About this document
Chicago Real Estate Market Update: Jan 2014 by Shay Hata is a document available to read on EtoBox.
The document summarizes real estate market trends in Chicago from January 2014. It found that home sales decreased 8.9% from January 2013, while the median home price increased 17.8% and time on market decreased 18.4% to an average of 71 days. The sales forecast for February through April 2014 predicts a 5.3-7.1% annual decrease in home sales. Inventory decreased 25% while newly filed foreclosures decreased and foreclosure sales increased compared to the previous year.
- Author
- Shay Hata
- Language
- EN