WGN Radio 720 - Chicago's Very Own
CHICAGO – JULY 27: “Condos For Sale” signage for newer constructed condos is seen July 27, 2006 on the near-north side of Chicago, Illinois. The Chicago area, especially in the downtown and near-downtown area is booming of late with new condominium construction. According to some developers, Chicago has upwards of 12,500 condominium units either under construction or in the design/proposal stage. Reportedly in 2005 the city had condo sales of just over 8,100 and the year previous just under 6,300. (Photo by Tim Boyle/Getty Images)
Dennis Rodkin, residential real estate reporter for Crain’s, joins Anna to talk about the likelihood that we see a downtown condo-buying binge.