News

Decision looming for future of landscape facility in Carol Stream

Daily Herald - Sat, 11/19/2016 - 22:47
Carol Stream trustees on Monday could move to terminate a permit for developers of a drop-off facility for landscape waste or give them more time to break ground on the project.

Train in northern India derails, killing at least 45 people

Plainfield News - Sat, 11/19/2016 - 22:19
LUCKNOW, India – Fourteen coaches of a passenger train rolled off the track early Sunday, killing at least 45 people and injuring more than 120 in northern India, officials said.

Two heroic Wheaton warriors recognized with inaugural street signs

Daily Herald - Sat, 11/19/2016 - 21:39
Two fallen comrades and Wheaton North High School graduates, Marine Lance Cpl. Nicholas Larson and Army Staff Sgt. Robert Miller, were recognized Saturday afternoon with honorary street signs in Wheaton. "Two great warriors. God bless them," said Bob "Doc" Adams, co-founder of Midwest Shelter for Homeless Veterans, who asked the city to begin a street sign program.

Activists: Intense bombing of Syria's Aleppo kills 20

Plainfield News - Sat, 11/19/2016 - 19:01
BEIRUT – Government bombardment of besieged rebel-held neighborhoods in Aleppo killed at least 20 people Saturday, the worst since airstrikes resumed earlier this week, said Syrian opposition activists, as the U.S. called for an end to the bombings.

Space station receives oldest female astronaut, bit of Mars

Plainfield News - Sat, 11/19/2016 - 18:56
CAPE CANAVERAL, Fla. – The International Space Station gained three new residents Saturday, including the oldest and most experienced woman to orbit the world.

Debate over 'Hamilton' speech exposes post-election cracks

Plainfield News - Sat, 11/19/2016 - 16:48
NEW YORK – President-elect Donald Trump demanded an apology from the cast of the Broadway musical "Hamilton" a day after an actor in the hit show delivered a pointed message about diversity to his running mate who was in attendance, prompting angry responses from liberals and conservatives alike and underscoring yet again the fractious aftermath of the 2016 election.

Max Weinberg Is Selling a House in Italy

Eight years after buying their classic Tuscan getaway, Mr. Weinberg, the drummer for Bruce Springsteen’s E Street Band, and his wife are ready to part with it.

Ask Real Estate: Will Removing a Bathtub Affect the Value of My Apartment?

You might not like the idea of keeping the tub, but if you lose it, you will probably be in the minority.

New director making big plans for Joliet downtown library

Plainfield News - Sat, 11/19/2016 - 06:30
JOLIET – Megan Millen wants to make the Joliet Public Library a downtown destination point.

Living In: Capitol Hill Historic District, Washington, D.C.: Surprisingly Homey

Neighboring Congress and the Supreme Court, the historic district is where monumental, white-stone Washington intersects with a quirky, lush village.

Living in the Capitol Hill Historic District, Washington, D.C.

The neighborhood is where monumental, white-stone Washington intersects with a quirky village.

Don’t Move: Americans Migrated Less This Year

Real Estate News - Sat, 11/19/2016 - 00:07

Despite a strengthening housing market and an improving overall economy, a new study shows Americans are deciding not to move as much. Moves across the country have declined to an all-time low this year, with the percentage of Americans migrating within the country falling to 11.2 percent.

The most moves, according to the U.S. Census Bureau’s “Geographic Mobility: 2015 to 2016,” came from minority demographics. The African-American population made up 13.8 percent of those relocating, and the Asian population brought in another 13.4 percent. The Hispanic/Latino population comprised 12.6 percent of all moves; the white population comprised only 10.3 percent of those packing their boxes. The non-Hispanic white population brought up the rear with 9.8 percent.

“People in the United States are still moving, just not to the same extent as they did in the past,” says David Ihrke, a survey statistician in the Census Bureau’s Journey-to-Work and Migration Statistics Branch. “The decision to move can be personal and contextual. What causes one person to move might not be enough to convince another.”

Why Are(n’t) We Moving?
The majority of those who moved (42.2 percent) did so for a “housing-related reason,” such as the desire to snag a “better” spot. As employment strengthens, more people are able to sock away a little savings or afford higher monthly mortgage.

The report noted that approximately 27 percent of movers migrated for a “family-related reason.” A chunky 20.2 percent moved for an “employment-related reason.”

The South is a happening place. While the most outbound moves (901,000) occurred in the South, those residents were replaced with even higher inbound moves (940,000), according to the report.

Moves between Florida and New York and California and Texas occurred at a marked rate: New York had 69,289 residents migrate to Florida, and California had 65,546 residents migrate to Texas.

The most significant migration at the county level took place from Los Angeles County to Orange County and San Bernardino County, Calif., with 39,865 moves as residents of La La Land hightail it out of the city.

Source: U.S. Census Bureau

Suzanne De Vita is RISMedia’s online news editor. Email her your story ideas at sdevita@rismedia.com. Zoe Eisenberg is RISMedia’s senior content editor. Email her your story ideas at zoe@rismedia.com.

This was originally published on RISMedia’s blog, Housecall. Visit the blog daily for housing and real estate tips and trends.

The post Don’t Move: Americans Migrated Less This Year appeared first on RISMedia.

