01.10.2012 - Chicago housing market slowly, stubbornly improves
When the housing market gets back on its feet, how will we know? Will it be when somebody finally fixes up the abandoned house down the block? How about when that stubborn neighbor gets his price on the house heís listed for two years? Others might say itís when the local bank, if itís still in business, really wants to issue a mortgage. And there will be dreamers whoíll say itís fixed when they can unload that condo that seemed like such a great idea in 2008. The housing market in the Chicago area is getting better, in accordance with improving conditions nationwide, but itís still broken. Its problem is that it is broken in many places, and healing will take, well, how long?..............................................Full Article: Source
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