Home is Where the Hurt is in Today’s Housing Market

August 25, 2010  |  

(Chicago  Sun-Times) — Stuck — that’s how Yvonne Smith felt as she tried unsuccessfully for more than two years to sell her Evanston home. She recently agreed to an offer that’s roughly 37 percent below her initial asking price, joining many other sellers who’ve had to revamp their expectations in what remains an ailing housing market here.

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