Chicago Public School's CEO Barbara Byrd-Bennett resigned late Sunday amid a federal probe of a $20 million no-bid contract between the district and the training academy SUPES where she once worked as a consultant. For his part, Mayor Rahm Emanuel is distancing himself from the resignation. But Chicago’s Mayor is more than a tangential player; he hand-selects the CEO and the Board of Education members. Sarah Karp joins us to detail the unique role of the Mayor in shaping policy for the district. Also, a look at the play Xtigone.
We talk about the USDA's push for healthier school options. And, we look at the growing competitive rental market in Chicago. And, how climate change impacts the cultural identify of some Indian Americans. Plus, sounds of traditional Son Joracho music.
The real estate market is moribund. Prices have plummeted. So who knew that people were still making big bucks from flipping properties?Turns out, speculators have found new ways to profit amid the wreckage of the housing boom.
The latest numbers from Realty Trac show that foreclosure filings in the Chicago area fell in September. But experts say the crisis isn’t over, it’s just getting dragged out.Ed Jacob heads the non-profit group Neighborhood Housing Services of Chicago, which helps people buy homes and stay in them.
Foreclosure filings in Illinois jumped 18 percent from July to August, and that means the housing market still has a long slog ahead. The latest numbers from RealtyTrac show banks are starting to move ahead with foreclosures again.
Home prices and interest rates are still low compared to where the market was before it crashed at the end of 2008. It’s created opportunity for new buyers, and buyers who are looking to resell a property for a quick profit.My husband Demian and I are packing up our apartment.
When you are the nation's largest owner of foreclosed homes, even little things can get expensive fast. Such is the case for mortgage giant Fannie Mae, which as of March 31 had a mind-boggling 153,000 foreclosed homes on its books.One example — mowing the lawn.