Chicago housing strength rises—from dead last – Crain’s

Of 100 big U.S. cities in the annual forecast Realtor.com released in late November, Chicago is expected to have the 84th-strongest residential real estate market in 2018, far better than this time last year, when Chicago placed dead last out of 100.

The forecast sees Chicago-area home prices rising by 2.57 percent during the year, up from last year’s forecast, for a 1.9 percent increase. The improved forecast shows that “we see room for more price growth in Chicago,” Vivas said.

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Springfield fiddles while Illinois cities burn – Wirepoints Special Report

Special report: Decades of state mandates have pushed up costs, taxes and debts to unsustainable levels for many cities. They’re either at the brink of bankruptcy because of unfunded pensions or have lost people and businesses due to high taxes and fewer services. The most unfortunate cities, like Danville Illinois, are suffering from both.

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