Cadey O'Leary

Positive employment numbers combined with prevailing attractive interest rates should indicate a market with a solid, upward trajectory.  However, as we complete the first month of the second quarter, we are still experiencing a rather tepid recovery—due largely to a lack of homes for sale.

Chicago’s real estate market continues to perform well.  There have been market fluctuations, particularly in the luxury segment, but the overall tempo is consistent and there are a number of healthy omens. 

The real estate market across Chicago continues its advance with indicators pointing to a healthy fall selling season.   There was some tepidity over the past couple of months, particularly in the luxury sector, likely due to a number of factors from seasonal slowdown during peak summer [vacation] time to uncertainty over stock market volatility and the extent of property tax increases.