Local sales of homes in foreclosure jump 65% in 3Q




















Remember the winter of 2010-11, and the Groundhog Day blizzard that dumped more than 21 inches of snow on Chicago? Rochelle McIntosh remembers it all too well.














































Sales of Chicago-area homes in the foreclosure process but not yet repossessed by banks soared during the third quarter, RealtyTrac reported Thursday.

The online foreclosure marketplace said 3,531 pre-foreclosure homes in the greater Chicago area sold in the three months that ended in September, up 34 percent from the second quarter and 65 percent year-over-year. Separately, third-quarter sales of repossessed, bank-owned properties rose to 5,731 properties, up 37 percent from June and 45 percent from 2011's third quarter.






Increased sales of distressed homes are a good sign for the market's long-term health because overall prices will rise as discounted properties are removed from the market. Also, the increase in pre-foreclosure short sales has enabled homeowners to benefit from the Mortgage Forgiveness Debt Relief Act, which does not treat the forgiven part of the unpaid debt as taxable income. The legislation is set to expire at year's end.

Natiionally, the 98,125 pre-foreclosure short sales completed during the third quarter just outnumbered the sale of 94,934 bank-owned properties.

"The shift toward earlier disposition of distressed properties continued in the third quarter as both lenders and at-risk homeowners are realizing that short sales are often a better alternative than foreclosure," said Daren Blomquist, a RealtyTrac vice president.

However, he added, "The prospect of being taxed on potentially tens or hundreds of thousands of dollars in additional income may motivate more distressed homeowners to forgo a short sale and allow the home to be foreclosed."

On average, Chicago-area homes sold through short sales, a transaction where the homeowner sells the property for less than the amount owed on the mortgage, with the bank's permission, sold for an average discount of 41 percent from non-distressed sales. Bank-owned homes sold at an average discount of 54 percent.

RealtyTrac said sales of distressed properties accounted for 28 percent of Chicago-area home sales during the third quarter. The company's definition of the Chicago area extends from southern Wisconsin to Northwest Indiana.

mepodmolik@tribune.com | Twitter @mepodmolik




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Jazz legend Dave Brubeck dead








Dave Brubeck, a jazz musician who attained pop-star acclaim with recordings such as "Take Five" and "Blue Rondo a la Turk," died Wednesday morning at Norwalk Hospital, in Norwalk, Conn., said his longtime manager-producer-conductor Russell Gloyd.


Brubeck was one day short of his 92nd birthday. He died of heart failure, en route to "a regular treatment with his cardiologist,” said Gloyd.


Throughout his career, Brubeck defied conventions long imposed on jazz musicians. The tricky meters he played in “Take Five” and other works transcended standard conceptions of swing rhythm.






The extended choral/symphonic works he penned and performed around the world took him well outside the accepted boundaries of jazz. And the concerts he brought to colleges across the country in the 1950s shattered the then-long-held notion that jazz had no place in academia.


As a pianist, he applied the classical influences of his teacher, the French master Darius Milhaud, to jazz, playing with an elegance of tone and phrase that supposedly were the antithesis of the American sound.


As a humanist, he was at the forefront of integration, playing black jazz clubs throughout the deep South in the ’50s, a point of pride for him.


"For as long as I’ve been playing jazz, people have been trying to pigeonhole me,” he once told the Tribune.


"Frankly, labels bore me."


He is survived by his wife, Iola; four sons and a daughter; grandsons and a great granddaughter.






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25 top-rated Facebook games from 2012












Games can be both a welcome and an annoying diversion on Facebook, the world’s most popular online social network. This year, Facebook crossed a big milestone — reaching 1 billion active users. Game companies such as “FarmVille” creator Zynga Inc. and Rovio Entertainment Ltd. of “Angry Birds” fame seek to tap into that vast base of users to gain more players for their games.


This week, Facebook Inc. issued a list of the 25 top-rated games that launched on Facebook in 2012. The company says the rankings are based on user ratings and engagement with the games. It’s the same methodology that Facebook uses to rank apps in its App Center.












