Archive for December, 2005



Protect your home in 2006

Left undone, simple maintenance tasks around your home can pile up and turn your house into a money pit. Take care of your home year-round, performing small preventative fixes a few at a time. CNN offers this handy list of tasks you can do each month of the year.

Making an entrance

Putting mirrors in an entryway or hallway can give the illusion of more space and open it up without having to do any demolition. Just don’t mirror both sides of a hallway, unless you’re into the funhouse effect.

Plague of crooked appraisers

A network of crooked real estate appraisers have been using a combination of identity theft and false appraisals to secure fraudulent mortgages across the country, according to an article in the Chicago Tribune. Criminals have been taking advantage of loose licensing requirements to become home appraisers, or have stolen the identity of legitimate appraisers so [...]

New Waveland and Lake Shore condo

A new 28-story condo building is planned for the corner of Lake Shore Drive and Waveland Avenue. The lot will also feature 16 low-rise townhouses. The project signals the end of a three-year zoning fight between the developer, American Invsco, the city, and local aldermen.

Heating bill help requests up

Applications for government help in paying heating bills this winter are up by over 41 percent this year. A total of 236,131 Illinois residents have applied for Low Income Home Energy Assistance Program grants, 128,190 of those coming from Cook County alone. The state has been more aggessive this year in getting the word out [...]

Most condo owners content with rules

Most condominium owners are pleased with their relationship with the association board and its management of their building, according to a new national survey by the Community Associations Institute. Of 800 people polled, more than 70 percent reported their living experience as good or very good, and that while living by condo rules can be [...]

Find those cutoff switches

Make sure you know where the kill switches and cutoff valves for your electricity, water, heating, and cooling systems are located. They’re difficult to find and operate, not just for making repairs, but in an emergency when you’ll need it the most.

Winter buying ease

Home buyers who can stand the cold may find better deals and an easier, less stressful shopping experience in the winter. That’s because many people simply stay home during the cold weather or put off their decision until the new year, meaning no crowds at sales centers and less competition on homes for sale. Buyers [...]

South Side revival

A residential development revivial on the South Side–and not just in the South Loop–is attacting buyers away from the North Side and the suburbs. Years of undr-investment in the area has left dozens of high-quality buildings and vacant lots ripe for development. Neighborhoods like South Shore, Woodlawn, and Bronzeville offer more bang for the buck, [...]

Holiday safety tips

The Sun-Times offers these tips for keeping your home safe during the holiday season. Some of them fall under the “Well duh” category, like blowing out candles before you go to bed, but it’s full of good reminders for taking care of your tree and holiday decorations.

The Historic Pullman Foundation is hosting its annual Candlelight Housewalk from 4:30 to 8 PM Saturday in the Pullman Historic District on the South Side. The housewalk will tour five 1880s row houses deckded out for the holidays. The Pullman District is a landmark neighborhood located near 111th and Cottage Grove, and features almost 1000 [...]

Investors bailing out

The Wall Street Journal reports that fewer people are buying real estate as an investment. As the property market slows, speculators–mostly people planning to flip properties and profit from appreciation–are being scared away. This may hasten the market cooldown, but that only makes sense since rampant speculation hastened the market’s heatup.
For buyers, this is good [...]

A solar solution

Using solar panels to heat your home may seem like a bizarre concept in Chicago when it’s zero degrees outside, but as long as there is enough sun to make a shadow, you can collect solar heat. Solar panels installed on the roof of a bungalow, townhouse, or two-flat can cut water heating costs by [...]

Price flight

More Americans are moving to escape high housing costs. People decide that any attachment to a particular city isn’t worth what it costs to live there, and they are moving to smaller, more affordable areas. The usual suspects like Boston, Honolulu, LA, and suburban New York lead the list of places residents are fleeing. Chicago [...]

Appliance vampires

Most appliances today suck power even when they’re turned off. As long as they’re plugged in, the On/Off switch might as well be called “Idling.”