Reports

This section highlights standalone reports and applied research products released by IHS.

Reports   December 18, 2018

Analyzing Neighborhoods with Intensifying and Emerging Housing Affordability Pressure

This analysis examines IHS’s updated displacement pressure maps and ways that market pressure may be changing in Chicago neighborhoods. The goal is to give neighborhood stakeholders a timely resource to understand shifting levels of market activity and highlight which areas in the City of Chicago may be experiencing increased displacement pressure.

Reports   August 24, 2018

Overview of Chicago's Housing Market

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.

Reports   November 1, 2016

Measuring the Impact of The 606

Measuring the Impact of the 606: Understanding How a Large Public Investment Impacted the Surrounding Community examines how the housing market responded to the development of The 606 linear park, Chicago's recent addition to the growing number of "rails to trails" projects nationwide.

Reports   November 9, 2014

Understanding neighborhood multifamily lending trends in the wake of the housing crisis

In light of the continued acute need for affordable rental housing in Cook County, the latest report from IHS examines a key challenge to maintaining and increasing the supply of affordable rental units: access to credit for multifamily properties in the county's lower-income communities. This report builds on the findings from the 2013 State of Rental Housing in Cook County using mortgage data released in October of 2014.

Reports   February 26, 2014

The impact of lock-in effects on housing turnover

The research brief, “The Impact of Lock-In Effects on Housing Turnover and Implications for a Housing Recovery” summarizes a new working paper by IHS researchers Patric Hendershott, Jin Man Lee, and James Shilling. It finds that rapidly increasing interest rates, along with negative equity, “lock-in” households to their existing mortgages and residences, which reduces housing turnover.

Reports   October 9, 2013

Overview of the Chicago housing market

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.

Reports   June 13, 2012

Two-to-four unit buildings in Cook County's rental market

This brief highlights the key role the two-to-four unit housing stock plays in Cook County and the challenges facing the stock.

Reports   May 30, 2012

Cash or credit: The role of cash buyers in Cook County's housing market

This analysis examines residential property sales activity in Cook County from 2005 to2011 and explores the role that cash buyers are playing in different segments of the County’s housing market. This analysis sets a baseline for future research into the importance of access to credit and the impact of investor activity on neighborhood recovery.

Reports   March 27, 2012

Credit constraints for small multifamily rental properties

Research from IHS highlights the challenges investors in and owners of smaller multifamily rental properties (buildings with between 10 and 49 units) face when attempting to access sufficient credit for acquisition, rehabilitation, or refinancing.

Reports   December 1, 2011

The role of house flippers in a boom and bust real estate market

This working paper examines the impact that property flippers have on prices in local housing markets during both boom and bust cycles of the real estate market.