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This Week in Chicago Real Estate: Wanda Vista unit sales, new debt relief program, and more

by Rachel Popa

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Quite a bit of news broke this week in the world of real estate. Top stories of this week included the sale of a quarter of Wanda Vista’s units and new program aimed at relieving Illinois residents of debt.

If you missed it, here is a recap of this week’s top real estate news:

Wanda Vista Tower sells quarter of units before construction begins – More than a quarter of the units in the city’s new Vista tower are already sold, according to a new report from the Chicago Tribune.

“I-Refi” will give relief to homeowners drowning in debt –About $46 million in badly needed money will help underwater homeowners in Chicago, via a new program. Chicago Real Estate Daily has the details.

•Homebuyers are becoming increasingly attracted to open spaces – “Agrihoods” – new home communities built around a farm – are growing in popularity, as more and more homebuyers yearn for the lifestyle. Realtor magazine breaks down the new trend here.

Outdoor music venues could boost nearby home values – Summer is the season of outdoor music festivals, and a new study suggests that living near an outdoor music venue can mean good things for home values. Realtor.com and Vivid Seats crunch the numbers here.

National utility costs ranked – How do all 50 states’ energy bills compare? And where does our fine state fall in the rankings? Click here to parse through WalletHub’s full study.

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