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This Week in Chicago Real Estate: U.S. Steel site redevelopment, Chicago without people, and more

by Rachel Popa

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There were many exciting stories that broke this week in the world of real estate. Notable news included a photo series of what Chicago would look like if there weren’t any people, the redevelopment of the U.S. Steel site, and more.

Catch up on this week’s top stories with our real estate roundup:

Pictures of post-apocalyptic Chicago – What would Chicago look like with no people? Photographer Michael Salisbury has put together a haunting photo series with that question in mind. Curbed Chicago shares some of his eerie work here.

Cushman & Wakefield to help sell 450-acre U.S. Steel site – U.S. Steel’s first stab at redeveloping its old South Side land may have gone up in smoke, but the company is back at it with a new real estate firm. Chicago Real Estate Daily has the details.

How the other half lives – More affluent neighborhoods have larger homes, wider lots, and…more bugs?! A new study, which The Atlantic recently covered, found that affluence brings more bugs with it. Read on to find out the cause.

•New bill helps low-income families achieve homeownership – The Section 8 voucher has long been used for rental housing, but a new bill that President Obama recently signed will allow low-income residents to use the voucher towards manufactured homes. National Mortgage News outlines the bill here.

Walkability influences home prices – How much does a WalkScore point influence a home price? Try $3,250. According to a new Redfin analysis, every point up on the WalkScore boosts home values by that amount. To explore the trend in detail, click here.

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