Financing frustrations continue in 2010

For much of 2009, Chicago Association of Realtors President David Hanna publicly criticized federal lending guidelines that hampered buyers’ efforts to purchase condominiums in the city, such as limits on the amount of commercial space or investor-owned units in a condo building. According to the association’s new president, Genie Birch, things haven’t gotten any better in recent months. We discussed this briefly during my interview with her on Wednesday.

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