Some of the games are played on Facebook’s website, while others are only on Apple Inc.‘s iOS or Google Inc.‘s Android devices using Facebook’s app.


Here’s the list:


1. “SongPop” (by FreshPlanet, on Facebook.com, iOS and Android)


2. “Dragon City” (by Social Point, on Facebook.com)


3. “Bike Race” (by Top Free Games, on iOS)


4. “Subway Surfers” (by Kiloo, on iOS and Android)


5. “Angry Birds Friends (by Rovio, on Facebook.com)


6. “FarmVille 2″ (by Zynga, on Facebook.com)


7. “Scramble with Friends” (by Zynga, on iOS)


8. “Clash of Clans” (by Supercell, on iOS)


9. “Marvel: Avengers Alliance” (by Playdom, on Facebook.com)


10. “Draw Something” (by Zynga, on iOS and Android)


11. “Hay Day” (by Supercell, on iOS)


12. “Baseball Heroes” (by Syntasia, on Facebook.com)


13. “ChefVille” (by Zynga, on Facebook.com)


14. “CSR Racing” (by NaturalMotion Games, on iOS)


15. “Candy Crush Saga” (by King.com, on Facebook.com and iOS)


16. “Matching With Friends” (by Zynga, on Facebook.com)


17. “Legend Online” (by Oasis Games, on Facebook.com)


18. “Jurassic Park Builder” (by Ludia, on Facebook.com)


19. “Dungeon Rampage” (by Rebel Entertainment, on Facebook.com)


20. “Pockie Ninja II Social” (by NGames Ltd., on Facebook.com)


21. “Jetpack Joyride” (by Halfbrick, on Facebook.com)


22. “Social Empires” (by Social Point, on Facebook.com and iOS)


23. “Bil ve Fethet” (by Peak Games, on Facebook.com)


24. “Ruby Blast Adventures” (by Zynga, on Facebook.com and iOS)


25. “Pyramid Solitaire Saga” (by King.com, on Facebook.com)


Social Media News Headlines – Yahoo! News


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Kathie Lee Gifford’s “Scandalous” musical to close after three weeks












LOS ANGELES (TheWrap.com) – So much for Kathie Lee Gifford‘s career as a playwright. The former “Live!” co-host’s Broadway musical “Scandalous: The Life and Times of Aimee Semple McPherson,” is shuttering a little after three weeks after it opened.


The musical, which opened November 15, will have its final performance December 9 at the Neil Simon Theatre in New York.












Gifford wrote the book and lyrics for “Scandalous,” which chronicled the life of evangelist and proto-celebrity Aimee Semple McPherson, who rose to prominence in the 1920s, only to fall from public grace amid scandalous love affairs and other controversies.


In all, “Scandalous” will have played 29 regular performances before it goes dark and 31 previews. The musical stars Carolee Carmello (left) and George Hearn, among others, and is directed by David Armstrong (“A Christmas Story the Musical,” “Catch Me if You Can”).


Though Gifford had ample opportunity to plug the production via her “Today” co-hosting duties – and she certainly took advantage of the opportunity – critics were generally unkind in their appraisal of the show.


“‘Scandalous’ isn’t so much scandalously bad as it is generic and dull,” wrote the New York Times’ Charles Isherwood.


Newsday’s Linda Winer took specific aim at Gifford’s “bombardment of nursery-rhyme lyrics.”


Talkin’ Broadway’s Matthew Murray, meanwhile, scoffed that the play “is not distinctive in one positive way.”


Music News Headlines – Yahoo! News


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Study Raises Questions on Coating of Aspirin





While aspirin may prevent heart attacks and strokes, a commonly used coating to protect the stomach may obscure the benefits, leading doctors to prescribe more expensive prescription drugs, according to a study published Tuesday in the journal Circulation.




The conclusion about coated aspirin was only one finding in the study, whose main goal was to test the hotly disputed idea that aspirin does not help prevent heart attacks or stroke in some people.


