If you’re ready to take the plunge, here are the steps you’ll have to take. […]

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Mortgage Default Rate in Illinois

The mortgage industry is still recovering from the housing crisis that occurred in 2008. Mortgage default rates in Illinois have a huge impact on the economy, and they can be used as in indicator of current and future growth. In cities like Chicago, homeowners continue to face the possibility of defaulting on their home mortgages […]

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Can an Executor Sell a House without Beneficiaries Approving it in Illinois?

In Illinois, Can an Executor Sell Property Without the Beneficiaries Approving? As the executor of an estate, you may be called on to sell a house to pay off debts or expenses, or simply to distribute the estate among the beneficiaries. But things can get complicated when the beneficiaries can’t agree whether or not to […]

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How Gentrification is Affecting Housing Prices in Chicago

When a formerly depressed neighborhood suddenly becomes hot, rapid growth can transform an area almost overnight. But it can also bring expensive growing pains. Is gentrification making Chicago unaffordable? Gentrification can happen quickly. As higher-income buyers move into a growing neighborhood, the cost of living goes up. Rents typically escalate, forcing poor and working-class families […]

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Are Homes in Chicago Worth Less Than Before the Housing Market Crash?

Are Chicago Homes Worth Less Than Before the Housing Market Crash? A decade after the housing market crash, two out of three homes in America still aren’t worth as much as they were in 2007. How does the Chicago real estate market compare to the rest of the nation? The answer may surprise you. The […]

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The Challenges of Selling a House in a Bad Neighborhood in Chicago

Chicago is one of the world’s great cities. We’ve got it all: world-class dining, amazing culture, and of course, the 2017 baseball world champion Cubbies (no, we still can’t believe it finally happened). We’re home to some of the most distinctive and celebrated neighborhoods in the country. But unfortunately, we’ve also got some of the […]

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What Happens to a Condemned House in Chicago?

A house in Chicago is condemned when the city determines that it is no longer fit to inhabit. Usually, this happens because of an ongoing pattern of unsafe housing code violations. No one may live in a condemned building or use it until the owner has proven that the cited problems have been fixed. As […]

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Homeowner’s Rights During a Foreclosure in Illinois

Facing foreclosure may feel like the end of the world, but it doesn’t mean you should give up hope of keeping your home. In fact, many homeowners aren’t aware of all the options they have when facing foreclosure. Keep reading to discover exactly what your rights are during a foreclosure in Illinois. Occupants can remain […]

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Most Popular House Styles in Chicago

Chicago is famous throughout the world for its architecture, but there’s much more to the Second City than groundbreaking skyscrapers. This is a city of neighborhoods, and throughout these areas, you’ll find an extensive variety of house styles. Even though development for new homes is increasing as fast as builders can tear down the old, […]

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