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Over 35 Percent Of Chicago-Area Homeowners With Mortgages Still ‘Underwater’ Last Quarter

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Back when the U.S. housing bubble was rapidly-inflating in the early- to mid- 2000s, a number of my “contemporaries” here in the Chicagoland area decided to take the plunge and buy homes. They just didn’t expect that plunge to also include local housing prices. Many of these individuals took out mortgages, and as the values […]

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