For more than a decade, cardiologists and drug researchers have posited that anywhere from 5 to 40 percent of the population is “aspirin resistant,” as the debated condition is known. But some prominent doctors say that the prevalence of the condition has been exaggerated by companies and drug makers with a commercial interest in proving that aspirin — a relatively inexpensive, over-the-counter drug whose heart benefits have been known since the 1950s — does not always work.


The authors of the new study, from the University of Pennsylvania, claim that they did not find a single case of true aspirin resistance in any of the 400 healthy people who were examined. Instead, they claim, the coating on aspirin interfered with the way that the drug entered the body, making it appear in tests that the drug was not working.


The study was partly financed by Bayer, the world’s largest manufacturer of brand-name aspirin, much of which is coated.


Aside from whether coating aspirin conceals its effects in some people, there is little evidence that it protects the stomach better than uncoated aspirin, said Dr. Garret FitzGerald, chairman of pharmacology at the University of Pennsylvania and one of the study’s authors.


“These studies question the value of coated, low-dose aspirin,” he said in a statement accompanying the article. “This product adds cost to treatment, without any clear benefit. Indeed, it may lead to the false diagnosis of aspirin resistance and the failure to provide patients with an effective therapy.”


In a statement, Bayer took issue with some of the study’s conclusions and methods and said previous studies of coated aspirin, also called enteric-coated aspirin, have been shown to stop blood platelets from sticking together — which can help prevent heart attacks and stroke — at levels comparable to uncoated aspirin. Bayer also noted that the price difference between its coated and uncoated aspirin was negligible, although Dr. FitzGerald argued there was no reason patients should use anything other than uncoated generic aspirin, which is cheaper.


“When used as directed,” the company said, “both enteric and nonenteric coated aspirin provides meaningful benefits, is safe and effective and is infrequently associated with clinically significant side effects.”


Although researchers had long observed that, as is true with most drugs, aspirin’s effects varied among patients, the existence of “aspirin resistance” gained currency in the 1990s and early 2000s. One often-cited study, published in 2003, found that about 5 percent of cardiovascular patients were aspirin-resistant and that that group was more than three times as likely as those not aspirin-resistant to suffer a major event like a heart attack.


But some said the popularity of aspirin resistance got a boost in part because of the development of urine and blood tests to measure it and the arrival on the market of drugs like Plavix, a more expensive prescription drug sold by Bristol-Myers Squibb that also thins the blood.


In the most recent study, the patients who initially tested positive for aspirin resistance later tested negative for it and by the end of the study, Dr. FitzGerald said, none of the patients showed true resistance. “Nobody had a stable pattern of resistance that was specific to coated aspirin,” he said. If resistance to aspirin exists, he said, “I think that the incidence is vanishingly small.”


Dr. Eric Topol, one of the authors of the 2003 study, said he strongly disagreed with Dr. FitzGerald’s conclusions, noting that it looked only at healthy volunteers, “which is very different than studying people who actually have heart disease or other chronic illnesses who are taking various medications.” Those conditions or medications could affect the way aspirin works in the body, he said.


But Dr. Topol and Dr. FitzGerald did agree that there was little value in testing for whether someone was aspirin-resistant, in part because there was little evidence that knowing someone is resistant to aspirin will prevent a heart attack or stroke.


Representatives for Accumetrics, which sells a blood test, and Corgenix, which sells a urine test, maintained that there was value in determining how well aspirin worked in individual patients, and said more recent research on the issue has moved away from a stark determination of whether someone is resistant to aspirin. “This whole concept of drug resistance has moved past that term and moved into the level of response that someone has,” said Brian Bartolomeo, market development manager at Accumetrics.


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ICC lets ComEd delay smart meters until 2015









The Illinois Commerce Commission on Wednesday approved ComEd's request to delay the installation of smart meters until 2015 but said it will revisit the issue in April when the utility is scheduled to file a progress report on the program.

Under massive grid modernization legislation, ComEd was supposed to begin installing smart meters this year, but the ICC cut the funds ComEd was expecting to receive under the program and the utility said it could no longer afford to install the meters that quickly. The two sides are battling in court in a process that could take years.

An administrative law judge, as well as several consumer advocacy groups, had recommended the commission not accept the delay.

