Tuesday, January 7, 2014

Home sales are dipping

According to chicagorealestatedaily.com, Chicago-area home sales dropped last month for the first time in almost 2½ years.  According to the Illinois Association of Realtors this is reflecting the low supply of homes on the market.  They found that in the nine-county local area, 7,640 homes sold last month, down 1.3 percent from 7,744 sales in November 2012.
This decline snaps a streak of 28 consecutive months that local home sales rose year over year.

Posted by Bradford Miller Law, P.C.
134 N. LaSalle, Suite 1040
Chicago, IL 60602
312-238-9298
http://www.bradfordmillerlaw.com

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