| Apr 7, 2013
More than 50 struggling Chicago-area homeowners last year placed their faith and their savings into the hands of Washington National Trust, which promised to save their homes from foreclosure.
The homeowners, most of them Hispanic and living in Aurora,...
| Apr 15, 2013
| 2:14 PM
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...
| Jan 16, 2014
It's another piece of the puzzle needed to complete a recovery of the housing market, and there are signs that it's falling into place.
Foreclosure activity last year in the Chicago area fell to its lowest level since 2008, when the housing crisis began...
| Jan 24, 2014
| 3:32 PM
Editor’s note: The Woodstock Institute said Friday it made a significant error in reporting foreclosure cases for Cook County. The error, in turn, affected several of its findings contained in a story on the front page of Wednesday’s...
| Jan 24, 2014
Seven years after crashing in spectacular fashion, the Chicago area's housing market found its footing in 2013, leading to optimism that the darkest days are behind an economic growth engine that fuels the sale of everything from home loans to lawn...
| Aug 7, 2013
| 1:07 PM
President Obama paused on his trip through Los Angeles on Wednesday to conduct a novel interview on housing policy with the chief executive of the real estate website Zillow.com.
The president reiterated his call for the passage this year of a broad...
| Aug 27, 2013
A federal court ruling has dealt a setback to Chicago's efforts, and to potentially those of municipalities around the country, to maintain some of the vacant properties caught in the limbo of the foreclosure process.
Chicago's ordinance, which took...
| Sep 10, 2013
| 4:29 PM
The state of Illinois is suing the nation's largest privately held firm that maintains foreclosed homes, alleging it illegally broke into the occupied homes of people behind on their mortgage payments or in foreclosure, locked them out and removed their...
| Sep 12, 2013
In the first 10 days of September, city of Chicago operators logged 359 calls about problems at vacant buildings, ranging from reports of open or missing front or back doors to pried-off plywood panels to trespassers.
The city is trying to lessen that...
| Sep 14, 2013
| 7:00 AM
Never let a crisis go to waste, says an old rule of politics.
For some major players in the economy, the financial crisis that began five years ago this month with Lehman Bros.' collapse turned out to be as much an opportunity as a calamity....
| Sep 17, 2013
| 10:01 PM
Single-family-home prices rose strongly in Chicago and suburban Cook County during the year's second quarter, according to a local home price index, validating the sentiment that a housing recovery has taken hold in the Chicago area.
However, the pace...