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Monday, 05 January 2009 |
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A key support for mortgage lending just shrank, dealing a new blow to the moribund housing market.
As of Jan. 1, the Federal Housing Administration reduced the amount it will guarantee on mortgages in the Chicago area to $365,700 from $417,000. FHA-backed mortgages filled part of the gap left by ... |
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South Loop cool-down seen in '09 |
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Monday, 05 January 2009 |
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The downtown Chicago condo market is bad all over, but it's worse in the neighborhood that was hottest during the building boom: the South Loop.
Builders will complete 2,147 condos in the South Loop this year, a 66% increase over 2008 and nearly half the total for all of downtown Chicago, ... |
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A new high-rise home for city's sports stars |
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Monday, 05 January 2009 |
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Lake Point Tower seems to be losing its reputation as Chicago's high-rise locker room.
Trump International Hotel & Tower just saw another pro-ball name sign for one of its exclusive residential condominiums.
Cris Carter, the former Minnesota Vikings receiver who now works for ESPN, closed last ... |
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