When flat is fine: forecasts for Chicago housing market – Crain’s

A prediction for 100 metro areas puts Chicago in a group of 17 where both prices and sales will go down, but the dips here are so small as to be essentially flat. Local experts say not much will change until the city and state are on better financial footing.

1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Gemini
6 years ago

Bravo to Jenny Ames for speaking the truth on this.

Too many realtors stick their heads in the sand on this issue and try to sugar coat things. Jenny obviously does not, and props to her for that.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE