It was an unusually warm real estate market for December.
In the last few months of 2016, signs of strength emerged in Chicago’s long-suffering real estate market, pointing toward further strengthening in the early months of 2017.
In Chicago, the number of homes that went under contract in December soared 33% higher from December 2015, according to the Chicago Association of Realtors. In the six-county metro area, the increase in contracts was 17%, according to the Mainstreet Organization of Realtors. [Read more…]