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Chicago Real Estate Market

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As this year (2017) begin Brokers should gear up for a hectic spring , it is only the beginning of the year , and some Brokers are experiencing a considerable up tick in activities , buyers are anticipating the rise in interest rate so they are on the move , Broker who are full time and are servicing their client properly should see a dramatic increase in income from last year , prices in Chicago are still affordable to the average family 2.5 kids with a combine income of  $50000-$60000 .

Rogers Park and uptown  seem to be one of the more sought after neighborhood for millennials  due to its location near the lake  , transportation , shopping ,  its diversity,  and entertainment . Even though price have increase year to date about 8%  it is still a  great value. also year to date inventory has decrease in theses neighborhood creating a seller market, but  yet affordable.

Leroy Viamille 

 

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About The Author
leroy viamille

CEO/Head broker with over 25 years of experence