Here’s where rents are falling the most as US prices hit a four-year low
U.S. renters are seeing modest relief as asking rents continue to decline, with February marking the 30th straight month of year-over-year drops.
U.S. renters are seeing modest relief as asking rents continue to decline, with February marking the 30th straight month of year-over-year drops.
Illinois lawmakers want to end seizure of homes over delinquent property taxes
In 2023, the U.S. Supreme Court ruled that seizing homes over delinquent property taxes in cases where the debt owed is lower than the equity in the home is illegal. Yet, Illinois remains the only state in the country to continue the practice. Illinois lawmakers announced plans to end the practice.
In 2023, the U.S. Supreme Court ruled that seizing homes over delinquent property taxes in cases where the debt owed is lower than the equity in the home is illegal. Yet, Illinois remains the only state in the country to continue the practice. Illinois lawmakers announced plans to end the practice.
Mortgage rates fall to lowest level since 2022
Mortgage rates fell this week to their lowest level since September 2022, with the average 30-year fixed rate dropping to 6.01% from 6.09% last week, according to Freddie Mac.
Mortgage rates fell this week to their lowest level since September 2022, with the average 30-year fixed rate dropping to 6.01% from 6.09% last week, according to Freddie Mac.
Zillow: US rent growth slows as affordability improves
U.S. rent growth continued to cool in January, slowing to its weakest pace in more than four years as supply increases and vacancies remain elevated, according to Zillow.
U.S. rent growth continued to cool in January, slowing to its weakest pace in more than four years as supply increases and vacancies remain elevated, according to Zillow.
Chicago mother claims unsafe conditions in apartment are harming her children's health
A mother of four living in a subsidized housing apartment on the 4800 block of North Avers says unsafe conditions inside her unit are putting her children’s health at risk — and despite months of repair requests, she says little has changed.
A mother of four living in a subsidized housing apartment on the 4800 block of North Avers says unsafe conditions inside her unit are putting her children’s health at risk — and despite months of repair requests, she says little has changed.
Chicago mother claims unsafe conditions in apartment are harming her children's health
A mother of four living in a subsidized housing apartment on the 4800 block of North Avers says unsafe conditions inside her unit are putting her children’s health at risk — and despite months of repair requests, she says little has changed.
A mother of four living in a subsidized housing apartment on the 4800 block of North Avers says unsafe conditions inside her unit are putting her children’s health at risk — and despite months of repair requests, she says little has changed.
White House teases housing affordability plan
As interest rates stay high, the White House weighs ideas like 50-year and portable mortgages, raising questions about whether fixes for housing affordability could bring unintended consequences.
As interest rates stay high, the White House weighs ideas like 50-year and portable mortgages, raising questions about whether fixes for housing affordability could bring unintended consequences.
Broken elevator makes disabled Chicago area woman 'feel like a prisoner'
A disabled suburban woman said she feels trapped in her own home after the elevator in her apartment building went down three months ago.
A disabled suburban woman said she feels trapped in her own home after the elevator in her apartment building went down three months ago.
How Cook County homeowners can appeal their property taxes | ChicagoLIVE
Many homeowners across Cook County got major sticker shock when they opened their property tax bills this year. But there is a process to appeal their home's assessment.
Many homeowners across Cook County got major sticker shock when they opened their property tax bills this year. But there is a process to appeal their home's assessment.
Chicago residents say apartment conditions are making them sick, demand repairs
Residents of Harrison Court Apartments spoke up about living conditions that they say are sending them to the hospital.
Residents of Harrison Court Apartments spoke up about living conditions that they say are sending them to the hospital.
Homeowners insurance costs could spike over next 2 years
Homeowners could see insurance premiums jump another 16% over the next two years due to an uptick in natural disasters and rebuilding costs.
Homeowners could see insurance premiums jump another 16% over the next two years due to an uptick in natural disasters and rebuilding costs.
Why Chicagoans' property tax bills skyrocketed this year | The Chicago Report
Cook County Assessor Fritz Kaegi explains why so many Chicago homeowners' property tax bills went way up this year.
Cook County Assessor Fritz Kaegi explains why so many Chicago homeowners' property tax bills went way up this year.
Could portable and 50-year mortgages help Americans afford homes again? Expert weighs in
Jenna Stauffer, a real estate broker and market analyst, explains how portable and 50-year mortgages might ease today’s housing costs and whether they could reshape — or overheat — the market.
Jenna Stauffer, a real estate broker and market analyst, explains how portable and 50-year mortgages might ease today’s housing costs and whether they could reshape — or overheat — the market.
Hidden homeownership cost in US is nearly $16K a year, Zillow analysis finds
Homeownership is already expensive, but a new report shows the additional costs that may be putting a squeeze on your finances.
Homeownership is already expensive, but a new report shows the additional costs that may be putting a squeeze on your finances.
Fulton Market developments struggle with financing | The Chicago Report
You'd be hard-pressed to find a hotter neighborhood in the area than Chicago's Fulton Market, but while many developments are ready to go, they can't get the financing to get off the ground.
You'd be hard-pressed to find a hotter neighborhood in the area than Chicago's Fulton Market, but while many developments are ready to go, they can't get the financing to get off the ground.
The 10 states where homeowners save the most on property taxes
Property taxes are on the rise across much of the U.S., with the median bill climbing 2.8% in 2024 to $3,500, according to Realtor.com.
Property taxes are on the rise across much of the U.S., with the median bill climbing 2.8% in 2024 to $3,500, according to Realtor.com.
Chicago area veteran in danger of losing his home over tax mistake
A suburban veteran could lose his home after a paperwork mistake and a fight between the county and his bank.
A suburban veteran could lose his home after a paperwork mistake and a fight between the county and his bank.
Block Club Chicago: Rogers Park tenants call for rent strike after new landlord’s ‘excessive’ price increase
Tenants formed a union this summer, hoping to negotiate with their new landlord for lower rent increases and much-needed improvements to the buildings. Block Club Chicago's Jon Hansen joins to share more on this story.
Tenants formed a union this summer, hoping to negotiate with their new landlord for lower rent increases and much-needed improvements to the buildings. Block Club Chicago's Jon Hansen joins to share more on this story.
Residents demand meeting over land promised for public housing
This is the second time that community residents are publicly asking to meet with Chicago Mayor Brandon Johnson and the Chicago Housing Authority over land that was promised for public housing.
This is the second time that community residents are publicly asking to meet with Chicago Mayor Brandon Johnson and the Chicago Housing Authority over land that was promised for public housing.
Cook County to provide $1,000 payments for homeowners
Cook County will soon be sending $1,000 payments to homeowners who have seen big increased in their property tax bills.
Cook County will soon be sending $1,000 payments to homeowners who have seen big increased in their property tax bills.