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Iran war complicates housing market in south suburbs

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Chicago Tribune
May 25, 2026
Mortgage RatesSource: GNews
Iran war complicates housing market in south suburbs

South suburban real estate professionals say uncertainty abounds amid increases in the cost of living and interest rates.

Before the Iran war was launched, Alonzo Abron Jr., managing broker and owner of Oak Forest-based A. Progeny Global, had more optimistic expectations about the housing market this year. Now, not so much. With the spring home buying season well underw... [6998 chars]

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