Found 1 blog entry tagged as Chicago homes for sale.

Chicago condosIn a trend that falls in line with what much of the nation has been experiencing in 2013, Chicago condos and homes for sale are seeing low inventory, high prices, bidding wars, and quick turnaround between when a property or space is listed and when it is sold.

A recent report from the Sun-Times used the example of Jason and Megan Komenda, a couple expecting a child who were looking to move out of their Chicago condo in Lincoln Square to find a larger home. It took the Komenda's three attempts to close on a home, due to higher-priced offers ousting their initial bids—and when they did secure a property, it was only because another buyer fell through due to complications.

While this scenario might sound difficult, it's actually pretty indicative of the…

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