Chicago home prices fall in October (via Crains)

December 30, 2009 at 12:05 pm | Posted in Chicago News, Real Estate, Real Estate Jargon, Real Estate News | 1 Comment
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According to this recent Chicago Crain’s article…

“Local prices fell 1 percent in October compared with September, the first drop after five straight monthly increases, according to seasonally adjusted data from the Standard & Poor’s/Case-Shiller home price indices.”

“Home prices in the Chicago area were down 10.1 percent in October compared with October 2008.”

Come on first time buyers and qualified repeat buyers: take advantage of the tax credit!  Many say, however, the housing market and the economy can’t rebound by themselves — we need companies to start hiring.

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  1. Great post, very interesting concept. You make a good point that all the factors need to come into play. Selecting a good property agent is most important for property management who helps you throughout the buying process and beyond to completion.

    Overseas Property


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