Buying Chicago Real Estate

Rule Number One for potential buyers, according to Money Magazine:

"You can't time the bottom (of the market); you can pick a great home."

Frankly, we couldn't have said it better.

We know there are untold numbers of you wanting (and needing) to buy a condo, but the current market keeps you waiting, and waiting, and waiting...

It's understandable, but remember a couple key factors:

You won't know we've reached the bottom of the market until prices are on the rise again.

Cycles have always occured in the real estate market. Currently, it's the best buyer's market in many years. Choice is plentiful and prices have come down recently. It's undeniable that real estate ownership is the best path to building wealth over time. If you're interested in buying, the time is now. 

More real estate rules for buyers and sellers by Money Magazine can be found conveniently compiled here on Yahoo.