Quote:
Originally Posted by Kenmore
the recovery has been pretty confined to higher end properties in areas already shaded dark brown...i'd be surprised if there was much of a change.
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Couldn't disagree more, in my experience and opinion this growth cycle has been FAR broader than the previous. Much of the intensity of the last boom was concentrated on the North Side and downtown. The booming that is going on now is strongest all the way from Portage Park down through the entire NW side and also into the West side with the West Loop, West Town, and Ukraniain Village perhaps being the hottest of all. Pilsen, Bridgeport, and to a lesser extent Little Village and Bronzeville are seeing serious investment as well.
If you look closely at the 2005-2009 changes you see that much of the land value losses were high land value areas on the North and North Central parts of town. The areas to the NW basically stayed where they were and the SW side actually saw some orange areas gained.