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Chicago real estate weekly, week ending June 28, 2013

This is the first edition of our weekly recap of Chicago real estate news. Check back each Saturday for a look back at the previous week – and offer your suggestions for improving this feature in the meantime.

Market conditions
Case-Shiller: House prices rise 12.1% year-over-year

Pending home sales soar to six-year high

House prices and mortgage rates

Some cities at risk of another housing bubble

Mortgages, finance
Mortgage rates hit two year high

Rising rates cause rush to ARMs

Mortgage delinquency rates at five-year low

Quirky homes make lenders skittish

The big picture on home affordability

Development news
Related Midwest buys Chicago Spire debt

Streeterville warehouse poised for apartment makeover

Seattle developer plans River West apartments

Architecture, design
Adler & Sullivan in Lincoln Park

Video – architects rap about their profession

Pilsen’s St Procopius Church

Roman & Williams hotel slated for Chicago Athletic Association building

James Turrell’s Chicago Skyspace

Design contest to enliven Union Station

The luxury log cabin

Design ideas for Block 37’s basement

Neighborhoods
Beautifying Buena Park

Ashland bus rapid transit issues

Webster’s changing face in Bucktown

The Circle Interchange recnstruction

Prairie District neighbors fret about data center

Commercial, retail
Hancock office space, parking sells for $140M

Issues, trends
Cars, low density and a sustainable city?

Homes near public transit less likely to default

Smoking bans becoming more common in apartment complexes

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