Jim Chilsen, spokesman for Citizens Utility Board, said a delay is not in the best interest of consumers. According to a ComEd commissioned analysis, the delay means consumers will miss out on approximately $187 million in savings that could come from the program over 20 years and will pay $5 million more for the smart meters. Chilsen said that CUB, which had urged the commission not to delay the program, will review the order once it becomes available and that it could seek to appeal the decision before the Illinois Appeals Court.

Other aspects of smart grid installation are under way, including "smart switches" used to automatically isolate outages and reroute power to customers. However, smart meters are the most consumer facing aspect smart grid and let the utility track on a computer what customers lack power and those who have had power restored.

Without the smart meters, customers must alert ComEd to an outage. Other parts of smart grid allow ComEd to see where the power is out in general.

The smart meters were a major component in ComEd's pitch to the state legislature for massive regulatory overhaul legislation that streamlines the rate-making processto give ComEd faster and more frequent rate hikes as it undertakes the multibillion-dollar grid modernization.

jwernau@tribune.com | Twitter @littlewern

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Hamstring strain could sideline Urlacher for season








Chicago Bears linebacker Brian Urlacher is expected to miss the next three games and possibly the rest of the regular season with a Grade 2 hamstring strain, according to two sources familiar with his injury status.

Urlacher hopes to be fully recovered for the playoffs, provided the Bears remain in good postseason standing. A return for the Dec. 30 regular-season finale against the Detroit Lions is a possibility.

The eight-time Pro Bowler strained his right hamstring on the second-to-last play of Sunday’s 23-17 overtime loss to the Seahawks.  Urlacher heard a "pop" as he chased Seahawks quarterback Russell Wilson near the sideline. It was a non-contact injury.

Urlacher declined to discuss the injury or his playing status when reached by the Tribune. He underwent an MRI on Tuesday, which confirmed the Grade 2 strain.


Urlacher has started in all 16 games in nine of the past 12 seasons.

After Sunday’s loss, a team source indicated the Bears needed to prepare to play without Urlacher "for a while." Nick Roach took over at middle linebacker for the final play of overtime as Geno Hayes slid over to Roach’s spot at strong-side linebacker.

This week’s game against the Vikings would be Roach’s fourth career start at middle linebacker. The Bears also had linebacker Dom DeCicco at Halas Hall on Tuesday and re-signed him for depth at the position.

If the playoffs started today, the 8-4 Bears would be the fifth seed against the fourth-seeded and NFC East-leading Giants (7-5) on wild-card weekend Jan. 5-6. Such a scenario would give Urlacher a month to fully recover.

The 34-year-old Urlacher’s contract expires at the end of the season, and he still has a desire to play at least two more seasons depending on his health. He entered the 2012 campaign recovering from a severe left knee injury sustained during last year’s season finale at Minnesota. Urlacher sprained his medial collateral ligament and partially sprained posterior cruciate ligament. He underwent multiples procedures to repair the damage.

General manager Phil Emery wouldn't commit to re-signing the future Hall of Famer and said any contract offers would be based on performance. Urlacher not only leads the team in tackles with 88, but he also has an interception return for a touchdown, three forced fumbles, and two fumble recoveries.

vxmcclure@tribune.com

Twitter@vxmcclure23






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Disney, Netflix sign exclusive TV distribution deal












(Reuters) – Walt Disney Co agreed to give Netflix exclusive TV distribution rights to its movies, becoming the first major studio to stream its movies to TV viewers via Netflix instead of distributing them to HBO, Showtime or other premium TV channels.


The agreement begins in 2016, after Disney‘s current deal with Liberty Media’s pay-TV channel Starz expires.












The deal gives Netflix streaming rights to movies from Disney‘s live action and animation studios, including those from Pixar, Marvel, and the recently acquired Lucasfilms. Disney bought the famed studio founded by George Lucas and responsible for the “Star Wars” franchise for $ 4 billion on October 30.


