It's taking Americans much longer in life to buy their first home
There are several reasons why it's taking longer for millennials to buy property, one of which is they're being outbid by boomers.
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There are several reasons why it's taking longer for millennials to buy property, one of which is they're being outbid by boomers.
The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
HouseFresh found Lakeview ranked number 10 for the most searched-for neighborhood out of the 100 biggest cities – with 20,465 daily Zillow views.
Cook County homeowners are now able to get free legal advice for questions concerning their homes.
"I have little kids. And I don't know what to do."
"By early spring, we are going to have a lot more people back into the city"
Experts say flashy amenities may be a remedy for those empty offices downtown. CBS 2's Tim McNicholas showed us how some landlords and leasing teams are thinking outside the box.
A hot real estate market is burning buyers, and some are skipping professional home inspections - with the goal of closing quick to avoid being outbid.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
CBS 2 Morning Insider Tim McNicholas has learned the struggling market has even resulted in some furloughs.
Zillow faced a 2015 lawsuit from Rosemont, Illinois-based VHT, the nation's largest professional real estate photography studio. VHT said Zillow's use of its photos violated VHT's copyright.
Back in 2010, the average price for a home in this community was about $175,000. Eight years later it has climbed to $467,000.
Want to buy your first house, but the down payment and closing costs are too steep? The city wants to help, with a handout worth thousands of dollars. CBS 2's Mike Parker explains how you can cash in.
Some of the ads on local websites are phony, with pirated home details. It's already cost some victims thousands of dollars. CBS 2's Dana Kozlov reports.
The kidnapping and murder of Beverly Carter in Arkansas has alarmed residential real estate agents here in Chicago. There's a lot of activity on social media and CBS 2's Jim Williams reports they're expressing sympathy and discussing how to stay safe.
The latest residential data shows key indicators in housing are mixed. The market is said to be recovering, but not yet recovered.
Spring 2014 housing indicators tell us that procrastination is not the way forward for buyers.
Due to frigid conditions in much of the nation, February's real estate wrap-up required boots and a shovel, as well as deeper pockets.
The upper level of the old Montgomery Ward building, once the tallest building in Chicago, is now on the market.
The real estate magnate -- who gained famed for scrutinizing contestants and firing ones he deemed incompetent on his "Apprentice" TV show -- was the one on the hot seat as a plaintiff's attorney grilled him over allegations he had engaged in a bait-and-switch.
Planning to sell your home? You may want to wait until 2016 before listing it.
To be the best in Chicago, you have to think like the best in Chicago.
Tinley Park-based Mack Cos. said it has sold nearly 200 single-family homes in the south and southwest suburbs to an Arizona-based real estate investment trust for $28 million.
A real estate agent showing a property in Northwest Indiana was sexually assaulted by two prospective clients.
The Emanuel Administration says it's seeing an increase in tax revenues, and that is improving the City's budget picture, at least a bit.
This year marks the 46th birthday of Eli's Cheesecake itself and of the Taste of Chicago. It also marks the 100th birthday of the Shannon Rovers pipe and drum band.
Eastbound lanes of I-80/94 near Calumet Avenue were shut down for some time Tuesday morning for a shooting investigation after a crash.
Taste of Chicago is back in Grant Park starting Wednesday, featuring restaurants and food trucks from every part of the city.
Farmers' market season is well under way in Chicago, and this week, a regenerative farm in Ohio brought its top-notch wares to Chicago's top restaurants.
Nikki Glaser, Michelle Wolf, Ali Siddiq and Bert Kreischer are among the comedians coming to the city to perform from Nov. 5 to Nov. 15.
The Wisconsin Supreme Court ruled 5-2 that guardianship records sought by the Wisconsin Voter Alliance to identify ineligible voters are not public records under state law.
Transportation Secretary Sean Duffy has transferred $1 million from his former congressional account to a super PAC supporting Michael Alfonso, his 26-year-old son-in-law, who is running for Duffy's old Wisconsin seat in an Aug. 11 primary.
