Illinois real estate market sees growth despite economic downturn due to coronavirus pandemic

Costs are additionally up. The statewide median for October was $233,000.

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All of that is taking place throughout the COVID-19 pandemic and the ensuing financial downturn.

Sue Miller, designated managing dealer at Coldwell Banker Actual Property Group McHenry, and the 2021 Illinois Realtors president, joined ABC 7 Chicago Sunday to speak about the true property market and what’s driving this progress.

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Tommy Choi, previous president of the Chicago Affiliation of Realtors and co-founder; Keller Williams of OneChicago; and Geoffrey Hewings, emeritus director of the Regional Economics and Functions Laboratory on the College of Illinois spoke, as nicely.