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Small Town Offering Cash to Home Buyers

One Illinois city is offering some incentives to spur housing growth. The City Council in Yorkville has approved a program that hands over $10,000 to home buyers when they take occupancy of a new area home. City officials initiated the program to try to get some new homes built on 9,000 vacant plots throughout Yorkville, [...]

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More than Half-Million Chicagoans Without Power

It barely rains anymore in the Chicago area, instead we get massive storms that pound our city and suburbs, causing power outages and destruction that take days to repair. And it has happened again. Severe thunderstorms blew through the Chicago-area Monday morning, leaving a record-breaking 868,000 ComEd metro Chicago real estate owners and renters without [...]

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Mr. Fix-It Wants to Fix Your Chicago Home

My dream is to have a home improvement expert come in to my Chicago real estate and fix the place up. For free, of course. Now I actually might have that chance, and you do too. Chicago’s Lou Manfredini is taking his Mr. Fix-It show on the road and into the homes of six lucky [...]

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Violent Storm Downs Trees, Knocks Out Power

Just how long does frozen food last in a freezer without electricity? More than 200,000 homeowners are asking that question today, after a storm that recorded 80 mph winds on Tuesday downed trees and cut power to more than 400,000 Chicago-area residents. Commonwealth Edison is reporting that it could take several days to restore power [...]

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More Evidence of a Home Buyer’s Market

Yesterday, we reported about Chicago real estate values and how it will most likely continue to be a buyer’s market for at least the rest of the year. Today, there is more evidence to support that theory. The Illinois Association of REALTORS has released its first quarter 2011 report to show that the sale of [...]