The Chicago Housing Market on the Verge of a Tech Boom?!

The Chicago Housing Market on the Verge of a Tech Boom?!

Published by: Christopher Tenggren, Broker/REALTOR (at: RE/MAX All Pro – HomesInTheFoxValley.com), March 26, 2017

In a recent survey conducted by Modis, an IT staffing services provider, they identified the housing markets primed to be transformed by technology. The top 5:

1. Chicago, 2. Houston, 3. Boston, 4. Denver, and; 5. Philadelphia

According to an article published by RISMedia (Five Housing Markets on the Verge of a Tech Boom), which referenced te Modis survey, they mention that the hottest housing markets have one determining factor in common… employment opportunities. Cities with jobs in growing fields draw incoming residents in droves – and none is more in-demand currently than technology.

The Chicagoist also published an article (New Ranking Names Chicago #1 Emerging Tech Hub) referncing the Modis survey.  In their article, they reference a statement made by Chicago’s mayor Rahm Imanual praising Chicago’s tech sector growth, which he has focused on promoting since becoming mayor.

“For three years Chicago has led the nation in corporate relocations, and this survey shows that talent is following,” the statement says. “Chicago is a global hub for technology and a place where both companies and their employees can thrive.”

Sources: Modis, RISMedia and Chicagoist

The Chicago Housing Market on the Verge of a Tech Boom?!

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