Chicago FHA 203k Renovation loans  A lack of inventory for the homes that buyers have been looking for has been number one problem in the Chicago area housing market for most of the last year. And lately, the problem just seems to be getting worse.  If a home is in a good neighborhood, is in good condition and is priced right, it is going fast. Most of the time with multiple offers. At the same time, there are a lot of homes in great neighborhoods that aren’t selling right away. A lot of the time it is homes that are in a good location, but they just don’t show as well. These homes might not have been maintained as well, or they could have outdated features, or maybe there are serious problems that need to be fixed before they can even get financed. These homes tend to have lower sales prices, and less…

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