Todays River North Real Estate post discusses the current state of inventory of properties that are currently available in the River North Neighborhood. I have several clients looking to buy right now but the pickings are slim at best ufortunately.. Thats great news for Sellers, but bad news for Buyers.
Over the last 2 years, the inventory of condos in River North..has been shockingly low.. There are currently less than 140 for sale (As of March 2016)
With the inventory being this bare, the keyword for all my buyers is PATIENCE! Also, if you find a condo that you like, you need to be prepared to MOVE FAST because there is a ton of competition for a small amount of inventory..
***Buyers also have to be very carefull of paying what the market currently dictates and overpaying!! You need to work with a experience broker such as myself who is familiar with the River North Real Estate Market
Senior Broker | CDPE
River North Realtor
Berkshire Hathaway River North
Office 312 264 1176
Cell 630 327 9136