Friday, March 27, 2009

Housing Statistics...Traditional vs. Foreclosures

The Chicago Association of Realtors recently posted very interesting data comparing traditional sales to forecosed and short sale transactions. It is a mixed bag of information. In the single family home category, traditional transactions were markedly stronger while in the condo and multi-unit categories, foreclosures and short sales seemed to stand out. This trend is not quite as prevelant in the the higher priced areas of the city.

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