Michael Hobbs's (michaelhobbs) Blog

International home buyers are taking interest in Chicago and other big cities.  According to Realtor.com’s November 2013 analysis, Chicago was among the top 10 cities in the U.S. that attracted foreign home buyers. Of the 10 cities, Chicago came in 9th, along with LA, Miami, New York City, Las Ve...

The Woodstock Institute, a nonprofit research and policy organization located in Chicago, recently did a study of unresolved foreclosures in Cook County from 2008 to 2012.  They call these cases “zombie properties.” The Woodstock Institute defines a zombie property as a property that has been in ...