Chicago's Most-Viewed Condo Buildings By Home Buyers in 2023
Posted by Helaine Cohen on
Low inventory and increasing mortgage rates have been the defining characteristics of real estate in 2023, leaving many home buyers and selling wondering if the new year will bring some much needed relief, positivity, and stability back to the housing market as a whole. Back in August, the average mortgage rate exceeded 7%—the highest level in two decades—and with home sales in Chicago down 11% in September, it seems the rush of home buyers transitioning to a new living situation due to new work-from-home policies and other lifestyle changes has dwindled as well. Despite these and other market challenges, however, the end of the year is rapidly approaching now that the calendar has flipped over to November, making it the ideal time to start looking…
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