A few weeks back I wrote about how low our home inventory is here in Chicago (Inventory Is Low. What Does That Mean For Chicago Investors?). The short version is that we have about one third the homes for sale that we had in 2019, and it has stayed that low for years now.When there is almost nothing for sale on the open market, investors have to get creative. You cannot just scroll the MLS and find a deal like you used to. So more and more of the
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