The Bright Side of Housing: Home Affordability Soars in Metro Chicago Real Estate Market, RE/MAX Reports

Chicago, IL – November 22, 2010 – (RealEstateRama) — The affordability of a classic single-family home has improved by 66 percent in the seven-county metropolitan Chicago real estate market over the last five years, according to a review by RE/MAX employing the traditional measure of home affordability developed by the National Association of REALTORS® (NAR).


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RE/MAX is the leader in northern Illinois real estate sales.  It has been number one in the metropolitan Chicago real estate market since 1989, closing more than $6 billion in sales last year.   The RE/MAX Northern Illinois network consists of 2,500 associates and 120 individually owned and operated RE/MAX offices that provide a full range of brokerage services throughout the northern one-third of Illinois.  Its www.illinoisproperty.com and www.remax.com websites are leaders in consumer visits among real estate brokerage brands.  The northern Illinois network is part of RE/MAX LLC, a global real estate organization with 91,000 sales associates in 83 nations.

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Phone: (847)586-5212, 1-800-892-6196

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