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Loan Modification

: Mortgage Lender Implode-o-Meter

Chicago-area home prices show first signs of recovery after three-year slide

By Implode-Explode Heavy Industries

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"As prices approach a bottom, it's possible to start assessing the damage. Parts of metropolitan Chicago have seen a decade or more of home price appreciation erased in three years. At the end of 2009, the local price index had plunged 25.8% from its peak in the first quarter of 2007 to its level in first-quarter 2003."

Full post as published by Mortgage Lender Implode-o-Meter on April 26, 2010 (boomark / email).

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