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Chicago Winter Real Estate: Busy Market & Hot Deals
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Chicagos winter real estate market is booming, with experts predicting a busy season. Sellers are getting solid prices, similar to spring, and buyers are plentiful. Inventory is tight, down 23.9% to 3,762 homes, and closed sales dropped 11% in November. However, homes are moving faster, with a 13.6% reduction in days on the market. Mortgage rates are expected to hold steady, keeping it a strong sellers market. Buyers are advised to be flexible on location and consider fixer-uppers. Neighborhoods like River North, the Loop, and South Loop offer good value options. Recent listings around the median price show a range of possibilities, from historic units to modern lofts with amenities. Checkout Solipillow.com
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