New Homes Magazine ad sales are up 20 percent year-over-year through the May issue, without any increase in ad rates.

Online revenues from YoChicago and Housing Newswire are largely theoretical at this point - a bit beyond the fabled "tens of dollars" that newspaper sites were once mocked for generating, but not enough to talk about.

Weak online revenues are not yet a cause for concern. Print's up substantially over budget. And, we have yet to finalize our online offerings and begin asking for orders.

We've been focused on recruiting, adding and training several new staff members. We've also redesigned the YoChicago site (rollout next week) even though it's new, has been well received and is growing its audience.

The bulk of our time and attention recently has been devoted to establishing a base for our neighborhood guide content and our other audience-building features. More on that topic soon.