Articles tagged 'Foreclosure'
This guest blog, co-authored by a group of Chicago housing organizations, responds to IHS's recent analysis on the importance of and threats to 2 to 4 unit buildings in Chicago. It emphasizes the disproportionate health and economic impacts of the COVID-19 pandemic across Chicago’s communities of color; the potential implications for the stability of Chicago’s 2 to 4 unit housing stock; and the urgent need for coordinated actions to address existing needs of families that rely on the affordability that 2 to 4 flats provide.
The City of Chicago commissioned the Institute for Housing Studies to develop data to guide conversations around developing Chicago’s 2019-2023 Five-Year Housing Plan.
Recently, IHS worked with Chicago Metropolitan Agency for Planning (CMAP), Metropolitan Mayors Caucus (MMC), and Metropolitan Planning Council (MPC) to develop a housing market analysis to 1) identify the spatial patterns and characteristics of distinct subregional housing markets across northeastern Illinois and 2) identify a set of market-driven strategies responsive to local needs. The results of this collaborative effort were recently released through the Regional Housing Solutions website.
he Housing Market Conditions Report is released in conjunction with the annual update of the IHS Housing Market Indicators Data Portal. The objective of this report is to help users of the IHS Housing Market Indicators Data Portal interpret IHS market conditions indicators such as levels of foreclosure distress, the characteristics of property sales, or levels of mortgage credit, and how they vary across the region in the most recent data.