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Chicago Home Sales Rebound in October


September was not a good month for home sales in metro Chicago. But according to Crain’s, while Chicago-area home sales dipped in October from a year earlier, the decline was far smaller than the double-digit drop a month earlier.

In fact, the median prices of homes sold during the month were up by some of the biggest margins of the year.

2,056 homes sold in October, according to data released this morning by statewide industry group Illinois Realtors;that's down 2.5% from the same time in 2017.

In the nine-county metropolitan area, 9,038 homes sold last month, down 1.7% from October 2017. But the declines in the region were smaller than the decline in home sales nationally;not too shabby.

Read on HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

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