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Crain's Chicago @CrainsChicago
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Just in => A quarter-million Chicago homeowners couldn't afford to sell if they wanted to chicagobusiness.com/residential-re…
More than a decade after the housing crash, when many cities' housing markets are years into another boom, a new report shows how far behind real estate values in Chicago have fallen. chicagobusiness.com/residential-re…
Among the nation's 10 largest metro areas, the Chicago region had the largest percentage of homeowners who were "seriously underwater" on their mortgages at the end of the third quarter. chicagobusiness.com/residential-re…
More than 260,000 homes are seriously underwater in the Chicago area, according to property information service Attom. It's by far the largest number of underwater homes in a single metro area; the second-largest is in New York, where about 172,000 homes are seriously underwater.
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