By Howard Handler, Community Contributor 2:47 p.m. CDT, May 21, 2013 This Tuesday, May 28, a proposed ordinance will go before the Evanston Planning and Development Committee and possibly the City Council tightly regulating all residential rentals for periods of less than 29 days – the ordinance seeks to classify all short term rentals as a subcategory of a bed and breakfast. This measure is i

By CHRISTOPHER S. RUGABER AP Economics Writer May 22, 2013 9:22AM 0 0 Share 1 1 The National Association of Realtors said Wednesday that sales of previously occupied U.S. homes rose to its highest levels in 3 1/2 years. File Photo | AP

By Mary Ellen Podmolik Tribune staff reporter 9:01 a.m. CDT, May 22, 2013 More than 9,000 previously owned homes were sold in the Chicago area in April, another strong month for sales volume that was met by more pricing recovery. The Illinois Association of Realtors reported Wednesday that 9,152 single-family homes and condominiums sold in the nine-county Chicago area last month, at a medi

More than 25,000 Illinois residents have received approximately $1.8 billion from the landmark national mortgage settlement, but servicer compliance with the pact remains an issue for several companies, according to a report from the settlement's independent monitor issued Tuesday. Since March 1, 2012, the settlement has enabled 3,513 Illinois homeowners to receive permanent mortgage modification