Great deals to be found in more affluent communities
By Jean Murphy
The real estate market in the Chicago area is improving. That is the good news, according to Mark Pullinger, vice president of media, marketing and technology for Koenig and Strey, GMAC Real Estate.
The bad news is that distressed properties are driving the market and are continuing to hold prices down, he added.
"We are definitely in a recovering market," Pullinger, 52, said. "2009 was a year of struggle because of significant fallout from the near-market crash in 2008. Revenues were down because the sales just weren't there." CLICK HERE FOR MORE