Why Is It Taking Longer For Properties To Sell? - Posted by Nimesh Patel

Posted by Nimesh Patel on June 11, 2005 at 24:13:04:

Hi everyone:

I was wondering, why is it taking longer and longer for properties to sell in the Chicago market? Properties that are over 500K are taking a long time to sell (typical wait time is 9 months to almost 18 months). What is going on? Does this mean that the so called “bubble” is about to burst?