Are you trying to time the market to purchase at the bottom? If you aren’t there is a really good chance you know someone who is. The media spits out national housing statistics and it scares most people because they forget real estate is local.
What happens in California has little to do with our […]
Posts about Market Updates
Will Chicago home prices fall?
» 23 July 2008 // 2 Comments // Market Updates
Inventory levels, what they mean
Real estate markets are considered to be “normal” when there is 6 months worth of inventory. This is a number that most of the Chicagoland area hasn’t seen since May/June of 2006. With inventory numbers peaking last October-December at levels around 24 months for most areas.
» 18 June 2008 // No Comments // Market Updates
Arlington Heights Market Update (5-20-08)
Overview of the real estate market in Arlington Heights Illinois as of 5/20/08. Market statistics and details of the highest and lowest price listings are included.
» 20 May 2008 // No Comments // Market Updates
