Those of us with retirement accounts have likely noticed the upward trend in the stock market over the past several months, but it's also important to point out that some key figures are up in the national and Chicago real estate markets as well.
Pending home sales - the sales that are under contract but have not yet closed - rose for nine straight months. This positive news is hardly surprising. Buyers came back into the market this fall looking to take advantage of some of the lowest home prices of the decade, super cheap mortgage rates, and the $8,000 home buyer tax credit which was originally scheduled to expire at the end of last month.
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