Number of October Buffalo Grove Home Sales Stays the Same

The Buffalo Grove home sales market statistics from MORe® have been released and the number of homes sold in October 2011 is the same as 2010. The sales prices on the other hand have been going down. Some may see this as bad, but lets look for the silver lining here.

1. Now is the time to BUY! - With prices down and mortgage interest rates at historical lows now is the perfect time to buy. If you are a seller, try to remember that even though you may sell lower than you want to, you will also be able to buy lower.

2. Now is the time to invest in real estate! - Again, prices and interests rates are low. What better time than now to invest in a piece of real estate. Rental properties are hot right now and investing your money in a piece of real estate to turn into a rental property is smart investing. 

3. Movin' on up! - If you have always wanted to live in a certain neighborhood but couldn't afford it, you probably can now. I'm going to say it again.... prices and rates are low, low, low! 

Try to find the positive in this market as there is always good. You can get incredible deals right now and who doesn't love a great deal. We at the Sharron Kelley Team at Coldwell Banker are here to help you find the right home at the right price! We have 20+ year experience in the Buffalo Grove real estate market and can help guide you through it.

For the full market reports visit www.NorthernIllinoisHomes.com and check out our lastest blog, Buffalo Grove Real Estate Market Stats for October 2011.