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Spring 2012 Market Update
Keep the leads coming!
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| Average Home Price | $625,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $600,000 - $649,000 |
| Worst Selling Price Range | $150,000 - $199,000 |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Northfield is | Increasing |
| Seller Activity for the past 90 days in Northfield is? | Increasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 0-5% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Northfield! |
| Nearest Metro Area | Chicago |
| Housing Hot Spots | New construction is up 5% over last year. |
| Average Sold Price | $625,000 - View Graph Trend |
Northfield Local News
News for Northfield, IL - June 22nd, 2011 3:47pm
Northfield 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. Northfield is nestled between Glencoe, Winnetka, Glenview and Northbrook. Easy access to highways and general transportation. This is one of the great towns on the North Shore of Chicago!
News for Northfield, IL - May 4th, 2011 10:07am
Northfield 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. Northfield is nestled between Glencoe, Winnetka, Glenview and Northbrook. Easy access to highways and general transportation. This is one of the great towns on the North Shore of Chicago!
News for Northfield, IL - February 8th, 2011 10:57am
Northfield 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. Northfield is nestled between Glencoe, Winnetka, Glenview and Northbrook. Easy access to highways and general transportation. This is one of the great towns on the North Shore of Chicago!
News for Northfield, IL - July 5th, 2010 8:46pm
Northfield 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.
Contact Information
Barry Newman
847-921-1666
Request More Information Let me answer your questions!
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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%
Home Values
StreetZip Code
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.
Click here for full article...
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.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Barry Newman
@properties
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 847-921-1666
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