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Real estate in the news: Foreclosures rising in Chicago, loan modifications, R. Kelly’s mansion sells

Chicago-area foreclosure filings on rise
Foreclosure filings in the Chicago area rose 30 percent in October from a month earlier but remained well below their year-ago level
http://www.chicagotribune.com/business/breaking/chi-chicago-area-foreclosures-20131113,0,4911811.story

Arlington Heights couple struggles to get home loan modified
Although a settlement with the five biggest banks are supposed to make it easier for homeowners to modify loans, many families are still mired in paperwork.
http://www.suntimes.com/news/mitchell/24133420-452/arlington-heights-couple-struggles-to-get-home-loan-modified.html

R. Kelly suburban Chicago mansion sells to Isley brother
The beat goes on at the 14,525-square-foot former R. Kelly compound in Olympia Fields, which sold recently for $587,500 to another noted musician.
http://www.chicagotribune.com/business/breaking/chi-r-kelly-chicago-mansion-sells-to-isley-brother-20131204,0,4792731.story

Buyers and renters finding opportunities in tight market
Despite the ups and downs in the Chicago real estate market, there are opportunities to find a home tailored for your needs and lifestyle.
http://www.chicagotribune.com/classified/realestate/buy/ct-mre-1124-housing-rebound-20131125,0,2860449.story