The Home Front

(above) President Donald Trump By Don DeBat A Chicago home buyer or mortgage borrower seeking to refinance in 2026 likely is wondering why the hard-working head of the Federal Reserve Board is being kicked around like a political football. It might be President Donald Trump doesn’t like that Fed Chairman Jerome Powell and other knowledgeable board members are slow to react to his bullish demands for lower interest rates. In fairness, previous U.S. presidents have grumbled abo

(above) John Nocita, Chicago Sun-Times Writer By Don DeBat     Old newspaper writers, editors, artists and photographers never die. They just etch their work into history, then quietly fade away.  One unforgettable talent was John Nocita, 83, a gifted newspaper artist and graphics specialist, who met his last deadline on December 30, 2025, after a stalwart battle with Alzheimer’s.     “John Nocita’s successful 45-year newspaper career started as a copy boy at the Chicago

(above) Chicago Police Commissioner Larry Snelling By Don DeBat With the dawn of 2026, many Chicago apartment renters, home buyers and bungalow owners probably are wondering how they survived the crazy roller-coaster- ride of 2025. Read these 2025 stories recently reported by The Home Front column: • With property tax bills soaring by an average of 16.7%, there are threats of double-digit apartment rent increases on the horizon for spring of 2026. • Resale home prices in Linc

(above) U.S. Federal Reserve Chair Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting at the Federal Reserve on December 10, 2025, in Washington, D.C. Photo by Sha Hanting/China News Service/VCG via AP. With the Fed’s recent rate cut to 3.5-3.75 percent, prospective home buyers in Chicago face a challenging housing market, as inflation and political turmoil inflate costs. Expect mortgage rates to remain above 6 percent into 2

Chicago homeowners are getting soaked by rising property taxes. By Don DeBat Chicago and Cook County’s brainy real estate tax experts are pointing fingers of blame while trying to explain the perfect storm. When tens of thousands of Chicago homeowners realized that their median property tax bills catapulted 16.7 percent in a single year, reality hit them between the eyes. Experts say the tax wave tsunami was caused by the financial death dance between fat-cat downtown commerc

Homeowners in Chicago are reeling from unprecedented property tax increases, leading many to contemplate selling their homes and moving to rental apartments. By Don DeBat Financially squeezed and apparently abandoned by local government, the North Side’s senior fixed-income property owners are wondering if they will have to sell their homes and move to rental apartments or out of state in 2026 to avoid foreclosure and bankruptcy. On November 14, after months of uncertainty an