Movies from Steven Spielberg’s DreamWorks studios are not included in the deal, as that studio distributes its movies through CBS’s Showtime on TV. Disney recently signed a deal to distribute DreamWorks’ films theatrically after the studio’s deal with Viacom’s Paramount Pictures expired.


Under the deal’s terms, Netflix can stream Disney movies beginning seven to nine months after they appear in theaters, as Starz had done in Disney’s prior agreement. The deal does not cover DVD rentals of Disney movies.


The agreement follows similar deals Netflix has inked with smaller studios, including Relativity Media, The Weinstein company and DreamWorks Animation.


Netflix shares were up 12.9 percent to $ 85.83 in afternoon trading following news of the agreement.


(Reporting By Ronald Grover; Editing by Peter Lauria and Tim Dobbyn)


TV News Headlines – Yahoo! News


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Recipes for Health: Carrot Purée — Carrot Purée


Andrew Scrivani for The New York Times NYTCREDIT: Andrew Scrivani for The New York Times







You can serve the carrot purée on its own on croutons or pita triangles, or as a dip with crudités. You can also accompany it with garlicky yogurt seasoned with mint, as it would be served in Greece or Turkey.




1 1/2 pounds carrots, peeled and sliced


1/2 teaspoon cumin seeds, lightly toasted and ground


3/4 teaspoon caraway seeds, ground


1/2 teaspoon Aleppo pepper or mild chili powder


Salt to taste


3 tablespoons extra virgin olive oil


1 to 2 tablespoons fresh lemon juice (to taste)


Salt to taste


For the optional seasoned yogurt:


1/2 cup thick Greek style plain low-fat yogurt or drained plain low-fat yogurt


1 to 3 garlic cloves, mashed to a puree with salt to taste in a mortar and pestle


1 tablespoon extra virgin olive oil


1 tablespoon fresh lemon juice


1 tablespoon finely chopped mint


1. Steam the carrots above 1 inch of boiling water for 15 minutes or until soft. Remove from the heat and transfer to a food processor fitted with a steel blade.


2. Pulse the carrots in the food processor and scrape down the sides of the bowl. Turn on the food processor and while the machine is running pour in the olive oil and lemon juice. Process until the carrots are pureed. Stop the machine and scrape down the sides of the bowl with a spatula. Add the cumin seeds, caraway seeds, Aleppo pepper or chili powder, and salt to taste and process until incorporated. Taste and adjust seasonings. Transfer to a serving bowl or platter.


3. If using the seasoned yogurt, combine all of the ingredients and mix together well. Make a well in the middle of the carrots and spoon in the yogurt.


4. Serve the carrot puree with pita triangles, croutons, or crudités.


Yield: 2 cups


Advance preparation: The carrot puree will keep for 3 or 4 days in the refrigerator and can be frozen. The seasoned yogurt should be eaten soon after it is mixed together as the garlic will become even more pungent over time.


Nutritional information per tablespoon (without yogurt): 20 calories; 1 gram fat; 0 grams saturated fat; 0 grams polyunsaturated fat; 0 grams monounsaturated fat; 0 milligrams cholesterol; 2 grams carbohydrates; 1 gram dietary fiber; 15 milligrams sodium (does not include salt to taste); 0 grams protein


Martha Rose Shulman is the author of “The Very Best of Recipes for Health.”


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United Dreamliner makes emergency landing in New Orleans









A brand-new United Airlines "Dreamliner" bound for Newark, N.J., was diverted Tuesday morning, making an emergency landing in New Orleans because of a mechanical problem.

The Boeing 787 Dreamliner recently entered service in North America in a debut last month with United Airlines. United and Boeing are both based in Chicago.

United flight 1146 from Houston to Newark was diverted to Louis Armstrong New Orleans International Airport and landed safely, the airline said. The flight carried 174 customers and 10 crew members.

"We are re-accommodating the customers on a different aircraft to Newark," United said in a statement. "United will work with Boeing to review the diversion and determine the cause."

The Dreamliner, which features greater passenger comforts and fuel efficiency compared with similar planes, is a big deal for United and Boeing and has been highly touted by both.

gkarp@tribune.com

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