Illinois housing market
Illinois home values peaked at $218,232 in 2007, fell -32.8% to $146,546 by 2013, and stand at $298,871 today.
Housing Predictor forecasts for Illinois
4 forecasts published for Illinois, newest first.
Coverage gap. The most recent Illinois forecast on this site is for 2018 — 8 years ago. The measured figures above are current; the forecasts below are not.
Illinois in the archive
Reporting filed under Illinois, newest first.
Mortgage Delinquencies Drop Two Straight Months
By Mike Colpitts Mortgage delinquencies fell for the second consecutive month in July and are down 11% for the last year, signaling a major improvement for…
Formal Foreclosures Fall 21 Straight Months
By Mike Colpitts Formal foreclosures fell for the 21st straight month in July as repossessions on U.S. residential properties ran into additional snags.
Top 10 Real Estate College Towns
Investors and parents shopping for rentals for college students might realize a sharp increase in rents when students go off to college this fall.
Cities, States Respond to Foreclosure Crisis
By Mike Colpitts Since the federal government has only tried piece-meal solutions to resolve the housing mess cities and states across the U.S.
Declining Foreclosures Bring Better Times
By Mike Colpitts Foreclosure activity declined 25% in the nation’s most populated state, California from one year ago in July, but the Golden State holds the…
Effort to Block Bulk Wholesale Home Sales Launched
By Mike Colpitts An effort to block the bulk wholesale home sales of foreclosed property held by Freddie Mac and Fannie Mae to investors at cheaply…
Home Price Appreciation Jumps 2.5% for Year
By Mike Colpitts For the fourth straight month home values have increased in appreciation across the U.S., according to real estate research firm CoreLogic.
Mortgage Delinquencies Jump
By Mike Colpitts Homeowners in trouble on their mortgages jumped as more homes joined the long line of defaults in May showing another sign the U.S.
Foreclosures Jump Resumes After Robo-Signing Slowdown
By Mike Colpitts Foreclosure starts rose for the first time in more than two years in May, signaling a resumption of formal bank repossessions of homes with…
States Rip Off Foreclosure Victims
By Mike Colpitts Almost $1-billion targeted to victims of banking foreclosure fraud is being ripped off from foreclosure victims to be used to pay for other…
Housing Index Shows Upward Trend
By Mike Colpitts Home prices declined an average of less than one-percent in the U.S. on a year to year basis through the end of March, according to a…
Recovery Pushes Foreclosures Lower 3 Months
By Mike Colpitts In a sign the U.S. housing market is on the road to recovery, foreclosures dropped for the third month in a row in April, despite a…
FDIC Puts Real Estate Up for Auction
By Ryan Jackson Flooded with an inventory of foreclosures, the government’s Federal Deposit Insurance Corporation (FDIC), which has taken over hundreds of…
U S Foreclosures Drop Huge
By Mike Colpitts Formal foreclosures or homes that were repossessed by their lenders accounted for 830,000 U.S.
2012 Illinois Housing Market
Big job losses and business closings contribute to conditions in Illinois real estate markets as homeowners who have lost their jobs are learning that…
Feds Launch Mortgage Task Force Investigation
By Mike Colpitts More than three years after announcing he would launch a federal task force to investigate the mortgage crisis, President Barack Obama has…
2011 Illinois Housing Market
Troubled by a state economy on the edge, lingering high unemployment and a foreclosure crisis that rivals the most devastated areas in the nation, Illinois…
Home Prices Tumbled Less
By Mike Colpitts Home prices tumbled an average of 4.3% on a year-over-year basis through last November, according to real estate analytics firm CoreLogic.
Index Shows Housing Prices Decline
By Mike Colpitts Housing prices declined an average of 3.9% through the end of October on a year over year basis, according to the CoreLogic housing price…
Home Prices Decline Year Over Year
By Kevin Chiu Home prices declined an average of 4.4% on a year-over-year basis in the U.S.
U.S. Expects Riots to Develop From Economic Downturn
A large majority of those surveyed expect the economic downturn to result in riots in the U.S.
Mortgage Defaults Edge Up in August
Mortgage defaults were filed for the first time against the largest number of homeowners in more than four years in August as foreclosures surged higher for…
Mortgage Fraud Declines
By Mike Colpitts Mortgage fraud loan originations are estimated to decline nearly 40% in 2011 from $12-billion in damages to the U.S.
Mortgage Delinquencies Drop
By Kevin Chiu The number of homeowners behind on their mortgages has dropped as a result of a higher number of mortgage modifications, according to one of…