Archive for February, 2008

Filed under market stats

2007 Sales Summary for the Chicago Metropolitan Area

According to the Illinois Association of Realtors 2007 market report, sales were down about 20% in the Chicago metro area for the year. The median home sale price was up 2.4%.
What does this mean for our local spring market of 2008? It is still a buyer’s market.

Comments Off Laura on Feb 24th 2008

Filed under barrington, buyers, palatine, sellers

What is the Most Common Home Inspection Issue You Encounter?

I took out some buyer clients yesterday in Deer Park. This is a lovely area north of Palatine and east of Barrington. One of its distinguishing features is its rolling landscape and soft hills.
After seeing a couple duds, we came upon a home my clients really liked. The home had great curb [...]

Comments Off Laura on Feb 24th 2008

Filed under market stats

Chicago Metropolitan Area Fourth Quarter Report

It may seem like the 4th quarter of 2007 was years ago, but the data for that period is just in. According to the Illinois Association of Realtor’s recent report, the median home sale price in the Chicago area was up 1.2 percent. This is hardly the kind of appreciation we had become accustomed [...]

Comments Off Laura on Feb 21st 2008