Agents in Illinois grapple with the state’s housing inventory shortage
Housing Wire
FEBRUARY 8, 2024
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 In comparison, Chicago has 1,545 listings. When you have a property that is highly desirable, it can have 12 to 24 showings in 48 hours and end up with multiple offers,” Van Cleve said.
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