This report is the second in a pair of analyses that provide in-depth information on neighborhood-level home-buying patterns in the 1990s for the six-county Chicago metropolitan area, with a closer look at the city of Chicago. Our goal is to provide policy makers, planners, and communities with key information on changes in neighborhood demographics and housing markets. These brief reports are aimed at going beyond anecdotes to answer questions on how various communities are changing.The first report focused on changes in city and suburban home buying from 1993 to 2000 by income of homebuyers. This report examines the extent to which neighborhoods within the Chicago area have obtained significant levels of income and racial diversity in home buying and maintained such diversity over the 1990s. To do so, we compare compositions of buyers in neighborhoods across the metro area in 1993 and 1994 (combined) to those in 1999 and 2000 (combined).