Home values will continue to trend downward.
January 1, 2009
Housing Trends

housing trends

Home prices in many parts of the Chicago area have retreated to 2003 or earlier levels. Nevertheless, foreclosures, short sales and a lack of homes marketed conventionally will drive down prices by 15 percent to almost 20 percent during the year's first quarter, predicts Geoffrey Hewings, director of the regional economics applications laboratory and a professor geography in LAS.“I don't think the market has bottomed out by any means,” he told the Chicago Tribune. “[Foreclosures] are a real concern. If you're within a half mile of a foreclosed property, it's going to have a depressing effect on prices.”

LAS offers classes to meet new U.S. minority cultures course requirement
LAS offers classes to meet new U.S. minority cultures course requirement
    What do Asian American literature, the politics of hip hop, Latina and Latino families, and Mexican –American history have in common? They are just a few subjects among many spring in the College of LAS that will fulfill a new general education requirement at the University of...
Geography professor awarded Guggenheim Fellowship
Geography professor awarded Guggenheim Fellowship
    University of Illinois professor of geography Jesse Ribot has been awarded a 2018 Guggenheim Foundation Fellowship. Ribot is...
At the separation of church and state
At the separation of church and state
McCollum v. Board of Education, the landmark 1948 U.S. Supreme Court case which upheld the separation of church and state in public schools, didn’t originate with a fiery sermon or philosophical debate. It began at a small, wooden desk in a school hallway in Champaign, Illinois.That’s where public...