City Condo Sales Have Come Back, And 2021 May Be Even Better

March 24, 2021

Historically low housing inventory has sent the spring market into overdrive, and while single-family homes in the suburbs remain appealing, the downtown condo market is seeing a resurgence after the challenges of 2020. Who better to break down the current market dynamics than Taylor Johnson clients Laura Ellis, president of residential sales for Baird & Warner, and David Wolf, president and CEO of Wolf Development Strategies, both of whom were interviewed for a recent Bisnow Chicago feature secured by Team TJ. In the story, Ellis discussed how many new listings are drawing multiple offers, while Wolf spoke to the brisk pace of sales at new downtown developments like The Reed, a residential tower being developed by TJ client Lendlease in Printers Row. We also put Ellis and Baird & Warner agent Stephanie LoVerde in touch with the Chicago Tribune for a separate story on the fierce competition buyers are facing in the current market.

Laura Ellis, president of residential sales for Baird & Warner, and David Wolf, president and CEO of Wolf Development Strategies, recently shared their insights on the Chicago-area housing market.


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