Chicago home sales dropped more than 20% last year. Industry experts are optimistic for a better market in 2024.
Briefly

I think we are going to see rates go down (in 2024). That will really bring sellers back to the market who are finally able to say 'OK I can do this rate. I am giving up that other one' ... and inventory will increase... So now with more inventory, and buyers more comfortable if we see those rates being consistently lower, I think everyone will see a market that will improve in 2024.
I think we are going to see rates go down (in 2024). That will really bring sellers back to the market who are finally able to say 'OK I can do this rate. I am giving up that other one' ... and inventory will increase...
Read at Chicago Tribune
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