New Lenox and Frankfort Real Estate Market Report - Cook County, Illinois
New Lenox and Frankfort, Illinois - Cook County

Market Commentary Provided by Ron Daly

  Report Date   Fall 2009  
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Ron Daly
Ron Daly
Coldwell Banker Honig Bell
Orland Park, Illinois
708-822-3468
dalyro@msn.com
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Coldwell Banker Honig Bell
  Nearest Metro Area  
  Buyers’ or Sellers’ Market   More buyers than sellers
  Average Time on Market   More than 120 days
  Market Trend   Increasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $300,000 - View Graph Trend
  Best Selling Price Range  
  Worst Selling Price Range  
  Compared to Last Year   Down 15-20%
  Prices As % of Asking Price   90-95%
  Multiple Offers?   No
  Greatest Activity   First Time Buyers
  Buyer Activity for the past 90 days in New Lenox and Frankfort is  
  Seller Activity for the past 90 days in New Lenox and Frankfort is  
  Is Financing Available For Qualified Buyers in New Lenox and Frankfort?  
  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   Frankfort and New lenox have a lot of growth for new housing.
  Reason to Buy/Sell   Other
  Average Sold Price   $300,000 - 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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(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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