Here is a video from Steve Baird (Our Fearless Leader) of Baird & Warner in the Chicagoland area. The video shares his views on the current real estate market. I found his thoughts and explanation interesting. I agree that there is pent-up demand in the housing market and until we have more Consumer Confidence our markets will remain slow. If interest rates continue to fall and the fear of the economy & job loss subsides, I think our markets will stabilize.
Steve Baird: Consumers and the Market from Baird Warner on Vimeo. If you would like more information on current trends in Downers Grove or DuPage County give me a call at 630-964-3276. Laura Karambelas Baird & Warner Realtor Associate