I attended the Chicago Association of Realtors 2013 Economic outlook this year. Is Chicagoâ€™s market on fire? That is not an easy answer. Some neighborhoods in Chicago have rebounded while other have not and have yet to recognize properties values with a positive property index.
Neighborhoods like North Center, Lakeview, Lincoln park to name a few values have are in a positive light and values should continue to go up in a realistic way. So is now a good time to buy? Yes. Team up with a broker that understands the neighborhood(s) you may be looking to buy. Now is time to ride the wave up while taking advantage of todayâ€™s record low interest rates.