Here's how much you have to make to afford a starter home in the U.S.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The referendum remains on the ballot, but if the judge's ruling stands, the votes will not be counted.
On the March 19 primary ballot, voters will be asked to approve an increase to the real estate transfer tax on sales of properties worth over $1 million.
Kenny Parcell, the trade group's president, steps down after a New York Times report alleged he sexually harassed multiple women.
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.
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It'll stay breezy through the day as clouds increase.
You may or may not drive a Mustang, but Sally is a one-year-old playful bundle of happiness that would probably enjoy riding shotgun.
City data show crime is down in the Austin community since Sandie Norman set up her ministry at Madison and Central.
Lakeshore Sport & Fitness said a member had her bag stolen last week from the pool deck. Her keys were then used to steal her car in the parking lot.
Overall, the mayor's borrowing plan would cost the city $2.4 billion through 2061.
The investigation comes amid months of controversy and divisiveness swirling in the south suburb.
The council also approved $48 million in grant money from the state and federal government, much of which will be used to pay outstanding debt the city owes for staffing and shelter costs.
A person self-immolated at a park across from the courthouse where former President Donald Trump's New York criminal trial is taking place.
The jury selection process in former President Donald Trump's New York trial came to a close on Friday, part of a flurry of activity that marked the end of a dizzying first week.
The family didn't get their cut of the estate sale, not hearing back from the salesman until CBS 2 got involved.
The Better Business Bureau warns that anyone buying an event ticket should watch out for fake ticket scams.
Financial records show Paul Croft and J.D. Frost raised about $30 million for a hydrogen plant that was supposed to be, at one point, in Indiana. It never existed, an attorney says.
Anyone with these sausages in their refrigerators should throw them away or return them to the store.
Elliott Henderson, of south suburban Glenwood, is featured on a website, a petition, and Facebook and Instagram pages -- all dedicated to warning others about his travel deals.
The city's measles dashboard said a total of 63 measles cases have been confirmed in Chicago this year, with one new case this week.
The department said anyone who visited the Sam's Club at 9400 S. Western Ave. in Evergreen Park one day last week may have been exposed to someone with measles.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Officials said there was no known link between this case and the recent outbreak of measles at a migrant shelter in Chicago.
Health department officials said the case does not appear to be linked to new migrant arrival shelters in Chicago, and the source of infection is unknown.
Café Selmarie, 4721 N. Lincoln Ave., first announced its plans to close in September. Owner Birgit Kobayashi is set to retire.
Right now, Illinois sports books pay 15% tax on their revenue. But Gov. JB Pritzker's latest budget proposal would spike the tax to 35%.
Currently, a pair of two-story vintage buildings occupy the space.
Quinn has filed an ordinance with the Chicago city clerk that would ask the City Council to put a referendum on the November ballot allowing voters to decide if their tax dollars should support new stadiums.
The Lincoln Square standby, at 4721 N. Lincoln Ave., first announced its plans to close in September.
The singer was found deceased at her home, a representative said.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.
Colbert lived in Chicago for 11 years, performing and "cutting his comedy teeth" at the legendary Second City and attending Northwestern University. His show will broadcast from Chicago's storied Auditorium Theater Aug. 19-22 on CBS.
The mural was unveiled on the side of the building at the southeast corner the Chicago Medical Society building at Grand Avenue Dearborn Street.
Sebastian Steudtner surfed a nearly 94-foot wave in Portugal in February.
The jury set to hear the case includes a teacher, an investment banker, and a corporate lawyer. The assigned foreperson is originally from Ireland. Six alternates are also on the panel, in case jurors are dismissed.
Activewear is one of the fastest-growing types of fashion, but the material that gives yoga pants that extra stretch can be harmful to the environment.
Shaky cellphone video showed four plainclothes FBI agents Friday in the lobby of the Dolton Village Hall.
Today's highs are near 50 degrees. Clouds will clear, and winds will relax tonight as temperatures crash.
A man and his 83-year-old mother lost more than 50 years of memories and precious items as the fire ravaged their home.
The investigation comes amid months of controversy and divisiveness swirling in the south suburb.
Lakeshore Sport & Fitness said a member had her bag stolen last week from the pool deck. Her keys were then used to steal her car in the parking lot.
City data show crime is down in the Austin community since Sandie Norman set up her ministry at Madison and Central.
Amid the release of Taylor Swift's new album "The Tortured Poets Department," Chicago's Showbiz Shelly says, "there's a lot to unpack."
Anthony Robinson's attorney said his previous defense lawyer failed to present evidence that showed it was physically impossible for him to be the shooter.
The village board is working on a resolution to hire Lightfoot, a former federal prosecutor before her lone term as Chicago's mayor, to investigate claims Henyard has been misusing public funds.
DCFS Director Heidi Mueller was asked Thursday why some kids in the system are being held in psychiatric hospitals longer than medically necessary.
CBS 2 discovered the woman, Whitley Temple, was hired by the City of Chicago while awaiting trial.
Whitley Temple pleaded not guilty to the charges — and after nearly two years of delays, the case goes before a Cook County judge for trial on Monday.
Spencer Turnbull carried a no-hit bid into the seventh inning, Alex Bohm hit a pair of three-run homers and the Philadelphia Phillies beat the Chicago White Sox 7-0 to extend their winning streak to four.
Tyler Herro scored 24 points and was an assist shy of a triple-double, rookie Jaime Jaquez Jr. added 21 points and the Miami Heat grabbed the last spot in the Eastern Conference playoffs, running away from the Chicago Bulls 112-91 in a play-in tournament elimination game.
Jameson Taillon had a solid first start, Nico Hoerner doubled twice and the Cubs rolled past the Miami Marlins 8-3.
Their current winning percentage of .168 puts this year's squad on pace for a 27-135 record, which would far outpace the worst season in White Sox history.
In February, Anderson agreed to a one-year contract with Miami worth $5 million.
Lakeshore Sport & Fitness said a member had her bag stolen last week from the pool deck. Her keys were then used to steal her car in the parking lot.
Police said the thief took property from the bakery and then left through the front door.
Two people were taken in serious to critical condition to Mt. Sinai Hospital for gunshot wounds.
Damien Abenante-Villa's loved ones want to keep the crime in the spotlight to solve the murder.
Hundreds of teens had skipped school to meet in the Greenbelt, Maryland, park for a water gun fight, police said.