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Investors slow Chicago-area home purchases

Mary Ellen Podmolik •
Chicago Tribune

For institutional investors, Chicago’s housing market just isn’t as desirable as it was a year ago. Rising home prices, along with a decline in foreclosure activity, is shrinking the number of local homes purchased by deep-pocketed institutional investors that turn the properties into rentals. That slowdown may be welcome to homeowners and local governments, which


Does your savings goal seem like an uphill battle? Start small

boys walking their bicycles uphill at dusk

If you haven’t gotten in the habit of saving, the idea of it can seem overwhelming. For a lot of people, looking at spending habits—and identifying places to cut—can seem like a daunting task, especially when focusing on a specific savings goal. But, this process can be approached a lot of different ways, and it