Britta Rivera Venture

CHICAGO REAL ESTATE NEWS & MORE

10/25/11: CHICAGO HOUSING PRICING INCREASES, FOURTH STRAIGHT MONTH; NOW IS THE TIME TO BUY

Today CRAIN’S provided good news for sellers on the housing market.  But this may be a sign that buyers currently sitting on the fence, might want to take the plunge.

The increase makes this the fourth straight month housing prices have gone up this year, which is the opposite of what analyst previously anticipated.  When you think about it, how could anyone know exactly what will happen in this market?  Market Analyst certainly did not warn us about the rapid decline in pricing?  Why didn’t they foresee the housing crisis if they knew so much?  Pricing is going up and they said it would take years.  Why would we listen to them now?

According to the Standard & Poor’s Case-Shiller index,  the price of single-family homes prices actually increased by 1.4%.  The index also increased 1.9%  from June to July, 3.2% from May to June and 1.7% from April to May.

If you are considering taking advantage of incredible housing deals in Chicago, start viewing incredible homes or
register here for assistance. 
If you wait…you may miss out!

READ FULL STORY ON CRAIN’S

SEE WHAT’S HAPPENING WITH JENNIFER LOPEZ

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October 25, 2011 - Posted by | CHICAGO REAL ESTATE | , , , ,

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