Buffalo Grove Real Estate Market Report - Lake, Cook, Illinois
Buffalo Grove, Illinois - Lake, Cook County
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Dana Cohen and Sadie Winter

If you can qualify, now is an exceptional time to buy a home in Buffalo Grove. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 847-525-7487

Report DateFall 2009
Nearest Metro AreaChicago
Buyers’ or Sellers’ MarketMore sellers than buyers
Average Time on Market60-90 days
Market TrendNo Change
Housing InventoryGood supply - Some Prices
Average Home Price$400,000 - View Graph Trend
Best Selling Price Range$400,000 - $449,000
Worst Selling Price Range$700,000 - $749,000
Compared to Last YearUp 5-10%
Prices As % of Asking Price85-90%
Multiple Offers?Yes
Greatest ActivityRepeat Buyers
Buyer Activity for the past 90 days in Buffalo Grove isNo Change
Seller Activity for the past 90 days in Buffalo Grove isNo Change
Is Financing Available For Qualified Buyers in Buffalo Grove?Yes
Existing Home Prices for the past 90 days areNo Change
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Housing Hot SpotsMost cities within the Lake & Cook County area are considered 'Housing Hotspots'
Reason to Buy/SellLower prices with good selection and competitive interest rates creates a perfect time to buy in Buffalo Grove!
Average Sold Price$400,000 - View Graph Trend

National Real Estate Market
National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...


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Dana Cohen and Sadie Winter
Dana Cohen and Sadie Winter
RE/MAX Experts
Buffalo Grove, Illinois
847-525-7487
DanaandSadie@agents.househunt.com
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Buffalo Grove Local News

News for Buffalo Grove, IL - Friday October 23rd, 2009 3:00pm
The tradition of dressing in costume for Halloween has both European and Celtic roots. Hundreds of years ago, winter was an uncertain and frightening time. Food supplies often ran low and, for many people that were afraid of the dark, the shorter days of winter were full of constant worry. On Halloween, when it was believed that ghosts came back to the earthly world, people thought that they would encounter ghosts if they left their homes after dark. To avoid being recognized by the ghosts, people would wear masks when they left their houses after dark so the the ghosts would mistake them for fellow spirits. On Halloween, to keep ghosts away from their houses, people would place bowls of food outside their homes to appease the ghosts and prevent them from attempting to enter.



The American tradition of "trick-or-treating" probably dates back to the early All Souls Day parades in England. During the festivities, poor citizens would beg for food and families would give them pastries called "soul cakes" in return for their promise to pray for the family's dead relatives.

The distribution of the soul cakes was encouraged by the church as a way to replace the ancient practice of leaving food and wine for the roaming spirits. The practice, which was referred to as "going a-souling" was eventually taken up by children who would visit the houses in their neighborhood and be given ale, food and money.


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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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