Loop North Real Estate News

Marina City condo board tries to rein in colorful balcony lights

Less than two weeks before Christmas, Marina Towers Condominium Association is trying, perhaps in vain, to rein in use of balcony lights that are not white – and lights of any color that are on after midnight.

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Refinance window closed for homeowners chained to adjustable rate mortgage

For home and condo owners chained to an ARM, a year ago would have been a good time to refinance into a loan with a fixed interest rate.

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Reprieve extended for Superior Street row houses threatened with demolition

Demolition of three 19th century row houses on Superior Street will not happen until March 8 at the earliest.

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City of Big Shoulders should be proud of its 77 urban neighborhoods

Chicago is a city of unique and distinct neighborhoods – we are blessed with a whopping 77 of them.

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When is the best day of the year to buy a home or condo?

You’ve come to the right month for the best price deals. Seven of the year’s ten best days are in December.

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Skip the holiday cheer – hunt for home and mortgage now

Prospective buyers should forget about celebrating the holidays and start home hunting and mortgage shopping now to lock in the best late-2018 loan deals.

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Average apartment sizes in Chicago are shrinking

Already among the smallest in the nation, apartments in Chicago are getting smaller, according to a nationwide apartment search website.

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Downsizing to a smaller home? Brace yourself for a mammoth job

When the nest is empty and retirement is on the horizon, every homeowner eventually will face the dilemma of downsizing to a smaller abode.

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Casino, legal pot to help pay Chicago’s $28B pension debt?

Now that all the election smoke has cleared out of Chicago’s political back rooms, it is time to start considering how the city is going to pay its $28 billion in pension debt.

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Chicago’s million-dollar-plus home/condo market on a roll

Despite higher mortgage interest rates, the market for million-dollar-plus homes, townhomes, and condominiums in Chicago has not lost its glitter.

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Escaping Condo Jail