According to the Illinois Association of Realtors and PN Newswire of United Business Media, "Illinois Home Sales Up 10 Months in a Row, Chicago Region a Full Year"!

An excerpt from the article talks about Chicago's growth:

"In the city of Chicago, June total home sales (single-family and condominiums) were up 27.5 percent to 2,526 sales compared to 1,981 homes sold in June 2009, the tenth consecutive month of year-over-year sales gains. The city of Chicago median price in June 2010 was $234,250, down 3.2 percent compared to $242,050 a year ago in June 2009. We see an increase in the number of units sold in June 2010 over the same period last year, increasing the year-to-date number of homes sold in Chicago by 41 percent for the first half of 2010 versus 2009," said REALTOR® Genie Birch, president of the Chicago Association of REALTORS® and a broker associate with Koenig & Strey Real Living, Chicago. "We believe this is a positive indicator that Chicago's housing market is stabilizing. Motivated buyers and sellers are working toward realistically closing deals at current market values."

Great news! For the full article, click here