It is so nice to go into the homes of homeowners and actually give them good news. They can sell their home with a profit. It maybe a break even or small profit, but it is a profit. The market, especially in Indiana, is improving. The stalled engine in Illinois is showing signs of starting. Could increased home values be far behind?
Maybe the Illinois legislators will stop raising property taxes. Increased taxes will cause higher inventory and lower demand. Basic economics says with this formula, home prices will continue to fall. By lowering taxes, demand will increase and supplies will fall. This will raise home values.
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