It's not as bad as it sounds. Managing Broker, and president of the Chicago Association of REALTORS® Matt Farrell recently sat down with the Chicago Tribune to discuss Chicago-area home sales and their third consecutive month on the decline.
"It's a good market, it's just a frustrating market," said Matt Farrell. "It's frustrating for buyers because there is limited inventory. They find themselves in bidding wars which isn’t good for anyone. Even if you lose out on a property and go to your next one and lose out on that one, and win your third one, you should be excited but there's that pain of 'Yeah, we won our third choice.'"