Lake in the Hills Real Estate Market Conditions & Reports, Lake in the Hills Market Trends, Illinois

Market Commentary Provided by Lori Slowiak & Vicky Rupp

Report Date

Fall 2009

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Lori Slowiak & Vicky Rupp
Realty Executives On The Move
Cary, Illinois
815-509-8572
lori@wemovehomes.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$275,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Lake in the Hills is

Seller Activity for the past 90 days in Lake in the Hills is

Is Financing Available For Qualified Buyers in Lake in the Hills?

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

Reason to Buy/Sell

Other

Average Sold Price

$275,000 - 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.

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