Chicago real estate
posted by alexrooney 1 days ago under chicago real estate
Chicago real estate industry is thriving even during the economic crisis that hit the U.S. in 2007. Compared to other major cities in the country, Chicago real estate market has seen some signs of vitality in the last months of 2012. Due to the fact that home prices are very low, investors have shown much interest in buying multifamily properties in the Chicago area and are seeking to invest in the Chicago real estate market. Moreover, analysts say that the unemployment rate in the city has started a decrease trend, which is another good sign for the Chicago real estate industry. Recent data has also shown that the rebound that everybody was waiting for in home sales in metro Chicago real estate market apparently arrived during the first half of 2012, when the number of home sales was 22 percent higher than in the first half of 2011. Moreover the median price for a home in Chicago was $160,000, but reached $185,000 in June. » Chicago real estate
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