May 17, 2024
Property

REVEALED: The Midwestern city where Americans can still make a killing on property after prices surged 52% in a year, with plentiful skilled jobs, cute streets and lush greenery fueling country’s hottest property market

A wholesome Midwestern city has become the country’s hottest real-estate market because of its premium location, job market and booming culture.  Rockford in Illinois lies just 90 miles from Chicago and Milwaukee and is expecting a direct train line to the Windy City in just a few years.  Last year property prices there surged by an

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Property

More bad news on property taxes, and it isn’t the last — Mark Glennon

Illinois’ 2023 effective property tax rate – taxes paid as a share of median home value – is 1.88%, highest in the nation and up from 1.78% the prior year. Vertigo3d/Getty Images Mark Glennon Syndicated If only somebody had good news about property taxes, which have long been a hot button issue in Illinois. But

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Investment

Moody’s upgrades Chicago Public Schools; investment grade a notch away

The Chicago Board of Education on Wednesday saw its issuer rating and debt ratings from Moody’s Investors Service upgraded a notch, to Ba1 from Ba2 — still speculative grade, but one level below investment-grade status. The rating outlook remains positive after the upgrade. Moody’s cited improvements in Chicago Public Schools’ operating fund net cash balance,

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