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Bella Fiore nearly sold out
All three floor plans feature gourmet kitchens with oversized islands and granite countertops, and paver driveways. Additionally, the 2,922-square-foot plan includes an outdoor courtyard in the middle of the home and an option to build an upstairs

Community experiences eventful year for news in 2013
Community experiences eventful year for news in 2013 The Chicago Public Schools tore down Whittier Elementary School's library and community gathering place, La Casita Parent Youth Center, amid community protests… Bronzeville's Patricia Hill suffered from mistakes by mortgage companies, resulting in an 

Luxury home and casita for sale with views of the magical town of Patzcuaro Beautiful, high-end, luxury home and casita for sale with views of the magical town of Patzcuaro, Mexico. Situated on a ...

A subprime horror - Mexico's Housing Debacle

One of the harsher aftershocks of Mexico’s housing collapse came from subprime-like mortgages given to the working poor, people who didn’t qualify for loans from Infonavit, Mexico’s giant housing finance agency.

Both types of loans featured rising monthly payments, and the total amount owed also increased. But the subprime loans were structured to increase at a higher rate.

For investors, those escalating payments provided a hedge against inflation and currency fluctuations. But for homeowners, the onerous loan terms led to defaults on a massive scale.

Ten years later, a cyclone of foreclosures continues to cut a slow-motion path of financial destruction across Mexico. It’s the latest stage of a housing collapse that left developments plagued with infrastructure problems and abandoned homes. Now banks and bondholders are extending their reach into the decaying tracts to seize homes.

In Silva’s neighborhood in eastern Tijuana, mailboxes are stuffed with foreclosure notices. Cul-de-sac gates are locked in mostly vain attempts to keep out eviction crews. “Is the bank trying to take away your home?” reads a sign with a phone number to call, nailed to a teetering utility pole.

La Casita closes near Warehouse District, owners announce

La Casita on the Patio, 845 Carondelet St., has closed, the owners announced on Facebook on Sunday, Oct. 28. "Owner John Michael Wade says he made the decision to invest more time and focus all of his efforts at his Oak Street location moving forward,'' the post says.

“We are working with our phenomenal staff from the Patio to continue employment with us at our Oak Street location, and would like to take this time to properly thank them, and our guests and vendors, as we close this chapter,'' the post continues. "John Michael will focus on bringing full service back at his uptown restaurant La Casita Taqueria (8400 Oak St.)''

The original La Casita was a small Mexican restaurant on Julia Street in the Warehouse District. That location closed in 2017. La Casita came back, taking over the El Patio at 845 Carondelet St. As reporter Todd Price wrote , “El Patio was created by the owner of La Casita. While La Casita was modest and moderately priced, El Patio took a more ambitious — and expensive —approach to Mexican cooking.”