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Good News for Buffalo Grove Home Owners-Interest Rates are Going Down!

By
Real Estate Sales Representative with Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein

What is Going On in the Buffalo Grove Real Estate Market? 

Buffalo Grove Interest Rates are DownOver the past several months we have had a surge in home sales in Buffalo Grove.  Many of the Buffalo Grove buyers were first time home buyers and were taking advantage of the Tax Credit that was offered. 

In checking with the lenders and other Buffalo Grove Realtors, home sales in Buffalo Grove have fallen off quite a bit due to the end of the credit.   Over the next several weeks, we also have the Memorial Day Weekend and School graduations so that is also a quiet time in the Buffalo Grove Real Estate market.

Interest Rates Drop

 

The Good News to Buffalo Grove Home Owners is that the morning news just said that due to the European Financial Crisis,  investors are now putting money back into our markets and interest rates are expected to go down to 4.5% over the summer.   If you are thinking of Selling your home in Buffalo Grove, now is the time to get it on the market and make sure you are priced to sell.  If you are looking to buy a Buffalo Grove Home, now is a great time to take advantage of low interest rates.  I have a great lender that you can talk to about your financial needs. 

As a Buffalo Grove Real Estate Agent out of Coldwell Banker, I can help buyers and sellers with Homes in Buffalo Grove. If you need a real estate expert, look no further. The Sharron Kelley Team can help you with all of your needs. Contact me, Sharron Kelley at 847-465-3638 or email me at Sharron@NorthernIllinoisHomes.com. Visit my website www.northernillinoishomes.com for all of your real estate needs.