Rep. Harry Benton resigned from the Illinois House on Friday in the wake of a legislative inspector general investigation that has still not been made public.
Illinois Gov. JB Pritzker on Monday signed legislation aimed at holding artificial intelligence companies accountable.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
The north Chicago suburb of Glenview became the latest Illinois municipality this week to confirm mosquitoes testing positive for the West Nile virus this year.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
In the four years since Roe v. Wade was overturned and Illinois became a destination for abortion care, Illinois providers and advocates have rebuilt the state's infrastructure to support the tens of thousands of people who travel to the state for abortion services every year.
June is National Aphasia Awareness Month, raising awareness of a disorder that affects a person's ability to speak, write, and understand both spoken and written language.
The Chicago Bears this weekend said they are assessing land at Wolf Lake Terminals in Hammond, Indiana, for a possible new stadium.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
Nikki Glaser, Michelle Wolf, Ali Siddiq and Bert Kreischer are among the comedians coming to the city to perform from Nov. 5 to Nov. 15.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Renowned singer-songwriter and Chicago-area native John Prine will be honored with a mural at the Old Town School of Folk Music in the Lincoln Square community.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
Taylor Swift and Travis Kelce's wedding plans include a rehearsal dinner and a late-night celebration at Madison Square Garden in New York City, according to sources familiar with the security planning.
Walmart is cutting prices on thousands of items, including ground beef, soft drinks, laundry detergent, and other essentials.
The Taste of Chicago kicks off Wednesday at 11 a.m. in Grant Park. The festival features food from all over the city.
Power is slowly being restored in Cuba, which is dealing with its third nationwide blackout in six months.
Chicago leaders unveiled new equipment that they hope can prevent flooding on the city's West Side.
President Trump planned to skip the summit, but he went at the urging of Turkey’s president.
Chicago leaders will unveil new equipment that they hope can prevent flooding on the city's West Side.
The family of a disabled woman has filed a wrongful death lawsuit against the operator of a group home in Rolling Meadows.
Cardiologist Lisa Nee has entered the 2027 Chicago mayoral race.
A 13-year-old boy was shot in Chicago's Portage Park neighborhood on Monday night.
This year marks the 46th birthday of Eli's Cheesecake itself and of the Taste of Chicago. It also marks the 100th birthday of the Shannon Rovers pipe and drum band.
Crown Point Mayor Peter Land says that flooding has been an issue for years and that the construction plan has been in the works for almost 10 years.
About 13,000 people were treated in emergency rooms for fireworks-related injuries in 2025, and with America's 250 birthday celebration about to start, doctors worry even more people could get hurt this year.
A new AI-powered tool being used by some police departments claims to turn a shell casing into an investigative lead in under 24 minutes.
University of Illinois - Chicago scientists took their lab work to the streets of the South Side during this week's heat wave, checking on tree cover and tree health in some of Chicago's more vulnerable neighborhoods.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
Fans saw the team's chances of reaching the quarterfinals for the first time in 24 years crushed on Monday night in their knockout match against Belgium.
Belgium defeated the U.S. Men's National Team 4-1 on Monday night in the World Cup round of 16 knockout match in Seattle, ending the Americans' hopes of reaching the quarterfinals for the first time in 24 years.
Fans of all ages are getting ready for Monday night's game against Belgium for a spot in the World Cup quarterfinals. A watch party in Daley Plaza will close streets downtown.
Briscoe held off Christopher Bell in NASCAR's return to Chicagoland Speedway, racing to his first Cup Series win of the season.
The finale was delayed by rain and unplayable conditions on the water-logged outfield warning track.
Delphine Jubillar went missing in southern France in December 2020 at the height of the COVID pandemic and her body was never found.
Lake County, Illinois, sheriff's deputies and a K9 were credited with stopping a burglary in progress Sunday night.
Two teenage boys stood charged Monday with robbing a woman in downtown Chicago the night before.
A 72-year-old man was slashed and killed in a fight in Chicago's West Englewood neighborhood early Sunday.
One of the men charged with attacking a CBS News Chicago crew last week was due back in court Monday in an unrelated case.
