Crown Point Real Estate Market Report - Lake, Indiana
Crown Point, Indiana - Lake County
SEARCH FOR HOMES IN 
Property Type:
Minimum Price
Maximum Price
Min. Beds
Min. Baths
WHAT IS MY HOME WORTH?
Street
Zip Code
Market Trends
Commentary Provided by
Mary Ann Alberson and Debbie Rasala

If you can qualify, now is an exceptional time to buy a home in Crown Point. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 219-765-9534 and ask us about the $8,000 tax credit the federal government is offering to first-time home buyers!

Report DateFall 2009
Nearest Metro AreaChicago
Buyers’ or Sellers’ MarketMore buyers than sellers
Average Time on MarketMore than 120 days
Market TrendIncreasing
Housing InventoryGood supply - Some Prices
Average Home Price$150,000 - View Graph Trend
Best Selling Price Range$100,000 - $149,000
Worst Selling Price Range$350,000 - $399,000
Compared to Last YearDown 5-10%
Prices As % of Asking Price90-95%
Multiple Offers?No
Multiple Offers CommentarySome sellers are getting multiple offers, usually if the property is priced excellent and realistic and if the home is in the $100,000 to $150,000 range.
Greatest ActivityFirst Time Buyers
Buyer Activity for the past 90 days in Crown Point isIncreasing
Seller Activity for the past 90 days in Crown Point isIncreasing
Is Financing Available For Qualified Buyers in Crown Point?Yes
Comments on Financing For Qualified BuyersPlus, for first-time home buyers there is that $8,000 tax credit incentive from the federal government if you close before December 1, 2009. Hopefully it will be extended into April of 2010. We will know shortly if that is extended by the government.
Existing Home Prices for the past 90 days areDecreasing
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Housing Hot SpotsMost cities within the Lake County area are considered 'Housing Hotspots'
Reason to Buy/SellPopulation Growth
Average Sold Price$150,000 - 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...


Let me Answer Your Questions
CONNECT WITH A LOCAL PROFESSIONAL
Mary Ann Alberson and Debbie Rasala
Mary Ann Alberson and Debbie Rasala
CENTURY 21 Alliance Group
Valparaiso, Indiana
219-765-9534
maryann@21alliance.com
Agent Home Page
CENTURY 21 Alliance Group

Crown Point Local News

News for Crown Point, IN - Tuesday November 3rd, 2009 6:58pm
Well it is officially Autumn and we have turned back the clocks. Real estate is selling in Crown Point, especially the homes in the $100,000 to $200,000 range. It has been a busy fall season, and actually August was one of our best months. November is still seeing a steady pool of buyers out there looking and purchasing homes. The first-time home buyer credit of $8,000 that is set to expire November 30, 2009, is hopefully going to be extended to April of 2010. We are waiting for the government's approval of this extension. We should know soon if this credit will be extended.


Contact Me
219-765-9534
Blog Archives



































(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.)
Indiana Homes for Sale  |   Indiana Real Estate News |   Homes for Sale  |   Real Estate Market News  |   Hot Markets