Tuesday, April 30, 2013


We may have had ridiculously cold weather in March, but the heat in the real estate market more than made up for that. Prices popped: In Chicago, the median sale price was 8.9 percent above where it had been a year before, and for the nine-county region, it was up 2.2 percent, according to Illinois Association of Realtors data released Monday. And the time it took to get a house sold was a little more than 20 percent faster than it had been in March 2013. In fact, March was so good in Chicago real estate that for once, our recent tendency to be the opposite of the national norm was to our advantage: On the national scene, the number of homes sold in March was down 0.6 percent from February. Here, March was up 33 percent from February.
(link below)

1 comment:

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