Property Values in a Changing Chicago
Chicago has long struggled with segregation and great disparities between neighborhoods; to understand what's happening in its property markets, the city must be explored on a neighborhood level.
Chicago's fortunes as a city can be hard to parse. For two years, Cook County has lost more people than any other county in the nation, yet city populations are relatively flat. At the same time, some neighborhoods have seen home values rise at or above the pace set by the nation, while the city as a whole has yet to see its median sale price return to 2008 highs.
Claire Zulkey presents a comprehensive, neighborhood-by-neighborhood guide to trends over the last year and the last decade. While the piece is framed around housing as an investment, an issue that is fraught with complexities, the picture it paints of the city's housing market is clear, detailed and easy to understand.
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Published on Monday, March 20, 2017 in
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