By September 2026, many homeowners find themselves with substantial equity available for borrowing. Owning a home entails costs such as routine maintenance, taxes, insurance, and currently high interest rates. Despite these expenses, borrowing against home equity can be a beneficial option, especially for those needing a significant sum like $75,000. Understanding Home Equity Loans In...
Locking in your mortgage interest rate this September could be beneficial. Despite current elevated rates, taking action now may save you money in the long run. Rising Mortgage Interest Rates September 2026 was expected to bring relief in mortgage rates. The Federal Reserve had reduced rates three times at the end of 2025, suggesting a...
The number of Americans unable to keep up with homeowners association (HOA) payments has surged over the past three years. HOA fees have steadily increased, heightening the risk of homeowners losing their properties. According to a study by property data platform Cotality, HOA liens rose 41.7% nationally between 2022 and 2025. Three years ago, there...
Skokie Park District’s Proposal for Timber Ridge Park Expansion The Skokie Park District aims to transform the closed Dr. Bessie Rhodes School of Global Studies property into parkland. Executive Director Michelle Tuft revealed the district’s interest in purchasing the site to expand Timber Ridge Park, located at 9040 Lawndale Avenue in Skokie. Financial Considerations The...
New home prices have hit their lowest since the pandemic, as low demand persists. This situation forces homebuilders to offer significant discounts to entice buyers. Recently, the median sales price for new homes dropped to $393,800 in July, compared to $403,100 in June. It also showed a decrease from $397,300 a year earlier. These figures,...
Homeowners should examine the costs associated with borrowing against their home equity before making any financial commitments. This consideration is particularly crucial as we approach September 2026, with inflation, potential Federal Reserve rate hikes, and high household debt levels impacting financial decisions. If you own a home, your equity could serve as an affordable financing...
Address: 2715 N. Bosworth Ave., Chicago Price: $2,295,000 Listing Date: July 13, 2026 Property Overview This exquisite home in Lincoln Park features six bedrooms, four bathrooms, and three outdoor spaces, offering ample room for comfortable living. Interior Features The kitchen stands out with its porcelain counters and backsplash, a waterfall island, and Thermador appliances. It...
Founder Hui Ka Yan Sentenced Hui Ka Yan, the founder of the Chinese property developer Evergrande, received a life sentence from a Shenzhen court. The court also imposed fines totaling $2.3 billion on the companies associated with Evergrande. This marks a significant development in the Evergrande situation that began with its monumental financial collapse. Evergrande’s...
In July, sales of previously occupied homes in the U.S. slowed, hindered by record prices and rising mortgage rates. According to the National Association of Realtors (NAR), existing home sales declined by 1.7% from the previous month, reaching an annual rate of 4.06 million units. This figure marginally surpassed the 4.05 million units anticipated by...
Joshua Leibner and Katherine Henninger embrace a lifestyle focused on spending wisely. As Henninger, an English professor at Louisiana State University, notes, ‘Josh will drive across town to use a Groupon.’ Art is the exception to their frugality. When they decided to add an accessory dwelling unit (ADU) next to their home in Northeast Los...