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Fournier Law Blog

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Chicagoland Home Sales Fall Short of National Trend

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Home sales in the Chicago area are not enjoying the same positive sales trend as other markets around the country. Last month, home sales on a national level increased by 2.2 percent year-over-year according to the latest Redfin report. However, in Chicagoland, sales actually took a dive 3.5 percent during the same period. An article in the Chicago Business Journal seeks to understand the reasons behind the negative trend. One possible cause offered by Redfin real estate agent David Yocum is the weather. He says during February and March of this year, when he is typically busy, Chicago home sales were slow due to unusually bad weather.

Read the entire article entire article
for other reasons behind the trend.

Image credit: andreas_poike

 

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