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Wintrust Business Minute: Illinois among states with highest concentrations of at-risk housing markets

 
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Contenuto fornito da wgnradio.com. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da wgnradio.com o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

A new report shows Illinois, California and New Jersey have the highest concentrations of at-risk housing markets in the country. The report was compiled by ATTOM, a curator of land, property, and real estate data. The Special Housing Risk Report spotlights county-level housing markets vulnerable to declines, based on home affordability, underwater mortgages and other measures. It found some of the biggest clusters were around Chicago, New York City and inland California. The locations around Chicago include parts of Cook, Kendall, McHenry and Will Counties. Lake County, Indiana is also highlighted. Counties are considered at-risk based on the percentage of homes facing possible foreclosure, the portion with mortgage balances that exceeded estimated property values, the percentage of average local wages required to pay for home ownership expenses and local unemployment rates.

Also, there’s a new ranking of the country’s top 100 colleges and universities with startup founders. Listen for more below:

  continue reading

102 episodi

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iconCondividi
 
Manage episode 438424599 series 3035618
Contenuto fornito da wgnradio.com. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da wgnradio.com o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

A new report shows Illinois, California and New Jersey have the highest concentrations of at-risk housing markets in the country. The report was compiled by ATTOM, a curator of land, property, and real estate data. The Special Housing Risk Report spotlights county-level housing markets vulnerable to declines, based on home affordability, underwater mortgages and other measures. It found some of the biggest clusters were around Chicago, New York City and inland California. The locations around Chicago include parts of Cook, Kendall, McHenry and Will Counties. Lake County, Indiana is also highlighted. Counties are considered at-risk based on the percentage of homes facing possible foreclosure, the portion with mortgage balances that exceeded estimated property values, the percentage of average local wages required to pay for home ownership expenses and local unemployment rates.

Also, there’s a new ranking of the country’s top 100 colleges and universities with startup founders. Listen for more below:

  continue reading

102 episodi

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