Year to date in downtown Chicago, condo prices have remained strong. In fact, in seven of eight popular areas, units have increased in value. Increases ranging from 3.2% to 46.5%. The areas inlcude The Gold Coast, Lincoln Park, Lakeview, Roscoe Village, The Loop, West Town and The South Loop. Prices in the Near Westside show a scant .59% decline.
My transactions are up 15% for the same period this year versus last.
Sure we are in the midst of tough times. But Chicago is relative fortunate in that it has an economy of diversified busines and industry and an allure that makes people want to call the Windy City home.
Tough times: sure. A buyers market: absolutely. Hope for sellers: without a doubt, providing they have an attractive property that is reasonably priced.
I am right now staring at the "Top Producer" certifcate awarded me by the Chicago Association of Realtors. A hard-earned recognition. A CAR executive observed recently that the "...feint of heart can't lay claim to the prestigious award. Only the best of the best can."
My absolute best. That's what I strive to deliver to each of my clients. No matter whether they are a seller client or a buyer client.
Want to talk about your real estate situation? And how I quite possibly could be instrumental in getting you to the finish line, to that goal you have in mind.
Let the dialogue begin at 312 264-5854. Or e/tmcgavin@rubloff.com.
Challenging times demand grit, savy and professionalism. That's what I am all about.
8 years ago

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