Real Estate Investors Target College Towns…Maybe You Should, Too

Real Estate News - Sat, 11/19/2016 - 00:06

Every year, well over 100,000 students, faculty and staff infiltrate the otherwise sleepy little community of Bryan-College Station, Texas. Why? College Station is home to one of the world’s largest universities—Texas A&M—and Bryan is home to Blinn College. These two institutions combined tip the enrollment scales at over 100,000 undergraduate students, making the area a prime location for international investors. But what makes this market unique is that on-campus housing—the dorm life—is limited to less than 25 percent of the freshman class. Plus, a significant majority of the remaining students, and a very large percentage of the supporting staff and ancillary service providers, choose to rent during the school year, rather than own. This makes for a huge off-campus rental market, and investors across the globe are taking notice. If you’re an owner looking for an ancillary product to add to a growing list of services, or a sales professional wanting to build an international niche, you should consider targeting college towns like Bryan-College Station.

Historically, college towns across the country—especially in states like Texas—have some of the most undervalued real estate in the nation, and savvy investors are cashing in on the opportunities. Teams like mine at CENTURY 21 Beal in College Station are creating a full-service investment real estate sales and management niche by attracting large investors looking for secondary and tertiary markets to drive portfolio value and first-time buyers who appreciate and value real estate as an asset to building wealth.

“I like to use the 1 percent rule,” says NFL Hall of Famer and real estate investor Bruce Matthews. “If I can buy a $200,000 property that rents for 1 percent, or $2,000 per month, I’m cash-flow positive with current interest rates and a 20 percent down payment. I just let the tenants pay for my house and let Aggieland Properties take care of everything else.”

Bruce isn’t alone. Investors across the globe are zeroing in on college towns for their historically affordable real estate, extraordinarily captive audience of tenants and tremendous cash flow opportunities.

The opportunity, therefore, is for professionals to step in on behalf of their clients, be the knowledgeable resource about the market and the product type the investor is interested in, negotiate the best deal possible on their behalf, and complete the transaction for investors who, in many cases, conduct this business without even stepping foot in the market. You’ll need a system and platform that best suits your needs to leverage these opportunities, and we couldn’t ask for a better partnership than the one we have between Century 21 Real Estate and the CENTURY 21 Beal, Aggieland Properties Team.

Kevin Matthews is a sales professional with CENTURY 21 Beal, Aggieland Properties Team.

For more information, please visit www.century21.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Real Estate Investors Target College Towns…Maybe You Should, Too appeared first on RISMedia.

Just for Fun: Houses Covered in Snow

Real Estate News - Sat, 11/19/2016 - 00:03

Ah, winter! The time of cozy fires, big ol’ mugs of hot cocoa, and—for those of us living in frosty climates—hours upon hours of shoveling snow.

Whether it’s laziness or forgetfulness, not clearing your home of snow in a timely fashion can create a bevy of problems, from a cracked foundation to a flooded basement or a slippery driveway that leads to a lawsuit from your irritable postal service employee.

Just for a fun little winter pregame, here is a selection of homes absolutely smothered in snow. Sit back and prepare to pity these homeowners.

Are you excited for snow season yet?

Zoe Eisenberg is RISMedia’s senior content editor. Email her your story ideas at zoe@rismedia.com.

This was originally published on RISMedia’s blog, Housecall. Visit the blog daily for housing and real estate tips and trends.

The post Just for Fun: Houses Covered in Snow appeared first on RISMedia.

Bolingbrook man gets 40 months in prison, 20 years supervision for 2014 terror charge

Plainfield News - Fri, 11/18/2016 - 22:04
Spokesman: Length of supervision might be longest in district history

Minooka District 111 board approves balloon tax levy increase

Plainfield News - Fri, 11/18/2016 - 20:14
MINOOKA – The Minooka Community High School District 111 board last week approved the district’s tentative 2016 property tax levy of $34.78 million, a 20.1 percent increase over last year’s property tax extension.

Catapult Competition: St. Louis Radon seeks to double business, 'professionalize' industry - St. Louis Business Journal

Radon Testing News - Fri, 11/18/2016 - 19:57

St. Louis Business Journal

Catapult Competition: St. Louis Radon seeks to double business, 'professionalize' industry
St. Louis Business Journal
One in five Missouri homes is estimated to have elevated levels of radon, a colorless, odorless radioactive gas that's a carcinogen in high doses. That's why St. Louis Radon CEO Cherie Summa wants to change how the state and public approach radon ...

Judge: Prior gun conviction stands, murder trial date set for Lockport man

Plainfield News - Fri, 11/18/2016 - 19:16
JOLIET – A judge has ruled a prior weapons conviction will stand against a Lockport man who is facing murder charges.

Doctors urge testing for radon in homes - WFMZ - WFMZ Allentown

Radon Testing News - Fri, 11/18/2016 - 17:10

WFMZ Allentown

Doctors urge testing for radon in homes - WFMZ
WFMZ Allentown
Doctors are urging people to test their homes for radon after a record level of the gas was found in southern Lehigh County.
Pennsylvania home found with record-high radon reading - ABC27abc27

all 2 news articles »

Donald Trump agrees to $25 million settlement to resolve Trump University lawsuits

Plainfield News - Fri, 11/18/2016 - 16:48
SAN DIEGO – President-elect Donald Trump has agreed to a $25 million settlement to resolve three lawsuits over Trump University, his former school for real estate investors.

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