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Market Trends
Commentary Provided byBarry Newman The short sale & foreclosure market is bring all kinds of buyers. Those two categories are also decreasing values for everyone else. |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | |||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||
| Average Time on Market | 90-120 days | ||
| Market Trend | Increasing | ||
| Housing Inventory | Good supply - Some Prices | ||
| Average Home Price | $500,000 - View Graph Trend | ||
| Best Selling Price Range | |||
| Worst Selling Price Range | |||
| Compared to Last Year | Down 5-10% | ||
| Prices As % of Asking Price | 85-90% | ||
| Multiple Offers? | No | ||
| Greatest Activity | First Time Buyers | ||
| Buyer Activity for the past 90 days in Glenview is | |||
| Seller Activity for the past 90 days in Glenview is | |||
| Is Financing Available For Qualified Buyers in Glenview? | |||
| Existing Home Prices for the past 90 days are | |||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||
| Housing Hot Spots | The Glen | ||
| Reason to Buy/Sell | Other | ||
| Average Sold Price | $500,000 - 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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Barry Newman
CENTURY 21 M.B. Glenview, Illinois 847-921-1666 Barry.Newman@Century21.com Agent Home Page 
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Glenview Local News
News for Glenview, IL - Wednesday July 22nd, 2009 6:54pm
Glenview is booming right now and we hope it continues. This is based on buyer's looking for properties before school starts and investors looking for foreclosures and short sales.
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