Articles tagged 'Foreclosure'

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.

The 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 understand how to 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.

The aftermath of the housing crisis has seen major institutional investors scooping up thousands of foreclosed or distressed homes in the Chicago region and throughout the country. Since 2012, HUD, Fannie Mae, and Freddie Mac have sold more than 130,000 troubled mortgages, the vast majority to private equity firms and hedge...

Written to inform the development of the City's 2014-2018 Five Year Housing Plan, the Overview of the Chicago Housing Market contains a comprehensive set of maps, charts, and tables meant to both provide background data for the city's housing plan and a comprehensive view of neighborhood housing markets. This book was used to facilitate advisory group discussions of the housing market needs of Chicago’s neighborhoods and to craft the new Five-Year Housing Plan that will guide the City’s policy and investment related to housing from 2014 to 2018.

This is the second in a series of posts discussing long-term residential vacancy in Chicago and suburban Cook County. For the first post in this series, click here. The first post in this series, Understanding vacancy: Patterns of long-term vacancy in Cook County, discussed why a residential address may become vacant and how properties that...