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Real estate market has undergone sea change in past 20 years
Real Estate MattersFor 20 years, we have been chronicling the developments in the real estate industry in this weekly column. Boy, have times changed! Twenty years ago, the Internet was unknown to most people. Ilyce signed up for an AOL account (she was within the first...Tags: Services and Shopping, Real Estate Agents, Mortgages, Real Estate Sellers, Realty
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Architecture billings point to recovery, albeit tentative one
Real Estate MattersIs the economy turning around? Are we going into another recession? Not according to Kermit Baker, chief economist for the American Institute of Architects and a senior research fellow with the Joint Center for Housing Studies at Harvard. To the...Tags: Real Estate, Services and Shopping, Federal Reserve, Architecture, Realty
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Will the housing market revival last?
Real Estate MattersThe housing market news sounds good this week. Sales of previously owned homes crawled up another 0.4 percent in January, which means that if this level of housing activity keeps up all year, sales will hit nearly 5 million,. That's not the only good...Tags: Money and Monetary Policy, Financial and Business Services, Services and Shopping, Federal Reserve, Finance
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Economic upturn -- and real estate recovery -- still in limbo
Real Estate MattersEach week, pundits step forward to proffer yet another prediction about where the housing market is going. Since 2006, when the housing market began its descent, all we've heard is that the residential real estate market has hit rock bottom, and the...Tags: Real Estate, Services and Shopping, Homes, Real Estate Buyers, Hurricane Sandy (2012)
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McManus: Tax reform that hits home
Would you support a tax reform measure that could help reduce the federal deficit, remove a needless distortion in the economy and make the system fairer? Me too, which is why I'm taking aim at a sacred cow: the home mortgage interest deduction. That'...
Tags: Financial and Business Services, Personal Income, Services and Shopping, Mortgages, Realty
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Navigating the new real estate apps
I recall a time when the real estate industry actually fought the approach of Internet technology, fearing that it would kill its "people" business. (Many of the same Cassandras said the same thing about the advent of the fax). But lately it seems...
Tags: Apartments, Services and Shopping, Real Estate, Computer Hardware, Apple iPad
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Rebound appears in Realtors' paychecks
How much did your real estate agent earn last year? Chances are, he or she got a raise — a big one, at least on paper. In a report that some in the industry believe is an indicator that the housing market is recovering, the National Association of...
Tags: Media Industry, Real Estate, Services and Shopping, Lifestyle and Leisure, Clubs and Associations
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Agents and brokers are holding the foreclosure door wide open for buyers looking for a bargain
Special to the TribuneTwo years ago, Jason Pietrucha read the foreclosure writing on the wall. The mortgage broker saw California's growing default rate and prepared for the home-loan tsunami to hit Illinois. Switching to real estate sales, Pietrucha deals almost exclusively...Tags: Auction Service, Financial and Business Services, Services and Shopping, Mortgages, Foreclosures
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Flat rate listing agent may fall short on service
Real Estate MattersQ: What's your opinion of the flat rate listing vs. the traditional "full service" listing agent? We listed our previous home with a flat rate listing service about 10 years ago but it ultimately didn't sell that way. I'm still considering going that...Tags: Services and Shopping, Real Estate, Homes, Real Estate Agents, Property
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Real estate apps open doors
This story contains corrected information. For a while there, it seemed as if the real estate industry was rolling out an app a day, each and every one promising to "revolutionize the way homes are bought and sold," as their press releases routinely...
Tags: Services and Shopping, Investments, Apple iPad, Apple iPhone, Apple iPod
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Flush but frustrated borrower points out continued weakness in lending environment
Real Estate MattersQ: My current mortgage has a rate of 4.99 percent with 27 years left on the term. I was looking at refinancing to a 30-year loan at 3.5 percent with a cash-out refinance to pay off our second home which has a balance of $35,000 at 5.25 percent and six...Tags: Services and Shopping, Mortgages, Finance, Economy, Business and Finance, Realty
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Prepurchase classes highlight need for homebuyer literacy
Rents are up. Home price declines are shrinking. Mortgage rates are so low they're hard to believe. The situation is prompting would-be homeowners to ask themselves whether this is the time to buy. But they're also asking themselves whether they're truly...
Tags: Environmental Issues, Energy Saving, Housing and Urban Planning, Finance, Mortgages
Mar 15, 2013
|Column| Tribune Media Services
Mar 8, 2013
|Column| Tribune Media Services
Mar 1, 2013
|Column| Tribune Media Services
Feb 15, 2013
|Column| Tribune Media Services
Feb 6, 2013
|Column| Los Angeles Times
Jan 25, 2013
|Column| Chicago Tribune
May 24, 2013
|Column| Chicago Tribune
Jun 22, 2008
|Column| Chicago Tribune
Nov 25, 2012
|Column| Tribune Media Services
Sep 20, 2012
|Column| Chicago Tribune
Sep 29, 2012
|Column| Tribune Media Services
Nov 9, 2012
|Column| Chicago Tribune
Original site for Housing Industry topic gallery.
