Are international investors buying up Chicago?

A post at HGTV’s FrontDoor site has this headline: “Trending: International Investors Buying Up Chicago.”

International house hunters, according to FrontDoor, represent “a smoking trend” and they’re reaching out to an obscure Chicago firm rather than one of its internationally-known ones to seal the deal.

My take: there’s more smoke being blown than trend to be seen.

Are any Realtors or property managers out there seeing an influx of international investors looking to buy the modestly-priced condos described in the FrontDoor post?

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