Once again, Chicago area leads nation in home appreciation – Chicago Agent Magazine

The S&P Cotality Case-Shiller U.S. National Home Price NSA Index rose 1.9% year over year in July, up from a 1.6% gain in June. Month over month, the index rose 0.12%.  
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Fed Up Taxpayer
1 month ago

Home appreciation or home inflation? This housing “shortage” is created in part by people fleeing lax crime enforcement and bad schools and moving to other perceived “better” areas – creating a demand that is driving property values artificially high. There seems to be plenty of housing. According to the Chicago Metropolitan Agency, Chicago has 185,000 vacant units, or almost 8% of its housing stock sitting vacant. This could be due to buildings in such disrepair that financial upgrades are unlikely, properties that are abandoned due to suffocating real estate taxes, or landlords and investors that have purchased properties and dont… Read more »

Irish Patriot
1 month ago

I can’t Chicago market is the hottest in the US right now, and there’s no satisfactory explanation for it.

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Glennon raised the stakes of the moment in broader civilizational terms: “This election in Illinois is not about the usual pedestrian issues… it’s about nothing less than whether Western civilization survives in our democratic republic of America because [the left], just on the open border alone, will destroy the country, and now they’re bringing in the jihadists, frankly, into the party.” Audio and summary linked here.Audio and summary linked here.

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