Time to Buy a Home in Chicago?

While existing Chicago home sales rose slightly in 2011 (compared to 2010), the increase of 1.3% was not dramatic by anyone’s estimation. However, lower home prices in general make it an easier for people with great credit, first-time homeowners and investors to find great deals on homes in Chicago. In fact our area may be seeing a climb in employment level by the end of the year, as suggested by the U.S. Conference of Mayors, which could spur an interest in home purchases, as well.
At Sergio and Banks we follow the foreclosure market carefully and can even help you purchase your Chicago short sale. As you search through listings and attempt to make sense of the rules, guidelines, and procedures associated with buying or selling a distressed property in Chicago, we are here to help. Our team is dedicated to assisting you as you sell or buy your home for the best price possible. Whether you are interested in a turn-key property or a fixer-upper, we have the inventory and connections to match you and your home. We know Chicago, we love Chicago, and we can help you meet success in your search for a home in Chicago while mortgage rates are at historic lows.