Chicago Relocation

Good news – Contracts are up!

March 22, 2011

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Mary Ellen Podmolik, Tribune reporter  suggests that some optimism is starting “peek through the doom and gloom of the Chicago area’s housing market” according to her article in today’s Chicago Tribune.

The article claims that “the number of contracts signed during the month was at its highest level since April, when a homebuyer tax credit was propelling the market.”

The article quoted Baird & Warner agent Coralie Norwell, whose client’s red brick home in Evanston had an offer on the same day it was listed.

“Sometimes you just hit it,” Norwell said. “There are a lot of people out (looking). Unemployment is down, and I imagine that has something to do with it.”

Read the insightful article here.