Check out this report —
http://www.illinoisrealtor.org/sites/illinoisrealtor.org/files/2013marketstats/Chicago-PMSA-July2013.pdf
Chicago PMSA Home Sales July 2013
Prices in some naighborhoods are still very, very far from the peak, so I’m not saying the market has totally recovered, but it’s definitely there’s definitely a strong trend to recovery. If you’re still looking to buy, now might be the right time.
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