Chicago Magazine and HousingWire recently compiled a list of the best Chicago suburbs to live in, basing their results on variables such as homes, education, crime, and city life.
Urban's Managing Broker and president of the Chicago Association of REALTORS®, Matt Farrell, spoke with HousingWire about the effects the 2013-14 winter had on the real estate market in Chicago saying, "The market is booming, with extremely low inventory levels and high buyer demand causing bidding wars and fast market times. It’s amazing how much the marketplace has turned from a few years back."
In regards to the coming spring season, Matt added that "Buyers are ready to move and as homes come on the market, they are aggressively making their best offers. Median pricing is up, signaling a strong market on the rise. As sellers get their homes show-ready for a spring market, we believe these homes, too, will move quickly, if priced right."