Crain's reported today..
The Chicago-area index seemed to hit bottom in April 2009, after a 27.4% drop from its September 2006 peak. The index rose steadily through last September but then started falling again. It now stands 28.6% below its peak and roughly where it was in May 2002.
S&P also reported that an index of Chicago-area condominium prices rose 5.2% from March to April. The local condo index fell 6.7% on a year-over-year basis and was down 22.5% from its peak in September 2007.
Your agent will find you a property, or get yours sold, in accordance with your desires. It is important that you know what those are and that you convey them to your agent.
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