Tuesday, August 26, 2008

Chicago Home Sales Drop Over 25%

This continues to be a great time to buy real estate! The National Association of Realtors reported another hit to the Chicago real estate market. Home sales in the metropolitan Chicago area fell 25.2 percent, and median prices slipped 2.9 percent in July from a year earlier, the Illinois Association of Realtors said Monday. They also reported close to a 3% drop in existing home sales as people are buying properties at a discount. Read on...

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