Corcoran Urban Real Estate
 

Neighborhoods, Suburbs Continue Recovery

Neighborhoods, Suburbs Continue Recovery According to a new report, while some neighborhoods and suburbs still have a long way to go, some are nearing the peak values recorded nearly a decade ago.

Single family home prices are just 7.4 percent off their peak value in West Town/Near West Side and 8.3 percent off their peak in Logan Square/Avondale say the results of a new study from the Institute for Housing Studies at DePaul University.

The study also identifies those areas that remain well off their peak, noting that investors are starting to look at them as good investments.

For the whole story, head over to the Chicago Tribune here.