News

Falling Rates Spur Revival in Market for Mortgages

Wall Street Journal Real Estate - Thu, 01/15/2015 - 04:42
The moribund mortgage market suddenly sprang back to life last week after a drop in interest rates to levels not seen in almost two years sent borrowers rushing to lock in cheaper loans.

Oak Lawn restaurateur has record Christmas meals drive

SouthTownStar Newspaper - Thu, 01/15/2015 - 03:14

More than 3,200 meals were served to the needy and elderly on Christmas Day, the most ever, by volunteers during the annual event organized by the owner of Big Pappa’s, a fast-food restaurant in Oak Lawn. Sandra DiGangi appeared at Tuesday night’s village board meeting to thank the community for helping her make Christmas brighter for many in need. DiGangi told the mayor and trustees that she was overwhelmed by the response, which enabled the restaurant to offer about 900 more meals than in 2013 and about 2,700 toys for children. Of the 3,200 meals, 2,257 meals were delivered to …

Carmen de Lavallade on a Life in Dance

Wall Street Journal Real Estate - Wed, 01/14/2015 - 23:05
The dancer and choreographer remembers a childhood in L.A. and a fateful move east with Alvin Ailey

Police: Three stole $631K from elderly Palos Hills woman's account

Palos Area News - Wed, 01/14/2015 - 19:30

Three people are suspected of stealing more than $630,000 from an elderly southwest suburban woman, and while one is behind bars, the others may have fled to the Philippines, police said. Joliet resident Marion Issert, 65, was arrested Wednesday and charged with one count of felony senior financial exploitation, according to a statement from Palos Hills police.

Brrrr-utal! The 10 costliest winter storms

BankRate - Wed, 01/14/2015 - 19:00
Remember the coldest Christmas or the 1994 ice storms? See winter at its harshest.

5 richest Oscar-winning actors

BankRate - Wed, 01/14/2015 - 19:00
Walking the red carpet has translated into a lot of green for these wealthy movie stars.

Which debts can be discharged in bankruptcy?

BankRate - Wed, 01/14/2015 - 19:00
Filing bankruptcy does have some debt exclusions, but these bills and loans are usually covered.

Refi boomlet arises as mortgage rates fall

BankRate - Wed, 01/14/2015 - 19:00
As mortgage rates fall to a 20-month low, banks see a spike in applications.

Giulio Iacchetti’s Adult Piggy Bank

Giulio Iacchetti’s glazed ceramic Nola money box holds bills as well as coins.

Shopping With Ben Bischoff: Shopping for Cabinet Pulls with Ben Bischoff

The proper cabinet hardware looks good and feels special on your fingertips.

Market Ready: What Can I Do About Messy Foot Traffic During Winter Open Houses?

It’s difficult to avoid having showings during inclement weather, but a supply of contractor-grade shoe covers might be helpful.

On Location: With Wide-Open Acres

It was easy to embrace a dilapidated farmhouse when the buyers saw the chunk of property it sat on.

Walls: From Deborah Bowness, Wallpaper That Mimics Walls Themselves

Deborah Bowness designs wallpaper that brings exterior scenes indoors.

Soft Headboards From Alessandra Baldereschi

Easily mistaken for puffy wall art, Alessandra Baldereschi’s upholstered pieces are entirely functional and were created out of necessity.

‘System Design: More Than 100 Years of Everyday Chaos’ Opens in Cologne

The exhibition at the Museum of Applied Arts spans almost every category of design, including fashion, graphics, furniture and electronics.

Retired pro cyclist Christian Vande Velde lists Lemont house for $950,000

Chicago Tribune Homes - Wed, 01/14/2015 - 16:27
Former professional racing cyclist Christian Vande Velde has listed his five-bedroom, 8,000-square-foot ranch-style house in Lemont for $950,000.






Pillows For Geometry Lovers

Wall Street Journal Real Estate - Wed, 01/14/2015 - 13:19
Anything but formulaic, these prismatic pillows take the current vogue for mathematical patterns into uncharted territory.

Commercial Mortgage-Backed Securities Make Comeback

Wall Street Journal Real Estate - Wed, 01/14/2015 - 12:37
A hunt for yield and a gradually improving property market are bolstering a key engine of U.S. commercial property lending, helping borrowers to refinance but also reigniting fears the market is getting overheated.

Developer Plans a Boardwalk Empire

Wall Street Journal Real Estate - Wed, 01/14/2015 - 12:36
With the purchase of the Revel hotel, Glenn Straub wants to revitalize of Atlantic City, the seaside New Jersey town that has lost thousands of jobs and seen shrinking tax revenues as its casinos have failed.

European 'Cash-Box' Firms Underperform Broader Commercial Market

Wall Street Journal Real Estate - Wed, 01/14/2015 - 12:32
Europe’s commercial-property markets turned in a strong performance in 2014, but one group of investors mostly missed the boat: those who bet on so-called cash-box or blank-check companies.

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