Biography

When Mary Umberger started covering residential real estate at the Chicago Tribune in the early 1990s, she thought it would be a short-term ...

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Mary Umberger

Mary Umberger

On Real Estate

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McMansions: What's the big deal?

McMansions: What's the big deal?

May 11, 2012

If the guy down the block refers to your house as a McMansion, he's probably not paying a compliment.

  • 'Generation Now' on hold

    May 4, 2012

    Maxine Lauer calls the group of consumers who are age 15 to 34 "Generation Now" because they want what they want, and they want it now.

  • The rise of solo living

    April 20, 2012

    These days, Americans are increasingly likely to live alone, but please don't presume they're lonely.

  • Mortgages taking back seat to car loans

    April 12, 2012

    If we've learned one thing from the housing downturn, it's that making the monthly mortgage payment is no longer a sacred concept in many American households. In recent years, when facing financial pressure, homeowners have been more likely to let the mortgage slide before they would fall behind on their credit card bills, researchers have found.

  • Design fans feel at home with Houzz

    April 8, 2012

    If you're familiar with the term "house porn," you probably know about Houzz.com.

  • Designing with her outlook

    March 30, 2012

    What do women want?

  • A growth spurt for tiny house trend

    March 23, 2012

    If you occasionally harbor the suspicion that your house owns you — instead of the other way around — you might find yourself secretly relishing the lifestyles in "Tiny Homes: Simple Shelter," a new book that lives up to its title, and then some.

  • Home design turns a corner

    March 18, 2012

    Home design appears to be coming to its senses. Among other things, newer kitchens aren't gigantic. Busy McMansion rooflines have gone the way of the housing boom. And the outdoors is really in.

  • Catering to renters by choice

    March 9, 2012

    For a while, the only person lonelier than the Maytag Repair Man was the leasing agent at your local apartment complex. America was giddily riding the homebuying merry-go-round, and droves of renters were trading leases for purchase contracts.

  • Laundry rooms clean up in survey

    March 2, 2012

    If you presume that the average American homeowner's No. 1 daydream for a next home is of a glitzier kitchen, a sumptuous media room or maybe a luxurious master bedroom suite, you'd be wrong.

  • The bitter truth about homeownership

    February 12, 2012

    When it comes to homeownership, we're conflicted. And we're mad.

  • How to estimate remodeling payback

    November 4, 2011

    Want to increase the value of your house? Add a third bathroom.

  • Appraisers see green in energy upgrades

    October 31, 2011

    If you're a conservation-minded homeowner and you go to the trouble, and expense, of installing a high-efficiency furnace or a truckload of insulation or other energy-saving features, you'd probably like to get credit for adding value to the place.

  • Credit reporting digs deeper

    October 14, 2011

    Sometimes it's hard to escape the notion that our lives are being slowly, inevitably reduced to a single database.

  • The down-payment hurdle

    July 29, 2011

    Tight credit is leaving the housing market gasping for air. That's the drum beat from many corners of the real estate industry, which has been complaining loudly that restrictive mortgage-lending standards are a leading reason housing can't seem to climb out of its very deep hole.

  • FICO's radar picking up potential walkaways

    May 6, 2011

    Your mortgage payments are up to date, and you pay your bills on time. Your credit score is above average.

  • Agents and brokers are holding the foreclosure door wide open for buyers looking for a bargain

    June 22, 2008

    Two years ago, Jason Pietrucha read the foreclosure writing on the wall.

  • Cool designs and hot trends in refrigerators

    June 13, 2008

    We ask a lot of our refrigerators.

  • Nothing open and shut about deal closings

    January 27, 2008

    Headed for your real estate closing? No matter which side of the table you'll be on, have a Plan B.

  • Judging a home by its siding

    December 16, 2007

    In today's real estate market, anxious home sellers -- or those merely thinking about selling -- might well heed a finding of the latest annual remodeling study: It's what's outside that counts.

  • Purchase price just the start

    November 18, 2007

    Separate from the monthly mortgage bill, would-be home buyers have to factor in numerous costs to determine their affordability comfort level, financial counselors say. Some of the considerations:

  • Here's a new one: Being too broke to sell

    September 30, 2007

    Most anybody in the mortgage business will tell you that August was a month that will live in infamy: The market was in turmoil, as doubts about the stability of subprime loans spread to other sectors of the mortgage world.

  • Rising tide washing over rentals

    May 13, 2007

    The rent is going up.

  • Think you know what it's worth? Think again

    October 15, 2006

    Here's one of those glass-half-empty/glass-half-full bits of news: Recently online company househunt.com surveyed real estate agents and concluded that 51 percent of U.S. home sellers are getting 95 to 100 percent of their asking prices.

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