The weather is almost cooperating with the Chicago Real Estate Luxury Market. It was cool, then rainy, then hot, then rainy and now it’s cold cold. We all keep reading daily articles that the recovery is here, oops it’s not, then it’s here. Well, we have never been able to predict the Chicago weather, so who is to say the real estate market isn’t in recovery. I will go on record that is has started. I have been negotiating all weekend. Condos that have been on the market for a year are getting offers and yes we are starting to put them together. I do love the customer or new agents who ask the question Why has it been on the market so long? Well maybe you missed the meltdown or all the articles, money and war.

I believe that the buyers who have been paying attention are starting to get nervous. The missed the bottom is upon us. I have seen this before. Remember, never pick a bottom (or top). Twitter and Facebook are bringing so much information to people they are overwhelmed.

Please take one step back and if your credit is good and you have a job then go buy real estate. You will forever thank me when your kids are all grown up! Buy the kids a condo for graduation for God’s sake, what are you going to take it with you?

Posted By: Anton Ursini.