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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

If a home is priced correctly, we are seeing multiple offers coming in within a few days, and all over asking (price) and some appraisal gap clauses.” In downtown Chicago, with the high rises, it’s a buyer’s market — maybe the biggest buyer’s market in history if it’s a luxury property. “In year over year to $122,900.

Inventory 406