Check out the article recently published in Illinois Realtor Magazine regarding leading economists' predictions for the 2007 Illinois Housing Market. The good news is Chicago is a major housing market, impacted by a healthy job market and low interest rates. Overall, 2007 looks good for Chicago.
Take a look at the article. The link takes you to a .pdf file.
(pdf): http://www.illinoisrealtor.org/Member/publications/realtor/2007/Jan/Economy.pdf
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