Articles tagged 'Homeownership'
Cook County House Price Index Highlights Persistent Divide Between Neighborhoods
CHICAGO — As house prices rebound in all communities across Cook County, the divide between areas that are thriving and those that are struggling persists, according to the May 13 release of the Cook County House Price Index from the Institute for Housing Studies at DePaul University. This release of the Index tracts quarterly...
Nine Years After the Bubble, Peak Prices Are Far Off for Many Homeowners
Homes in Chicago’s lakeside Lincoln Park neighborhood cost about what they did at the peak of the housing bubble that burst in 2006. But Lincoln Park, renowned for its luxury homes, is the exception in Chicago. According to our Cook County House Price Index, released today, home prices in the average Chicago neighborhood...
Cook County House Price Index: Fourth Quarter 2014
This update of the Institute for Housing Studies (IHS) Cook County House Price Index highlights changing prices for single-family homes through the fourth quarter of 2014 in 16 City of Chicago submarkets and 17 submarkets primarily in suburban Cook County.
The Good, The Bad, The Local: The Housing Market's Rebound
As the United States limps out of economic disarray, it can often seem like the nation is taking one step forward and two back. This spring’s home-buying season is typical of that lurching sensation. Home prices are slowly climbing—by 4.6 percent since last year, according to Black Knight Financial Services. The latest report from...
2015 Chicago Area Housing Market Conditions Report
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 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.
Examining Patterns of Concentrated Institutional Investor Purchases in Cook County
After aggressively entering the housing market in 2012, institutional investors slowed their purchasing of single family homes in early 2014, signaling the beginning of a new phase in the real estate owned (REO)-to-rental cycle that shifts focus away from property acquisition and increasingly toward how these global corporations will act as property owners...
Cook County House Price Index: First Quarter 2014
Update from IHS's regularly updated Cook County Single Family House Price Index.
A Closer Look at Business Buyer Activity in Cook County in 2013
The growth of institutional investors as a dominant player in certain hard-hit housing markets may have implications for the recovery and stability of these markets in coming years. This post examines the recent activity of the top business buyers of single family homes in Cook County and highlights the emergence...
Informing the Housing Market Recovery
Where is the housing market headed? The U.S. housing market could be in a recovery that is showing signs of slowing. Or perhaps it is recovering too quickly and another bubble is forming which is on its way to bursting.The true nature and the direction of the housing market recovery...
Cook County House Price Index: Fourth Quarter 2013
Update from IHS's regularly updated Cook County Single Family House Price Index.