What Does the Chicago Housing Market Look Like for the Rest of 2017?
Jason Finn
VP Mortgage Lending, Key Mortgage - NMLS# 2311805, Founder - Geek Chicago, & TV Host of 'Windy City Poker Championship'
What’s in store for the Chicago housing market in 2017? In most respects, more of the same.
According to market experts, Chicago is on track for a fourth straight year of price gains. However, some see this growth as relatively weak tea. According to a forecast by the National Association of Realtors, for instance, Chicago is expected to have the weakest housing market out of any of the 100 largest major metropolitan areas in the nation.
On the one hand, this stunted growth may be cause for some worry. On the other, our unique market may be uniquely primed to offer advantages to both home buyers and sellers in the months ahead.
Now that we’re moving out of the frigid days – and marketplace – of winter, what are the housing trends you should be following for the rest of 2017? Let’s explore.
The Most Interesting Stat: Sales Prices
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