Northwestern IL Suburban Housing Market is Slowly Improving
Northwestern IL Suburban Housing Market is Slowly Improving
Real estate data has indicated lately that the overall and Northwestern IL Suburban housing market is slowly improving due to smaller price declines and an increased sales volume.
October sales were up for pre-existing home sales by 23.5% compared with the same month last year. October homes sales exceeded expectations at 6.1 million compared to the 5.7 million home sales that was predicted.
NAR’s chief economist who stated that, “Existing home sales have already bottomed. Home prices are almost there. We are seeing less of a decline in house values.”. The nationwide housing market’s recovery has already started to seep into the Northwestern IL Suburban real estate market.
Joe Stacy, a Northwestern IL Suburban real estate agent, can help you take advantage of this remarkable Illinois real estate buyers market by showing you Northwestern IL Suburban homes for sale or other Northwestern IL Suburban properties.
To find out more about Northwestern IL Suburban new homes or to book a Northwestern IL Suburban home for sale showing, please contact Joe Stacy at (847) 874-6731 or by email.
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December 17th, 2009 at 9:58 am
[...] New-home sales rose 24% and pending home sales jumped 32% overall in October from a year earlier, which is good news for the Bartlett IL real estate market. [...]
December 22nd, 2009 at 8:39 pm
[...] The $8,000 first-time home buyers credit extension seems to be stimulating real estate sales in the NW Suburban Chicago area. [...]