Is Chicagoland’s Inventory Heading Towards A Surplus?

June 16, 2014

After a challenging 2013 in which many of the country’s major metropolitan areas suffered from a shortage of inventory, the outlook is finally starting to improve. According to a Chicago Agent story citing data from Movoto’s “State of the Real Estate Market” report, Chicago’s year-over-year inventory rose 12.8 percent in May, bringing overall inventory to 8,767 units. Nationally, year-over-year inventory increased by 15.4 percent, a number that’s expected to boost buyer confidence going into the second half of the year.

Read Full Article


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Taylor Johnson