Chicago and Cook County home prices are up nearly 12 percent in the second quarter of 2013. We get the latest on the housing recovery from Geoff Smith, the Executive Director of the Institute for Housing Studies at DePaul University, and Loretta Alonzo, the 2012 president of the Illinois Association of Realtors.
How do you price a piece of architectural art? Prairie style master Frank Lloyd Wright designed nearly 100 homes in the Chicago area, but now some owners are having trouble selling these homes. Chicago magazine's real estate expert Dennis Rodkin joins us to discuss why sellers are having trouble, and he tells us more about Chicago's housing market.