Britta Rivera Venture

CHICAGO REAL ESTATE NEWS & MORE

CHICAGO 2012: NATO SUMMIT SHUTS DOWN REAL ESTATE TRANSACTIONS

This weekend is the start of Chicago hosting the Nato Summit.  While it may be good for some business owner’s, it has definitely shut down Chicago’s real estate business.  In certain parts of the city, others are being hit by the restrictions on travel, but the real loss is in home sales.

The housing market has had its challenges and is finally on the way to recovery in Chicago, so this halt has agents on edge.  With the recent surge of investor’s and buyer’s hitting the market, losing a valuable weekend of property showings and sales transactions is an unwelcomed challenge.

Want to see that special home?  Ready to put in an offer on the home of your dreams?  Well, if you are looking in the heart of the city, this likely will need to wait until next Tuesday when real estate transactions resume.

Many say that the Nato Summit offers Chicago worldwide exposure, but is the loss of the flow of business worth it?  Not sure what you think, but losing the important weeks before summer when the housing market typically slows down, is a setback.

DO YOU NEED TO SELL OR BUY A HOME IN CHICAGO?  READ THIS AND SEE HOW TO MAKE IT HAPPEN!

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May 19, 2012 - Posted by | CHICAGO REAL ESTATE | , , , , ,

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