Homes Are Selling Fast in Chicago, and Suburbs Are Seeing Biggest Increase

Maurice Hampton, a realtor and member of the Chicago Association of Realtors, shared some insights with ABC 7 Chicago Terrell Brown.

Maurice Hampton Outline on House Sales …

Sales up in Chicago nearly 28%.

Sales up in Chicagoland area 38%.

Sales prices up 10% in Chicago.

Sales prices up over 14% in the Chicagoland area

Detached single family home are the primary interest of buyers. Hampton points out condo owners and apartment renters that have flexibility with their jobs to work at home. They want to be able to work at a home with more space.

Some people might be wondering whether people want to get out of residences with common hallways and ducting to take extra precautions against getting ill with COVID-19.

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