We are constantly being bombarded with bad economic news. Well, finally there seems to be some good news on the horizon! James Smith, chief economist at Parsec Financial is quoted in the Chicago Tribune as saying growth will resume “no later than May 15.” Smith has strong opinions about how economies react to a panic, which in the current case is “about over,” he said. “After every one of these episodes, the economies affected usually come back stronger than before and more rapidly than we expect. The deeper they fall, the quicker the rebound.” He believes that housing will rebound first, then vehicle sales, consumer confidence and small-business optimism.

So if you agree and feel that we may be ready for the economic recovery,  it’s time to start searching Chicago homes for sale so you’ll be ready to take advantage of the market before the rebound is in full swing!