Residents who recently purchased their first home postponed buying to work on credit scores and dipped into retirement and savings accounts to come up with a down payment.
After a slow year for the residential real estate market in 2023, with persistent high mortgage rates and low inventory keeping buyers and sellers sidelined, industry experts are optimistic for the 2024 local and national markets. For Chicago and statewide, housing market trends in the final three months of 2023 continued to show declines in home sales compared with 2022 — apart from in the .
Chicago Home Sales Dropped 20% in 2023 therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
After a slow year for the residential real estate market in 2023, with persistent high mortgage rates and low inventory keeping buyers and sellers sidelined, industry experts are optimistic for the 2024 local and national markets. For Chicago and statewide, housing market trends in the final three months of 2023 continued to show declines in home sales compared with 2022 — apart from in the .
Chicago home sales dropped more than 20% last year chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.