Analysis by ZIP code shows mostly slipping values
By Mary Ellen Podmolik, Tribune reporter April 24, 2011
At best, Chicago-area home prices are bouncing along the bottom or getting less bad as the depreciation rate slows. At worst, they continue in a free fall.
A year of home price changes in some 200 local ZIP codes, provided to the Tribune by housing industry data provider CoreLogic, shows inklings of real appreciation taking hold in some communities in the three months ended in February. But in most others, home prices continued to slide from their year-ago comparisons.