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Slowing Growth Plagues Chicago Home Prices


2019 is looking to be a tough year for home values in Chicago.

According to the S&P CoreLogic Case-Shiller Indices, Chicago home prices grew by a sluggish 2.2% in February; the slowest rate of growth in three years.

Chicago is not alone. David M. Blitzer, managing director and chairman of the index committee says that nationally, "the pace of increases for home prices continues to slow.”

But of the 20 metro areas surveyed, Chicago’s rate of growth only eclipsed three other cities: San Diego, San Francisco and Los Angeles.

According to the index, Chicago home values in February were 15.6% below what they were during the Great Recession.

Read on HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

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