In the first week of the stay-at-home order, 895 homes entered the for-sale market in Chicago. That’s down almost 34 percent from the corresponding week in 2019. Until the week ended March 7, new listings were running about even with 2019, but they dropped in each of the subsequent two weeks as efforts to slow the pandemic grew.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Ouch, bad news, really bad time to be a realtor. It’s quite literally 2008 all over again.