Welcome to the official Blog of BuyOwner.com

BuyOwner.com buy sell trade rent

  • Home
  • About BuyOwner.com
  • Popular Posts

Home Sales Down, Median Prices Up

Apr29
2008
Leave a Comment Written by Sarah

marketBittersweet news for Illinois homeowners: median home prices are steadily rising amid a steady drop in home sales.

This could be interpreted in a number of ways; most importantly, we can see that desirable homes are selling for higher prices.

While many homes are still stuck on the market, this statistic may be an incentive to make your home as desirable as possible.

An article from www.suburbanchicagonews.com examines the ups and downs of this story:
“During March, home sales remained mired in slow growth activity due to low consumer confidence, tighter financing factors and a weakening economy,” said Kay Wirth, a broker with Re/Max Unlimited Northwest in Crystal Lake and president of the Illinois Association of Realtors. “There is a lot of pent-up demand, and while people are being cautious, given the uncertainty in the overall economy, the spring market is here and now is an ideal time to check out ample inventory in your area to purchase your dream home.”

If you’re looking in the Illinois area, it is best to take a look at the wide range of homes on the market. While buyers may not give away their homes, more balanced prices make this a fair and inviting time to buy or to sell in this micro-economy. This study examined the Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry and Will counties, where easy access to urban areas and the lakeshore are some of the many reasons to buy in this area.

Now may be the perfect time to examine the best of listed properties in the Illinois area!

Related Reading

  • Home Sales Rise in Illinois
  • Renovations Sell Houses?
  • Right Pricing Still Sells Houses
  • Tax Credit Extended!
Posted in Market News, Tips and Ideas - Tagged Market News, real estate info, real estate market
SHARE THIS Twitter Facebook Delicious StumbleUpon E-mail
Similar posts
  • Florida Home Prices Dropping — According to a recent article at HousingWatch.com, Flori...
  • Protect Your Home’s Value — Numerous factors affect the housing market, and right no...
  • Florida Real Estate Bottoms Out? — According to a recent article in the Miami Herald, Flori...
  • Home Sales Show Improvement — For the month of March, the nation’s real estate m...
  • Are You Ready to Buy? — If you’re thinking of buying a home these days, particul...
« Creating a Garden: Part 1
» Creating a Garden: Part 2

No Comments Yet

Leave a Reply Cancel reply

You must be logged in to post a comment.

About the BuyOwner.com Blog

Welcome to the BuyOwner.com Blog, your source for regularly updated market information!

Founded in 1984, BuyOwner.com® is the leading provider of real estate marketing services. We pioneered the "For Sale by Owner" (FSBO) market, which today represents over 20 percent of all residential real estate transactions.

You can read more about BuyOwner.com here.

Article Archives

Buy Owner Links

  • BuyOwner.com on Facebook
  • BuyOwner.com Testimonials
  • BuyOwner.com Website
  • Twitter: Buy Owner

Blog Roll

Real Estate Top Blogs Real Estate Blogs - BlogCatalog Blog Directory Add to Technorati Favorites Find the best blogs at Blogs.com. Blog Directory Home Improvement Blog Directory

Subscribe

Enter your email address:

Delivered by FeedBurner

Tags

31 reasons to sell with buy owner adding value to your home buying a home buying a house buy owner Buy Owner experience curb appeal decorating eco-friendly eco-friendly tips environment florida fsbo Green Living holiday home decorating Home Improvement home improvements home ownership home selling how to sell your home interior decorating interior design kitchen Market News moving real estate real estate market real estate selling real estate tips Regional Info selling selling a home selling a house selling Buy Owner selling by owner selling for sale by owner selling fsbo Selling Tips selling with buy owner selling your home spring staging using buy owner winter

EvoLve theme by Blogatize  •  Powered by WordPress BuyOwner.com Blog
Tips and info for people selling & buying their homes "Buy Owner"