28.10.2010 - Distressed property bargains create glut in chicago housing market
From Chicagojournal.com: The Great Recession has put for-sale signs on a large number of distressed properties in the Chicago area, and as a result this could also be the year of unusual real estate bargains, experts say. The RE/MAX Northern Illinois real estate network reports that the average price paid for those homes that changed hands in September in the metro Chicago real estate market was $238,592, down 4.6 percent from the average price a year earlier..............................................Full Article: Source
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