2026-09-22T08:21:53Z https://www.ideals.illinois.edu/oai-pmh

oai:www.ideals.illinois.edu:2142/101708 2023-07-11 col_2142_5131 com_2142_5130

Chakraborty, Arnab Chakraborty, Arnab Greenlee, Andrew Hanlon, Bernadette Wilson, Bev McMillan, Andrew 2018-09-27T16:34:19Z 2018-09-27T16:34:19Z 2020-09-28T09:15:24Z 2018-07-13 2018-08 As the housing market continues to recover from the foreclosure crisis, an opportunity arises to examine how different hart-hit neighborhoods have managed to recover. This is a two-part study that examines real estate investor activity among REO properties in the Chicago region. The first part consists of a qualitative inquiry consisting of interviews with investors who are active in Chicago’s Southland region. That is followed by an examination of the trajectory of real estate-owned (REO) sales in the Chicago metropolitan statistical area from 2009 to 2013, roughly the first few years of the housing market recovery. Using a data set of property transactions, it tracks property sales to investors and owner-occupants, and examines the neighborhood characteristics that contribute to an investor’s decision to purchase an REO property. `Findings are consistent with previous studies in that investor activity is high in neighborhoods with higher proportions of African American and older residents. In addition, investors report that they consider neighborhood context to be more important than property condition when considering a property’s resale value and that they show a willingness to work with nonprofit or public actors. By understanding the neighborhood-level determinants of REO dispositions and the primary motivation of REO investors’ property selection method, planners can help promote an equitable recovery and greater housing stability within neighborhoods that experience a distinct housing market downturn. Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2020-08-01 The student, Andrew McMillan, accepted the attached license on 2018-07-11 at 15:06. The student, Andrew McMillan, submitted this Dissertation for approval on 2018-07-11 at 15:11. This Dissertation was approved for publication on 2018-07-13 at 13:56. DSpace SAF Submission Ingestion Package generated from Vireo submission #12831 on 2018-09-27 at 11:19:13 Made available in DSpace on 2018-09-27T16:34:19Z (GMT). No. of bitstreams: 2 MCMILLAN-DISSERTATION-2018.pdf: 4504619 bytes, checksum: 6afc58b3f4b20a5fe8277a127fe71d22 (MD5) LICENSE.txt: 4212 bytes, checksum: fb100cad10bed7811b714ccdcb7afd95 (MD5) Previous issue date: 2018-07-13 Embargo set by: Seth Robbins for item 107808 Lift date: 2020-09-27T16:34:29Z Reason: Author requested U of Illinois access only (OA after 2yrs) in Vireo ETD system U of I Only Restriction Lifted for Item 107808 on 2020-09-28T09:15:24Z. application/pdf http://hdl.handle.net/2142/101708 en Copyright 2018 Andrew McMillan urban planning, housing, foreclosures Investing in the post-foreclosure housing market: how neighborhood characteristics and real estate actors affect recovery text text Urban & Regional Planning Regional Planning University of Illinois at Urbana-Champaign Dissertation Ph.D.