Articles tagged 'House Price Index'

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 2016 in 16 City of Chicago submarkets and 17 submarkets primarily in suburban Cook County.

This update of the Institute for Housing Studies (IHS) Cook County House Price Index highlights changing prices for single-family homes through the second quarter of 2016 in 16 City of Chicago submarkets and 17 submarkets primarily in suburban Cook County.

For 4 million households, the housing crisis still has a stranglehold on their lives. As prices started to plummet in 2007, many saw their home’s value sink below what they’d paid for it. Negative equity, or an “underwater” home, is what results when a house is worth less than what the homeowner owes on the mortgage....

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 2015 in 16 City of Chicago submarkets and 17 submarkets primarily in suburban Cook County.

The housing crash may have been national, but the recovery is still local. Our updated Housing Price Index, released today, underscores how national data can mask the hyperlocal story of continued struggle—especially in the area of building economically healthy neighborhoods--and how local data can support more targeted development strategies. By most indications, housing prices are cooling off...

This update of the Institute for Housing Studies (IHS) Cook County House Price Index highlights changing prices for single family homes through the second quarter of 2015 in 16 City of Chicago submarkets and 17 submarkets primarily in suburban Cook County.

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...

Property has been one of the surest ways to create wealth for centuries, as the economist Thomas Piketty makes clear in his book “Capital in the 21st Century.” More so than hard work, land ownership has allowed people to accumulate enough wealth to pass on to the next generation. In the United States, where...