Spring 2012 Market Update
The short sale & foreclosure market is bring all kinds of buyers. Those two categories are also decreasing values for everyone else.

Average Home Price $425,000 - View Graph Trend
Average Price Compared to Last Year Down 5-10%
Average Time on Market 90-120 days
Best Selling Price Range$400,000 - $449,000
Worst Selling Price Range$1,000,000+
Prices As % of Asking Price 85-90%
Existing Home Prices for the past 90 days are?Decreasing
Market Trend Increasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Glenview isIncreasing
Seller Activity for the past 90 days in Glenview is?Increasing
Multiple Offers?No
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Glenview!
Nearest Metro AreaChicago
Housing Hot SpotsThe Glen
Average Sold Price $425,000 - View Graph Trend

Glenview Local News


News for Glenview, IL - June 22nd, 2011 3:45pm
Located just 17 miles north of Chicago's Loop and just a few miles from Lake Michigan, Glenview is a great place to raise a family, a beautiful place to live and an excellent place to do business. Originally known as South Northfield, then as North Branch and then Oak Glen, the city became Glen View in 1878 and became a city that has continued to grow and prosper. First inhabited by the Winnebago Indian tribe, Glenview was incorporated on June 17, 1899. Waukegan and Glenview Roads used to serve as the Indian Trails created by the early settlers.

Home to more than 42,000 residents, Glenview is reputed to have desirable schools and beautiful, tree-lined neighborhoods. Glenview is the only village in Illinois to have a high school, junior high school and elementary school all receive the Department of Education's "National Excellence in Education" award. In addition to an excellent school system, the Glenview Park District boasts an 82-acre natural preserve called "The Grove." Kennicott Grove, a National Historic Landmark that was the homestead of Dr. John Kennicott. Wagner Farm also brings a bit of history to the area as one of the last working farms in Cook County.Glenview real estate features an incredible mix of styles and home prices offering everything from affordable country cottages for sale to luxurious English style estate homes.

News for Glenview, IL - May 4th, 2011 10:02am
Located just 17 miles north of Chicago's Loop and just a few miles from Lake Michigan, Glenview is a great place to raise a family, a beautiful place to live and an excellent place to do business. Originally known as South Northfield, then as North Branch and then Oak Glen, the city became Glen View in 1878 and became a city that has continued to grow and prosper. First inhabited by the Winnebago Indian tribe, Glenview was incorporated on June 17, 1899. Waukegan and Glenview Roads used to serve as the Indian Trails created by the early settlers.

Home to more than 42,000 residents, Glenview is reputed to have desirable schools and beautiful, tree-lined neighborhoods. Glenview is the only village in Illinois to have a high school, junior high school and elementary school all receive the Department of Education's "National Excellence in Education" award. In addition to an excellent school system, the Glenview Park District boasts an 82-acre natural preserve called "The Grove." Kennicott Grove, a National Historic Landmark that was the homestead of Dr. John Kennicott. Wagner Farm also brings a bit of history to the area as one of the last working farms in Cook County.Glenview real estate features an incredible mix of styles and home prices offering everything from affordable country cottages for sale to luxurious English style estate homes.

News for Glenview, IL - February 8th, 2011 10:49am
Located just 17 miles north of Chicago's Loop and just a few miles from Lake Michigan, Glenview is a great place to raise a family, a beautiful place to live and an excellent place to do business. Originally known as South Northfield, then as North Branch and then Oak Glen, the city became Glen View in 1878 and became a city that has continued to grow and prosper. First inhabited by the Winnebago Indian tribe, Glenview was incorporated on June 17, 1899. Waukegan and Glenview Roads used to serve as the Indian Trails created by the early settlers.

Home to more than 42,000 residents, Glenview is reputed to have desirable schools and beautiful, tree-lined neighborhoods. Glenview is the only village in Illinois to have a high school, junior high school and elementary school all receive the Department of Education's "National Excellence in Education" award. In addition to an excellent school system, the Glenview Park District boasts an 82-acre natural preserve called "The Grove." Kennicott Grove, a National Historic Landmark that was the homestead of Dr. John Kennicott. Wagner Farm also brings a bit of history to the area as one of the last working farms in Cook County.

Glenview real estate features an incredible mix of styles and home prices offering everything from affordable country cottages for sale to luxurious English style estate homes.

News for Glenview, IL - July 5th, 2010 8:43pm
Located just 17 miles north of Chicago's Loop and just a few miles from Lake Michigan, Glenview is a great place to raise a family, a beautiful place to live and an excellent place to do business. Originally known as South Northfield, then as North Branch and then Oak Glen, the city became Glen View in 1878 and became a city that has continued to grow and prosper. First inhabited by the Winnebago Indian tribe, Glenview was incorporated on June 17, 1899. Waukegan and Glenview Roads used to serve as the Indian Trails created by the early settlers.

Home to more than 42,000 residents, Glenview is reputed to have desirable schools and beautiful, tree-lined neighborhoods. Glenview is the only village in Illinois to have a high school, junior high school and elementary school all receive the Department of Education's "National Excellence in Education" award. In addition to an excellent school system, the Glenview Park District boasts an 82-acre natural preserve called "The Grove." Kennicott Grove, a National Historic Landmark that was the homestead of Dr. John Kennicott. Wagner Farm also brings a bit of history to the area as one of the last working farms in Cook County.

Glenview real estate features an incredible mix of styles and home prices offering everything from affordable country cottages for sale to luxurious English style estate homes.
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Mortgage Rates
– May 28th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.82%
 15 yr. fixed rate:     3.11%
  30 yr. jumbo rate:  4.38%
  15 yr. jumbo rate:  3.61%

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Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

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